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Announced

Completed

Spire Capital Partners completed the investment in Advocate Networks.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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Private Equity

technology business management

Business Process Outsourcing

Acquisition

United States

Single Bidder

Friendly

Majority

Completed

Private

Synopsis

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Spire Capital Partners, a New York-based private equity firm, completed the investment in Advocate Networks, a technology business management company. Financial terms were not disclosed. "Tim Wise and Scott Fogle have built an incredible company and assembled a deeply talented management team that has grown to become the leader in managed services for TBM and TEM," David Schaible, Spire Capital Partner.

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