The Elephant in the Room – A Discussion of PE/VC in Association Technology
The association industry has undergone a significant transformation with the acquisition of various association software systems by Private Equity (PE) and Venture Capital (VC) firms. This not only affects the products themselves but also the support services provided to associations. So, what should associations consider when working with these companies? And what insights can we gain from other industries that have gone through similar changes?
This month, we are joined by Brendan Ballou, a federal prosecutor who served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division. Brendan, who also authored “Plunder: Private Equity’s Plan to Pillage America,” will kick off the discussion with an overview of this phenomenon and how it has reshaped American businesses. We will also hear from association industry panelists who share their first-hand experience.
Key Takeaways:
- Gain a better understanding of the role of PE and VC in the private sector and association space.
- Recognize the significance of considering these issues when selecting a new software system for your association.
- Engage in a discussion about the current implications for the association ecosystem and how to effectively navigate them moving forward.
How to Submit Questions
- Register for the program and submit your question/s in the registration form.
- Think of additional questions after you register? No problem. Just email additional questions to theciohour@501works.com during the month to have new questions added to the next month’s 501 CIO Hour.
- Ask questions during the program via the chat function.
The CIO Hour will be recorded each month in case you miss it. However, we hope you attend and engage with the industry experts and other participants regularly so you continue to boost your IT-IQ.
Speakers
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Brendan BallouSpecial Council, US Department of Justice, and AuthorBrendan Ballou is a federal prosecutor and served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division. Previously, he worked in private practice, and before that, in the National Security Division of the Justice Department, where he advised the White House on counterterrorism and other policies. He graduated from Columbia University and Stanford Law School. He is also author of Plunder: Private Equity’s Plan to Pillage America.
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Rick BawcumCEO, CimatriRick Bawcum is the CEO at Cimatri, a professional services firm specializing in digital transformation for associations and non-profits. He is an author and frequent presenter on the impact of disruptive technologies ranging from the Internet of Things (IoT) to Artificial Intelligence (AI) and Blockchain.
Rick serves multiple association clients as their virtual CIO/CTO, and is a sought-after strategic advisor to associations and non-profit organizations in the US and abroad.
