Warren Equity Backed SSP Innovations Completes Third Add-On Acquisition

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DENVER–(BUSINESS WIRE)–SSP Innovations, LLC (“SSP” or the “Company”), a provider of IT services
and software to electric, gas, and water utilities, is pleased to
announce the acquisition of TC Technology (“TC”). TC Technology, based
in Carlsbad, California, is an IT services and software company focused
on providing proprietary mobile software that delivers geospatial
information for field staff to utilities and municipalities. The
Company’s Mobile Information Management Systems (“MIMS”) software
enables utility staff to support service orders, work orders and system
inspection, as well as manage maintenance and compliance activities.

Jason Linley, President and owner of TC Technology, will join the SSP
team as Director of Mobile Product Management. Mr. Linley and the TC
management team will continue to spearhead the advancement of mobile
technology throughout the SSP business.

“SSP had an overarching goal to add a mobile offering to our GIS
business, and our longstanding relationship with TC Technology made them
the perfect fit,” said Skye Perry, CEO of SSP. “SSP will embrace the
existing MIMS product line while immediately focusing on integrating the
technology into our existing work and asset management practice, which
will provide our customers with an unparalleled solution for both the
back office and the mobile utility workforce.”

In conjunction with the adoption of GIS, organizations are becoming
increasingly dependent on their GIS-specific data and applications,
which combined with an industry shift to a more mobile utility
workforce, results in a need for integrated mobile applications for
field operations.

“We are excited to complete our third add-on acquisition to the SSP
platform in a little over a year of ownership,” said Scott Bruckmann,
Partner at Warren Equity Partners. “We believe adding TC’s mobile
software and product development capabilities will add tremendous value
to our customer base.”

About SSP Innovations, LLC

SSP, headquartered in Centennial, Colorado, is an IT services and
software development company focused on delivering GIS and workforce
management solutions to electric, gas, and water utilities as well as
oil & gas pipeline operators and telecommunication providers. More
information about SSP is available at http://sspinnovations.com/.

About Warren Equity Partners

Warren Equity Partners is a private equity firm that invests in small
and middle market operating companies primarily in North America. The
firm invests in established companies where additional capital and
operating resources can accelerate growth, targeting companies in the
industrial, infrastructure, and business services sectors. Warren Equity
invests in the form of buyouts, growth equity, and recapitalizations.
For more information, please visit www.warrenequity.com.

Contacts

SSP Innovations, LLC
Keith Freeman, 305-773-6430

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