PE-backed Banker’s Toolbox recruits Womack as CFO

Banker’s Toolbox, which is backed by KKR-Accel, has named Ashley Womack as chief financial officer. Previously, Womack worked at Alvarez & Marsal where she served as a senior director in the private equity performance improvement group. Based in Austin, Texas, Banker’s Toolbox helps organizations manage risk and streamline compliance.

PRESS RELEASE

AUSTIN, Texas, April 17, 2017 /PRNewswire/ — Banker’s Toolbox, Inc., the leader in Bank Secrecy Act anti-money laundering compliance solutions for community financial institutions, announced today the appointment of Ashley Womack, Chief Financial Officer.
With over 15 years of experience consulting with corporations and private equity backed firms, Ms. Womack has led organizations through various stages of growth and transformation. Most recently, Ms. Womack served as a Senior Director in the Private Equity Performance Improvement group at Alvarez & Marsal.

Texas is consistently among the top states in the nation for private equity investments, and Austin continues to attract new investors due to the innovation and talent in the market. Ms. Womack noted the opportunity for Banker’s Toolbox. “I’m excited to bring my experience with larger private equity owned businesses to ensure Banker’s Toolbox is successful in its next phase of growth,” said Ms. Womack, referring to the company’s accelerating buy and build strategy.

Ms. Womack joins a dynamic, fast-growing team at Banker’s Toolbox. The company moved to a larger office space last month and announced its first acquisition in February. “Ashley’s culture fit and ability to scale with our growth were the differentiators in our decision to hire her,” said CEO Wayne Roberts. “We believe we are building something special at Banker’s Toolbox, and I am excited about the addition of Ashley to our leadership team.”

Supported by private equity firm Accel-KKR, Banker’s Toolbox is poised to continue growing, recruiting top talent and increasing its market share across industries.

To learn more about Banker’s Toolbox, visit www.bankerstoolbox.com.

About Banker’s Toolbox, Inc.
Austin, TX-based Banker’s Toolbox, Inc. helps organizations manage risk and streamline compliance. The company’s product suite consists of proven solutions for money laundering detection and reporting, risk management through fraud prevention, secure wire processing automation, and commercial real estate loan portfolio risk assessment. The Banker’s Toolbox team is a unique combination of seasoned bankers, former regulators, and information technology experts. For more information, visit the company’s website at www.bankerstoolbox.com.

About Accel-KKR
Accel-KKR is a technology-focused investment firm with $4.0 billion in capital commitments. The firm focuses on software and IT-enabled businesses well positioned for topline and bottom-line growth. At the core of Accel-KKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value through the significant resources available through the Accel-KKR network. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions including credit, minority-growth investments, buyouts, divisional carve-outs and going-private transactions. For more information, please visit www.accel-kkr.com.