News

Conshohocken, PA – May 13, 2008 – Alliance Consulting, a premier global Business Intelligence and Application Outsourcing provider, announced the completion of the company’s acquisition by Saints Capital. Saints is a leading direct secondary acquirer of venture capital and private equity investments in emerging growth companies around the globe.

“This marks an exciting new beginning for Alliance. We are delighted to join the Saints portfolio as it offers us a great opportunity to leverage their capabilities and support and expand the value we provide to our clients and associates,” said Alliance President and CEO, Tony Ibargüen.

“Saints is looking forward to working with the Alliance team to capture the upside we believe exists for all Alliance stakeholders,” said Brian DiLaura, Saints Capital vice president, and member of Alliance Consulting’s Board of Directors.

About Alliance Consulting

Alliance Consulting fills the gap between technology and our clients’ needs for business improvement. Our services cover the full spectrum, ranging from business strategy to design, implementation and support. Our information management and mission-critical software solutions help customers better understand and operate their businesses to improve customer relationships, create efficiencies, optimize supply chains, maintain compliance and align technology with business initiatives.

About Saints Capital

Saints Capital (www.saintsvc.com ) is a leading secondary direct acquirer of venture capital and private equity positions in emerging growth companies around the globe. Headquartered in San Francisco, with investment professionals in Europe and in Asia, Saints currently manages nine funds invested in over 100 private companies in the technology, healthcare, consumer and industrial sectors. The firm is co-invested with over 100 different investors including many top tier venture capital and private equity funds.