Sullivan brings many years of management, M&A, and SaaS expertise to the corporate
RALEIGH, N.C. – January 23, 2023 – insightsoftware, a worldwide supplier of reporting, analytics, and efficiency administration options, right now introduced the appointment of Michael Sullivan as Chief Govt Officer (CEO).
Sullivan joins insightsoftware from Acquia, a digital expertise software-as-a-service (SaaS) firm, the place he was President and CEO for 5 years. Regarded for his entrepreneurial spirit and deep understanding of product growth, Sullivan is a longtime chief in scaling SaaS corporations, notably accelerating Acquia’s progress by way of product innovation and quite a few strategic acquisitions. Early in his profession, Sullivan based and led Steelpoint Applied sciences, which grew to become a pacesetter within the eDiscovery area. He was Founder and CEO by way of its acquisition by Zantaz, which then was acquired by HP Autonomy. Sullivan went on to carry a number of senior management roles at Hewlett Packard Enterprise earlier than supporting the merger of Micro Focus and Hewlett Packard Enterprise’s software program enterprise.
Sullivan holds many awards and accolades for his achievements. In October 2022, he was named among the many high 50 SaaS CEOs of 2022. In December 2018, he was named among the many Greatest CEOs by Comparably. Earlier in his profession – in 2000 and 2004 – he was acknowledged by Ernst & Younger as an Entrepreneur of the 12 months finalist.
“As companies face a worldwide recession, know-how options that assist leaders safeguard in opposition to danger and make extra knowledgeable choices have develop into more and more essential. With its suite of software program options confirmed to empower groups and drive higher enterprise outcomes, insightsoftware has constructed an unbelievable popularity and develop into a trusted accomplice to clients,” mentioned Sullivan. “It’s a actual honor to be requested to steer insightsoftware. The corporate has skilled large success and is rising at report tempo. I’m excited to construct on its robust basis to drive new ranges of progress and innovation. I look ahead to working alongside its world-class group.”
insightsoftware has grown quickly because it was fashioned in 2018 underneath the steerage of TA and ST6, finishing 24 acquisitions up to now and increasing to greater than 32,000 enterprise clients worldwide. In 2021, the enterprise welcomed Hg as an investor alongside TA and minority shareholders ST6 and Genstar to additional innovate and develop its software program merchandise.
“As we glance to insightsoftware’s subsequent part of progress, we imagine Mike’s numerous management expertise, entrepreneurial spirit and concentrate on delivering a superior shopper expertise make him the best option to spearhead the enterprise,” mentioned Hythem El-Nazer, Managing Director at TA. “We look ahead to partnering with Mike to drive continued natural and acquisitive progress, and to carry new merchandise and performance to clients,” added Nic Humphries, Senior Accomplice and Govt Chairman of Hg.
Sullivan succeeds Jim Triandiflou, who has been CEO since 2020. Below Triandiflou’s management, insightsoftware meaningfully elevated income, efficiently accomplished 12 acquisitions to increase its software program choices and expanded its international worker base. Sullivan and Triandiflou have labored carefully on the management transition.
“On behalf of the insightsoftware board of administrators, we need to acknowledge and thank Jim for his contributions and management as CEO,” mentioned Mark Friedman, Govt Chairman of insightsoftware and Managing Director of ST6. “Jim performed an integral position in insightsoftware’s journey and has helped set the course for continued progress. We’re excited to construct on this momentum with Mike and additional set up the corporate’s trade management.”
About insightsoftware
insightsoftware is a number one supplier of reporting, analytics, and efficiency administration options. Over 32,000 organizations worldwide depend on us to help enterprise wants within the areas of accounting, finance, operations, provide chain, tax, budgeting, planning, HR, and disclosure administration. We allow the Workplace of the CFO to hook up with and make sense of their information in actual time to allow them to proactively drive better monetary intelligence throughout their group. Our greatest-in-class options present clients with elevated productiveness, visibility, accuracy, and compliance. Study extra at insightsoftware.com.
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