EagleTree’s New Acquisition to help Achieve its Long-Term Growth Goals
Eagletree takes over The Channel Company to strengthen its strategic growth plans and expand its data and analytics capabilities.
Fremont, CA: "We are very excited to partner with EagleTree, an investor with deep experience in the B2B and business services sectors, and believe they have the resources we need to help drive our strategy forward," states Blaine Raddon, CEO of The Channel Company. "EagleTree's support will help The Channel Company accelerate the build out of our integrated solutions and bolster our ability to support the growing strategic needs of the global IT ecosystem." EagleTree Capital secures The Channel Company from Stone-Goff Partners, a renowned lower middle market private equity firm, on behalf of its private equity fund EagleTree Partners V. The Channel Company is a top provider of business services for the IT sector.
With Blaine Raddon as CEO and Rob Wiseltier (one of the Company's founding partners) as CFO, the Channel Company's management team will stay unchanged. The Channel Company's founding partners Bob Faletra, Dan Dignam, and Lisa MacKenzie will continue to serve as consultants.
Michael Struble, Senior Partner at EagleTree, said, “The Channel Company has built its reputation by helping to drive superior results for the largest technology companies in the world. We look forward to supporting the Company’s strategic growth plans to deepen its customer relationships and expand its capabilities with data and analytics.”
“The Channel Company’s singular focus on all things information technology puts it on the forefront of a major technology investment cycle,” added Anup Bagaria, Co-Managing Partner at EagleTree. “We have been very impressed with Blaine and the rest of the management team and cannot wait to partner with them on this next phase of growth.”