Tenzing Names New CEO, Gets Additional Funding from Eventi Capital Partners

Managed services supplier Tenzing has appointed Bill Di nardoo corporate executive, substitution Tenzing founder Brian Shepard, and has additionally been given distended its investment within the business as a part of this transition.

Prior to being appointed corporate executive, Di nardoo was chairman of Tenzing’s board of administrators.

He had antecedently based and diode e-commerce web site Grocery entry, that had nearly $40 million of annualized sales beneath his steering. when effort Grocery entry, he shaped Eventi Capital Partners (ECP), Associate in Nursing investment company specializing in SaaS and IaaS firms together with Tenzing and Toronto-based enterprise cloud supplier Ceryx.

“Di Nardo has vie a very important leadership role on our board over the past seven years and has provided sound strategic counsel,” Tenzing president rule Atwal aforementioned in an exceedingly statement. “We believe that his specialize in semipermanent growth, strategic discipline and Brobdingnagian expertise in growing firms, specifically in e-commerce, can serve Tenzing well during this exciting amount of our history as an organization.”

ECP has additionally distended its investment in Tenzing as a part of this transition. “ECP has been Associate in Nursing capitalist in our business for several years, and has provided strategic and operational steering that has driven our transformation into a specialised managed service supplier,” Atwal declared. “The distended investment in Tenzing shows that ECP has tremendous confidence in our business and is committed to our semipermanent success and growth.”

There are many high-level workers changes at Tenzing within the past year. In Nov 2014, Tenzing appointed rule Atwal president of the corporate when 5 years leading Tenzing’s Ecommerce division. Earlier this year, managed services and ecommerce veteran Smith joined Tenzing as VP of sales and promoting.

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