About Us

EAM is a growth-oriented private equity firm.

We are building the pre-eminent lower mid-market technology-focused growth buyout firm. We aim to be the investor of choice for founders and growth-oriented executives seeking a partner who will support their vision for long-term profitable growth and the pursuit of operational excellence. We do so in a spirit of data-driven candor, hard work and partnership.

Our Focus

We focus entirely on Technology and Tech-enabled service companies.

EAM provides tailored capital solutions and strategic and operating support to companies with long term growth potential. We typically invest $25M to $100M of capital per company for growth equity or to support shareholder transitions.

Our Companies

We help exceptional companies grow.

We back founders and leadership teams of product-led, category leading companies with remarkable growth potential.

Evention

Financial automation software for hospitality, restaurants and retail

Mindoula

Tech-enabled behavioral health

MIVA

Ecommerce infrastructure software for retailers, distributors and wholesalers

PCMI

Warranty and service contract administration software

RCT

Loss control software solutions for the insurance industry

See disclosure note below.

Our Team

We are known for creating value and forging lasting relationships with Founders and CEOs of market-leading companies.

Wendy Cebula>
Wendy Cebula

Wendy is an Operating Partner at EAM.

Wendy has a passion for helping to develop people, process and technology to create value for customers and to drive company growth. EAM has a focused investment strategy, strong and diverse team and a true partnership approach to working with portfolio companies.

Wendy has more than 30 years of hands-on experience in various leadership roles and has been a driving force in building high-growth education technology, e-commerce and financial services companies.  Her career includes serving as President and COO of edX, a prominent education technology company, where she played a pivotal role in shaping their business model. Wendy also spent 13 years at Vistaprint (now Cimpress) where she helped lead the company’s growth from $1 million to more than $1 billion in revenue, with several of those years as COO.

Wendy earned her B.S. in Finance from the Rochester Institute of Technology.

Tara Ciongoli>
Tara Ciongoli

Senior Advisor

Tara joined EAM in 2018 originally as COO, and now is a Senior Advisor. Prior to joining EAM, Tara spent nearly a decade in management consulting, business development, and professional development roles. Tara worked for the majority of her career as a consultant at McKinsey & Company, specializing in strategy, marketing, and organizational work for primarily financial services clients, before transitioning to professional development where she led firm training and people processes. She also worked in Business Development at Time Inc/ Time Warner.

Tara received her MBA from Harvard Business School, an AB in the School of Public and International Affairs from Princeton University.

Jeff Del Papa>
Jeff Del Papa

Jeff is Co-Founder and Managing Partner of EAM.

Jeff has been investing in private software companies for more than twenty years. His experience includes partnering with management teams to complete buyout, growth equity, carve out and take private transactions. Jeff started his private equity career at Summit Partners and also worked at Thoma Bravo and TA Associates, where he led and helped manage investments in software and services companies.

Jeff’s passion is working with product-led software companies and partnering with leadership teams and founders to provide growth support through EAM’s Investor-Operator strategy.

Jeff graduated from Babson College and has a MBA from Harvard Business School.

Andrew Hayes>
Andrew Hayes

Chief Financial Officer & Chief Compliance Officer

Andy joined EAM in 2020. Andy has over 18 years of experience serving private equity firms, funds and portfolio companies in various capacities.  Prior to joining EAM, he was an Audit and Transaction Advisory Partner in the Boston office of KLR, a Top 100 Accounting Firm, where he spent over 12 years of his career.  Andy also spent several years as a Controller on the finance team at Summit Partners, where he focused on firm and fund operations, financial reporting and strategic initiatives.  Andy holds a BS in Accountancy from Providence College, an MBA from Bryant University and is also a CPA.

Prior Firms
• KLR
• Summit Partners

Education
• Bryant University (MBA)
• Providence College

Oscar Loynaz>
Oscar Loynaz

Principal

Oscar joined EAM in 2018. Prior to EAM, Oscar spent three years at TA Associates, a global growth private equity firm, focusing on companies in the business services sector. At TA, Oscar was responsible for creating investment themes as well as sourcing and executing investment opportunities. Oscar began his finance career as an investment banking analyst at J.P. Morgan.

Oscar received his MBA from Harvard Business School and graduated from Princeton University with an AB in Economics, where he played varsity lacrosse. Oscar is actively involved with City Year, a non-profit organization focused on supporting communities and schools in Boston and other cities.

Prior Firms
• TA Associates
• J.P. Morgan

Education
• Harvard Business School
• Princeton University

Shawn McGowan>
Shawn McGowan

Shawn is an Operating Partner at EAM.

Shawn is a passionate operator and technologist. He is inspired by working with a collection of diverse and talented companies. He believes companies excel when they balance their focus on platform and product, operations, commercials, and culture. Shawn enjoys helping shape and promote this balance across the EAM portfolio, creating value for team members, customers and investors.

Shawn has more than twenty-five years of operating experience and has extensive experience in software and tech enabled service companies. Shawn has had roles as CTO, COO and CEO. Shawn was most recently CEO of Scribe Software.

Shawn graduated from Plymouth State College, Northeastern University (State of the Art, Computer Science) and Northeastern University Business School (MBA).

Elizabeth Pinto>
Elizabeth Pinto

Executive Administrator

Liz joined EAM in 2023. Previously, Liz spent 2 years with the Human Resources & Learning and Development team at Withers Bergman LLP, a global wealth planning and litigation law firm. She focused on employee life cycle management, performance appraisal processes, and benefits administration. Liz earned her undergraduate degree in Psychology from the College of Science at Virginia Tech.

Prior Firms
• Withers Bergman LLP

Education
• Virginia Tech

 

Tom Roberts>
Tom Roberts

Tom is Co-Founder and Managing Partner at EAM. Prior to EAM, Tom worked at Summit Partners for nearly 30 years, playing a central role in building Summit’s organization and its exceptional investment track record. During his tenure there, Tom served as Managing Partner, Executive Committee Member, and Investment Committee Member.  Tom also founded Summit’s Portfolio Performance Group and oversaw that group’s growth and success for nearly a decade.  During his career, Tom led dozens of investments for Summit, sitting on over 40 portfolio company boards during his tenure.

At EAM, Tom returns to his career roots of investing in founder-driven technology companies. EAM represents its founders’ shared vision of offering investors a concentrated portfolio of category leading high-growth technology companies while providing company founders and growth-oriented executives the exceptional level of support and partnership a small portfolio allows. EAM has assembled a world-class team, well-known to each other for decades, to pursue this vision.

Tom studied economics at Princeton University and earned his MBA from Harvard Business School.

Page Sadlier>
Page Sadlier

Director of Operations

Page joined EAM in 2018.  Page has over 18 years of experience working in business support roles at various financial services firms. Prior to EAM, Page worked with the Founder/CIO and Relationship Management team, with a focus on Investor Relations, at HighVista Strategies, an Investment Management Firm. Prior to HighVista, Page held similar roles at DRG and Columbia Threadneedle Investments. Page received a BA in Economics from Northeastern University.

Prior Firms
• HighVista Strategies
• DRG
• Columbia Threadneedle Investments

Education
• Northeastern University

Ben Tahmoush>
Ben Tahmoush

Associate

Ben joined EAM in 2023. Prior to EAM, Ben was an Investment Banking Analyst at Citigroup where he focused on software coverage. Previously, Ben held internship roles at Battery Ventures and Mucker Capital. Ben received a BBA from the University of Michigan – Ross School of Business.

Prior Firms

Citigroup

Education

University of Michigan

Michaela Thompson>
Michaela Thompson

Associate

Michaela joined EAM in 2022. Prior to EAM, Michaela held an internship at Battery Ventures where she focused on sourcing and executing investments in industrial technology.  Michaela received a BS from Boston College – Carroll School of Management.

Education

Boston College – Carroll School of Management

 

Our Highlights

  • Jan 28, 2025

    Duck Creek Technologies Acquires Risk Control Technologies

    See disclosure note below Source: GlobeNewsWire, Duck Creek Technologies October 10, 2024 Duck Creek Technologies Acquires Risk Control Technologies to Deliver Comprehensive Risk Management and Mitigation Solutions Risk Control’s Platform Will be Fully Integrated into Duck Creek’s Comprehensive Suite of SaaS Solutions for P&C and General Insurers. Duck Creek Technologies, the intelligent solutions provider defining

    Read Article
    January 28, 2025

    Duck Creek Technologies Acquires Risk Control Technologies

    See disclosure note below

    Source: GlobeNewsWire, Duck Creek Technologies

    October 10, 2024

    Duck Creek Technologies Acquires Risk Control Technologies to Deliver Comprehensive Risk Management and Mitigation Solutions

    Risk Control’s Platform Will be Fully Integrated into Duck Creek’s Comprehensive Suite of SaaS Solutions for P&C and General Insurers.

    Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, today announced it has acquired Risk Control Technologies, Inc. (“RCT”), a Toronto-based provider of risk management and loss control solutions. This strategic investment is set to transform how insurance carriers prevent loss and manage risk, enabling deployment of advanced AI and machine learning capabilities at the forefront.

    “As the world faces increasing risks—whether from climate change, cyber threats, or other emerging challenges—having advanced tools to manage these exposures is crucial. Risk Control is a leader in not only identifying potential loss, but preventing it through preemptive risk mitigation,” said Mike Jackowski, Chief Executive Officer of Duck Creek Technologies. “In addition to sharing Duck Creek’s core values, Risk Control’s leadership and team members bring a wealth of insurance knowledge and experience. Together, we will help insurers work closely with their policy holders to prevent losses, improve safety and better prepare for the future.”

    The RCT RiskHub platform will enhance the Duck Creek SaaS suite of insurance technology products, further increasing Duck Creek’s ability to improve underwriting accuracy, optimize claims processes, and reduce overall risk exposure. By integrating RCT’s solution into Duck Creek Technologies platform, insurance carriers will have rich predictive capabilities, enabling them to better manage underwriting risks and maximize an efficient, integrated policy and claims management experience.

    “Being part of Duck Creek Technologies will strengthen our goal to help carriers optimize and increase risk-data coverage across their entire business,” said David Da Costa, Chief Executive Officer of Risk Control Technologies. “We are excited to be part of Duck Creek and to work jointly to deliver modern technology innovations that transform the insurance industry and help insurers strengthen their customer engagements and drive impactful operational efficiencies. We look forward to this new chapter and the enhanced capabilities we can now offer to the market as part of the Duck Creek family.”

    RCT’s industry-leading loss control and risk assessment platform will be seamlessly integrated with Duck Creek’s comprehensive suite of products to enable data-driven decisions for all stakeholders to improve proactive risk mitigation.

    “I’m confident that the combined strengths of Duck Creek and Risk Control, two of our most trusted partners, will bring enhanced capabilities and innovative solutions to the market to bolster risk management and loss control,” said Murali Natarajan, Senior Vice President and Chief Information Officer of West Bend Mutual Insurance. “We look forward to the positive impact this integration will have on our underwriting process, ultimately benefiting our business and customers.”

    Raymond James & Associates served as financial advisor to Risk Control Technologies on the transaction.

    About Risk Control Technologies

    Risk Control Technologies Inc. (RCT) is the leading provider of Risk Management and Loss Control software to the insurance industry. RCT’s RiskHub platform helps underwriting assess risk, and leverage the appropriate risk assessment tool based on the risk’s complexity. RCT helps over 150 insurance organizations improve their loss ratios, increase customer retention, implement operational efficiencies, and harness powerful data insights to enable better business decisions. RCT’s customers include a wide range of insurance organization types, operating across a broad variety of lines of business. For more information, visit www.riskcontroltech.com.

    About Duck Creek Technologies

    Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.

    Media Contacts:

    Marianne Dempsey/Tara Stred

    duckcreek@threeringsinc.com

    Portfolio Disclosure Note: The investment in RCT was made through a SPV that is managed by select principals of EAM. This investment was not held directly by an EAM Fund and has been fully realized.

     

  • Aug 24, 2024

    EAM Announces Investment Team Promotions

    EAM announced the promotions of two investment team members. Benjamin Tahmoush and Michaela Thompson have been promoted from Analyst to Associate. As Associates, Ben and Michaela will be responsible for working with EAM and its portfolio companies to identify and evaluate investment opportunities, make acquisitions and to support other growth initiatives. Ben Tahmoush, Associate Ben joined

    Read Article
    August 24, 2024

    EAM Announces Investment Team Promotions

    EAM announced the promotions of two investment team members. Benjamin Tahmoush and Michaela Thompson have been promoted from Analyst to Associate. As Associates, Ben and Michaela will be responsible for working with EAM and its portfolio companies to identify and evaluate investment opportunities, make acquisitions and to support other growth initiatives.

    Ben Tahmoush, Associate

    Ben joined EAM in 2023. Prior to EAM, Ben was an Investment Banking Analyst at Citigroup where he focused on software coverage. Previously, Ben held internship roles at Battery Ventures and Mucker Capital. Ben received a BBA from the University of Michigan – Ross School of Business.

    Michaela Thompson, Associate

    Michaela joined EAM in 2022. Prior to EAM, Michaela held an internship at Battery Ventures where she focused on sourcing and executing investments in industrial technology.  Michaela received a BS from Boston College – Carroll School of Management.

    About EAM

    EAM is a growth-focused private equity firm. EAM provides equity capital and strategic and operating support to growth companies in the technology and tech-enabled services sectors. With decades of investment experience and operating experience, the firm has earned a reputation for value-creation, serving as steadfast partners to Founders and CEOs. The firm is based in Boston. For more information, please visit http://www.equalityam.com.

  • Jul 1, 2024 Read Article
    July 1, 2024

    Mindoula Founder & CEO Steve Sidel recognized as an EY Entrepreneur of the Year®

    Steve Sidel, Founder and CEO of Mindoula, an EAM portfolio company, was named a winner of Ernst and Young’s 2024 Entrepreneur of the Year® (EOY) award for the Mid-Atlantic region. The EOY program celebrates and recognizes business leaders who demonstrate outstanding directorship, under which their companies have experienced remarkable growth and success. Steve was selected by a panel of judges for outstanding pursuance of, as Ernst and Young described it, “long-term value through entrepreneurial spirit, purpose, growth and impact” at Mindoula. EAM congratulates Steve Sidel and Mindoula for receiving this significant honor.

    About Mindoula   

    Mindoula is a next-generation population health management company that identifies, engages, and serves complex and rising-risk populations with behavioral health, medical and social challenges across the continuum of care. Mindoula deploys teams of 24-7 virtual and in-person care extenders — powered by adaptive data science, proprietary psychometrics, predictive analytics and a multi-platform technology suite — to deliver proven outcomes and guaranteed ROIs. Mindoula’s data-driven, member-centric approach has made it a market leader in complex and specialty population health management, collaborative care and behavioral health network extension. Mindoula contracts with payers, primary care and women’s health practice groups, health systems, and hospitals, extending their capabilities and helping them achieve their population health management goals. Headquartered in Silver Spring, Maryland, Mindoula currently operates in VA, DE, PA, WV, LA, NV, FL, NJ, NY, NC, OH, NE, MO, IL, KY, and DC, with national expansion plans to meet the growing need for integrated whole person care. For more information, please visit www.mindoula.com.

    About EAM (Equality Asset Management)

    EAM is a growth-focused private equity firm. EAM provides equity capital and strategic and operating support to growth companies in the technology and tech-enabled services sectors. With decades of investment experience and operating experience, the firm has earned a reputation for value-creation, serving as steadfast partners to Founders and CEOs. The firm is based in Boston. For more information, please visit http://www.equalityam.com.

     

     

  • Jun 23, 2022 Read Article
    June 23, 2022

    Evention Announces Strategic Growth Investment from Equality Asset Management

    Evention Announces Strategic Growth Investment from Equality Asset Management

    Investment Will Support Evention’s Domestic and International Growth

    CHICAGOJune 23, 2022 /PRNewswire/ — Evention LLC (“Evention”), a leading provider of software to hotels, restaurants, and retailers, announced today that it has secured an investment from Equality Asset Management (“Equality”), a Boston-based growth equity firm. Evention will continue to be led by its founders and Co-Managing Partners, Mike Baldinger, Erik Nejman, and Brian Roth. Financial terms were not disclosed.

    “Evention has been providing financial automation software that improves accuracy, reduces operating costs, and enables compliance for more than 15 years,” said Mike Baldinger, Evention Co-Founder and Managing Partner. “We’re experiencing rapid growth fueled by new products, market expansion, and the macro shift to improve and automate financial processes.”

    “This partnership allows Evention to continue its mission of empowering our customers with financial and back-office automation,” added Erik Nejman, Co-Founder and Managing Partner. “Equality has tremendous experience supporting growth software companies like Evention and we’re excited to welcome them as a partner to our company and to our amazing customers across the globe.”

    “Mike, Erik and I are thrilled about Evention’s next chapter of growth and continuing to build upon our long track record of success,” noted Brian Roth, Co-Founder and Managing Partner.

    Evention was founded in 2004 to solve the data and payroll complexities associated with tips and gratuity calculations. Initial customers were single-location hotels, but management companies and global hospitality and retail brands followed. Today, the Company has thousands of customers across verticals utilizing its cloud-based automation solutions for accounting, payroll, and other financial transactions, reducing administrative time, and increasing profitability. Evention’s growing product portfolio, as well as international presence, positions it as a trusted partner to some of the biggest names in hospitality, restaurants, and retail.

    “Finance and accounting offices are undergoing a modernization that is driving demand for software products that provide clear ROI,” said Oscar Loynaz, Principal at Equality. “Evention streamlines mid and back-office processes while improving transparency and employee engagement. We’re excited to partner with Mike, Erik, Brian and the team at Evention to support their continued success and accelerating growth.”

    “Evention’s focus on building highly valuable automation software that meets the needs of complex operating environments has enabled the Company to serve global brands with very high customer satisfaction” said Jeff Del Papa, Co-Founder and Managing Director at Equality. “With a broadening product portfolio, deep domain expertise, and global footprint, Evention is very well positioned to support customers as they seek the benefits of automation. ”

    McDonald Hopkins acted as legal advisor to Evention. Goodwin Procter LLP acted as legal advisor to Equality.

    About Evention LLC

    Based in Chicago, IL, Evention leverages automation to reinvent legacy accounting processes. Evention’s Software as a Service (SaaS) solutions simplify back-office processes for various verticals – from retail to restaurant to grocery, hospitality, casino, and others. By streamlining the management of cash, credit card reconciliation, tips and gratuities, and group billing processes, Evention’s automated solution suite decreases costs and increases efficiency. With robust controls and comprehensive reporting capabilities, Evention’s solutions guarantee financial transparency and security. Evention serves thousands of customers across the globe.

    About Equality Asset Management

    Equality Asset Management is a growth-focused private equity firm. Equality provides equity capital and strategic and operating support to growth companies in the technology and tech-enabled services sectors. With decades of investment experience and operating experience, the firm has earned a reputation for value-creation, serving as steadfast partners to Founders and CEOs. Equality is based in Boston. For more information, please visit https://www.equalityassetmanagement.com.

    Evention
    Brian Gosizk (brian.gosizk@eventionllc.com) – 312.953.4600

    Equality Asset Management
    Andrew Chironna (achironna@prosek.com) – 646.818.9047

     

     

     

     

  • Nov 18, 2021

    SaaS Ecommerce Provider Miva Announces Strategic Growth Investment from Equality Asset Management

    Investment will Support the Growth and Expansion of Miva’s Customer Base and Products

    Read Article
    November 18, 2021

    SaaS Ecommerce Provider Miva Announces Strategic Growth Investment from Equality Asset Management

    SaaS Ecommerce Provider Miva Announces Strategic Growth Investment from Equality Asset Management

    Investment will Support the Growth and Expansion of Miva’s Customer Base and Products

    November 18, 2021 – San Diego, CA – Miva, Inc., a leading mid-market and enterprise ecommerce platform announced it has secured a significant equity investment from Boston-based growth equity firm, Equality Asset Management. The company will continue to be led by CEO, Rick Wilson. Financial terms of the deal were not disclosed.

    “Emerging from the pandemic, the ecommerce industry is well positioned for growth as more merchants diversify their revenue sources and reevaluate customer engagement online,” said Rick Wilson, CEO of Miva. “As we double down on the things that continue to differentiate us in the market and focus on our growth, we are thrilled to partner with Equality Asset Management to enter the next phase in our evolution.”

    For more than twenty years, Miva has provided a flexible and modern ecommerce platform to retailers, wholesalers and distributors, equipping them with the tools and capabilities needed to scale their ecommerce operations.

    The company creates more agility for its B2B and D2C customers at every step of the sales journey. Whether integrating with existing systems, delivering curated shopping experiences, or creating a customizable online store for direct sales, the platform’s rich functionality, ease of use and customizable nature have positioned it as a technology of choice for thousands of companies globally.  Miva’s low total cost of ownership and high customer satisfaction ratings also continue to receive industry recognition, as customers unlock new sources of revenue on the platform.

    “For both mid-market and enterprise businesses alike, the requirements to manage back-end systems and supply chains have become increasingly complex due to the intricacy of product catalogs, price books and multiple customer touch points,” said Jeff Del Papa, Co-Founder and Managing Director at Equality. “Miva was early in recognizing the need to introduce affordable and configurable solutions that drive automation and reduce operating costs. We are pleased to partner with Rick and the team at Miva to support their future growth and success.”

    “Miva has made significant investments in its software and is poised to grow organically and through strategic acquisitions. We are excited to support this strategy for expansion, in partnership with Miva’s management team,” added Oscar Loynaz, Vice President at Equality.

    First Analysis acted as the exclusive financial advisor to Miva for the transaction. Sheppard Mullin LLP acted as legal advisor to Miva. Goodwin Procter LLP acted as legal advisor to Equality.

    About Miva, Inc. 

    Miva offers a flexible, adaptable and scalable ecommerce platform that allows businesses to drive sales, maximize average order value, cut overhead costs, and increase revenue. Miva has been helping businesses realize their potential for over 20 years by empowering retail, wholesale, and direct-to-consumer sellers across all industries to transform their business through ecommerce. Learn more at www.miva.com.

    About Equality Asset Management
    Equality Asset Management is a growth-focused private equity firm. Equality provides equity capital and strategic and operating support to companies with long-term growth potential in the technology and tech-enabled services sectors. With decades of investment experience and operating experience, the firm has earned a reputation for value-creation, serving as steadfast partners to Founders and CEOs. Equality is based in Boston. For more information, please visit www.equalityassetmanagement.com.

     

    Media Contacts:

    Miva

    Marissa Pasillas (miva@walkersands.com) – 815.721.3086

    Equality Asset Management

    Beatrice Broderick (bbroderick@prosek.com) – 857.301.6949

     

Contact Us

Boston
888 Boylston Street
Suite 500
Boston, MA 02199
Get Directions

Please contact us to learn more about Equality Asset Management.