Accomplished Sales Executive Joins to Drive Growth
ROCKVILLE, MD—November 29, 2018— StarCompliance, an industry leader in compliance monitoring solutions, today announced that they are welcoming a new Chief Revenue Officer to the executive team. Paul Hebert, a 30-year veteran of the financial services and technology industries, brings his entrepreneurial and executive experience to Star’s sales and marketing team to expand the company’s market presence and value across the financial services market.
Hebert comes from Ipreo, a global provider of workflow solutions and market intelligence to financial services, where he most recently served as Executive Vice President of Corporate Investor Relations. He spent most of his career managing global sales across investment banks, publicly traded companies and the private capital markets. Hebert was a key contributor to the executive management team at Ipreo, a portfolio company of Blackstone and Goldman Sachs Merchant Banking which was acquired by IHS Markit in August. Over the last ten years, Hebert built the firm’s sales process from the ground up while achieving aggressive revenue goals and overseeing a global team of over 300 employees.
“I am very excited to be working with Paul again” said Jennifer Sun, CEO of StarCompliance. “He and I worked closely together at Ipreo when Paul ran global sales for our Global Markets Group achieving double digit top line growth annually. His leadership style and ability to develop, motivate and scale a sales team are exactly what we are looking for as we expand deeper into the market.”
“Star has done a great job thus far of making a name for itself within financial services with top tier customers across asset management, investment banks, private equity and the insurance sector. We need to build upon that base to help more companies access the critical compliance solutions they need. I look forward to bringing my skills and experience to the team to help achieve those goals.”
StarCompliance is a portfolio company of Luminate Capital Partners, a private equity firm dedicated to investing in vertical applications, SaaS, back office and supply chain, marketing automation, e-commerce, data and analytics and software-enabled services. Luminate partners with each company to maximize its growth potential and sustain operational excellence.
StarCompliance is the leading provider of compliance technology solutions. Trusted globally by enterprise financial institutions, the intuitive STAR Platform empowers organizations to achieve regulatory compliance while safeguarding their integrity and business reputations. Through a customizable, 360-degree view of employee activity, the STAR software enables firms to automate the detection and resolution of potential areas of conflict while streamlining daily workflows and increasing efficiency. www.starcompliance.com
About Luminate Capital Partners
Luminate Capital Partners is a private equity firm focused on making investments in growing enterprise software companies. Luminate partners with management teams to provide flexible capital and operational support to drive strategy, accelerated growth and build long-term value. With headquarters in San Francisco, Luminate invests in portfolio companies that serve customers globally. Representative investments to date include AMTdirect, Comply365, Conexiom, Fintech, Oversight Systems, PDI and StarCompliance. www.luminatecapital.com.