 |
Strategy. Execution. Results. |
|
Strategy. Execution. Results. |
March 1, 2006
Columbus, Ohio
StrateSphere LLC, an Active Capital firm located in Columbus, Ohio recently completed the acquisition of Tracerdigital, a local IT consulting and professional services firm.
The acquisition provides StrateSphere an expanded client base including several state agencies, extended capabilities in the areas of IT Management, Procurement, and Development, and a Federal GSA and Ohio State Term Schedule with will enable StrateSphere to expand its work in the government sector.
As a result of the acquisition, Damon Caiazza, CEO and Founder of Tracerdigital, will become a partner in StrateSphere focusing on business strategy, business development, and operations. StrateSphere and Tracerdigital will be combining office in New Albany, Ohio within the next few months at which point they will begin aggressive expansion plans that include domestic and global initiatives.
"The acquisition of Tracerdigital provides additional services to our existing portfolio of SME clients," said Tariq Farwana, Managing Partner of StrateSphere. "Technology will be key enabler in many, if not all, of the global growth strategies that we develop and execute moving forward. Tracerdigital gives us experience and resources in this area to execute on critical IT strategies."
StrateSphere, an Active Capital firm, is a unique blend of a Private Equity and a Management Consulting firm, with a primary competency of enabling SMEs to maximize their enterprise value in local and global markets.
StrateSphere aims to be a vested-interest partner of choice for SMEs in providing a comprehensive solution to their needs. In essence, StrateSphere has set out to carve a new niche in the Private Equity market. Our aim is to evolve the traditional Venture Capital model by blending it with aspects of Management Consulting, thus providing a synergistic and comprehensive offering that enables SMEs maximize their potential. StrateSphere has coined the term Active Capital to describe this new level of a comprehensive business proposition.
If you would like more information about this topic, or to schedule an interview with StrateSphere, please call Damon Caiazza at +1 614-416-8001 or email pr@stratesphere.com
<< Back to News
