PE-backed Trace3 merges with Data Strategy

Trace3 and Data Strategy, both of which are backed by H.I.G. Capital, have merged. No financial terms were disclosed. The newly combined company will provide cloud, data intelligence, security, devops and enterprise IT solutions.


MIAMI–(BUSINESS WIRE)–H.I.G. Capital (“H.I.G.”), a leading global private equity and alternative asset firm with over $25 billion of equity capital under management, is pleased to announce that its portfolio company, Trace3, has combined with Data Strategy, LLC (“DSI”) to create a nationwide provider of Cloud, Data Intelligence, Security, DevOps and Enterprise IT solutions with a strong emerging technology focus. Both companies had been actively seeking a partner to complement their existing capabilities and geographic footprints in ways that further propel the unprecedented growth they have already seen in their respective markets. After the two management teams determined this was the best strategic fit, H.I.G. made the combination possible via an investment by an affiliate into DSI.

Both Trace3 and DSI provide business-driven outcomes through adaptive solutions and emerging technologies. This combination will allow the organizations to immediately deliver an expanded capability set to their clients. Trace3 clients can now access the depth of DSI’s mobility, collaboration, integration, inventory and managed services capabilities, including the multiple 24x7x365 redundant Network Operations Centers and in-house tier 1-3 support services. DSI clients can now access Trace3’s security, data intelligence and cloud capabilities, including Trace3’s DevOps.

The combination also unites unparalleled engineering strength across both businesses, allowing the combined company to emerge as a leader in systematically bringing emerging technologies to market. These emerging technologies, backed by expertise in core data center infrastructure, enable both DSI and Trace3 to solve challenging business problems in today’s complicated and fast-paced IT environment.

Keith Harrold, Chief Executive Officer of Century Technology Group, the parent company of DSI, and a shareholder in the ongoing group of companies stated: “I’m excited for the future and believe we have great things ahead for our team. Supporting our people and our company’s culture were key considerations when making this decision, and we have found a partner who is like minded with complementary expertise and footprint.”

Tyler Beecher, Trace3’s Chief Executive Officer, stated: “We believe all possibilities in business live in data and technology, and are committed to bringing together the best of established and emerging technology to solve our clients’ problems. We looked at a wide variety of potential partners before deciding that DSI was the best fit to propel our growth. We are confident the addition of DSI’s engineering talent, as well as their impressive mobility, collaboration, integration, inventory and managed services capabilities, will further enhance the creative solutions we deliver each day to our clients. We look forward to working with Dana and the talented DSI team to unleash the full potential of our combined expertise and capability set.”

Dana Jacks, President of DSI, stated: “Our intent to solve problems for – and deliver exceptional value to – our clients is at the heart of everything we do, and this strategic combination is no exception. Combining with Trace3 will give our clients access to a broader portfolio of security, data intelligence and cloud capabilities, including Trace3’s DevOps. At the same time, our clients will continue to benefit from the deep engineering expertise that has long been a hallmark of both companies. We see tremendous opportunity in this partnership and look forward to collaborating with our new Trace3 colleagues to bring the technologies of tomorrow to our clients today.”

About Trace3
As the Transformative IT Authority, Trace3 is the premier technology solutions provider for medium- and large-sized enterprise clients. Through elite engineering and dynamic innovation, Trace3 empowers executives and their organizations to keep pace within the IT/corporate landscape through the transformative power of technology. Founded in 2002, Trace3 has kept pace with the needs of IT leaders by providing them access to emerging technology from Silicon Valley and building end-to-end Cloud, Data Intelligence, Security, DevOps and Data Center solutions. Headquartered in Irvine, California, Trace3 has additional offices in the Bay Area, Los Angeles, San Diego, Boise, Salt Lake City, Denver, Phoenix and New Jersey. For more information, please refer to Trace3’s website at
About Data Strategy
Data Strategy is a technology solutions provider that specializes in integrating data center solutions in the mid-market and enterprise business segments. Data Strategy helps organizations leverage technology to meet business goals with an unbiased approach to technology and workload placement. Along the way, Data Strategy addresses the foundational aspects of IT, including Cloud, Data, Mobility and Security to ensure a customer’s business is more secure, more flexible and more productive. Data Strategy is known for its top-notch engineering talent and maintains partnerships with leading information technology manufacturers across the globe. The company is headquartered in Grand Rapids, Mich. and maintains offices in Atlanta, Cincinnati, Columbus, Detroit, Indianapolis, Louisville, and Lexington. Learn more at

About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with over $25 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Mexico City, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:

1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.

2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.

3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at