CHESTERFIELD, Mo. and
LENEXA, Kan., Nov. 6, 2020 /PRNewswire/ -- Swizznet, part
of Bluff Point Associates private equity portfolio of top
information technology companies, has announced that it has
acquired RightSize Solutions, one of the leading providers of IT
management and cloud solutions for independent registered
investment advisers (RIAs).
Based in Lenexa, Kan.,
RightSize Solutions has been helping financial advisors use
technology to gain a competitive advantage and do better business
since 2002.
As the very first provider of outsourced technology management
and cloud-based cybersecurity solutions to RIAs, RightSize's
expertise lies in understanding the ins and outs of advisor
technology and cybersecurity, building secure environments for
advisors for 20 years. The company was named the #1 cloud hosting
service provider to financial advisors in T3's Software Survey.
Like Swizznet, RightSize Solutions sets itself apart by
understanding and providing advisors what they need. Their
consultative, hands-on approach results in an intimate level of
24/7/365 service, and a passion for their clients' success.
With this transaction, Swizznet has expanded its cybersecurity,
compliance enforcement and managed technology services portfolio
for the financial services industry.
"By far, RightSize has the most secure ITaaS solution set in the
Financial Services sector, with 18 years of experience delivering
SEC-compliant cloud services to hundreds of firms across the US,"
said Bob Hollander, President and
CEO of Swizznet. "Swizznet leads in delivering fully-supported
hosted accounting applications and the acquisition of RightSize
further positions us for the growing security, compliance and
remote-worker needs our accounting and business clients
have".
"We're thrilled to be moving forward with Swizznet and look
forward to collaborating on an expanded range of services that
result from this acquisition," said Wes
Stillman, founder and CEO of RightSize. "Swizznet's
impressive hosting skills and Obsessive Client Support® model,
coupled with our depth of IT management and cybersecurity expertise
for RIAs, will only mean better technology solutions for an even
broader spectrum of advisors across the financial services and
accounting sectors."
"We have been watching RightSize grow rapidly over the years and
become the leader in delivering ITaaS and cybersecurity solutions
in the wealth management space," said Kevin
Fahey, Managing Director of Bluff Point Associates. "We are
pleased to have RightSize join the Swizznet team to continue our
vision of delivering world class cloud-based IT services to the
Financial Services sector."
About RightSize Solutions:
Founded in 2002 and based
in Lenexa, Kan., RightSize
Solutions helps RIAs gain a competitive advantage and do better
business. The company was the very first provider of outsourced
technology management and cloud-based cybersecurity solutions to
RIAs, and remains committed to helping independent advisors achieve
business excellence in the safest environment. More information on
RightSize Solutions is available by calling 1-913-396-4600 or
visiting https://www.rightsize-solutions.com.
About Swizznet:
Swizznet, a Sage-Authorized
Partner, an Intuit-Authorized Commercial Hosting provider and a
Microsoft Cloud Solution Provider, offers hosting solutions that
empower accountants and businesses to free themselves from in-house
infrastructure and IT headaches so that they can connect and
collaborate from any computer or device. Swizznet offers an
on-demand Marketplace and uses the latest cloud computing
technology and tools to provide a superior user experience by
delivering the fastest, most secure and reliable cloud access to
Sage and QuickBooks desktop applications. They backup their
solution with 100% US-based, 24/7/365 Obsessive Support® and
service, for the ultimate cloud accounting solution. For more
information, please call 1-888-794-9948 or
visit https://www.swizznet.com.
About Bluff Point Associates:
Bluff Point Associates
is a private equity firm based in Westport, Connecticut. Bluff Point actively invests
in the financial services sector as well as information
services companies supporting the accounting, banking, trust,
securities, retirement and wealth management sectors of the
financial services industry. Bluff Point's team collectively has
decades of experience in recognizing a company's growth potential
and working with its management to reach that potential. For more
information regarding Bluff Point, visit www.bluffpt.com.
Contact: Rodney Leadingham,
RLeadingham@swizznet.com, 1.888.794.9948 ext.409
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SOURCE Swizznet