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Strategy. Execution. Results. |
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Strategy. Execution. Results. |
January 30, 2009
Columbus, Ohio
StrateSphere LLC, an Active Capital firm located in Columbus, Ohio recently completed the acquisition of local interactive media company, tracermedia (www.tracermedia.com), to broaden its capabilities in the education and training space.
Tracermedia, has a long history of delivering innovate rich media training and education programs to educational providers including McGraw-Hill Companies, corporate clients including Ross Labs and Sterling Commerce, and government agencies including eTech Ohio and the Ohio Department of Agriculture. In addition, the company has recently entered the growing field of educational gaming in which it has immediately established a presence through the development of educational games for audiences ranging from pre-k to the adult workforce.
"Tracermedia is the ideal company we seek out for acquisition," said Damon Caiazza, a partner with StrateSphere. "They have a quality product, strong list of clients and accomplishments, and the ability to expand their presence not just domestically in the United States, but globally as education, training, and workforce development continues to be in high demand."
The acquisition had been something that tracermedia founder and CEO, John Geiger, and Damon Caiazza had been discussing for several months. Momentum to complete such an acquisition picked up in late summer of 2008 as StrateSphere began to get more involved internationally in education and training projects that represented a good complement to tracermedia's existing experience.
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 aboutthis topic, or to schedule an interview with StrateSphere, please call Damon Caiazza at +1 614-416-8001 or email pr@stratesphere.com
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