Skip Besthoff
Managing Director at PSG
Greater Boston
Overview
Work Experience
Managing Director
2019 - Current
PSG is a growth equity firm that partners with software technology-enabled services companies to help them navigate transformational growth.
Chief Strategy Officer
2018 - 2019
Chief Strategy Officer for Verizon Connect, a leading global provider of mobile technology platforms and solutions automating, optimizing, and revolutionizing connections among people, vehicles, and things. Responsibilities include strategy development, corporate development and partnerships.
Global Head of Corporate Development
2017 - 2017
Corporate development leader for VerizonConnect, a leading consumer and commercial telematics company formed via the combination of Verizon Telematics, Fleetmatics (NYSE: FLTX) and Telogis. Focused on mergers and acquisitions in both North America and Europe.
Verizon Connect is a guiding connected world on the go by automating, optimizing and revolutionizing the way people.
Director Corporate Development
2016 - 2016
Member of corporate development team at Fleetmatics (NYSE: FLTX), a leading global provider of mobile workforce solutions for service-based businesses of all sizes delivered as software-as-a-service (SaaS). Focused on mergers and acquisitions in both North America and Europe.
FleetMatics is a SaaS-based GPS tracking system enabling small and medium-sized businesses to extract real-time data on vehicle activity.
Raised $93,000,000.00 from IVP, Investcorp and Pritzker Group Venture Capital.
CEO
2012 - 2016
Spearheaded turnaround of an early-stage software company in the content marketing industry. Recapitalized company, attracted new investors, rebuilt the team and successfully launched award-winning, best-in-class products. Gained major endorsements, developed customer base and grew revenues while maintaining strong expense discipline. Sought-after authority in SEO, content marketing and web analytics.
Advisor
2015 - 2016
Advisor to an early-stage venture capital fund focused on cognitive computing.
Advisor
2012 - 2016
Corporate development and M&A advisor to emerging growth companies.
General Partner
2008 - 2012
General partner in an early-stage venture capital fund focused on software and digital media investments. Investment and portfolio activities included ByAllAccounts (acquired by Morningstar), Optiant (acquired by Logility) and HealthGuru (acquired by Propel Media).
Principal
2000 - 2008
Principal (promoted from associate) in a leading multi-stage, multi-sector technology venture capital firm with broad industry focus including software, digital media, telecommunications and clean-tech. Investment and portfolio activities included Everdream (acquired by Dell), Intralinks (IPO: IL), MPV (acquired by Experian), Megapath, Nuventix, Verified Person, and Vidyo.
Rho Capital Partners is a private equity firm that offers long-term investments to IT, new media, healthcare, and energy tech companies.
Senior Consultant
1999 - 2000
Senior consultant focused on growth strategy development for small- and mid-cap technology companies.
Manager
1992 - 1997
Technology and process re-engineering consultant with a particular emphasis in SAP implementations in the technology and medical device industries.
Accenture Ventures is a venture capital firm arm of Accenture, delivers innovative solutions with strategic partnerships and investments.