LLR Partners Invests in Key2Act
April 16, 2015
LLR Partners announced a strategic investment in Key2Act (fka WennSoft, Inc.), an innovative field services software provider, to drive a market leadership position in the field service and specialty construction markets worldwide.
“Key2Act has an impressive, 20-year track record of delivering proven field service solutions that allow customers the ability to streamline operations and help increase revenue,” said Justin Reger, principal at LLR. “The Company’s domain expertise and industry-specific field service solutions, as evidenced by the Key2Act position on Gartner’s Magic Quadrant, provide a powerful base to capitalize on attractive market opportunities that will help accelerate growth.”
With nearly 1,000 customers worldwide, Key2Act provides end-to-end field services software and solutions. The Company’s platform offers highly tailored vertical solutions based on extensive field services operations expertise and enables customers to manage and streamline the installation, maintenance and repair processes with a strong emphasis in mobility.
Founder Jim Wenninger said, “We couldn’t be more excited about this new partnership. It allows the Key2Act team to realize our vision to be the leading specialty trades field service solution provider in the geographies we serve, and it supports our ability to grow unbridled in other industries and market segments.”
As part of the investment, John Jazwiec will take over as Key2Act’s CEO. Jazwiec, the former CEO of FiveCubits and RedPrairie, has significant experience leading fast-growth technology companies.
“John’s experience driving high growth organizations and his passion for the field service and specialty trades markets makes him an ideal successor,” says Wenninger. “This allows me the opportunity to work more closely with customers and focus on our industry strategy.”
“We brought John in because of his long and consistent track record of successfully scaling enterprise software companies and disrupting markets,” notes Reger. “He knows the industry and knows how to build sustainable, high growth, profitable companies that become industry leaders.”
Jazwiec added, “I am excited to begin working with the Key2Act team and LLR Partners. Key2Act, through Jim Wenninger and Julie West’s leadership, has built tremendous products and a customer-centric reputation in a growing market. I anticipate my experiences at FiveCubits and RedPrairie to be very similar to Key2Act, so I look forward to the opportunity to lead the Company in its next chapter of growth.”
Established in 1995 as WennSoft, Key2Act provides solutions for those who want to better manage installation, maintenance and repair processes. Key2Act’s innovative field service solutions streamline operations from sales to the field to accounting, arming customers with the insight they need to do their work more proactively, productively and profitably. Built on Microsoft technologies, Key2Act products have achieved Certified for Microsoft Dynamics (CfMD) status, Microsoft’s highest accreditation for partner-developed solutions. Key2Act solutions may be licensed and deployed to fit customers’ business models. For more information, see www.key2act.com.