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Corsis acquires Crosslake Technologies – What you Need to Know

Falfurrias Capital Partners (FCP) annouced the merger of Crosis and Crosslake Technologies on Jan 21, 2021.

Corsis

Corsis is a data-powered technology platform that delivers revolutionary insights into technology investments that drive growth and value.

Crosslake Technologies

Crosslake is your end-to-end software technology partner that enables customers to transform their people, processes, and technology.

“For years, we’ve played a key role in growing the value of private equity investments through objective data-driven insights, and now we have a unique opportunity to strategically broaden our capabilities,” said Gregg Alwine, CEO, Corsis. “Combining our unparalleled insights with Crosslake’s team of first-class software practitioners will ultimately deliver a platform that’s truly unmatched in our industry.”

About Corsis
Corsis is a data-powered technology platform that delivers revolutionary insights into technology investments that drive growth and value. Corsis uses a consistent, proven process to objectively visualize the health, risk and opportunity within a company’s technology and compliance operations. Leveraging their proprietary TechIndicator software, Corsis seamlessly blends process automation with a human touch to surface key insights that inform critical decision points. To learn more, visit http://www.corsis.com.

About Crosslake Technologies
Crosslake Technologies is an Information Technology and Software Development Services company, providing services including Transformational Roadmaps, Technical Assessments, Organizational Optimizations, Quality Assurance Acceleration, DevOps, and IT Operations. Crosslake works to transform organizations and optimize software delivery. With extensive boots-on-the-ground experience in IT execution and shipping software, Crosslake provides end-to-end value with expertise in management consulting and advisory services providing both strategic and tactical insight. Established in 2008, Crosslake is headquartered in Seattle, Washington. For more information, visit http://www.crosslaketech.com/.

About Falfurrias Capital Partners
Falfurrias Capital Partners is a Charlotte-based private equity investment firm founded in 2006 by Hugh McColl Jr., former chairman and CEO of Bank of America; Marc Oken, former CFO of Bank of America; and Managing Partner Ed McMahan. The firm has raised approximately $1.0 billion across four funds and invests in growing, middle market businesses in sectors where the firm’s operational resources, relationships, and sector expertise can be employed to complement portfolio company executive teams in support of growth objectives. Falfurrias Capital Partners employs a proprietary, research based process called “Industry First” to identify markets with durable growth trends, construct a thesis based on research findings, and partner with management teams and companies to create strategic value.

SOURCE Falfurrias Capital Partners

Related Links

http://www.falfurriascapital.com

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