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Tech catapults outsider to top of PE league table

Tech catapults outsider to top of PE league table
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Tracy Bahl Joins Welsh, Carson, Anderson & Stowe As An Operating Partner in the Firm s Healthcare Group

Tracy Bahl Joins Welsh, Carson, Anderson & Stowe As An Operating Partner in the Firm s Healthcare Group
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Revel Systems Secures Growth Investment

Revel Systems Secures Growth Investment Share Article Investment Underscores Confidence in Revel’s Flexible, Cloud-Based Solution, Now Mission-Critical for Business Survival in an Increasingly Digital Environment ATLANTA (PRWEB) January 20, 2021 Revel Systems, a leading cloud-based point of sale (POS) and complete business management platform, today announced a significant investment led by majority owner Welsh, Carson, Anderson & Stowe (WCAS), as well as other parties. “Despite the unprecedented adversity facing restaurants and retailers caused by the global pandemic, Revel performed exceptionally well in 2020. Revel added many national brands as clients, introduced several new solutions that helped merchants thrive in an increasingly digital and contactless environment, while also ending the year cash flow positive,” said Eric J. Lee, WCAS General Partner. “As the industry increasingly looks to adopt

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George Mashini Joins Welsh, Carson, Anderson & Stowe as An Operating Partner in the Firm s Technology Group

George Mashini Joins Welsh, Carson, Anderson & Stowe as An Operating Partner in the Firm s Technology Group News provided by Share this article Share this article NEW YORK, Jan. 15, 2021 /PRNewswire/ Welsh, Carson, Anderson & Stowe (WCAS), a leading private equity firm focused exclusively on the technology and healthcare industries, announced today that George Mashini has joined the firm as an Operating Partner. Mr. Mashini has over 15 years of technology leadership experience. Most recently, he was Chief Revenue Officer and Chief Technology Officer at Quick Base, a WCAS portfolio company offering a leading low-code development platform. As Chief Revenue Officer at Quick Base, he led a complete transformation of the company s go to market program including rebuilding the sales team, which resulted in a significant increase in bookings and more than doubling in the number of enterprise accounts. While serving as Chief Technology Officer, he revamped Quick Base s cloud platform,

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Alert Logic Appoints John Post as Chief Executive Officer

Alert Logic Appoints John Post as Chief Executive Officer Cybersecurity Leader to Accelerate Company s Managed Detection and Response Market Growth News provided by Share this article Share this article HOUSTON, Jan. 13, 2021 /PRNewswire/ Alert Logic today announced that John Post has been named Chief Executive Officer. Post s role as Alert Logic CFO will be assumed by current Vice President of Finance, Jon Sachs. Former CEO Bob Lyons is departing to pursue new opportunities. Prior to joining Alert Logic as CFO in 2020, Post held the role of CFO and subsequently General Manager of Webroot and most recently COO of Carbonite, following Carbonite s acquisition of Webroot in 2019. In those capacities, he was an integral part of growing Webroot s business to $240M+ in revenue, enhancing its financial profile and leading the organization through two acquisition-related integrations.

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