SAN FRANCISCO and NEWPORT BEACH, Calif., Jan. 11, 2017 /PRNewswire/ -- Carrick Capital
Partners, an investment firm focused on technology-enabled
businesses including SaaS, Software, BPO and Transaction
Processing, today announced that Paul
Zolfaghari, formerly President of MicroStrategy, will be
joining the firm as an Operating Executive.
"Paul's experience in enterprise software and services will give
our portfolio companies a tremendous advantage," said Marc McMorris, co-founder and managing director
of Carrick Capital Partners. "Developing superior
go-to-market and operational strategies is critical to the success
of any business. Paul has already rolled up his sleeves and
gotten involved with many of our companies to help them think
critically and fine-tune this component of their operations,"
McMorris explained. "Our team is very excited to have Paul on
board and we are confident the depth of his knowledge and expertise
will be transformational for many of our portfolio companies,"
added Carrick Capital Partners Co-Founder and Managing Director
Jim Madden.
As Operating Executive at Carrick, Paul leverages his extensive
domain and operational experience in the enterprise software
industry to help Carrick's portfolio companies maximize their
respective market opportunities. Working with the executives, Paul
applies Carrick's Approach to Building Value (ABV) as he guides and
supports them through developing key strategic plans, implementing
processes and programs to deliver on their goals, and adjusting
operations as necessary for maximum value creation.
Most recently, Paul was President of MicroStrategy (NASDAQ:
MSTR), where he also held a series of senior positions earlier in
his career, including as Executive Vice President of Worldwide
Sales & Operations, accountable for all lines of the company's
nearly $500 million in revenue.
During his career, he also served as Chief Operating Officer of
ParAccel, an analytic database company located in Silicon Valley;
and was an attorney in Washington,
DC with the law firm of Howrey & Simon, and the
Intellectual Property Section of the U.S. Department of
Justice.
"I've been impressed with Carrick's commitment to their
portfolio companies. I was looking for an opportunity with an
investing group where I could make a significant, tangible impact,"
said Paul Zolfaghari. "The
companies at Carrick are at a critical stage where my experience
creating and executing go-to-market and operational strategies will
make a real difference in their ability to scale and succeed," said
Zolfaghari. He added, "I've been where they are and I'm eager
to help them through the evolution and challenges they will
face."
About Carrick Capital Partners
Headquartered in
San Francisco and Newport
Beach, Carrick Capital Partners is a growth-oriented
investment firm that utilizes ABV (Approach to Building Value) to
operationally scale fast-growing, technology-enabled businesses.
Carrick adds value by taking a concentrated approach and dedicating
significant resources post-investment. Leveraging decades of
experience, Carrick helps scale great companies that deliver
excellent returns for investors, stimulating economic growth and
positively impacting the industry landscape. Working directly with
CEOs and entrepreneurs, Carrick fulfills a vital need for
investment capital and growth expertise.
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SOURCE Carrick Capital Partners