Rockbridge Growth Equity Acquires a Majority Stake in Access Global Group, a Salesforce-Focused IT Consulting Services Provider
- Editor
- Mar 26
- 1 min read
Whats Happening:
Rockbridge Growth Equity has made a majority investment in Access Global Group, a Salesforce-focused solutions and services company. This marks the first investment in Rockbridge's FormativGroup platform, which aims to offer modernized application development, data architecture, and consulting services to the middle market and growing enterprise segments.
Key Moves:
Rockbridge Growth Equity acquires majority stake in Access Global Group
Launch of FormativGroup platform for middle market tech consulting services
Gene Chao appointed as CEO of FormativGroup
By The Numbers:
Rockbridge has regulatory assets under management of over $1.7 billion
Access Global Group has over 15 years of specialized experience
Access Global Group serves customers in financial services and public sector end-markets
Key Quotes:
"We are excited to formally launch the FormativGroup platform with our acquisition of Access Global Group," said Mr. Chao.
"We see strong demand for these services in this sector of the market and look forward to announcing more acquisitions soon."
"Access Global Group is well aligned with FormativGroup's group mission of delivering holistic, tailored technology consulting services to help mid-sized companies on their technology transformation journeys," said Mr. Bollineni.
Bottom Line:
Rockbridge Growth Equity's acquisition of Access Global Group and the launch of FormativGroup signal a strategic move into the middle market technology consulting space. This investment aims to capitalize on the growing demand for modernized application development, data architecture, and consulting services in this underserved segment.
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