Transforming Network and Application Performance Monitoring: Accedian’s Journey with Bridge Growth Partners
Gracie Gottlieb | 21 June, 2023
Bridge Growth Partners, LLC recently announced the sale of Accedian, a leading provider of network and application performance monitoring solutions, to Cisco. While the financial terms of the transaction were not disclosed, Accedian’s journey with Bridge Growth since its acquisition in 2017 has been transformative. Today, Accedian is a global leader in network and application performance monitoring, offering granular end-to-end visibility within multi-layer, multi-cloud, and multi-vendor networks. In this article, we’ll explore how Accedian achieved its current success with Bridge Growth’s support, while highlighting key milestones of its business transformation. We’ll also take a look at Accedian’s future and the role it will play with Cisco. Accedian’s Journey with Bridge Growth Partners Since its acquisition by Bridge Growth Partners in 2017, Accedian has achieved significant business transformation, led by CEO Dion Joannou. One of the critical factors contributing to this transformation is Accedian’s Saas-first platform, which is comprised of the world’s most granular and accurate network and application-aware measurement systems. The platform meets the specialized needs of telecom businesses, in which Accedian primarily serves. To accelerate Accedian’s global growth, Bridge Growth supported its acquisition of Performance Vision, a Paris-based company, and helped build a world-class leadership team. The leadership team included key hires in marketing, operations, and sales. Notably, Accedian also entered the cybersecurity category through investment in R&D and product expansion. The company’s open and scalable platform enables cloud-native analytics, empowering customers to launch new assured services based on 5G, SD-WAN, and edge technologies. Accedian’s success can be attributed to Bridge Growth’s deep industry knowledge and operational expertise. Bridge Growth’s support in the highly relevant Board and critical relationships facilitated the firm as Accedian expanded its platform and capabilities to meet customers’ evolving challenges. Accedian’s Future with Cisco Accedian's CEO, Dion Joannou, foresees Accedian bringing significant strategic value to global customers as part of Cisco. Accedian will join Cisco's service provider operations unit and is expected to play a vital role in Cisco's 5G offering. The acquisition of Accedian will help Cisco enhance its network and application performance monitoring solutions and expand its capabilities. This acquisition strengthens Cisco's comprehensive Secure SD-WAN and network portfolio, driving digital innovation. Conclusion Accedian’s transformative journey with Bridge Growth Partners has made the company one of the global leaders in network and application performance monitoring. With its acquisition by Cisco, Accedian is poised to continue its growth story with more opportunities for expansion and innovation. At Bridge Growth Partners, the firm is committed to relationship-based investing to support growth, operational excellence, and world-class governance to create value for investors. For more information about Bridge Growth Partners, please visit https://www.bridgegrowthpartners.com/.
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