Bridge Growth Partners Appoints Cybersecurity Experts as Senior Advisors
Gracie Gottlieb | 1 November, 2023
Bridge Growth Partners, a leading technology investment firm, has recently announced the appointment of Eric Friedberg and Patrick Ostiguy as Senior Advisors. Both Friedberg and Ostiguy bring extensive experience in scaling technology and cybersecurity businesses, which will be invaluable in supporting Bridge Growth's portfolio companies.
Alok Singh, CEO of Bridge Growth Partners, expressed his excitement about the new additions to the team, emphasizing their vast experience in driving the growth of leading businesses domestically and internationally. Friedberg, who founded one of the world's foremost cybersecurity firms, has advised major corporations on cyber risk assessment and mitigation. Ostiguy, on the other hand, is known for spearheading the growth and transformation of Accedian, a prior portfolio company of Bridge Growth.
Singh stated, "We are thrilled to have them on our team as we continue to drive lasting value for our portfolio companies."
Mr. Friedberg shared his enthusiasm, stating that he is pleased to help identify new opportunities and support the firm's portfolio companies in today's complex business landscape. Having partnered with Bridge Growth during its ownership of Accedian, Mr. Ostiguy acknowledged the firm's commitment to helping companies reach their full potential.
Let's take a closer look at the backgrounds of these accomplished Senior Advisors:
Eric Friedberg:
With over 40 years of experience in cybersecurity, corporate governance, law, sales, IT, privacy, and compliance, Mr. Friedberg has advised and directed security responses for numerous high-profile companies and cyber incidents. He currently serves as the President and Founder of Next Tier Cybersecurity, where he helps boards and C-Suites advance their cyber maturity and security. Prior to this, he co-founded Stroz Friedberg (Stroz), a leading cybersecurity consultancy and technical services firm, which was eventually sold to Aon PLC. Before his career as a prosecutor, Mr. Friedberg worked as an intellectual property and securities litigator at Skadden.
Patrick Ostiguy:
Mr. Ostiguy is the Founder of Accedian, a renowned provider of network performance monitoring and assurance solutions and a prior portfolio company of Bridge Growth. Under Ostiguy's leadership, Accedian grew into an organization with hundreds of employees and revenues of $78 million per year. With more than 25 years in the telecom industry, he has also played key roles in other successful ventures such as Avantas and Positron Fiber Systems.
Bridge Growth Partners is a private equity firm focused on technology and technology-enabled services investments. The firm prides itself on its relationship-based investing approach, aiming to support growth, operational excellence, and world-class governance in its portfolio companies to create value for investors.
For more information about Bridge Growth Partners and its investment philosophy, please visit their website.
In conclusion, Bridge Growth Partners has strengthened its team with the appointment of Eric Friedberg and Patrick Ostiguy as Senior Advisors. With their extensive experience in cybersecurity and scaling technology businesses, Friedberg and Ostiguy will undoubtedly contribute to the success and growth of Bridge Growth's portfolio companies.
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