ABS Capital Partners Adds to Team and Portfolio

Growth equity firm announces new Venture Partner and new investment in leading cyber security solutions provider

ABS Capital Partners, a leading late-stage growth company investor, announced that Bion Ludwig has joined the Firm as Venture Partner. Bion is both an entrepreneur and growth company investor, with extensive experience founding, operating, growing and selling successful technology and tech-enabled services businesses. The Firm also announced the addition of GuidePoint Security, a cyber security solutions leader enabling organizations to make smarter decisions and minimize risk, to its tech-enabled services portfolio.

Bion was previously a co-founder and partner of Savano Capital Partners. At Savano, Bion sourced, structured, supported and ultimately exited multiple investments including Silver Peak (sold to HPE), Fastly, Simplus (Sold to Infosys), AddThis (Sold to Oracle), and Upwork. He also led operations and supported fundraising efforts. Prior to Savano, Bion was a Principal and the first non-founding employee at SmithDefleux Capital Partners and, earlier in his career, he founded and co-founded several successful start-up businesses.

“I was drawn to ABS Capital by the caliber of the team and the 30-year history the Firm has in helping growth companies reach their full potential,” said Ludwig. “I look forward to using my experience, network, and entrepreneurial vision to help current ABS Capital portfolio companies continue their rapid growth, as well as to identify and invest in new opportunities for the Firm.”

John Stobo, Managing General Partner, shared, “Bion has hands-on experience across many of the critical roles necessary to help companies achieve long-term growth and scalability. He will add significant value to our current portfolio, as well as help the Firm identify new investment opportunities.”

GuidePoint Security is the latest addition to the Firm’s current portfolio. Founded in 2011, GuidePoint enables some of the nation’s top organizations, including 40 of the Fortune 100 and more than half of the U.S. government cabinet-level agencies, to identify threats, optimize resources and integrate best-fit solutions that mitigate cyber risk.

“After cultivating a relationship with the principals of GuidePoint for a number of years, I am excited we were able to make an investment in such a fast-growing and market-leading company,” said Michael Avon, General Partner at ABS Capital, who heads the Firm’s business and tech-enabled services group and led the GuidePoint investment. “GuidePoint is indicative of the opportunities we are seeing in the market and I am thrilled to have Bion, whom I have known for many years, join our team to help us capitalize on these opportunities.”

About ABS Capital Partners

For 30 years, ABS Capital has been investing in later-stage growth companies, helping CEOs capitalize on new opportunities and navigate unforeseen obstacles – while never losing sight of the ultimate goal of achieving lasting excellence. Our partners have decades of experience as C-level executives, investment bankers, and investors in the industries in which we invest: business and tech-enabled services and health care. This combination of experience and expertise means we have a laser-focus on the specific needs growth companies face as they look to get to the next level. By helping to transform over 130 companies through their most crucial stage of development, ABS continues to help unleash the potential for lasting growth. ABS Capital Partners. Here, we grow. For more information, visit www.abscapital.com.

About GuidePoint Security

GuidePoint Security provides trusted cyber security expertise, solutions and services that help organizations make better decisions that minimize risk. Our experts act as your trusted advisor to understand your business and challenges, helping you through an evaluation of your cyber security posture and ecosystem to expose risks, optimize resources and implement best-fit solutions. GuidePoint’s unmatched expertise has enabled a third of Fortune 500 companies and more than half of the U.S. government cabinet-level agencies to improve their security posture and reduce risk. Learn more at www.guidepointsecurity.com.

Kim Kile
General Partner
ABS Capital Partners

Source: ABS Capital Partners


Categories: Venture Funding

Tags: cyber security, growth equity, growth investment, venture partner

About ABS Capital Partners

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Growth Equity Investment Firm

ABS Capital Partners
400 E. Pratt Street (Suite 910)
Baltimore, MD 21202
United States