Genstar Portfolio Company ConvergeOne Names Steven Mankoff Director
6/12/2007
Former Siebel Systems Executive Brings Experience From Various Disciplines To Help Grow Maintenance, Services And Support OperationsContact: Chris Tofalli914-834-4334ctofalli@gencap.comCOATESVILLE, PA, June 12, 2007 — ConvergeOne, a leading value added solutions provider (VASP) and portfolio company of Genstar Capital, LLC, a middle market private equity firm that focuses on investments in selected segments of the life science and healthcare services, industrial technology, business services and software sectors, today announced the appointment of Steven Mankoff as a member of the Board of Directors. ConvergeOne Chairman and Chief Executive Officer John Stuart, said, “Steve brings extensive background in key areas of opportunity for ConvergeOne. Specifically his knowledge of the software industry as well as the services business will allow ConvergeOne to aggressively expand product offerings in both areas. The in-house maintenance program is critical to future value creation and we look forward to leveraging Steve’s expertise.”From 1994-2006, Mr. Mankoff was with Siebel Systems where he was an officer of the company and a member of Siebel’s Founders Circle. As Senior Vice President Global and Technical Services, he was responsible for Siebel’s global Expert Services, Education, Professional Services, Quality Engineering, Technical Account Management, and Technical Support organizations and Customer Satisfaction and Offshore Development programs. Mr. Mankoff worked closely with many of Siebel’s largest customers to help ensure the success of their Siebel CRM implementations. In the seven years prior to Siebel, he held various product, marketing, and sales management positions at several software companies including Oracle. Mr. Mankoff earned a Master of Science in Management from the MIT Sloan School and a Bachelor of Science in Electrical Engineering from Brown University.Genstar Capital acquired ConvergeOne in June of 2007. The addition of Mr. Mankoff brings the number of ConvergeOne directors to five, including Genstar Managing Director Darren Gold and Operating Partner Mark Hanson.ConvergeOne has three operating companies: North American Communications Resource, Inc., headquartered in Eagan, MN; Combest, based in Atlanta; and S-1 IT Solutions, headquartered in Boise, Idaho.About ConvergeOneConvergeOne, headquartered in Coatesville, PA, is a leading value added solutions provider (VASP), serving as a critical link between OEMs and end users providing essential consulting and project management services related to custom design, installation, implementation and maintenance of communication solutions. ConvergeOne, through its family of national VASPs, offers a “one-stop” destination for its broad spectrum of valued customer relationships, providing in-depth technical expertise and total solution focus. Custom services include converged networks and unified communication solutions, call centers, system design, implementation, integration, maintenance, data storage and archiving and other professional services primarily for mid-sized and enterprise businesses.About Genstar Capital, LLCBased in San Francisco, Genstar Capital (www.gencap.com) is a private equity investment firm that makes leveraged investments in quality middle-market companies. Genstar Capital works in partnership with management to transform its portfolio companies into industry-leading businesses. With more than $3 billion of committed capital under management and significant experience investing in businesses, Genstar focuses on selected segments of the life science and healthcare services, industrial technology, business services and software sectors.###