Unlocking Business Potential: Huron Capital Launches EAS Platform for Application and Business Process Services
Gracie Gottlieb | 6 September, 2023
In today's digital age, companies rely heavily on various software applications to support their business processes. However, these applications often become underutilized and misaligned with optimal workflows, leading to inefficiencies and missed opportunities. Recognizing this problem, leading middle-market private equity firm Huron Capital has launched its latest ExecFactor® initiative, the Enterprise Application Services (EAS) Platform. In partnership with industry veteran Gene Chao, the EAS Platform aims to drive positive business outcomes by offering IT application and business process services.
The increasing number of applications used by companies of all sizes has highlighted the need for better management and optimization. Many applications require upgrades, replacement, or consolidation to keep up with evolving business needs. Moreover, extracting data from these applications often requires manual intervention, hindering the seamless flow of information across the entire enterprise. The EAS Platform seeks to address these challenges by implementing, customizing, and managing software application solutions to unlock the full potential of data and enable businesses to leverage tools like Artificial Intelligence (AI).
Gene Chao, CEO of the EAS Platform, expressed excitement about working with the Huron team to offer a comprehensive range of services, including consulting, design, implementation, and managed services. Chao's extensive experience in the technology consulting industry, working with companies such as IBM, Unisys, and Amelia.ai, positions him as a valuable asset in driving widespread adoption of intelligent automation, business process re-engineering, and emerging technologies like AI/Machine Learning and IT Automation.
Huron Capital's Principal and ExecFactor lead, Mike Zukas, highlighted the partnership with Gene Chao as an opportunity to create attractive growth prospects for founders in need of technology transformation. Leveraging Huron's expertise in building platforms in professional services markets, the ExecFactor model aims to accelerate organic growth and facilitate mergers and acquisitions through its buy-and-build playbook.
Tony Pulice, Partner and Tech-Enabled Services Sector Captain at Huron, emphasized the role of advanced technologies in driving business growth. Huron recognizes the need to help companies stay competitive and enhance their core capabilities through technology transformations. By supporting businesses in their technology journey, Huron Capital aims to provide the necessary resources to navigate the ever-changing digital landscape successfully.
About Huron Capital:
Huron Capital is a private equity firm that focuses on investing in sectors of the North American facility and infrastructure services and professional services industries. With a people-first and thematic approach, Huron Capital empowers companies to reach new levels of excellence by providing resources for operational improvements, service expansion, strategic acquisitions, and market access. Founded in Detroit in 1999, Huron Capital has managed over $1.8 billion on behalf of global institutional investors and has completed over 270 acquisitions.
About ExecFactor®:
ExecFactor® is Huron Capital's proprietary investment strategy that combines sector focus, industry relationships, committed capital, and a repeatable buy-and-build approach. Under this strategy, Huron Capital partners with industry executives to deploy their build-and-build investment model and create new platform investments. ExecFactor® investments include companies like ExperiGreen, a residential lawn care services provider, and Exigent, a mission-critical repair and maintenance services provider for large facility operations.
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