BIP Capital recruits Drechsel as SVP


BIP Capital has named Dan Drechsel as senior vice president. Previously, he was CEO at Wellview Health, a portfolio company of BIP Capital.

PRESS RELEASE

ATLANTA, Nov. 7, 2018 /PRNewswire/ — BIP Capital, one of the premier venture capital firms in the southeastern United States, announced today that Dan Drechsel has joined its team as senior vice president. An experienced entrepreneur with a demonstrated history in the growth and management of emerging technology businesses, Drechsel was most recently CEO at BIP Capital portfolio company Wellview Health.

“Dan has led high-growth venture companies over the course of his 30-year career,” said BIP Capital CEO Mark Buffington. “His diverse experience as a software developer, marketer and C-suite executive gives him a unique set of skills to draw from—something that our portfolio companies that he has worked with have immediately taken notice of. He’s also a great cultural fit with our team.”

Drechsel will oversee BIP Capital’s investments in SaaS, FinTech and Dev Tools/Architecture. He will also continue to remain active with Wellview Health, having recently moved into the role of executive chairman of the company’s board of directors.

“It’s always a thrill to participate in the creative growth and management of emerging businesses,” said Drechsel. “I’m pleased to join BIP Capital and honored to be given the opportunity to work with promising young companies to help them establish themselves as market innovators and leaders.”

Drechsel has been involved throughout his career in growing and operating private equity and venture-funded innovation companies, including S1 and Global Energy Decisions. He has held numerous executive-level sales, marketing and engineering positions at enterprise software, financial technology and tech-enabled services companies, including SAP, ADP and Dun & Bradstreet, both in the United States and internationally. He is also an executive lecturer in Marketing at Mercer University’s Stetson School of Business and Economics. Drechsel holds a bachelor’s degree in Industrial Management from Georgia Tech and an M.B.A from Mercer University.

About BIP Capital
BIP Capital is recognized as one of the most active and successful venture investors in the Southeast, serving entrepreneurs, investors and operators to grow the emerging company ecosystem. It applies experience and process to make investment decisions and operational recommendations, allowing its portfolio companies to achieve and stay on a glide path of growth. Areas of focus include Enterprise SaaS, Healthcare IT, Digital Media, Dev Tools and MarTech. For more information, visit www.bip-capital.com or follow BIP Capital on LinkedIn or Twitter @BIPCapital.

Take your pick!

  • Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
  • VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.