CHICAGO – Edgewater Growth Capital Partners has announced the recent realization of its investment in FishNet Security, which is a leading information technology security solutions provider. Through its investment in Jan. 2005, Edgewater partnered with the FishNet management to accelerate organic growth opportunities and assist the company with targeted acquisitions.

Since that time, the company expanded its footprint from seven offices in the Midwest to a nationwide network of 25 offices. During the partnership, FishNet added depth to its management team, completed and integrated two strategic acquisitions and increased its revenue at a compound annual growth rate of 68 percent while more than tripling EBITDA.

FishNet is another example of Edgewater’s investment strategy. Through three years of organic growth and strategic acquisitions, the company successfully extended its leadership position within the enterprise network security market and allowed Edgewater and the other owners to realize a significant return.

The Edgewater Funds is a Chicago-based private equity firm with more than $1 billion under management.

Through Edgewater Growth Capital Partners II, the firm partners with management to help accelerate business growth. Edgewater focuses on funding high-quality, middle-market companies where it can add substantial value through capital, experience and its broad network. Edgewater leverages the experiences of its partners who have distinguished themselves as successful CEOs and business leaders.