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Serent Capital Invests in Sys2K

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Sys2k

Sys2K, a provider of dealer management software for the specialty vehicle industry, has partnered with Serent Capital, a San Francisco-based private equity firm focused on investing in high-growth technology and services businesses.

Sys2K’s comprehensive software delivers an end-to-end solution to increase the effectiveness and efficiency of inventory management, CRM, quoting, accounting, payroll, and service scheduling, among others.

“Since the very beginning, we’ve been focused on delivering the best, most innovative solutions to our customers. For the last 34 years, customer service has been the foundation of our business,” said Carl Sconnely, Sys2K founder. “Through working with Serent – an investment partner who brings resources and expertise – now we have the opportunity to reach even more customers and with more innovation.”

“Sys2K’s track record of innovation and customer service provides a compelling foundation for growth,” said incoming CEO George Naspo. “With the additional resources at our back, our ability to surprise and delight our customers will only continue to grow.”

Serent’s investment in Sys2K is its third investment in the automotive market, including Tricolor Automotive Group and CallRevu. Cassel Salpeter & Company represented Sys2K in the process.

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