The Private Equity team advised Alpine Investors and Innovative Systems on the acquisition of Innovative Systems by GTCR, a leading private equity firm.
Innovative Systems is a mission-critical enterprise software that enables independent service providers to seamlessly manage their business, deliver modern network services, and reduce operating costs. The company's core products include eLation™, a market-leading Billing & Operations Support System (BSS/OSS), InnoStream™ Multi-Generation TV (MG-TV), a streaming video solution, and APMax™, a hardware and software Voice over IP (VoIP) platform. Based in Mitchell, South Dakota, Innovative Systems is proud to enable connectivity to enrich lives across the country, including delivering outstanding service to Telecom, Cable, Municipality, Power, and Utility customers and their constituents.
Alpine Investors is a people-driven private equity firm committed to building enduring companies by working with, learning from, and developing exceptional people. Alpine specializes in investments in the software and services industries. Alpine’s PeopleFirst strategy includes a talent program that allows Alpine to bring leadership to situations where additional or new management is needed post-transaction. Alpine has $17 billion in assets under management and has three offices in San Francisco, New York, and Salt Lake City.
The Goodwin team was led by Patrick Sandor, Mark Joseph, Hayden Kursh, Alesha Neumann, Graham LaBran-Boyd, Ben Lidsky, Andy Barton, James Oh, Albert Solecki and Scott Bailer, Joel Lehrer, Martha Schreck, Jacqueline Klosek, Steve Clemens, Garrett Gaughan, Andrew Lacy, John Goheen, Simone Waterbury, Nick Pellow, Danielle Fong, Kris Ring and Reid Bagwell, with invaluable support from Emma Balls, Neel Sitaramya, Serene Qandil, Brian Phillips and Kerri Finn.
For more information on the deal, please read the press release.