About Us
Equality is a growth-oriented private equity firm.
At Equality, we are value-added partners with deep sector expertise in technology and healthcare, and a passion for helping to build exceptional growth companies.
We are committed to aligning the interests of our limited partners, our management teams, and the employees and partners of Equality. With this focus and with discipline, Equality can have a lasting and positive impact on the companies we serve.
Thomas S. Roberts
Founder and CEO
Our Focus
At Equality, our focus is Tech and Tech-enabled healthcare.
Equality provides tailored capital solutions and strategic and operating support to companies with longer term growth potential. We typically invest $25M to $150M of capital per company for growth equity or to support shareholder transitions.
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Technology
Applications and infrastructure software, data and information services, and other tech-enabled growth businesses.
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Healthcare
Services and technology serving the healthcare and life sciences industries.
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Our Experience
We have earned our reputation for being a steadfast partner to CEOs over many years.
Collectively, our investment team has more than ninety years of investment and operating experience in global growth companies.
In addition to working side by side with Founders and CEOs, our team has served on the Board of Directors of over fifty private companies and ten public companies in the technology and healthcare sectors.
Our Companies
At Equality, we help exceptional companies grow.




Our Team
The Equality team is known for creating value and forging lasting relationships with Founders and CEOs of market-leading companies.
Wendy Cebula
Read BioTara Ciongoli
Read BioJeff Del Papa
Read BioGabriel Gomez
Read BioMatt Giegerich
Read BioOscar Loynaz
Read BioShawn McGowan
Read BioTom Roberts
Read BioMichael Silk
Read BioMichaela Thompson
Read Bio
Wendy Cebula
Wendy is an Operating Partner of Equality.
Why Equality
I have a passion for helping to develop people, process and technology to create amazing value for customers and to drive growth for companies, employees and investors. Equality has a focused investment strategy, strong and diverse team and a true partnership approach. At Equality, operating partners begin engaging during the diligence process and work side-by-side with deal team members to create an investment thesis and share ownership for it. This allows us to develop a deep understanding of the businesses we support and to develop trusted relationships with management early in the process.
Prior Experience
Wendy has more than twenty years of operating experience in high growth technology enabled businesses, both public and private. She has also served on Boards for Private Equity backed companies.
Prior Firms
• edX
• Vistaprint (Cimpress)
• MotherNature.com
• Partners First
Education
• Rochester Institute of Technology

Tara Ciongoli
Tara is a Senior Advisor of Equality.
Why Equality
Equality’s mission, to build a world class private equity firm that partners with CEOs to build a small number of exceptional companies for the long-term spoke compellingly to me, and brought me back to what I loved most about my past professional experiences, specifically helping companies grow and thrive. Helping to build a team of exceptionally talented and diverse individuals similarly inspired by that mission has been the best part.
Prior Experience
Prior to co-founding Equality, Tara spent a decade in management consulting, business development, and professional development. Tara began her career at McKinsey & Company, where she worked for eight years, focusing on strategy and organization work for primarily financial services clients. Previously, Tara worked at Time Inc. Interactive, and with two investment firms as a Summer Associate, Lone Pine Capital and Venturehouse Group.
Prior Firms
• McKinsey & Company
• Venturehouse Group
• Lone Pine Capital
• Time Warner/ Time Inc.
Education
• Harvard Business School
• Princeton University

Jeff Del Papa
Jeff is Co-Founder and Managing Director at Equality.
Why Equality
At Equality, we have assembled a very strong team of experienced investors and former operating professionals with an exceptional track record of supporting high potential, market leading companies. We have an exciting opportunity to form long term partnerships with management teams and have built a firm that brings resources and the alignment to support long term growth.
Prior Experience
Jeff has twenty years of private equity experience and has partnered with management teams to complete buyout, growth equity, carve out and take private transactions.
Prior Firms
• TA Associates
• Thoma Bravo
• Summit Partners
Education
• Harvard Business School
• Babson College

Gabriel Gomez
Gabriel is a Managing Director of Equality, and leads origination.
Why Equality
Co-founding and starting a premier private equity firm with former colleagues that share the same vision and values is a dream come true. Equality’s unique strategy of truly investing for the long-term and partnering with management teams and companies in a collaborative manner is what I enjoy most. In addition, helping Equality build a strong commitment to diversity and collegial teamwork culture has been my passion since my time in the U.S. Navy.
Prior Experience
Prior to co-founding Equality, Gabriel spent over twelve years in private equity at Advent International and Summit Partners in a variety of roles and industries. He also co-founded O2X, an education and training company focused on maximizing human performance. Gabriel also ran for the U.S. Senate in MA where he won the Republican primary in a special election before losing the general election. Additionally, Gabriel worked in mergers and acquisitions at Bowles Hollowell Conner & Co. Before business school, Gabriel spent almost nine years in the U.S. Navy as an aircraft carrier pilot and Navy SEAL platoon commander.
Prior Firms
• O2X
• Advent International
• Summit Partners
• Bowles Hollowell Conner & Co.
• U.S Navy (aircraft carrier pilot and Navy SEAL)
Education
• Harvard Business School
• U.S. Naval Academy

Matt Giegerich
Matt is an Associate.
Why Equality
I joined Equality because I was excited by the prospect of investing in a select group of leading companies. The opportunity to establish meaningful, long-term relationships with the companies with which we partner is rewarding and motivating.
Prior Experience
Matt began his career at Aeris Partners, as an analyst.
Prior Firms
Aeris Partners
Education
Dartmouth College

Oscar Loynaz
Oscar is a Principal.
Why Equality
I joined Equality because it afforded me the opportunity to pursue a differentiated approach to private equity investing with a team that I am humbled to be a part of. Equality’s focus on a small number of longer-term investments provides a platform for the Equality team to establish deep relationships with management teams. Building these relationships with a group of investors and operating professionals that I can learn from and grow with over time is extremely exciting to me.
Prior Experience
Prior to joining Equality, Oscar had three years of private equity investing experience focusing on companies in the growth and buyout stages. Prior to private equity, Oscar had two years of investment banking experience.
Prior Firms
• TA Associates
• J.P. Morgan
Education
• Harvard Business School
• Princeton University

Shawn McGowan
Shawn is an Operating Partner of Equality.
Why Equality
As a passionate operator and technologist at heart, I was inspired by the idea of working with a collection of diverse and talented companies. I believe companies excel when they balance their focus on platform and product, operations, commercials, and culture. I look forward to helping shape and promote this balance across the Equality portfolio, creating value for team members, customers and investors.
Prior Experience
Shawn has more than twenty 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.
Prior Companies
• TIBCO
• Scribe Software
• Amadeus Hospitality
• Newmarket International
• ManagedOps.com
• Elderhostel
Education
• Northeastern University Business School (MBA)
• Northeastern University (State of the Art, Computer Science)
• Plymouth State College

Tom Roberts
Tom is the Founder and CEO of Equality, and co-leads Equality’s healthcare team.
Before founding Equality, Tom served as Managing Partner and Managing Director for Summit Partners, a top global private equity firm with over $15 billion in assets. During Tom’s 28-year career at Summit, in addition to Managing Partner and Managing Director, Tom served as Summit Partners Board Member, Executive Committee Member, Investment Committee Member, and Operating Committee Member. Tom also created and led Summit’s Portfolio Performance Group and co-founded Summit’s Credit Business. During his tenure, Tom led Summit with a strong track record in both firm-building and investing.
Prior to Equality and Summit, Tom received an AB in Economics from Princeton University, magna cum laude, and an MBA from Harvard Business School, where he was a Baker Scholar. Tom currently serves as a Trustee of Princeton University, and is a Trustee Emeritus of The Fessenden School in West Newton, MA. Previously Tom served three years as President of the New England Venture Capital Association (NEVCA). Tom and his wife Kristen have four children and live in Wellesley, Massachusetts.

Michael Silk
Michael is an Associate.
Why Equality
I joined Equality because I believe in Equality’s diligent approach of investing in a select number of companies and aligning with management teams in order to help them achieve their goals. The opportunity to partner with and learn from leaders in their respective fields while working alongside a talented, grounded team of investors and operating professionals is one that is both humbling and exciting.
Prior Experience
Michael began his career at Jefferies, as an analyst in the Mergers & Acquisitions Group.
Prior Firms
Jefferies Group
Education
University of North Carolina at Chapel Hill

Michaela Thompson
Michaela is an Analyst.
Why Equality
I have always loved the process of diving into an industry – gaining an insight around the tech defining the field, understanding tailwinds driving growth, and developing a conviction around the full potential of a space – as a means of identifying compelling investments. Equality’s approach of investing in a select group of market leading companies allows for our team to gain keen conviction around the industries our investments reside in, while leveraging our team’s domain experience to bolster growth. The opportunity to work alongside management teams and develop long-lasting relationships is incredibly rewarding!
Prior Experience
Michaela began her career specializing in industry research in a variety of software sectors with direct responsibility for origination and execution of buyout investments.
Education
Boston College – Carroll School of Management
Our Advisory Board
Our Advisory Board members provide diversity of thought, disciplines, industries, and backgrounds.
José Alvarez
Read BioKim Goodwin
Read BioBrent Henry
Read BioJay McGonigle
Read BioSusie Mulder
Read Bio
José Alvarez
José Alvarez is a leading expert in supply chain management logistics, marketing, and retail strategy. He is currently a member of the faculty at Harvard Business School. José most recently served as President and CEO of Stop & Shop, a subsidiary of Royal Ahold. Previously, he worked with Shaw’s Supermarkets, American Stores Company and Jewel Food Stores. José also served as a Board Director of TJX Companies for eleven years. José serves on the Board of Trustees of Princeton University and Daily Table and is Chairman of the Board of the Joyce Foundation. José earned an MBA from the University of Chicago, and an AB degree in History from Princeton University.
José most recently served as President and CEO of Stop & Shop, a subsidiary of Royal Ahold, NV. Previously, he worked with Shaw’s Supermarkets, as Vice President of Grocery Merchandising, and with American Stores Company and its subsidiary Jewel Food Stores, where he was Director of Market Research, Manager of Supply Chain Engineering, and Produce Category Manager. In his nearly 20-year career in the supermarket industry, José led across nearly every functional area of retail management.
José served as a Board Director of TJX Companies, the world’s premier off-price retailer of apparel and home fashions, from 2007 until 2018. He also currently serves as a Director at United Rentals, the largest equipment rental company in North America, where he is chair of the Nominating and Corporate Governance Committee. José also serves on the Board of Trustees of Princeton University and Daily Table and is chairman of the board of the Joyce Foundation.
José earned an AB degree in History from Princeton University and an MBA from the University of Chicago.

Kim Goodwin
C. Kim Goodwin is a highly accomplished and sought-after CEO, CIO, portfolio manager, and Board Director. Kim currently serves as CEO and Chief Investment Officer of Avanico Holdings in Puerto Rico. Previously Kim served as the Global Head of Equities for Asset Management at Credit Suisse Group, and as Chief Investment Officer of Equities and Managing Director of State Street Research. She also served as the CIO of U.S. Growth Equities at American Century Investment Management, and SVP and Portfolio Manager of Putnam Investment Management, and as VP and Portfolio Manager of Prudential Investments.
Kim has served in numerous Board Director roles and is currently a Non-Executive Director of PineBridge Investments, and an Independent Director of Popular Inc (BPOP) based in Puerto Rico. Previously, Kim served for many years on the board of Akamai Technologies Inc, along with CheckFree Corporation (acquired by FiServ in 2005), and as Director of various equity funds within the Allianz Global Investors family of funds. Kim also serves on the Board of Trustees and on the PRINCO endowment board of Princeton University.
Kim holds two Master’s degrees from the University of Texas at Austin: an M.B.A. degree in Finance from The McCombs School of Business and a Master of Public Affairs from The Lyndon B. Johnson School. Kim graduated with an AB cum laude in Politics from Princeton University.

Brent Henry
Brent has spent over thirty years advising health care clients on complex strategic, legal, and regulatory issues. Brent is a member in the law firm of Mintz Levin, Cohn, Ferris, Glovsky and Popeo P.C., and currently serves as the Vice Chair of the Princeton University Board of Trustees.
Previously, Brent was Vice President and General Counsel of Partners HealthCare, the largest hospital network in New England, with more than 70,000 employees and $12 billion in annual revenue. In that capacity, Brent oversaw the legal, internal audit, corporate compliance, and business ethics departments. Previously, he was Vice President and General Counsel at MedStar Health, a hospital system serving the Baltimore and Washington DC area. While at MedStar, Brent also taught health care law at both Howard University and the University of Maryland. Previously, Brent served as President of the American Health Lawyers Association, as Board member of Fiduciary Trust Company, and as Board Member of the Boston Symphony Orchestra.
Brent earned his AB from Princeton University’s Woodrow Wilson School of Public and International Affairs, his J.D. degree from Yale Law School, and a Master of Urban Studies from the Yale School of Art and Architecture.

Jay McGonigle
Jay has a thirty-year plus track record of leading, advising, and growing successful companies. Jay is the Lead Outside Director of FactSet Research Systems Inc. (NASDAQ: FDS) a provider of software and information to the financial services industry, where he has served for fifteen years. Before joining FactSet, Jay served as Chairman and CEO of the Corporate Executive Board Co. (NASDAQ: EXBD), a leading provider of best practices research and analysis, focusing on corporate strategy, operations, and general management issues, which he led through its spin-out in 1997 and IPO in 1999. Previously, Jay served as a consultant for McKinsey & Company in New York.
Jay has served as board member, angel investor, and senior advisor to numerous top information services companies. Jay served as a Board Member for SNL Financial, a provider of software and information services to the banking, real-estate, energy and media industries. Jay also serves as Advisory Board member at Motista, Inc. a provider of real-time information on customer “emotional connection” to marketers and brand managers in several industries. Jay also served as a Board Member of Ogone, a Brussels, Belgium-based online payments processing company serving retailers across Europe, and as a Director at Payscale, a company collecting, processing and disseminating compensation-benchmarking information through a SAAS model. Jay has served as an Adjunct Professor at Georgetown University’s McDonough School of Business, and a Visiting Professor at ESADE Business and Law School in Barcelona.
Jay earned an AB from Princeton University’s Woodrow Wilson School of Public and International Affairs, and a J.D. from Harvard Law School.

Susie Mulder
Susie has been both a CEO and a counselor to CEOs, for over twenty years. Susie is known as an exceptional growth-leader, people-leader, and creative thinker both with CEOs and her teams.
Susie is currently the Chief Executive Officer of NIC+ZOE, a privately-held woman’s apparel company, a role she has held since April 2012. Under Susie’s leadership, the NIC+ZOE brand has grown its wholesale footprint, has introduced and expanded the e-Commerce platform, opened multiple new NIC+ZOE branded retail locations, and diversified the product lines. Prior to joining NIC+ZOE, Susie was a Senior Partner with McKinsey & Company where she was a leader in the retail and consumer practice for fifteen years, specializing in marketing and organization. Well-known as one of the top mentors in the Firm, she led many of the Firm’s most successful recruiting efforts. Currently, Susie also serves on the Board of Directors of Sally Beauty, the world’s largest distributor of professional beauty supplies, where she serves on both the Compensation and Governance committees. Susie is also a member of the Board of Overseers of Boston Children’s Hospital.
Susie received her MBA from the Harvard Business School with distinction, and holds a Bachelor of Commerce degree with great distinction from McGill University in Montreal, Quebec.
Recent News
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Read Article
EQUALITY ASSET MANAGEMENT FORMS ADVISORY BOARD
Boston, Massachusetts, July 23, 2018 – Equality Asset Management (“Equality”) today announced that it has formed its Advisory Board, which will be responsible for providing Equality and its companies with strategic guidance, industry insight, and deep functional expertise. The board is comprised of the following six members, all who are seasoned executives with strong track records and diverse backgrounds: José Alvarez (Harvard Business School), Kim Goodwin (Avanico Holdings), Brent Henry (Mintz Levin), Jay McGonigle (FactSet), Susie Mulder (NIC+ZOE), and Luis Ubiñas (Electronic Arts).
“These six individuals are highly accomplished leaders in their fields,” said Thomas S. Roberts, Founder and CEO of Equality. “They are not only visionaries and thought-leaders, they are CEOs themselves, and long-time mentors to CEOs. Together, they provide a diversity of thought, disciplines, industries, and backgrounds. I am honored to have six such outstanding leaders join our Equality team.”
José Alvarez
José Alvarez is a leading expert in supply chain management logistics, marketing, and retail strategy. He is currently a member of the faculty at Harvard Business School. José most recently served as President and CEO of Stop & Shop, a subsidiary of Royal Ahold. Previously, he worked with Shaw’s Supermarkets, American Stores Company and Jewel Food Stores. José also served as a Board Director of TJX Companies for eleven years. José serves on the Board of Trustees of Princeton University and Daily Table and is Chairman of the Board of the Joyce Foundation. José earned an MBA from the University of Chicago, and an AB degree in History from Princeton University.C. Kim Goodwin
C. Kim Goodwin is an accomplished CEO, CIO, portfolio manager, and Board Director. Kim currently serves as CEO and CIO of Avanico Holdings in Puerto Rico, and is currently a NonExecutive Director of PineBridge Investments, and an independent Director of Popular Inc. (BPOP) based in Puerto Rico. Previously Kim served as the Global Head of Equities for Asset Management at Credit Suisse Group, and as CIO of Equities of State Street Research. Previously Kim served for many years on the Board of Akamai Technologies and CheckFree Corporation (acquired by FiServ in 2005), and as a Director of various equity funds within the Allianz Global Investors family of funds. Kim also serves on the Board of Trustees and on the PRINCO endowment board of Princeton University. Kim holds two Master’s degrees from the University of Texas at Austin, one in Public Affairs, an M.B.A. in Finance from The McCombs School of Business, and an AB cum laude in Politics from Princeton University.Brent Henry
Brent Henry has spent over thirty years advising health care clients on complex strategic and regulatory issues. Currently, Brent serves as the Vice Chair of the Board of Trustees of Princeton University, and as an Attorney at Mintz Levin. Previously, Brent was SVP and General Counsel of Partners HealthCare, the largest hospital network in New England. Brent also served as VP and General Counsel at MedStar Health, and taught health care law at Howard University and the University of Maryland. Brent earned a J.D. from Yale Law School, a Master of Urban Studies from the Yale School of Art and Architecture, and an AB degree from Princeton University’s Woodrow Wilson School.Jay McGonigle
Jay McGonigle has an exceptional thirty-year plus track record of leading, advising, and growing successful companies. Jay is the Lead Outside Director of FactSet (NASDAQ: FDS) a provider of software and information to the financial services industry. Previously, Jay served as Chairman and CEO of the Corporate Executive Board Co. (NASDAQ: EXBD), which he led through its IPO, and as a consultant for McKinsey & Company. Jay has also served as Board Member and Senior Advisor to numerous information services companies, including SNL, Motista, Ogone, and Payscale. Jay has also been an Adjunct Professor at Georgetown University’s McDonough School of Business, and a Visiting Professor at ESADE Business and Law School in Barcelona. Jay earned a J.D. from Harvard Law School, and an AB from Princeton University’s Woodrow Wilson School.Susie Mulder
Susie Mulder has been both a CEO and a counselor to CEOs, for over twenty years. Susie is currently the Chief Executive Officer of NIC+ZOE, a privately-held woman’s apparel company.
Prior to joining NIC+ZOE, Susie was a Senior Partner with McKinsey & Company where she was a leader in the retail and consumer practice for fifteen years, specializing in marketing and organization. Susie also serves on the Board of Directors of Sally Beauty, and on the Board of Overseers of Boston Children’s Hospital. Susie received her MBA from the Harvard Business School with distinction, and holds a Bachelor of Commerce degree with great distinction from McGill University in Montreal, Quebec.Luis Ubiñas
Luis Ubiñas is a well-known leader in the telecommunication, technology, and media industries.
Luis has led CEOs of Fortune 100 companies and significant nonprofit organizations for several decades. In the private sector, Luis is Lead Director of Electronic Arts (EA), and serves on the Boards of CommerceHub, Boston Private Financial Holdings, GFR Media, and Shorelight Education. Previously Luis was a Director at McKinsey & Company, leading the firm’s media practice on the West Coast. Additionally, Luis has had a distinguished record of leadership in the nonprofit sector. Luis is currently President of the Board of Trustees of the Pan American Development Foundation, and previously served as President of the Ford Foundation, on the Advisory Board of the United Nations Fund for International Partnerships, the New York Public Library, among many others. Luis received an MBA from Harvard Business School, where he graduated as a Baker Scholar, and earned an AB degree magna cum laude from Harvard University, where he was named a Truman Scholar and a John Winthrop Scholar.About Equality
Equality Asset Management is a growth-focused private equity firm with a mission to help build exceptional companies. Equality provides equity capital and strategic and operating support to companies with long-term growth potential in technology and tech-enabled healthcare. Equality typically invests $25 million to $150 million of capital per company for growth equity or to support shareholder recapitalizations. The firm is based in Boston. For more information, please visit www.equalityassetmanagement.com.
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Disclaimer
The investments referenced on this site were led by Tom Roberts, Gabriel Gomez, and Ned Schwartz while at Summit Partners, Advent, Drive, General Atlantic, and Norwest, and are not portfolio companies of any fund managed by Equality Asset Management. A full list of all investments in our investment team members’ track record, including information regarding their roles with respect to such investments, is available upon request.