Contegix, the St. Louis-based application management services provider, grew considerably under new parent company Strattam Capital in 2017, both in terms of top line sales and geographic footprint.
Strattam, a technology-focused private equity firm out of Austin, Texas, acquired a majority stake in Contegix in November 2016. Over the subsequent 12 months, it leveraged several acquisitions — most recently buying Virginia-based cloud services provider BlackMesh Inc. in June 2017 for an undisclosed amount — to grow Contegix's revenue from just more than $20 million to over $60 million.
Those deals also added offices in Kansas City, Washington, D.C., and Reading, Pennsylvania, for Contegix, which now has about 275 employees (50 in St. Louis).