Case studies

We actively engage with our portfolio companies to support them in the execution of key initiatives. Below are a few areas we have specifically been able to drive value for our portfolio

Business

Strategic Partnerships

"I highly value my partnership with Serent. Since day one of the investment, the team at Serent has been committed to our company culture and the values we stood for, all while helping us reach new levels of growth and innovation."

John Long, CEO Avionté

SERENT INVESTMENT TEAM

Description

Avionté’s software serves as the system of record for a large amount of payroll data in the tem staffing industry. Many HR service providers (tax credits, background checks etc.) needed to access this data to sell to temp staffing agencies

Actions

  • Serent negotiated revenue sharing agreements with leading WOTC and background check providers to lay the groundwork for the program
  • Avionté hired a director of partnerships to identify and implement new partnerships

Outcomes

Partnership revenue now accounts for over 10% of Avionté’s annual recurring revenue