Ric leverages 30+ years of business leadership, value creation, and investing experience in the software industry.
Ric joined PeakEquity as a Partner in 2015. Ric spent five years at Milestone Partners where he helped to implement a robust value creation and portfolio management program and more recently led their software and technology enabled services investing practice. Ric served on the board of Image API, as well as EnterpriseDB for Milestone. Prior to Milestone, Ric spent five years at Silver Lake Partners where he was hired to build and co-lead their value creation team. At Silver Lake, Ric was engaged in many of the firm’s investments and portfolio companies and sat on the boards of Sabre and Avaya.
During his tenure with Price Waterhouse, PwC Consulting, and IBM, Ric was a senior partner who built and managed enterprise software / ERP businesses, as well as business process outsourcing operations. He spent much of his early career leading large-scale enterprise software and business process improvement programs for Fortune 500 companies across a variety of industries. While at PwC Consulting, Ric played a central role in planning for and executing the sale of the PwC Consulting business to IBM in 2002 as well as the post-deal integration activities.
Ric currently serves on the boards of G5 and CareerArc and previously served on the board of Valiant Solutions for PeakEquity. He is an independent director of Vertex, a publicly traded, enterprise software company, as well as American Public Education Inc., a publicly traded, fully accredited online university. He also serves on the board of the Barra Foundation, a large charitable foundation.
Ric is a member of the American Institute of Certified Public Accountants. He holds an MBA from the Wharton School at the University of Pennsylvania and a BS from Bucknell University.
Ric is an avid musician and plays guitar and sings in a 5-piece rock band that has been together for over 10 years. He is the father of two sons both in their 20’s and has been married to his wife Gretchen for over 32 years. He is also an avid golfer and wine collector (and drinker).