Stone-Goff Portfolio Company JSI Welcomes Michele Friedman as New Chief Operating Officer
Gracie Gottlieb | 10 August, 2023
Modern advancements in technology continue to shape and redefine the telecommunications industry. In light of this ongoing transformation, JSI, a leading national provider of regulatory, compliance, and management consulting services to fast-growing telecommunications providers, has announced the appointment of Michele Friedman as Chief Operating Officer. This strategic addition to the JSI team is expected to further propel the company's growth and success.
With a wealth of experience in technology and consulting services, Michele Friedman has a proven track record of leading teams and customers through periods of high-growth. Prior to joining JSI, she served as the COO of Tribalco, an IT and telecommunications systems integrator, where she successfully led sales, engineering technical services, and operations teams. Ms. Friedman has also held senior positions at Discovery Communications and Accenture, where she focused on developing IT solutions and launching new products and services for telecommunications clients.
The telecommunications industry is at a critical juncture, and the addition of Michele Friedman as COO is a strategic move to address the operational challenges faced by JSI's clients in today's markets. Tasos Tsolakis, Chief Executive Officer of JSI, expressed his excitement about the appointment, stating, "The telecommunications industry continues to undergo significant transformation, and Michele’s appointment as COO is an important milestone in our ongoing growth and success. Her experience in developing innovative solutions aligns well with the types of operational challenges our clients are facing in today’s markets."
Michele Friedman herself expressed her enthusiasm about joining JSI, saying, "I'm honored to be working with a trusted industry leader assisting rural community broadband providers to close our country's digital divide. Given JSI’s track record of success and the potential for continued value creation, this is an exciting time to be part of their next phase of growth."
Laurens Goff, co-founder and Managing Partner of Stone-Goff, the private equity firm backing JSI, also praised the appointment and highlighted the synergy between Friedman's experience and JSI's vision. Goff said, "JSI’s success is a testament to the steadfast client focus the Company was founded upon coupled with the vision Tasos has laid out for the future. Michele’s experience will be invaluable in building on the existing momentum of the company and its customers as the broadband industry continues to evolve. We’re excited to have her as part of the JSI team."
JSI is a full-service consulting firm that provides engineering, regulatory, and managed services technology products to rural broadband communications providers. The company boasts customer relationships with over 600 telecommunications operators across 46 states and several US territories. Headquartered in Greenbelt, MD, JSI has a widespread presence, with offices located in multiple states across the country.
Stone-Goff Partners, the private equity firm investing in JSI, specializes in lower middle-market technology-driven business-to-business service companies. They work hand-in-hand with company founders and executive leadership teams to provide capital, M&A origination and execution, and value-creation expertise to their portfolio companies. Stone-Goff's expertise and sector knowledge have proven instrumental in driving successful outcomes for all parties involved.
As the telecommunications industry continues to evolve and undergo transformation, JSI's appointment of Michele Friedman as COO positions the company for further growth and success. With her extensive experience and expertise, Friedman is poised to make a significant impact on JSI's operations and contribute to the company's ongoing commitment to delivering innovative solutions to its clients.
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