Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced the sale of its holdings in Iron Data, LLC (Iron Data). Terms of the deal were not disclosed. Separately, Arlington Capital Partners, a Washington, DC-based private equity firm, announced its own major investment in Iron Data.
Bill Willhite, Managing Partner of TSCP said, “Iron Data is a thriving company that proved to be a very successful investment for us. We’re pleased to have had the opportunity to support management in realizing significant growth, both organically and via complementary acquisitions. We believe Iron Data is well-positioned for continued success with its new partners.”
Atlanta-based Iron Data offers a comprehensive suite of solutions, called Intelligent Process Management, that assess, improve, manage and monitor challenging operational process issues for clients in the public sector and transportation/logistics. Iron Data has more than 400 employees across 11 offices around the U.S. and the world, including Amsterdam, Toronto and Shenzhen, China.
In 2007, TSCP partnered with management to merge Iron Data with St. Louis-based I. Levy & Associates, a provider of case management software to federal and state agencies across the country for disability claims processing. More recently, Iron Data acquired Versa Systems and CAVU Corporation, further bolstering its technological capabilities and breadth of services. Today, Iron Data’s comprehensive suite of technology-enabled solutions generates significant resource efficiencies for government agencies and private companies throughout North America.
More information about Iron Data can be found at www.irondata.com.
