Clearlake Capital is shaking up Ivanti’s leadership. Expect greater focus on efficiency and acquisitions beyond IT service management (ITSM) and IT operations.
Ivanti and its owner, Clearlake Capital Group, have announced the following changes to its executive leadership:
New Role with Ivanti
CEO & Board Member, Ivanti
CEO & Chairman
EVP & General Manager, Infor
CFO & operating executive with other Clearlake Capital portfolio companies
EVP & Chief Customer Officer
Senior EVP, Infor
SVP & CMO
VP Marketing, Infor
SVP & General Manager of Supply Chain Business Unit and License Management
SVP Global Operations
VP Finance, Avetta
VP Sales Operations & Partner Programs, Ivanti
Source: Ivanti IT Service Management at SoftwareReviews, Report Published January 2020
This change is likely being driven by Ivanti’s ownership. Clearlake Capital wants to see its investment grow, but the ITSM industry is mature and highly saturated. Either Ivanti focuses on efficiencies and increasing pricing, or it focuses on expanding into new product lines.
It looks like Ivanti has chosen the second option. Clearlake Capital and Ivanti selected the new CEO from Infor – a cloud-based enterprise software company with a similar grow-through-merger-and-acquisition strategy. Schaper appears to be a good leader too, because a whole team followed him.
Ivanti is already growing its enterprise service management features. I suspect that it will continue this as well as look for opportunities to expand further into the enterprise space. Based on Infor’s background, I suspect Clearlake Capital and Ivanti will look at acquiring a company that can provide them with an enterprise resource planning module. Based on the industry’s direction, I also suspect that they are looking at buying one or more companies that can provide them with a customer resource management module, project portfolio management module, facilities module, HR module, and/or finance module.