NEW YORK –Three leading private equity and technology executives today announced the establishment of Bridge Growth Partners, LLC, a new growth-oriented private equity investment firm. Bridge Growth will leverage the deep investment experience, strategic insight, and operational expertise of its principals to focus on investments in technology and financial services as well as technology-enabled opportunities in other sectors.
The firm’s founding principals are Sander Levy, Alok Singh, and Kevin Parker. Sander Levy was a founding partner and managing director of Vestar Capital Partners, a private equity firm that manages over $8 billion of equity capital. Alok Singh was a managing director at New Mountain Capital, a private investment firm with more than $9 billion of assets under management. Kevin Parker is a technology executive who most recently served as chief executive officer of Deltek, a global enterprise software and information solutions provider sold in 2012 for $1.1 billion, and was previously co-president and chief financial officer of PeopleSoft, an enterprise applications software company acquired by Oracle in 2004.