Tailwind Capital Acquires Market Leading Managed Mobility Services Provider Stratix Corporation

NORCROSS, Ga.–(BUSINESS WIRE)–Stratix Corporation today announced that Tailwind Capital, a
middle-market private equity firm investing in growth-oriented
companies, is acquiring the company. Headquartered in Norcross, Georgia,
Stratix is a leading provider of outsourced Managed Mobile Service (MMS)
solutions for many of the largest global brands within the retail,
manufacturing, transportation and field service industries.

Founded in 1983, Stratix has evolved from a preeminent data capture
consulting services company for the supply chain to one of the largest
national MMS providers, with the most comprehensive mobile service
portfolio in its space. The company leverages deep industry expertise,
expansive service offerings and mobile specialization to provide
consulting, deployment, software, 24×7 support and asset management
services for the enterprise mobile workforce. itrac360, the company’s
real-time asset visibility portal is recognized by customers as a
differentiator in the industry enabling end-to-end visibility into a
customer’s mobile devices and solutions.

Tailwind Capital Operating Executive Geoffrey Baird, who will join the
Board of Directors as Stratix Chairman, commented, “Stratix is well
positioned as a leader in the explosive MMS sector. We’ve been
tremendously impressed with the partnerships Stratix has established
with major global brands in the mobile sector as well as its impressive
long standing customer relationships. The company’s commitment to
exceeding client expectations and creating trusted advisor status is
remarkable.”

Adam Stulberger, a Partner at Tailwind Capital said, “Stratix has an
impressive track record for consistently delivering business critical
services in a very dynamic mobile marketplace. We believe this rapidly
changing and expanding MMS industry offers substantial growth
opportunities for the company through both organic initiatives and
add-on acquisitions. We look forward to working closely with Stratix and
their veteran management team to drive future growth.”

“Our proven track record in the MMS space uniquely qualifies Stratix to
continue expanding our footprint and leveraging our experience in both
the rapidly growing mid-market sector as well as the new market
opportunities around the Internet of Things,” said Gina Gallo, Chief
Executive Officer for Stratix. “More and more companies are leveraging
mobile technology to transform their business, but are unable to scale
their internal support to operationalize their mobile investments. With
support from Tailwind, we have the resources to dramatically scale our
presence as a leading MMS provider in these new markets, while ensuring
we continue to deliver on our core mission of excellent service and
helping clients realize the full value of their mobile investments.”

About Stratix Corporation

Stratix is the trusted advisor for many industry leading global
enterprises, offering the most comprehensive managed services portfolio
to operationalize and help deliver full value for their clients’ mobile
investments. With over 30 years of experience, Stratix has the proven
mobile expertise and service execution to help companies transform any
mobile challenge into a competitive edge. Through a proven outsourcing
model, Stratix offers enterprise clients the most flexibility in
solution acquisition, project deployment, technical support and full
life cycle asset management programs. For more information about Stratix
Corporation, visit www.stratixcorp.com

About Tailwind Capital Partners

Tailwind Capital is a leading private equity firm focused on
growth-oriented investments in the middle market in the healthcare,
business services and industrial services sectors in North America.
Tailwind partners with experienced management teams and entrepreneurs to
transform businesses through organic growth initiatives, acquisitions
and operational and strategic improvements. Since its founding in 2003,
Tailwind and its portfolio companies have completed more than 65
acquisitions. The firm currently manages over $2 billion of committed
equity capital. For more information about Tailwind Capital Partners,
visit www.tailwind.com

Contacts

Stratix Corporation
Heather Ferrer Standrod, 678-992-2990
[email protected]