H.I.G. Invests In Eze Castle Integration
Eze Castle Integration, a managed service provider to the financial industry, today announced a significant investment by an affiliate of private equity firm H.I.G. Capital. The investment will allow Eze Castle Integration to capitalise on the vast market opportunities present globally for its services and support execution of the company's long-term growth strategy.
Founded in 1995, Eze Castle Integration has more than 650 clients and offices across the United States, United Kingdom and Asia. The company has built a reputation as the undisputed leader in managed services and cloud solutions for the financial industry based on its commitment to solution innovation and client service. This reputation for excellence is also driving demand for Eze Services across other industry verticals.
"ECI's global white glove service and its highly scalable and secure cloud infrastructure and platform create a differentiated end-to-end solution that is indispensable for its clients' daily operations," said Todd Ofenloch, Managing Director at H.I.G. "We look forward to working with the management team, supporting the rapid adoption of new products including the Eze Hybrid Cloud, and accelerating the company's growth within its existing as well as new end markets."
"Eze Castle Integration is at an exciting time in its evolution as the market demand for the company's managed services is at an all-time high across the entire financial sector and beyond," said John Cahaly, CEO of Eze Castle Integration. "The investment by H.I.G. will support the company's next phase of product innovation, continued global expansion and increased sales execution and reach."
Eze Castle Integration's recent milestones include:
- The launch and rapid growth of the Eze Hybrid Cloud platform, which combines the security and control of a private cloud platform with the application flexibility of the Microsoft Cloud;
- Market segment expansion aligned with maintaining the company's stronghold in the financial sector while growing its client base across other vertical markets; and
- Receiving award recognition by 15 publications in 2018 year-to-date.
KPMG Corporate Finance acted as advisors to Eze Castle Integration on this transaction.