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Advent International Appoints Mike Ettling as Operating Partner - InforCapital

Advent International appoints Mike Ettling as Operating Partner to enhance enterprise tech investments and to drive enterprise growth.

AM
Alvaro de la Maza

Partner at Aninver

Key Takeaways

  • Sector: Technology Software & Gaming.
  • Geography: United Kingdom.

Analysis

Advent International, a global private equity firm, has announced the appointment of Mike Ettling as an Operating Partner. Ettling will focus on identifying new investment opportunities in the enterprise technology sector, overseeing portfolio company initiatives, and contributing to leadership and culture development within Advent.

Ettling brings over 30 years of experience in the enterprise software industry. He currently serves as the Executive Chairman of SYSPRO, a digital manufacturing technology provider. Previously, he held executive roles including CEO of Unit4, a cloud ERP software vendor, and President of SAP SuccessFactors, a leader in cloud-based human capital management solutions.

“We have had the privilege of working with Mike for over a decade and are delighted to welcome him as an Operating Partner,” said Eric Wei, Managing Director at Advent. “Mike has a rare blend of deep enterprise software expertise and hands-on leadership experience. His ability to balance product strategy, customer focus, and revenue growth, while also prioritizing continuous improvement, will help support the high-performing companies that we continue to build across our technology portfolio.”

Ettling expressed enthusiasm about his new role, stating, “I've seen firsthand how private equity, when combined with the right leadership and strategy, can unlock significant value. Advent's approach goes beyond providing capital; they bring strategic insight, operational expertise, and a collaborative spirit that empowers CEOs to achieve long-term growth. I'm looking forward to contributing to the success of Advent's portfolio and helping ambitious companies achieve transformational growth and innovation.”

Advent has a strong presence in the technology sector, with over 100 investments in more than 25 countries. The firm is recognized for partnering with high-growth companies focused on innovation and scalability.