Ridgemont Equity Partners selects SunGard Investran

Source: SunGard

Ridgemont Equity Partners (Ridgemont) has chosen SunGard's Investran to help it automate and manage its private equity investment accounting, reporting and partnership structures for investors.

Ridgemont is a Charlotte, North Carolina-based private equity firm specializing in buyout and growth capital.

Ridgemont selected SunGard's Investran to help it centralize its portfolio and partnership transaction processing. Investran provides a secure environment which can help Ridgemont better streamline its investor relations workflow, improve management and analysis of its portfolio data.

Ed Balogh, chief operating officer at Ridgemont, said, "We chose SunGard's Investran based on its ease of use, robust processing power and proven implementation methodology. The sales team's depth of expertise and experience were also compelling factors in our decision. The strength of Investran's reporting and management of the entire investment lifecycle will help us increase control in accessing necessary investment and investor data. The benefit of the solution's configurability means we will be up and running in a matter of months, which will help improve our business process efficiency. Investran's scalability helps ensure that it can support our business growth."

Lauren Iaslovits, chief operating officer of SunGard's Investran business unit, said, "Ridgemont was seeking automated solutions to help provide transparent reporting to its new investor base. SunGard's Investran will help Ridgemont adapt and innovate its business for future growth through improved management of the entire investment lifecycle." 

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