Teakwood Capital has hired Kevin Klausmeyer as a new Executive Partner. In his new role, Mr. Klausmeyer will provide strategic and tactical counsel to Teakwood portfolio company management teams in addition to expanding the firm’s presence into the Houston market.
Mr. Klausmeyer has experience in the software and technology industries at both public and private companies. His 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. Mr. Klausmeyer graduated from the University of Texas with a BBA in Accounting and currently resides in Houston.
Teakwood Capital invests equity capital primarily in technology enabled business-to-business companies with revenues of less than $25 million and EBITDAs from $500,000 to $3 million. The firm focuses on management buyouts as well as control growth equity investments. Teakwood Capital was founded in 2005 and is based in Dallas (www.teakwoodcapital.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 6-21-13