Monday, November 1, 2010

BIG Capital partners with IT Capital


Commerce, GA November 1, 2010 – B.I.G. Capital partnered with IT Capital and announced today that it has completed the acquisition of Resource One, Incorporated, a leading provider of performance management and incentive compensation software to the financial services industry.
"We are pleased to partner with ROI and play a role in guiding the company into its next phase of growth," said Gaylord Bodet, a Partner of BIG. "Through its Motivator product line, ROI offers premier business intelligence solutions for complex performance measurement and compensation needs which continue to grow in importance for many corporations today. We expect the market for performance measurement and compensation solutions to continue to grow, and we believe that ROI is well positioned to capitalize on this growth.”
Paul Bodet, Partner of BIG has assumed the role of ROI President. “We seek out companies like ROI that are poised to break out from the competition through superior customer service and technology solutions,” said Paul Bodet. “We believe ROI is well positioned in the Business Intelligence and Performance Measurement/Incentive Compensation industry to address market opportunities and meet the needs of its strong customer base.”
“IT Capital seeks to support partnerships like BIG because of the depth of experience and management expertise that BIG brings to the table,” said Aivars Lode Managing Director of IT Capital.
The company will retain the Resource One name and will be headquartered in Dallas, Texas.
About Resource One, Incorporated
Resource One, Incorporated is a software development and consulting firm specializing in fully automated performance measurement and incentive compensation systems. The company has been providing software and consulting services to its customers since 1983. For more information see www.themotivator.com.
About B.I.G. Capital
B.I.G. Capital is a private investment company focused on investments in the software industry. BIG’s investment strategy is to purchase equity interests in companies and apply additional capital for growth opportunities and consolidation acquisitions. Leveraging this experience, BIG is focused on additional acquisitions within the software industry. For more information see www.bigcapllc.com.
About IT Capital IT Capital is a Naples FL based merchant bank focused exclusively on partnership-oriented investments in middle-market companies. IT Capital works with existing management teams as well as experienced executives to sponsor minority and majority recapitalizations, growth, and consolidation transactions specifically in the software and technology sectors. More information is available at www.itcap.net.