New York, NY (PRWEB) May 24, 2012
Ridgemont Equity Partners (Ridgemont) has chosen SunGard’s Investran to help it automate and manage its private equity investment accounting, reporting and partnership structures for investors. Ridgemont is a Charlotte, North Carolina-based private equity firm specializing in buyout and growth capital.
Ridgemont selected SunGard’s Investran to help it centralize its portfolio and partnership transaction processing. Investran provides a secure environment which can help Ridgemont better streamline its investor relations workflow, improve management and analysis of its portfolio data.
Ed Balogh, chief operating officer at Ridgemont, said, “We chose SunGard’s Investran based on its ease of use, robust processing power and proven implementation methodology. The sales team’s depth of expertise and experience were also compelling factors in our decision. The strength of Investran’s reporting and management of the entire investment lifecycle will help us increase control in accessing necessary investment and investor data. The benefit of the solution’s configurability means we will be up and running in a matter of months, which will help improve our business process efficiency. Investran’s scalability helps ensure that it can support our business growth.”
Lauren Iaslovits, chief operating officer of SunGard’s Investran business unit, said, “Ridgemont was seeking automated solutions to help provide transparent reporting to its new investor base. SunGard’s Investran will help Ridgemont adapt and innovate its business for future growth through improved management of the entire investment lifecycle.”
Ridgemont Equity Partners is a Charlotte-based private equity firm that specializes in middle market buyout and growth equity investments. Since 1993, the principals of Ridgemont have invested over $3 billion in more than 110 companies. The firm focuses on investments of $25 million to $75 million in industries in which it has deep expertise, including basic industries and services, energy, healthcare, and telecommunications/ media/ technology. http://www.ridgemontep.com.
About SunGard’s Investran
SunGard’s Investran is an integrated application suite that automates front-, middle- and back-office processes for private equity and alternative investment firms. Investran helps improve business efficiencies to facilitate collaboration, support deal flow and automate accounting. Firms rely on Investran’s integrated capabilities to help meet their needs in the entire investment life-cycle, including relationship management, reporting, monitoring, accounting, fund raising and deal pipeline management. For more information, please visit http://www.sungard.com/investran/learnmore.
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $4.5 billion, SunGard is the largest privately held software and services company and is ranked 480 on the Fortune 500. Look for us wherever the mission is critical. For more information, please visit http://www.sungard.com.
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