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Strata Information Group ("Sig") Continues Growth Trajectory and Names New Chief Operating Officer Benzinga

Oct 06, 2023almost 2 years ago

Position

Chief Operating Officer

Company

Strata Information Group

Tiffany Palacz
San DiegoSoftware

Description

Strata Information Group , a leading provider of comprehensive IT services to higher education institutions since 1987, announced today the appointment of Tiffany Palacz as Chief Operating Officer. Palacz is a senior executive with significant experience in management consulting with a focus on mission-based organizations. Palacz joins SIG at a pivotal time as the company grows its market share in the higher education technology consulting space. SAN DIEGO , Oct

Company Information

Company

Strata Information Group

Location

San Diego, California, United States

About

"Bringing together SIG and akaCRM creates a powerful combination," said Michael Brofft, Vice President at Fort Point Capital.Christina Pai, Partner at Fort Point Capital commented "Both companies' shared commitment to the higher education space as well as providing best in class service to their customers made this transaction a natural fit. We are excited to work with Brent and his team to expand our service offerings and customer base."CriticalPoint Partners advised Strata Information Group. About Strata Information Group Strata Information Group is a best-in-class provider of IT services to higher education institutions. The Company offers a range of services including software implementation, cloud migration, digital transformation, database administration and ongoing support services. To learn more, visit www.sigcorp.com. About Fort Point Capital Based in Boston, Massachusetts, Fort Point Capital is a private equity firm that invests in lower middle market, business services companies in partnership with strong management teams. Fort Point Capital is currently investing from FPC Small Cap Fund II. To learn more, please visit www.fortpointcapital.com.SOURCE Fort Point Capital

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months