David Kennedy and Kevin Frick founded Serent Capital with the goal of building an institution that would be recognized as the premier source of capital and expertise for high growth services businesses.
Mr. Kennedy most recently was the President of ServiceSource, where he remains as Chairman, and where he and his partner led the company through a 20X increase in revenue and enterprise value.
Mr. Kennedy also sits on the boards of several high growth companies, where he has been a personal investor.
"Having led a successful services company, I have experienced both the thrills and the challenges of driving growth.
Helping CEOs navigate those same challenges has been rewarding for me as a personal investor and board member, and I am looking forward to partnering with Serent's portfolio company CEOs to help build great businesses," said Mr. Kennedy.
were spotlighted in the monthly feature, "Five Questions With . . ." in Buyouts Magazine
discussed fundraising, Serent's
focus on services businesses and the deal environment.
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Kevin Frick spoke to Dow Jones LBO Newswire to discuss the types of companies Serent
is targeting and provide additional background on David