StageAcquired | Acquired
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Expert Collections containing Allegro Development Corporation
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Allegro Development Corporation is included in 1 Expert Collection, including Oil & Gas Tech.
Oil & Gas Tech
This collection includes companies from upstream, midstream, and downstream sectors of the Oil & Gas industry, as well as companies focused on sustainable fuels. Sectors are tagged by general focus of the company (even if the tech works across sectors).
Latest Allegro Development Corporation News
Mar 30, 2023
Seasoned industry veteran to take the reins and lead RegEd to its next level of growth as John Schobel assumes board position to focus on strategic imperatives and M&A March 30, 2023 11:00 ET Morrisville, North Carolina, UNITED STATES Raleigh, NC, March 30, 2023 (GLOBE NEWSWIRE) -- RegEd, the market-leading provider of enterprise regulatory compliance solutions to insurance companies and financial services firms, is pleased to announce that Frank Brienzi, an industry executive with 35 years’ experience driving growth in large and mid-market companies, will assume the role of CEO of RegEd. RegEd is a portfolio company of Gryphon Investors, a leading middle-market private equity firm. Brienzi is a highly accomplished business leader with significant CEO experience. Most recently, Brienzi was the CEO of Allegro Development Corporation in Dallas, which was sold to ION Capital, and prior to that he was the President of Misys in London, owned by Vista Equity Partners. Brienzi started his career at EDS, was a long-term partner at Accenture, and was SVP and MD at Oracle running their Global Financial Services Business Unit for Banking, Insurance and Capital Markets. For the past three years Brienzi has served as Executive Chairman at RegEd, working closely with John Schobel, RegEd’s founder and CEO, and members of the RegEd Leadership team, which will ensure a smooth transition and accelerate growth and operational plans. Brienzi commented, “It is a true privilege stepping into the CEO role at a company that has been and will continue to be the leader in its RegTech space. I have admired the truly great work this organization has accomplished, and I’m excited about the opportunity to drive a new level of growth and value for our clients.” He continued, “I’m grateful to John for his foresight in founding and then building RegEd into the great company it is today. John’s vision and industry and product knowledge is unmatched, and I look forward to working with him as he pursues strategic opportunities for RegEd’s future success.” Effective immediately Brienzi will oversee the RegEd organization and drive day to day operations. “I’m thrilled to pass the torch to Frank,” stated Schobel. “He is a very capable leader who knows our industry and products, he’s worked closely with me and the RegEd team for the past three years, and I’m confident that he’ll lift RegEd to a new level of capability and success.” Alex Earls, Partner at Gryphon Investors and Head of the firm’s Business Services Group, said, “We thank John for his tremendous contributions over the years in building RegEd into the market leader it is today. We are excited for Frank to step into the CEO role to lead RegEd in its next phase of growth, given his proven track record and relevant financial services experience. Having served as RegEd’s Executive Chairman for the last three years, Frank has a deep understanding of the business and will hit the ground running.”
Allegro Development Corporation Frequently Asked Questions (FAQ)
When was Allegro Development Corporation founded?
Allegro Development Corporation was founded in 1989.
Where is Allegro Development Corporation's headquarters?
Allegro Development Corporation's headquarters is located at 600 N. Pearl St., Dallas.
What is Allegro Development Corporation's latest funding round?
Allegro Development Corporation's latest funding round is Acquired.
How much did Allegro Development Corporation raise?
Allegro Development Corporation raised a total of $40M.
Who are the investors of Allegro Development Corporation?
Investors of Allegro Development Corporation include ION Group, North Bridge Venture Partners and Tudor Ventures.
Who are Allegro Development Corporation's competitors?
Competitors of Allegro Development Corporation include Molecule Software.
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