Spectrum Equity

Spreedly Welcomes Experienced Payments Leader Peter Dougherty as President

Retrieved on: 
Tuesday, March 5, 2024
Marketing, Growth, Spectrum Equity, GM, GTM, Brings, EVP, Sales

DURHAM, N.C., March 5, 2024 /PRNewswire/ -- Spreedly, the provider of the leading Payments Orchestration platform, is proud to welcome Peter Dougherty as president. Peter will oversee all aspects of go-to-market including marketing, sales, partnerships, customer success and support.

Key Points: 
  • Dougherty Brings Expertise in Building Highly Effective, Go-to-Market Teams
    DURHAM, N.C., March 5, 2024 /PRNewswire/ -- Spreedly, the provider of the leading Payments Orchestration platform, is proud to welcome Peter Dougherty as president.
  • "As the industry is in the early stages of adopting Payments Orchestration, Peter is uniquely positioned to lead us in the next phase of our GTM initiatives," said Justin Benson, CEO of Spreedly.
  • Dougherty joins Spreedly from Lightspeed Commerce, a platform powering omnichannel experiences for 168,000 independent merchants around the world.
  • "Peter has the right experience to build on Spreedly's leadership position in Payments Orchestration," commented Adam Margolin, managing director at Spectrum Equity and Spreedly board member.

GrowthCap Announces The Top 40 Under 40 Growth Investors of 2023

Retrieved on: 
Wednesday, January 10, 2024
Insight Partners, Summit Partners, PSG, Bain Capital, Revolution LLC, Charlesbank Capital Partners, JMI, Silversmith Capital Partners, TCV, Sageview Capital, TA Associates, Spectrum Equity, Advent International, Berkshire Partners, Spectrum, Alpine, Thoma Bravo, Vista Equity Partners

NEW YORK, Jan. 10, 2024 /PRNewswire-PRWeb/ -- GrowthCap is pleased to announce The Top 40 Under 40 Growth Investors of 2023. In our tenth year conducting this awards process, we continue to be amazed at the talent and acumen representing the growth investing space.

Key Points: 
  • GrowthCap is pleased to announce The Top 40 Under 40 Growth Investors of 2023.
  • NEW YORK, Jan. 10, 2024 /PRNewswire-PRWeb/ -- GrowthCap is pleased to announce The Top 40 Under 40 Growth Investors of 2023.
  • In our tenth year conducting this awards process, we continue to be amazed at the talent and acumen representing the growth investing space.
  • Please join us in recognizing and celebrating the achievements of The Top 40 Under 40 Growth Investors of 2023.

CINC Systems Secures Meaningful Strategic Investment From Hg to Accelerate Its Growth as a Premier Software Provider to the Community Association Management Industry

Retrieved on: 
Thursday, December 14, 2023
Software, Technology, Professional Services, Finance, LLP, Spectrum, CINC, Ecosystem, Artificial intelligence, Spectrum Equity, Latham & Watkins, Partnership, Software as a service, Growth, AI, Knowledge, Cryptocurrency, Online shopping, Hg, HOA

CINC Systems (“CINC”), a leading cloud-based software company serving the community association management sector, today announced it has secured a strategic growth investment from Hg, a leading investor in European and North American software and services businesses.

Key Points: 
  • CINC Systems (“CINC”), a leading cloud-based software company serving the community association management sector, today announced it has secured a strategic growth investment from Hg, a leading investor in European and North American software and services businesses.
  • CINC is a leading provider of accounting, homeowner management, bank integrations and payments software for the association management industry, comprised of homeowner association (“HOA”) and condominium associations.
  • Bill Blanton, CINC Systems Founder and Chairman, said: “I’m proud that our achievements have attracted the attention of two globally renowned SaaS-specialist investors.
  • Harris Williams is serving as exclusive financial advisor to Hg and Kirkland & Ellis LLP is serving as its legal advisor.

Established Executive and Milwaukee Business Leader Jim Emling Joins VBA as Executive Chair of the Board of Directors

Retrieved on: 
Tuesday, November 28, 2023
Technology, Insurance, Payments, Finance, Health Technology, Professional Services, Software, Internet, Health, Data Management, EML Sidecars, TPA, Spectrum Equity, VBA, GoodRx, Zywave

Jim Emling, the CEO of Datassential and former long-time president of Milwaukee-based Zywave, has been appointed Executive Chair of the Board of Directors at VBA, the company announced today.

Key Points: 
  • Jim Emling, the CEO of Datassential and former long-time president of Milwaukee-based Zywave, has been appointed Executive Chair of the Board of Directors at VBA, the company announced today.
  • “We are delighted to welcome Jim officially to VBA as the Executive Chair,” said Michael Clayton, the company’s President and CEO.
  • He was the founding CTO of Zywave and served as its president for 17 years.
  • During his tenure, he led the company from $0 to $100 million in revenue and employed hundreds of people.

SEVA Raises $85 Million Inaugural Growth Equity Fund to Invest in Founder-Led Technology Businesses

Retrieved on: 
Monday, November 20, 2023
Partner (business rank), Fund, NoRedInk, Investment, Strategic planning, Exit planning, Spectrum Equity, Software, Partnership, Internet, Growth, Network, Empathy, Environment, Cryptocurrency, Management

Founded by experienced technology investor Shalin Mehta, SEVA Fund I is targeting fast-growing, profitable, founder-led, technology-enabled companies

Key Points: 
  • Founded by experienced technology investor Shalin Mehta, SEVA Fund I is targeting fast-growing, profitable, founder-led, technology-enabled companies
    NEW YORK, Nov. 20, 2023 /PRNewswire/ -- SEVA, a newly-launched growth equity firm serving customer-centric founders and companies based in New York, today announced the close of its $85 million oversubscribed, debut fund ("SEVA Fund I" or the "Fund"), reaching its hard cap and exceeding its original target of $50 million.
  • SEVA will seek to build a focused portfolio between eight and ten investments in fast-growing, profitable, founder-led, technology companies.
  • SEVA has also cultivated an extensive network of bootstrapped founders and operational leaders that have built world-class customer-centric companies through profitable growth.
  • SEVA's Network is a community of world-class founders and growth stage technology executives across key functions with experience solving today's high-growth initiatives.

GrowthCap Announces GrowthCap's Top Software Investors of 2023

Retrieved on: 
Thursday, October 26, 2023
Newton, Francisco Partners, Silversmith Capital Partners, Summit Partners, PSG, Bain Capital Ventures, Vista Equity Partners, JMI, Software, Growth, TA Associates, Sageview Capital, Battery Ventures, Spectrum Equity, Chicago Growth Partners, TCV, Insight Partners, Spectrum, Cryptocurrency, Asset management, Norwest

NEW YORK, Oct. 26, 2023 /PRNewswire-PRWeb/ -- GrowthCap is pleased to announce The Top Software Investors of 2023. In our fifth year running this awards process, the candidate pool was more robust than we have ever seen. Many of this year's candidates received a remarkable number of substantive nominations from CEOs and other colleagues who had worked extensively with the candidate. When software became the sector of choice in growth investing many years ago, investors came flooding in, but through the test of time only the most skilled have remained on top and have even widened their competitive advantages as each year unfolded.

Key Points: 
  • GrowthCap is pleased to announce The Top Software Investors of 2023.
  • NEW YORK, Oct. 26, 2023 /PRNewswire-PRWeb/ -- GrowthCap is pleased to announce The Top Software Investors of 2023.
  • The more important takeaway is that this group of investors, taken as a whole, represents the top tier in software investing.
  • Please join us in recognizing and celebrating the achievements of The Top Software Investors of 2023.

Definitive Healthcare Welcomes Scott Stephenson to Board of Directors

Retrieved on: 
Friday, September 8, 2023
Boston Consulting Group, Data set, VRSK, Software as a service, IPO, Stephenson, Verisk Analytics, University, Atlas, PEG, Intelligence, Scott, Gas, Spectrum Equity, Harvard Business School, PSE, NYSE, Management

FRAMINGHAM, Mass., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Definitive Healthcare Corp. (Nasdaq: DH ), an industry leader in healthcare commercial intelligence, today announced two changes to its Board of Directors.

Key Points: 
  • FRAMINGHAM, Mass., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Definitive Healthcare Corp. (Nasdaq: DH ), an industry leader in healthcare commercial intelligence, today announced two changes to its Board of Directors.
  • On September 6, 2023, Scott Stephenson, the former Chief Executive Officer of Verisk Analytics, joined the Board of Directors and the nominating and corporate governance committee of the Board, while Chris Mitchell, managing director of Spectrum Equity, stepped down from the Board of Directors.
  • “We are thrilled to welcome Scott Stephenson to the Definitive Healthcare Board of Directors,” said Jason Krantz, Executive Chairman of the Board and founder of Definitive Healthcare.
  • “I’m excited to join the Definitive Healthcare Board of Directors,” said Stephenson.

OceanSound Partners Adds Seven New Professionals to its Growing Team

Retrieved on: 
Thursday, September 14, 2023
Professional Services, Technology, Other Technology, Finance, Consulting, Banking, Accounting, Trinity College, Interactivity, English literature, University, Nomura, SoundView Technology Group, Jefferies, Silicon Valley Bank, University of Connecticut School of Law, Dartmouth College, Vanderbilt University, Thoma, Associate, Government, Martin Defense Group, Middlebury College, Silicon, M&A, Houlihan Lokey, Business administration, SunTrust Banks, Aerospace, Lincoln International, Sun Capital Partners, Spectrum Equity, Organization, Literature, Growth, Commerce, Financial services, Management, Cryptocurrency, Economics

The firm currently manages more than $1.8bn in RAUM, has seven companies in its portfolio and has completed acquisitions of 29 companies since inception.

Key Points: 
  • The firm currently manages more than $1.8bn in RAUM, has seven companies in its portfolio and has completed acquisitions of 29 companies since inception.
  • He started his career as an Investment Banking Analyst at M&A advisory firm North Point Advisors and holds a dual A.B.
  • Caroline Weakland, Senior Associate, joins OceanSound from Sun Capital Partners, where she worked in the firm’s Technology Group.
  • “We are very excited that this talented group of professionals is joining OceanSound at a time of great growth for our firm,” said Joe Benavides, Managing Partner of OceanSound Partners.

Digital Learning Institute Secures €1.8 Million in Funding and Appoints New CEO to Drive Global Expansion

Retrieved on: 
Wednesday, July 19, 2023
Workforce, Learning, UCD, Diageo, Manchester Metropolitan University, Student, BDO, DLI, Spectrum Equity, Growth, Digital, NHS, Management, Enterprise Ireland

As part of the funding round, DLI brings on board Aaron McKenna as the new CEO to spearhead growth.

Key Points: 
  • As part of the funding round, DLI brings on board Aaron McKenna as the new CEO to spearhead growth.
  • The investment follows significant growth for the company in the past two years, capturing the accelerated global transition to digital learning.
  • DLI has a vision to become the global leader in digital learning standards, with a particular focus on the US and UK markets, championing the importance of digital learning in addressing global challenges such as accessibility, inclusivity, and sustainability.
  • Under the leadership of new CEO Aaron McKenna, we are confident that DLI can go from strength to strength and expand its global footprint."

RapidRatings Appoints John D'Aleo as Chief Executive Officer and James Gellert as Executive Chair

Retrieved on: 
Wednesday, July 19, 2023
Partnership, Marketing, ION, Risk management, RapidRatings, Openlink, Spectrum Equity, Growth, WESCO International, Spectrum, Management, Dealogic

NEW YORK, July 19, 2023 /PRNewswire-PRWeb/ -- Today, RapidRatings, the leading provider of financial health data and analytics, announced the appointment of John D'Aleo as its new Chief Executive Officer (CEO) effective immediately. He succeeds James Gellert, who assumes the role of Executive Chair and Chairman of the Board of Directors.

Key Points: 
  • RapidRatings, the leading provider of financial health data and analytics, announced the appointment of John D'Aleo as its new Chief Executive Officer (CEO) effective immediately.
  • He succeeds James Gellert, who assumes the role of Executive Chair and Chairman of the Board of Directors.
  • NEW YORK, July 19, 2023 /PRNewswire-PRWeb/ -- Today, RapidRatings, the leading provider of financial health data and analytics, announced the appointment of John D'Aleo as its new Chief Executive Officer (CEO) effective immediately.
  • He succeeds James Gellert, who assumes the role of Executive Chair and Chairman of the Board of Directors.