October 2, 2018
ASH Ventures acquires Atlanta Based firm Tin Roof Software.
“Founded in 2014 and headquartered in Atlanta, Georgia, Tin Roof Software is a leading digital engineering and consulting firm specializing in high-end enterprise software development and architecture solutions.
ASH Ventures, led by Andy Heyman, is an investment firm focused on making investments in private, technology-enabled businesses. ASH focuses on the long-term value of businesses without a predetermined exit strategy.
Houlihan Lokey served as the exclusive financial advisor and assisted in structuring and negotiating the transaction on behalf of Tin Roof Software.”
“Tin Roof Software, a leading digital engineering and consulting firm specializing in software development and architecture solutions, has raised capital from new investors to support the company’s growth given the high demand for its services. Atlanta-based ASH Ventures, an investment firm owned by Andy Heyman, led a group of investors and lenders alongside management to invest an undisclosed sum in one of the country’s fastest growing, independent technology consulting firms.
The ASH Ventures investment philosophy focuses on the long-term value of businesses without a predetermined exit strategy in mind. “Our intention for this investment is to build the best digital engineering and consulting firm in the country while continuing to help our clients with their own digital transformation,” said Andy Heyman. “We see the gap between client needs and highly qualified engineers to fill those needs. We want to continue to fill the gap by having an incredible work environment for our teams and deliver amazing results for our clients.” “