Bluewave Announces Growth Investment Led by Columbia Capital

Bluewave Technology Group, an innovative, high-growth technology advisory and lifecycle management company, announced today an initial capital raise of $75 million led by Columbia Capital.

Bluewave has accelerated its growth with five acquisitions over the past five months and is now one of the largest technology advisory businesses in the United States, serving more than 1,000 customers. Bluewave will leverage this strategic investment to support its rapid growth strategy, fostering organic and inorganic growth as it continues to ramp its team, invest in systems and expand its service offering.

Columbia Capital is a sector-focused investment firm with investments in enterprise IT, digital infrastructure and mobility for more than 30 years. This investment will accelerate Bluewave’s pursuit to create the industry leader in technology lifecycle management and accelerate its inorganic growth plans.

“As remote working environments, AI, and enterprise security requirements drive changes in IT and communications solutions, Bluewave has swiftly become a market leader in the technology advisory services market sector,” said Evan DeCorte, partner at Columbia Capital.

Bluewave was purpose-built to help clients optimize their technology infrastructure, providing an efficient path to manage the lifecycle from purchasing through technology expense management with four key services practices:

  • Technology evaluation
  • Strategic sourcing
  • Expense management
  • Operations support

Bluewave’s expertise encompasses legacy, existing, and emerging technology platforms.

“Most technology brokerages and agencies are only capable of delivering a limited number of the services clients need to truly operate and grow their businesses,” said Wayne Dietrich, COO of Bluewave. “We bring together experts from across technology and vertical disciplines and forge partnerships with proven cloud, network, security, and collaboration service providers to provide the best solutions for the entire technology lifecycle.”

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