Private Equity Firm GTCR Acquires Innovative Systems, Appoints Scott Alcott as CEO

GTCR has acquired Innovative Systems, a leading enterprise software platform for regional broadband providers, and appointed technology executive Scott Alcott as the new CEO. The investment aims to expand Innovative Systems' product suite and enhance its technology and growth. GTCR, founded in 1980, focuses on investing in companies in various sectors, including Business & Consumer Services, Financial Services & Technology, Healthcare, and Technology, Media & Telecommunications.