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Advocate Networks (“Advocate” or the “Company”) is the Premier TBM Services Company providing technology business management (“TBM”) and technology expense management (“TEM”) services to enterprise organizations looking to optimize their technology strategy and infrastructure. Advocate’s services include TBM-as-a-Service, TEM-as-a-Service, and advisory services that assist their clients in expense and contract management, business/data analytics, IT cost reduction, and IT planning. Founded in 2001, the Company serves enterprise customers across the United States whose annual IT spend is between $50 million and $500 million across various market verticals. Advocate is headquartered in Atlanta, GA and has over 90 employees.

Investment Information

Initial Investment Date: 08/21/2020
Status: Exited to Accenture in June 2022
Headquarters: Atlanta, GA