Monolith Software (“Monolith”), an active growth company in Evolution Capital Partner’s (“Evolution”) third Fund, announced its purchase of the assets of TDB FusionGroup and Federos for Unified Business Management. The assets complement Monolith’s core service assurance solution product, AssureNow™.

“The leadership team at Monolith has done a tremendous job identifying opportunities for continued growth and global expansion,” said Evolution’s Co-Founder & Managing Partner, Brendan Anderson. 

“Over the last year, we have competitively positioned ourselves to address the $3.1 B market opportunity for service assurance,” said David Knight, CEO at Monolith Software.

Read the full press release >>>

 

About Monolith Software

Monolith Software provides a next generation, service assurance solution that unifies fault, performance, topology, and service level management in a single scalable platform. Built on a single codebase, our multi-tenant AssureNow™ platform uses an open and unified approach for data collection, enrichment, visualization, and reporting. Leading telecommunications, managed service providers and enterprises, including Aureon, Eir, Equinix, Hargray, MANX, Oracle, Tata Communications, and Tele2, use Monolith to unify and simplify their infrastructure management, and consolidate disparate and legacy tools onto a single platform to significantly reduce operations costs, assure delivery of new services, and enhance customer experience. For more information, visit http://www.assurenow.io.

About Evolution Capital Partners

Evolution Capital Partners is a small business private equity fund investing growth equity nationwide in Second Stage Companies generating at least $500,000 of EBITDA. Evolution specializes in helping entrepreneurial businesses transform their organizations by providing a foundation for growth through its process, the Five Fundamentalsleveraging the time and energy of the business owner. For more information, visit www.evolutioncapitalpartners.com.

Jeffrey Kadlic

Author Jeffrey Kadlic

Jeffrey Kadlic is a Founding Partner of Evolution Capital Partners, a nationally recognized and award-winning private equity firm dedicated to driving small business transformational success. His passion is simple: arm and inspire entrepreneurs today with the operational leadership, capital management, and success drivers that competitive markets demand. He is a creator of Evolution’s Five Fundamentals, the systematic organizational change agent that transforms the challenges small businesses face into sustainable and profitable growth.

More posts by Jeffrey Kadlic

Contact: (216) 593-0402