Stax Provides Sell-side Support to Innovative Systems on its Acquisition by GTCR​

Stax Provides Sell-side Support to Innovative Systems on its Acquisition by GTCR​

August 28, 2025
August 28, 2025

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Stax congratulates Innovative Systems, a leading platform of mission-critical enterprise software serving regional broadband providers nationwide, and a portfolio company of Alpine Investors, on its acquisition by GTCR. We are proud to have provided sell-side support to Innovative Systems, collaborating with their management team and investment bank, Lincoln International, throughout this successful transaction.

Founded in 1998, Innovative Systems is a leading provider of mission-critical enterprise software for regional broadband providers nationwide. The Company offers a fully integrated suite of operating and billing software systems (OSS/BSS), along with payments and bill processing solutions. Its platform enables a seamless, end-to-end operational and billing experience that reduces the cost and complexity of managing multiple point solutions. Innovative Systems serves broadband service providers, utilities, cooperatives, and municipalities across the U.S., delivering comprehensive solutions backed by 24/7, high-quality customer support.

Contact the Stax team to learn more:

Innovative Systems logo
Innovative Systems logo
GTCR logo
GTCR logo
Innovative Systems logo
GTCR logo
Athul Ravunniarath

Managing Director

Managing Director

David Lindsay

Associate Director

Associate Director

Alice Dillon

Alice Dillon

Manager

About Stax

Stax is a global management consulting firm serving corporate and private equity clients across a broad range of industries including software/technology, industrials, business and information services, healthcare and HCIT, consumer, and tradeshows and events. 

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