Wavecrest Growth Partners Hires New Growth Partner to Help Scale Value Creation Efforts with Portfolio Companies
Chirag Shah to lead the Wavecrest Operating Platform
BOSTON, May 1, 2023 /PRNewswire-PRWeb/ -- Wavecrest Growth Partners, a Boston-based growth equity firm focused on investing in B2B SaaS companies, today announced the addition of Chirag Shah as Growth Partner. In his role, Shah will lead the Wavecrest Operating Platform, working with portfolio company teams to provide strategic expertise and guidance on value creation, operational improvement, and go-to-market execution as they scale their businesses.
"Wavecrest's Operating Platform and collaborative approach to working with lower middle-market, B2B software companies to drive growth is best in class. I am excited to join Wavecrest to work with this great team and to continue their history of working collaboratively with founders and CEOs to build their businesses and maximize their market opportunities."
Chirag has over 25 years of experience as an operating partner, board member, CEO, and executive chairman. In the last 13 years, he has worked to lead both operational and strategic initiatives, turnaround efforts, and value creation plans for PE-backed companies at several private equity firms, including Vista Equity Partners and Centerbridge Partners. Most recently, he was an Independent Operating partner and Interim CEO for software and tech-enabled companies backed by Riverside Company and Gemspring Capital. Early in his career, Chirag was a thought leader in McKinsey's Sales and Marketing and Private Equity practices and worked at both IBM and Accenture as a management consultant. He brings extensive experience working with leading B2B software businesses spanning several vertical industries.
"We are thrilled to welcome Chirag to our team," said Vaibhav Nalwaya, Managing Partner of Wavecrest Growth Partners. "His extensive background and experience will be invaluable in driving our operational and strategic initiatives with our portfolio companies."
Wavecrest is a Boston-based growth equity firm established in 2016. The firm's primary goal is to invest in and empower founder-led B2B technology companies to accelerate their business plans. Wavecrest created the Wavecrest Operating Platform, a proprietary suite of tools, benchmarks, and resources to help its companies optimize their operations and achieve maximum success while they scale.
ABOUT WAVECREST GROWTH PARTNERS
Wavecrest Growth Partners is a growth equity firm focused on investing in and partnering with leading B2B software and technology-enabled services companies. Wavecrest targets investments in high-growth companies with proven products and business models and brings to bear a differentiated combination of investing and operating experience and networks to help accelerate growth and profitability. Wavecrest's team has decades of collective investing and operating experience in growth-stage B2B technology companies, including numerous successful outcomes. For more information, visit wavecrestgrowth.com
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Media Contact
Jennifer Qotb, Young & Associates, 3014617062, jennifermq@yapr.com
Jennifer MacLeid, Young & Associates, 3014617062, jennifermq@yapr.com
SOURCE Wavecrest Growth Partners
