Texas-based private equity firm Teakwood Capital has appointed Kevin Klausmeyer as an executive partner.
Klausmeyer (pictured) has extensive software and technology industry experience at both public and private companies and understands the operational and financial issues faced by rapidly growing, global companies.
Klausmeyer has nurtured multiple software companies from start-ups to Fortune 1000 companies. In his new role, he will leverage his experience to provide actionable strategic and tactical counsel to Teakwood portfolio company management teams, in addition to expanding the firm’s presence into the Houston market.
Klausmeyer currently serves on several boards, including that of Sourcefire, a leading public security software company, CallidusCloud, a SaaS provider of salesforce and marketing automation solutions and PHD Virtual, a private equity backed, back-up and recovery software company focused on virtual and cloud environments. He also serves on the advisory board for Neebula, a venture backed, Tel Aviv-based, enterprise SaaS solutions company. He previously served on the board of Quest Software, an enterprise software company, where he also served on the special committee of the Quest Software board which oversaw a process to maximise shareholder value. This process resulted in Dell’s acquisition of the company in September 2012 at a premium in excess of 40 per cent.
Kevin Klausmeyer’s background includes service as chief financial officer of several technology enterprises, including The Planet (merged with SoftLayer), RLX Technologies (acquired by Hewlett Packard) and PentaSafe Security Technologies (acquired by NetIQ). He also served as the principal financial officer, corporate controller and chief accounting officer for BMC Software, following 13 years of practice in public accounting. While in public accounting he focused primarily on assisting high growth technology companies.
