Ticketer appoints new CEO
Today, Ticketer, the leading smart bus ticketing and technology provider, has released news that, after eleven years as CEO, John Clarfelt will be handing over the reins to Andy Monshaw, who will now oversee all of the Group’s operations. John has made the decision to transition into the role of Founder.
Andy brings over 25 years of international experience across technology and service businesses. He also sits on the board of several technology start-ups. As the new leader of the company, he will drive the next stage of growth across the Ticketer Group, which includes UK-based Ticketer and Nordics-based FARA, support customers and take the lead on continued expansion.
In the new Founder role, John will remain fully involved in the business and on the Group Board.
Andy Monshaw, Ticketer UK and Group CEO, said: “Ticketer has grown the business at a phenomenal rate over the last eleven years and I am incredibly excited to join the team at such a pivotal time. I am especially excited about continuing to have support from John as he helps to transition this great company to the next phase.”
John Clarfelt, Founder of Ticketer, said: “As my friends in the industry will know, Ticketer, our team and our customers, are in my soul. And as every great business needs to keep evolving, our plan has always been to introduce new blood into the business, to keep driving Ticketer forward and leading innovation for public transport. The timing has been down to finding the right person for this role – clearly not only with the competency and passion to continue to develop the business but, equally important, to continue the Ticketer Group ethos, where our team and customers are at the very centre of all we do.”
Guy Gillon, Founder and Co-Managing Partner of Tenzing, said: “It’s always a privilege to partner with amazing businesses, such as the Ticketer Group, but going on the journey with a founder as inspiring as John makes it super special. We’re delighted that John has selected such an impressive CEO successor in Andy, particularly with such a strong cultural fit with the Ticketer family. We’re excited to continue to work with John to help fulfil the potential of the Ticketer Group, with the same success, fun and laughter that follows John around.”
Andy will begin the role of CEO on 2nd November 2020. For more information, please visit www.ticketer.com/en/press-article/andy-monshaw
Tenzing is an independent private equity firm, based in London, that targets buyout investments in high growth businesses, valued between £10m and £100m, across the UK, Ireland and Northern Europe. Founded in 2015, the firm invests in tech and tech-enabled niche market leaders and challenger businesses.
The firm believes in supporting, inspiring, and investing alongside high energy, high-performance management teams with which it has a shared vision. Tenzing brings unique access to a select group of entrepreneurs, its Entrepreneurs Panel, who have founded and grown some of the best lower middle market SMEs through multiple successful phases of private equity investment.
Access to this entrepreneur-led growth team provides the Tenzing portfolio companies with unrivaled insight, experience, and mentoring to support their high growth development.
For more information, please visit: https://tenzing.pe