BOSTON--(BUSINESS WIRE)--Oct 29, 2024--
Silversmith Capital Partners, a growth equity firm focused on supporting the best entrepreneurs in technology and healthcare, today announced that technology industry veteran Chris Hecht has joined the firm as an Operating Partner. Chris brings extensive experience in scaling market-leading companies within technology sectors that are core to Silversmith’s focus, including software, SaaS, and data-driven platforms. In this newly created role, he will work closely with the Silversmith investment team to support deal origination and diligence and with portfolio companies to drive value creation as they continue to grow and scale their businesses.
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Chris Hecht Operating Partner Silversmith Capital Partners (Photo: Business Wire)
“We are thrilled to welcome Chris to the team,” said Silversmith General Partner, Sri Rao. “Having worked closely with Chris over the past decade, I’ve seen firsthand the tremendous impact he’s made at companies like Salesforce, Atlassian, and Databricks. Our relationship has only deepened through his work as a board member at Apryse and AppHub, along with his work with other portfolio companies including Appfire and Constructor. His deep understanding of scaling software companies and his close ties to our team make him a perfect fit for Silversmith.”
Over his career, Chris has successfully led more than 40 M&A transactions at industry-leading technology companies. At Salesforce, he drove M&A efforts that included more than 20 acquisitions worth over $10 billion in aggregate deal value, including MuleSoft and Demandware. At Atlassian, Chris built the corporate development function, leading 10 acquisitions/divestitures and scaling the company’s integration capabilities, while also launching Atlassian Ventures. Most recently, at Databricks, Chris led the corporate development team, overseeing 10 acquisitions, including MosaicML and Tabular, and played a key role in scaling the company’s ecosystem by spearheading Databricks Ventures, product partnerships, and startup initiatives.
“Getting to know Silversmith over the past nine years, I have been impressed not only by the Silversmith team’s success as growth equity investors, but by their nimble approach to investing and working so constructively with the portfolio companies,” said Chris Hecht. “What sets the firm apart is their unwavering commitment to collaborating closely with entrepreneurs. Their partnership-driven culture and focus on creating long-term value resonate deeply with me. I look forward to leveraging my experience in scaling businesses to help continue to drive success for both the firm and its portfolio companies.”
Chris earned his BA from Colorado College and received an MBA in Finance from UCLA Anderson School of Management.
About Silversmith Capital Partners
Founded in 2015, Silversmith Capital Partners is a Boston-based growth equity firm with $3.3 billion of capital under management. Silversmith’s mission is to partner with and support the best entrepreneurs in growing, profitable technology and healthcare companies. Representative investments include ActiveCampaign, Appfire, Apryse, DistroKid, impact.com, Iodine Software, LifeStance Health, Onbe, and Webflow. For more information, including a full list of portfolio investments, visit www.silversmith.com or follow the firm on LinkedIn.
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CONTACT: Press:
Kate Castle
Silversmith Capital Partners
617-670-4345
kate@silversmith.com
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