Co-Investors Kennet Partners and Joe Wang Invest $17 Million to Acquire Majority Ownership of Leading SaaS-Based PRM Platform Provider TreeHouse Interactive


SALT LAKE CITY, Utah – March 11, 2015 – TreeHouse Interactive™, the technology leader in SaaS-based partner relationship management (PRM), announced today that Kennet Partners and co-investor Joe Wang have acquired majority ownership of the software company. Wang, who has already made his mark in the Utah high-tech community as president and CEO of local software powerhouse LANDesk Software, will lead the fast-growing PRM market leader as the new chairman and CEO. The company’s sole shareholders Craig Flynn and Erich Flynn will remain with the company and collaborate with Wang in leadership positions in development and sales. Craig Flynn will continue to drive product engineering and innovation in his role as executive vice president of engineering. Erich Flynn will expand and lead the company’s sales efforts as chief revenue officer.
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