David Walsh is a managing partner Kayne Anderson Capital advisors’ growth private equity strategies.

Walsh has a record of successfully starting, acquiring and turning around technology and telecommunications companies. Previously, Walsh worked in corporate finance at Ernst & Young. In 1988, he became a partner in the buyout fund Maiden Lane Associates. In 1991, Walsh acquired a bankrupt technology company, Card*Tel Inc., and later sold the company to Transaction Network Services, Inc. at a ten times return for shareholders. Walsh continued to develop the business for TNS until 1999, when TNS was acquired by PSINet. Walsh then started FortuneLinX, a provider of real-time revenue assurance systems to the telecommunications sector, which was acquired two years later.

Walsh earned a B.S. summa cum laude from the State University of New York at Geneseo and an M.B.A. from Harvard Business School.

 

Current Investments

  • Atlas RFID, LLC
    Atlas RFID Solutions – Technology Enabled Materials Tracking for Oil and Gas Construction

    Founded in 2007, Atlas RFID provides materials management software solutions (“Jovix”) for industrial construction projects. Jovix allows customers to better track materials, which saves money by reducing the time and cost to locate and replace lost materials. Atlas targets projects that are over $1.0 billion in total spend in the oil and gas, nuclear and power sectors.

    Status: Active
    Location: Birmingham, AL
    Initial Investment: 2014
    Industry: Supply Chain & Logistics
    Website: https://www.atlasrfid.com
    KPF Board Member: David Walsh
    Board Observer: Nishita Cummings

  • FaceFirst
    FaceFirst – Facial Recognition Biometrics

    Founded in 2017, FaceFirst provides facial recogntion software solutions that can analyze 1 million facial comparisons per second. FaceFirst works with large retailers, security organizations and state and local municipalities to prevent crime and apprehend wanted fugitives.

    Status: Active
    Location: Encino, CA
    Initial Investment: 2012
    Industry: Security & Compliance
    Website: https://www.facefirst.com/
    KPF Board Member: David Walsh
    Board Observer: Andrew DeYoung

  • CellTrust
  • Search Optics
    Search Optics – Automotive Digital Marketing

    Founded in 1998, Search Optics provides an integrated digital marketing platform for the North American automotive industry, including leading manufacturers such as Chrysler, General Motors, Ford, Honda, Nissan and Toyota. The Company provides a bundled digital marketing subscription package consisting of (a) managed media spend, including managed paid search and display advertising, and (b) software-based services, including desktop and mobile website development, search engine optimization, local search, social media and reputation management and email marketing.

    Status: Active
    Location: Carlsbad, CA
    Initial Investment: 2013
    Industry: Media & Telecom
    Website: https://www.searchoptics.com
    KPF Board Member: David Walsh
    Board Observer: Nate Locke

  • Source Intelligence
  • Zafin Labs
    Zafin – Financial Technology Software

    Founded in 2007. Zafin is a provider of pricing and product lifecycle management and predictive analytics software for financial institutions. The Company’s integrated suite of tools increases transparency and control for product managers and relationship managers at financial institutions, enabling for deeper and more profitable client relationships. Zafin’s target customers are global financial institutions, Tier-1 Banks, regional banks, community banks and other niche financial services providers.

    Status: Active
    Location: Vancouver, BC
    Initial Investment: 2014
    Industry: Financial Technology
    Website: https://zafin.com
    KPF Board Member: David Walsh
    Board Observer: Nishita Cummings

Past Investments

  • 3C (exited: IMIMobile)
    3cinteractive – Enterprise Mobile Communications

    Founded in 2015, 3C provides software that allows large companies to communicate with their customers via mobile devices. Leveraging 3C’s expertise connecting mobile to business results and its SwitchbladeTM platforms multichannel capabilities – including SMS and MMS messaging, mobile coupons, mobile wallet, mobile web, location based services and more – marketers can deliver timely, relevant engagement at the consumers’ moment of need.

    Status: Exited
    Location: Boca Raton, FL
    Initial Investment: 2011
    Industry: Media & Telecom

    Image result for imimobile


    Exit Press Release
    KPF Board Member: David Walsh

  • ndover Healthcare (exited: Milliken & Company)
    Andover – Medical Tapes Manufacturer

    Founded in 1976, Andover Healthcare is a manufacturer of cohesive bandages, wound care dressings, and medical tapes for the healthcare, veterinary, and sports medicine markets.

    Status: Exited
    Location: Salsbury, MA
    Initial Investment: 2012
    Industry: Healthcare

    Image result for milliken logo


    Exit Press Release
    KPF Board Member: Terry Quinn

  • Consero (exited: BV Investment Partners)
    Consero – Outsourced Financial and Accounting Solutions

    Founded in 2006, Consero provides finance and accounting (“F&A”) outsourced services to small and medium sized businesses, targeting companies with $0.5M-$50.0M in revenue. Consero’s services and integrated third party software applications help customers address complex finance requirements, scale operations, and reduce F&A expenses by up to 30% to 40%.

    Status: Exited
    Location: Boca Raton, FL
    Initial Investment: 2015
    Industry: Business Process Automation

    Image result for bv investment partners logo


    Exit Press Release
    KPF Board Member: Leon Chen Board Observer: Rob Shilton

  • Cryptzone (exited: BC Partners)
    Cryptzone – Enterprise Level Cybersecurity

    Founded in 2003, Cryptzone is an enterprise-level cyber-security platform focused on identity access management and encryption. Cryptzone’s product portfolio enables an organization to security connect, collaborate, and comply with today’s digital workplace.

    Status: Exited
    Location: Waltham, MA
    Initial Investment: 2015
    Industry: Security & Compliance

    Image result for bc partners logo


    Exit Press Release
    KPF Board Member: David Walsh

  • Starmount (exited: Infor)
    StarMount – Mobile POS and Back-End Software

    Founded in 2006, Starmount provides mobile point-of-sale solutions for large brick and mortar retailers. Since inception, Starmount has been focused primarily on professional service engagements revolving around the implementation of Oracle POS solutions into brick and mortar retail stores. These engagements have reduced inefficiencies created by the use of disparate back office retail locations.

    Status: Exited
    Location: Austin, TX
    Initial Investment: 2013
    Industry: Supply Chain & Logistics
    Exit Press Release
    KPF Board Member: David Walsh
    KPF Board Member: Nishita Cummings
    Board Observer: Rob Shilton

  • You.i (exited: AT&T – WarnerMedia)
    You.i – User Interface Software

    Founded in 2008, You.i is a technology company whose patented engine allows a single universal codebase to run multi-screen video applications across media devices with the same user interface, such as mobile phones, tablets, game consoles, amert TVs, and set-top boxes. You.i targets blue chip media companies looking to launch over-the-top offerings competitive to Netflix.

    Status: Exited
    Location: Ottawa, ON
    Initial Investment: 2015
    Industry: Media & Telecom

    Image result for at&t logo png


    Exit Press Release
    KPF Board Member: Leon Chen
    Board Observer: Andrew Deyoung