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.

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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

Established in 2005, Evolution Capital Partners is a small-business private equity firm dedicated to supporting founders seeking to transform their entrepreneurial businesses into professionally managed organizations. Our team of investors, partners and employees focuses on identifying and underwriting investment opportunities with high-growth potential. As a control investor, Evolution supports its founder partners by providing capital and applying its Evolution Pro professionalization strategy, which addresses the unique challenges experienced by small businesses and accelerates their growth. www.evolutioncapitalpartners.com

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 Pro, the systematic organizational change agent that transforms the challenges small businesses face into sustainable and profitable growth.

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 Pro, 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