Ropes & Gray Advised Gauge Capital in Ecosystems Strategic Growth Investment

In The News
January 20, 2026

Ropes & Gray represented Gauge Capital in its partnership with the founders and management team of Ecosystems to provide growth capital and recapitalize the company. The transaction was announced on Jan. 20 in a press release.

Founded in 2010, Ecosystems pioneered the Customer Value Management (CVM) category and now supports the go-to-market success of world-class B2B leaders, including HP, ServiceNow, Atlassian, and Appian.

Gauge Capital is a middle-market private equity firm based in Southlake, Texas. Gauge invests in five key sectors: business services, food & consumer, government & industrial services, health care, and technology. The firm manages more than $3 billion in capital.

The Ropes& Gray team was led by private equity partner Matt Richards and counsel Raxit Shah, tax partner Aaron Harsh and counsel Michael Mendel, IP transactions partner Erica Han, executive compensation & benefits partner Matt Jones, employment partner Richard Kidd and data, privacy & cybersecurity partner Fran Faircloth.