The Atherio management team has a long history of operating success and our investment in them is a critical component to their growth strategy.” Steve Schwartz-Prudent Capital
Jacksonville, Florida (PRWEB) August 07, 2013
Atherio, one of Florida’s fastest growing companies specializing in enterprise technology and business services, today announced that it has secured multi-million dollar funding from Prudent Capital. The line of credit will enable Atherio to execute its acquisition strategy, as well as, fuel its aggressive growth plans for FY 2014.
Atherio is building an innovative mid-market IT services company that is focused on delivering best in class services at the best cost for our clients. Leveraging its global delivery model and low cost structure, Atherio is able to provide IT-enabled business solutions that exceed the enterprises’ needs.
Atherio has adopted an acquisition strategy focused on companies that provide a synergetic mix of capability, technology, and IP, which enable Atherio to increase its offerings and provide more value to existing clients while expanding into adjacent markets. Atherio has extensive expertise in the mobile applications development sector, a vast array of web development services, matched only by the unparalleled expertise of their technology and financial services, partnered with the technology consulting market.
Steve Schwartz, Prudent’s Portfolio Manager said, “The Atherio management team has a long history of operating success and our investment in them is a critical component to their growth strategy.” Jason Cory, CEO of Atherio, added, “Our partnership with Steve Schwartz and Prudent Capital is perfect for a company at our stage of growth. We see Prudent as a long term partner who will assist us in delivering our strategic plan.”