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Avangate Acquires 2Checkout to Expand Payment Flexibility and Broaden Market Reach
Combined company will bring a unique combination of eCommerce and subscription management solutions to market through various payment models across the globe.
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John Keating joins Avangate
Avangate Appoints John Keating as Senior Vice President of Services and Support
Experienced SVP Brings Over 15 Years of Digital Commerce and SaaS Industry Expertise
Redwood City, CA - November 17, 2014 - Avangate, the leading Digital Commerce solution provider trusted by thousands of Software, Cloud and Online Services companies to grow their business worldwide, today announced the appointment of John Keating as Senior Vice President of Services and Support.
"We are laser focused on helping innovative companies launch and grow online revenue streams. John's expertise in multi-channel commerce and customer success will help us address the needs of the rapidly growing software and online services market," said Carl Theobald, President and CEO of Avangate. "John has a proven track record with over 15 years of experience leading services and support organizations at many fast growth companies and his deep knowledge of e-commerce will be a great benefit to our customers."
"The proliferation of online services demands a fully featured digital commerce solution that fosters long-term customer relationships," said John Keating, Senior Vice President, Services and Support at Avangate. "Avangate is redefining commerce for online service providers and software companies, enabling them to get to market quickly and sell globally. I look forward to helping drive and accelerate revenue for Avangate's customers."
Prior to joining Avangate, Keating was Vice President of Professional Services for the Americas at hybris Software, an SAP company. As the first North American employee of hybris, Keating oversaw sales, marketing, human resources and professional services as part of a successful expansion into the Americas region. After the acquisition of iCongo, Keating accepted responsibility for the combined services teams in the Americas, a role he retained after a subsequent acquisition of hybris by SAP. Prior to hybris, Keating was Director of Hosted Services at Orbitz and saw that organization through its initial public offering.
More information on the Avangate team can be found on the dedicated management team page.
About 2Checkout (formerly Avangate)
2Checkout, a Francisco Partners portfolio company, is the digital commerce & payments provider that helps companies sell their products and services via multiple channels, acquire customers across multiple touch points, increase customer and revenue retention, leverage smarter payment options and subscription billing models, and maximize sales conversion rates. The company’s clients include ABBYY, Absolute, Bitdefender, FICO, HP Software, Kaspersky Lab, and many more companies across the globe.
Avangate acquired 2Checkout in March 2017. More information about 2Checkout’s Avangate platform and related services can be found on www.avangate.com.
More information on 2Checkout can be found on www.2checkout.com
Media Contact
For media & PR inquiries related to Avangate, please contact:
Delia Ene, Avangate
Phone: +31 20 890 8080
Email:
press@avangate.com
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