Irvine's Trace3 sold to American Securities

Irvine's Trace3 sold to American Securities


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Trace3, one of Orange County’s largest privately held technology companies, has named industry veteran Joe Quaglia as its new president. 

He will work alongside regional sales teams to expand sales and solution capabilities to support Trace3 clients and partners. 

“Joe has been in the industry for 34 years and brings tremendous experience that will assist Trace3 in continuing to grow and expand its role in the industry,” Chief Executive Rich Fennessy said. 

H.I.G. Capital of Miami said last year it was selling Trace3 to American Securities LLC of New York.