The amount of the transaction was not disclosed.
The company, which recently bought Telwares, a consulting firm that provides network optimization and transformation services to clients worldwide, intends to use the proceeds from the financing to continue to grow via additional acquisitions.
Founded in 2003 by Ben Trowbridge, Chairman and CEO, Alsbridge provides data-driven benchmarking, outsourcing consulting and network advisory services for CIOs. Its 175 consultants across three continents leverage proprietary tools and information databases to identify and engage the optimal vendors for its clients, negotiate best practice terms at fair market prices and improve ongoing vendor management.
The firm helps its clients generate significant cost savings and make more informed purchasing decisions for IT infrastructure services, network carrier services, hardware and software, application support and development, business processes and cloud services.