Alsbridge announces the appointment of Chip Wagner, CEO, and Dieter Thompson, President, to the Board of Directors. Alsbridge, the leading benchmarking, sourcing and transformation advisory firm, announced today that Chip Wagner, CEO, and Dieter Thompson, President, have been appointed to the Board of Directors joining Howard Ross, David Reuter, and Sasank Aleti from LLR Partners. Wagner and Thompson joined Alsbridge in 2008 and 2009, respectively, and have contributed greatly to the firm’s rapid growth over the intervening years. Prior to becoming CEO and President in June 2013, Wagner and Thompson ran Alsbridge’s two largest business units: the outsourcing advisory and network services advisory practices. “We are delighted to have been able to continue the rapid growth of the Company since being appointed CEO and President. The last 12 months have seen record growth in new clients, services to existing clients and employee head count.” said Wagner and Thompson.

About Alsbridge Inc.

Alsbridge is a management consulting firm that helps companies cut costs and enable their business by optimizing the way they work with their vendors. With over 200 consultants on four continents, Alsbridge has been a trusted advisor to over 40% of the Fortune 500 and currently advise over 200 clients a year on over $11b in spend. This gives the firm tremendous market insight and deep benchmarking databases that their experienced consultants use to help clients engage the optimal vendors for their situation, negotiate best practice terms at fair market prices, and improve the way they govern vendor relationships. Alsbridge clients utilize the most cost effective and value added sources globally for IT infrastructure services, network carrier services, hardware and software, application support and development, business processes and cloud services. For more information visit www.alsbridge.com.

About LLR Partners

LLR Partners invests in middle market growth companies with proven business models in a broad range of industries, including business services, consumer and education, financial services, healthcare services and software and IT services. With more than $2 billion under management, LLR provides capital for growth, recapitalizations and buyouts. For more information about LLR, visit www.llrpartners.com.

Press Contact for Alsbridge:

Scott Tims

Office: 214-378-7970 ext. 278

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Press Contact for LLR:

Kristy DelMuto

215.344.1372

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