ASG Technologies Group, Inc. (dba ASG Technologies), is a global provider of technology solutions, including Workspaces, Content Solutions and enterprise software. Founded by Arthur L. Allen in 1986 as Allen Systems Group, ASG's headquarters is located in Naples, Florida. The company also maintains offices worldwide. 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. Clients have included Coca-Cola, General Electric, and Procter & Gamble.
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.
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Acquisitions
In December, 2011, ASG acquired Atempo, Inc., a global provider of data management software products designed for preservation and protection of corporate digital assets.
On March 7th, 2018 ASG acquired Mowbly,an innovative business process mobility platform company.
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References
Source of the article : Wikipedia
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