Symphony Technology Group Promotes Pair

Symphony Technology Group has promoted J.T. Treadwell to managing director and Marc Bala to principal.

PRESS RELEASE

Symphony Technology Group (STG), a private equity firm with a strategic focus on software and services, today announced that J.T. Treadwell has been promoted from Principal to Managing Director and that Marc Bala has been promoted from Vice President to Principal. Both executives continue their work developing new investment opportunities, and helping STG companies grow through investment in innovation and disciplined transformation.

“The growth of Symphony Technology Group’s investment team is crucial to expanding our deal activity in a choppy and uncertain market, and to rewarding high-performing talent,” said STG Chairman and CEO Romesh Wadhwani. “I am pleased that J.T. and Marc exemplify our focus on investing in and building quality companies with an emphasis on both growth and cost transformation, and I am confident that in their new positions that they will contribute even more to our firmwide commitment to building truly great companies within our portfolio.”

About J.T. Treadwell

Since joining STG in 2003, J.T. has helped lead and manage STG’s investments in Teleca, MSC Software, Symphony Marketing Solutions, Information Resources Inc. (IRI), Intentia AB (Lawson) and GERS Retail Systems. As Managing Director, J.T. will continue to develop new investment opportunities in software, information services, and technology enabled business services. He will also work closely with existing STG companies to create customer and shareholder value through business transformation, acquisitions, and innovation. He will build strong and collaborative partnerships with company management in the service of creating great results for clients and shareholders.

“Through the years of working with the team at Symphony, I have come to understand and appreciate the dedication and focus required to be a valuable partner for our companies. We add value through collaboration and selective hands on engagement, and we help our management teams build world-class companies,” said J.T. Treadwell, Managing Director, Symphony Technology Group. “I’m honored to have the opportunity within the firm to make an increased impact of our future, and to be a strong partner for the executives and management teams across STG. I look forward to a very profitable future for us all.”

J.T. joined Symphony from Qiva, a global logistics software company where he was Director of Marketing, and Director of Strategic Planning. Prior to Qiva, J.T. was the associate for the west coast enterprise software and services practice at Bessemer Venture Partners, helping create investments in companies like Worldchain, Nistevo, and Trigo (Acquired by IBM), where he served on the Board of Directors. Prior to Bessemer, J.T. was a consultant at The Boston Consulting Group where he helped drive numerous strategic marketing and business development projects for clients in technology, consumer goods, and finance. He holds dual Bachelor of Arts degrees in Ethics, Politics, & Economics and History from Yale University.

About Marc Bala

Marc joined STG as an Associate in 2006, was promoted to Vice President in 2009, and has now been promoted to Principal. As Principal, Marc is responsible for sourcing and executing investments for STG. In addition, Marc will continue in his roles as an observer on the Board of Directors of Capco and as a Board Member at Netik. Prior to joining STG, Marc was the Director of Corporate Development at Capco, a leading global provider of consulting, technology and processing services for the financial services industry.

Prior to Capco, Marc was a Senior Associate at The Platinum Group, a boutique investment bank where he advised and invested in enterprise software and technology services companies. Marc started his career in the corporate finance practice at Farrell Grant Sparks, an Ireland-based accounting and consulting firm focused on the technology industry. Marc received his Bachelors from Boston College and his Masters from University College Dublin.

About Symphony Technology Group

Symphony Technology Group (STG) is a strategic private equity firm with the mission of investing in and building great software and services companies. In addition to capital, STG provides transformative expertise to enable its companies to deliver maximum value to their clients to drive growth through innovation, to retain and attract the best talent and to achieve best in class business performance. STG’s current portfolio consists of eight global companies.