Tim Wright
General Partner
Tim has over 30 years of operating experience in various technology industries and the combined value of the exits he has been involved with is over $17 billion. He has also overseen 44 mergers and acquisitions during his operating career. Tim brings a wealth of operational and technology experience to the team. Tim currently represents GrandBanks Capital on the boards of Beamable, Career Spark, Dispatch, and MAVRCK.
He also sponsored and managed GrandBank Capital’s investment in xkoto, which was sold to Teradata in May 2010. Tim managed and sold Achievers to Blackhawk Network in June 2015 and managed Nexage through its sale to Millennial Media and subsequent sale to AOL in October 2015. In 2021, Tim was instrumental in managing the sale of Celtra to Symphony Technology Group, the sale of Cobalt to FactSet, and the strategic majority investment by Summit Partners in MAVRCK. More recently, in 2022, Tim led the merger of Coherent Path with Movable Ink.
Background
Prior to joining GrandBanks Capital in 2007, Tim held several key operating roles at Geac Computer Corporation (TSX: GAC; NASDAQ: GEAC). Tim was Chief Executive Officer of all Geac’s business outside of the U.S. (Europe, Middle East, Africa, Asia and Pacific), responsible for approximately $220 million of the Company’s $440 million in total revenue, and for managing 1,300 people in 20 countries. In March 2006, Geac was acquired by private equity firm, Golden Gate Capital, for $1.0 billion in cash. This acquisition represented a more than 300 percent appreciation in the market capitalization of the business during his tenure with the Company. Prior to Tim being named CEO of Geac’s non-U.S. businesses, he was a Senior Vice President and Chief Technology Officer, as well as Chief Information Officer.
From November 1999 through December 2002, Tim served as a Senior Vice President, Chief Technology Officer, and Chief Information Officer at Terra Lycos S.A.(NASDAQ: TRLY; MADX: TRR), a company possessing the largest global footprint of any Internet group at the time. Tim was responsible for the integration of nine companies that were acquired by Terra Lycos, including Gamesville, a SOFTBANK Venture Capital investment led by Charley Lax.
From 1992 through October 1999, Tim worked at The Learning Company (“TLC”) in a variety of roles, including Senior Vice President and Chief Information Officer. At TLC, Tim was responsible for the technical diligence and integration of 25 acquired company technologies into existing TLC systems. Throughout his eight years at TLC, Tim played an integral role in the development and growth of the Company, including its $3.8 billion sale to Mattel in May 1999. At the time of the sale, TLC was the number one player in consumer education and home productivity software markets.
Education
Tim received his Bachelors of Science degree, summa cum laude, from City University in London.
Interests
Tim was a former member of the Board of Directors for LookSmart, Ltd., served on the Advisory Boards of both Storage Networks (NASDAQ: STOR) and Teradata, and is a frequent speaker at various industry events. Tim also served on the Board of Trustees of the Brimmer and May School in Newton, Massachusetts.