Unlocking Growth Potential: Tom Spengler Joins Great Hill Partners as Executive-in-Residence
Gracie Gottlieb | 28 September, 2023
Great Hill Partners, a leading private equity firm specializing in high-growth, disruptive companies, is pleased to announce the addition of Tom Spengler as Executive-in-Residence. With over 23 years of experience in local government technology, Spengler will play a key role in identifying and pursuing investment opportunities within the government technology industry. "We're excited to have Tom join the Great Hill team," said Chris Busby, Managing Director at Great Hill Partners. "Tom's passion for improving government and communities through technology, combined with his extensive expertise, will be invaluable to our firm and the management teams we partner with. We look forward to collaborating with Tom in identifying and investing in technology businesses that cater to government end-markets, helping them unleash their growth potential and create value for the citizens they serve." Spengler expressed his enthusiasm for joining Great Hill, saying, "I've long admired Great Hill's approach to sourcing, working with, and growing promising technology solutions. I'm thrilled to be part of this exceptional team. Throughout my career, I've dedicated myself to helping governments streamline their operations and engage with constituents to enhance local communities. Today, as our communities face new and increasingly complex challenges, we're eager to identify disruptive companies that partner with government agencies to solve these problems." Spengler brings a wealth of experience to Great Hill. He co-founded Granicus, where he played a pivotal role in creating a cloud-based civic engagement and legislative management platform used by over 6,000 government agencies and 300 million citizens. This platform streamlined workflows and fostered more meaningful connections between governments and citizens. In his recent role as CEO of Rock Solid Technologies, Spengler accelerated growth in North America and expanded the company's offerings through acquisition, serving over 800 municipal customers across the US, Latin America, and the Caribbean. Under his leadership, Rock Solid was successfully sold to Granicus in October 2022. Additionally, Spengler has served on the boards of various technology companies, including Daxtra Technologies and Automotus. Great Hill Partners has a proven track record as an active investor in software and digital infrastructure, with more than 40 investments in these sectors. Representative investments include ZoomInfo, Intapp, EnterpriseDB, Varicent, and Ascenty. About Great Hill Partners Founded in 1998, Great Hill Partners is a private equity firm that targets investments ranging from $100 million to $500 million in high-growth companies across the software, digital commerce, financial technology, healthcare, and digital infrastructure sectors. With offices in Boston and London, Great Hill has raised over $12 billion of commitments and invested in more than 95 companies. The firm has established a strong reputation for building long-term partnerships with entrepreneurs and providing flexible resources to assist middle-market companies in scaling. It's important to note that the profitability of the portfolio companies mentioned in this article is not guaranteed, nor does it imply that future portfolio companies will have similar experiences. For more information and a comprehensive list of Great Hill's investments, please visit www.greathillpartners.com. In conclusion, Tom Spengler's addition to Great Hill Partners as Executive-in-Residence marks an exciting development for the firm's investment strategy in government technology. With Spengler's expertise and passion, Great Hill is poised to capitalize on disruptive technologies that address pressing challenges faced by governments and communities.
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