Article

ESW Capital Acquires RoseASP, Adds New Leadership

by Linda Rosencrance
Contributing Writer, MSDW

Microsoft Dynamics partner RoseASP, a provider of cloud and hosting for Dynamics AX, GP, NAV. SL, and CRM, has been acquired by private equity firm ESW Capital LLC.

Michael Bone

Michael Bone, who has more than 20 years of corporate leadership experience in the IT and software industries, has joined RoseASP as its new chief revenue officer.

RoseASP joins other cloud providers - and competitors - that have been picked up by private equity companies, including Concerto, WatServ, and OneNeck IT Solutions. In addition, WennSoft was snagged by private equity firm LLR Partners and ClickDimensions has received a round of growth equity investment from Accel-KKR.

Linda RoseRoseASP CEO Linda Rose is retiring from the day-to-day operations of the company and moving into a management advisory position. Bone is taking over Rose's role in sales and marketing, with new duties to be announced.

RoseASP customers can expect "business as usual" as the RoseASP team expands and transitions to new leadership, according to company officials.

"I'm excited to be leading RoseASP's growth and look forward to strengthening and expanding our services in a way that ensures long-term stability and success for our customers," Bone stated. "What excites me ...

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About Linda Rosencrance

Linda Rosencrance is a freelance writer/editor in the Boston area. Rosencrance has over 25 years experience as an reporter/investigative reporter, writing for many newspapers in the metropolitan Boston area. Rosencrance has been writing about information technology for the past 16 years.

She has covered a variety of IT subjects, including Microsoft Dynamics, mobile security issues such as data loss prevention, network management, secure mobile app development, privacy, cloud computing, BI, big data, analytics, HR, CRM, ERP, and enterprise IT.

Rosencrance is the author of six true crime books for Kensington Publishing Corp.

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