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Teakwood Capital Named Finalist in Tech Titans Awards Program
  • USA - English


News provided by

Teakwood Capital

Jul 11, 2016, 15:00 ET

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Dallas, Texas (PRWEB) July 11, 2016 -- Teakwood Capital, a Dallas, Texas private equity firm, today announced it has been named a finalist in the Investment Catalyst category as part of the 16th annual Tech Titans Awards. The Tech Titans Awards recognize outstanding technology companies and individuals in North Texas who have made significant contributions to their industries over the past year.

Our firm has a stellar track record of creating viable and productive investment opportunities, which is evidenced by the performance of our portfolio companies to date.

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“With seven completed investments in the Metroplex since Teakwood’s inception in 2005, the firm continues to be active in generating strategic investment opportunities across Texas,” said Shawn Kelly, Managing Director at Teakwood Capital. “Our firm has a stellar track record of creating viable and productive investment opportunities, which is evidenced by the performance of our portfolio companies to date. We are honored to be recognized by this year’s Tech Titans Awards program.”

The Investment Catalyst category recognizes organizations for completing significant technology-related investment transactions that will impact and deliver significant long-term prosperity for the D/FW Metroplex. In early 2016, Teakwood Capital saw a potentially disruptive opportunity for the payroll industry in UK-based iiPay, and in February made a growth capital investment in the cloud-based payroll services company to further enhance operational infrastructure related to iiPay’s global technology platform that serves more than 250 clients and payrolls in over 120 countries.    

“The Tech Titans Awards are the premier recognition of innovative technology companies and individuals who contribute to the vibrancy and success of North Texas,” said Bill Sproull, President and CEO of Tech Titans. “These finalists are an elite group who make a difference building tomorrow’s technology community with their innovation, leadership and advocacy. We look forward to highlighting the groundbreaking advancements that continue to impact North Texas and the world.”

Winners will be revealed at the Tech Titans Awards Gala on Friday, August 19 at the Hotel InterContinental in Dallas.

About Teakwood Capital
Teakwood Capital is a Dallas, Texas private equity firm that invests in profitable technology-focused companies with revenues below $25 million that are interested in accelerating growth with expansion capital and top-tier talent. The firm typically focuses on companies in Texas and neighboring states, and has deep, hands-on operating experience complemented by an Executive Partner team of successful ex-CXOs working closely with portfolio company management teams to create value through organic revenue growth, operational improvements, and sustainable intellectual property. For more information, visit http://www.teakwoodcapital.com.

About The Tech Titans Awards
The Tech Titans Awards were launched in 2001 by the Metroplex Technology Business Council, North Texas’ most comprehensive organization supporting technology. The prestigious annual contest recognizes outstanding technology companies and individuals in the North Texas area who have made contributions during the past year locally, as well as to the technology industry overall. The Tech Titans committee is a group of dedicated volunteers who organize the awards ceremony each year, and judges for the contest are drawn from a variety of disciplines in technology, leaders in the DFW area and past winners. For more information, visit http://www.techtitans.org.

About Tech Titans
Tech Titans includes a diverse group of technology leaders from start-ups to Fortune 500 companies from North Texas who collaborate, share and inspire creative thinking that fuels tomorrow’s innovations. As part of its goals, Tech Titans is active in:
• Cultivating a technology community of companies, entrepreneurs, investors and students
• Growing future tech leaders with its talent and workforce development initiative
• Advocating technology’s advancement in governmental arenas
• Connecting people and inspiring innovative ideas through its special interest forums and annual Awards Gala

Tech Titans is the largest technology trade association in Texas, representing individuals and more than a quarter million employees through 300 member companies. More information about Tech Titans can be found at http://www.techtitans.org.

Allison Burum, Teakwood Capital, http://www.teakwoodcapital.com, +1 (214)392-5545, [email protected]

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