SANTA MONICA, Calif. and CARY, N.C., Oct. 29, 2020 /PRNewswire/ -- Dude Solutions, Inc. ("Dude Solutions" or the "Company"), the leading provider of cloud-based operations management software, backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") today announced that it has appointed experienced software operator and Clearlake Executive Council Member Kevin Kemmerer as Chief Executive Officer (CEO), effective immediately. Mr. Kemmerer previously served as interim CEO of the Company and will continue in his role as Executive Chairman.
"Kevin is a leading executive in the software industry with a demonstrated track record of driving strategic transformations, including buy-and-build technology platforms, and is the perfect fit to lead Dude Solutions day-to-day as CEO," said Behdad Eghbali, Co-Founder and Managing Partner at Clearlake. "We believe that with Kevin's deep industry and operating expertise, combined with Clearlake's operational improvement approach, O.P.S.®, the Company is well positioned to extend its position as a market leading operations management platform. I am pleased to welcome him as our new CEO at Dude Solutions."
Mr. Kemmerer brings more than 20 years of software development and technology operating experience to Dude Solutions. Prior to joining Dude Solutions as Executive Chairman, he was Executive Vice President, Product Management at iPipeline, a leading provider of cloud-based software solutions for the life insurance and financial services industry. Prior to iPipeline, Mr. Kemmerer was an Executive-in-Residence at Warburg Pincus, and EVP and Managing Director of Safeguard Scientifics, where he led the company's technology deal team. Earlier in his career, he managed investments for Kennet Venture Partners and co-led Broadview's Silicon Valley team focused on software and technology M&A.
"I couldn't be more excited to serve the company as its CEO. Over the past year, I've grown to appreciate the massive opportunity to serve as a trusted partner to operations management leaders as we scale the Dude Solutions organization," said Mr. Kemmerer. "I look forward to working with Clearlake and the existing executive team to drive accelerated growth and deliver greater value to our clients."
"We are fortunate to have Kevin join as CEO alongside the full executive leadership team at Dude Solutions as we partner together to organically grow the business, drive industry consolidation, and develop the premier buy-and-build platform in operations management software," said Prashant Mehrotra, Partner, and Paul Huber, Principal, at Clearlake. "Kevin's experience, leadership skills, and commitment to the Company's vision and core values make him a natural fit for this role."