ASG Technologies explained

ASG Technologies Group, Inc., doing business as ASG Technologies, is a provider of enterprise information management and IT System Management Solutions Software.^[1]

History, acquisitions and funding

ASG Technologies was founded in 1986 by Arthur L. Allen as Allen Systems Group.

In 2015, Allen Systems Group turned into ASG Technologies Group under a consortium of new owners led by KKR & Co. L.P. and Evergreen Coast Capital, with Charles Sansbury as CEO.

In 2016, the company had an estimated 3,000 customers across 60 countries^[2] and 41 offices worldwide.^[3]

On March 7, 2018, ASG acquired Mowbly,^[4] an innovative business process mobility platform company.^[5]

On April 12, 2021, Rocket announced it has signed a definitive agreement to acquire ASG Technologies,^[6]

Notes and References

1. Web site: Bloomberg. Jason. ASG Technologies: Enterprise Software Phoenix. 2020-07-01. Forbes. en.
2. Web site: "ALLEN SYSTEMS GROUP AND VIASOFT ANNOUNCE PRELIMINARY RESULTS OF CASH TENDER OFFER", June 5, 2000". https://web.archive.org/web/20120324201827/http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1%253FSectionID=1346126-11223-15703&SessionID=HY2THSCK0tCVB77. dead. 24 March 2012. 22 August 2011.
3. Web site: ALLEN SYSTEMS GROUP, INC, Form SC TO-T/A, Filing Date Jun 5, 2000. secdatabase.com. May 15, 2018.
4. Web site: Mowbly. 7 March 2018.
5. ASG Acquired Mowbly. 7 March 2018. 7 March 2018.
6. Web site: Rocket to acquire ASG. 12 April 2021.