Sparta Systems Acquired by PE Firm New Mountain Capital
Sparta Systems (Hamilton), which was owned by private equity investment firm Thoma Bravo (Chicago and San Francisco), has been acquired by New Mountain Capital (New York), another private equity investor. The financial details were not disclosed. Basically, this represents an infusion of cash for Sparta.
June AITP Meeting Puts IT and Tech Careers in Focus
Panelists at the fourth annual career event of the Association of Information Technology Professionals’ Garden State Chapter were asked to consider what job hunting and career paths look like in an age when companies are not loyal to their employees and change is constantly disrupting jobs.
Behind the Glass, Public SPACE Coworking Opens in Newark to Nurture Tech Community
Commuters hurrying to catch a train in Newark often use a concourse through the office building 2 Gateway Center that passes by Public SPACE, the newest offshoot of =SPACE, a coworking facility with a tech focus.
At the NJ Tech Meetup, Hirsch Tells Entrepreneurs “The Odds are Against You” When Looking for Series A Funding
At the June NJ Tech Meetup Brian Hirsch cofounder and managing partner at Tribeca Venture Partners, was interviewed by Ari Ginsberg, one of the NJ Tech organizers, who substituted as host for the vacationing Aaron Price. Hirsch shared information about his background, Tribecca Venture Partners and gave the entrepreneurs in the audience advice.
Startups Shine at Newark Venture Partners Demo Day “Main Event” — Part Two
Newark Venture Partner Labs held its Demo Day for its second cohort on June 27. In this article, we cover the startups that presented in the second half of that day. The article on the startups that presented earlier in the day can be found here. The important thing to remember is that these startups accelerated their companies in Newark, and it is the hope of the founders of Newark Venture Partners that the companies will stay in the city, grow, create jobs, and bring business visitors to Newark.