ASG Software Solutions

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ASG Technologies Group, Inc. (dba ASG Technologies), is a global provider of technology solutions, including Workspaces, Content Solutions and enterprise software. Founded in 1986 as Allen Systems Group,[1] ASG’s headquarters is located in Naples, Florida. The company also maintains offices worldwide.[2] In 2016, seventy percent of Fortune 500 companies ran on ASG technologies, while the company reported $240 [million?] in annual revenue.

ASG's Workspaces solution competes with large providers in Europe and Asia. The ASG Content Solution, Mobius, has been the repository or record for some of North America's largest financial institutions.

ASG’s mainframe and distributed software solutions are used by enterprises in financial and brokerage services, insurance, healthcare, education, government, telecommunications, technology, manufacturing, and retail.[3] Clients have included Coca-Cola, General Electric, and Procter & Gamble.[4]

In December, 2011, ASG acquired Atempo, Inc., a global provider of data management software products designed for preservation and protection of corporate digital assets.

In December, 2012, due to post-merger integration issues and softness in ASG’s core markets, the company refinanced its existing senior secured credit facility with a $250M senior secured loan facility from TPG Opportunities Partners.[5]

References[edit]

  1. ^ "Funding Universe". Retrieved 22 August 2011. 
  2. ^ "ALLEN SYSTEMS GROUP AND VIASOFT ANNOUNCE PRELIMINARY RESULTS OF CASH TENDER OFFER", June 5, 2000". Retrieved 22 August 2011. 
  3. ^ "PrivCo.com". Retrieved 22 August 2011. 
  4. ^ "Hoover's". Retrieved 22 August 2011. 
  5. ^ "Huron Consulting Group "ASG Deal"". Retrieved 4 May 2015.