Bellevue, WA, December 10, 2021: UMT360 is proud to announce the acquisition of FIOS Insight, a leading Enterprise Architecture (EA) software and consulting firm that helps companies simplify their Business Architecture, Portfolio Rationalization and Enterprise Architecture processes. UMT360 expects to combine the technology and expertise of FIOS Insight with its existing Strategic Portfolio Management (SPM) Solution used by large corporations around the world.
“We are excited about joining the UMT360 team and the synergies it will afford our combined customer base,” said Vernon Smith, Founder and CEO of FIOS Insight. “We look forward to combining our solutions to help customers better align corporate strategies to project execution through Business and Enterprise Architecture.”
Founded in 2017 with headquarters in Houston, TX, FIOS Insight connects its rich and visual enterprise relationship model through its flagship product, Insight-EA, with UMT360’s leading Strategic Portfolio Management solution. The combined solution enables organizations to identify, model and align all portfolios (business capabilities, processes, products, initiatives, projects and epics) with strategy. The FIOS Insight team members are proven experts in Business and Enterprise Architecture services and products. Integrating FIOS Insight’s team and technology will further strengthen UMT360’s best practice framework and Strategic Portfolio Management product to provide a comprehensive solution designed to drive Business Agility.
“With FIOS Insight’s technology and portfolio framework, we will extend the UMT360 Strategic Portfolio Management suite to offer an end-to-end enterprise portfolio solution,” said Catalin Olteanu, CEO of UMT360. “The UMT360 founders, Ben Chamberlain, Mike Gruia and I, are excited that through the acquisition we will be able to expand on our vision and more quickly deliver on bringing Business, Enterprise and Strategic Portfolio Management capabilities to all levels of an organization.”
UMT360 is a TELEO Capital portfolio company.
About UMT360: Founded in 2013, UMT360 is a worldwide leader in Strategic Portfolio Management software, services and solutions. Its cloud-based software suite supports strategy-to-execution processes for digital transformation. Solutions span strategic portfolio analysis, enterprise portfolio management, and multi-modal project execution support (waterfall, Agile, etc.), among others. For additional information, please visit www.umt360.com.
About TELEO Capital: TELEO Capital is a lower middle market private equity firm that looks to invest in opportunities where its strategic thought, operational resources and capital base empower management to perform and execute their business plan. TELEO brings a successful track record of executing corporate carve-outs, recapitalizing broken balance sheets, acquiring founder-owned companies, and implementing buy and build strategies for its portfolio companies. TELEO targets opportunities in the technology & software, healthcare IT, business services and industrial sectors. The firm is headquartered in Boise, ID with an additional office in Los Angeles, CA. For additional information, please visit www.teleocapital.com.