Ric Andersen

Mr. Ric Andersen has 29 years of experience working in operations, consulting, and private equity. He spent over 20 years at PwC Consulting where he served many of the firm's largest clients and rose to become a managing partner and COO. He played a central role in the divestiture of PwC Consulting to IBM in 2002 and became a senior executive at the company, leading IBM’s services business in Asia for two years. During his tenures with Price Waterhouse, PwC Consulting, and IBM, Ric was a senior partner who built and managed enterprise software/ERP businesses, as well as business process outsourcing operations. He spent much of his early career leading large-scale business improvement programs for Fortune 500 companies in the technology sector, as well as other industries. Mr. Anderson left IBM and joined Silver Lake in 2005 where he helped form, then led the firm’s Value Creation Team. He joined Milestone Partners in 2010 as a senior member of the firm’s management and investment team. He brings a unique set of operating, consulting, and investment skills to bear in serving the firm’s LPs, its team, and its portfolio companies. Currently he is a partner at Peak Equity, a Philadelphia-based private equity firm focused on lower middle market enterprise software. He is currently a director on the Boards of two other privately held companies, G5 and EnterpriseDB. In addition, he serves on the Board of the Barra Foundation, a large charitable foundation. A member of the American Institute of Certified Public Accountants, Mr. Andersen holds an MBA from the Wharton School at the University of Pennsylvania and a B.S. from Bucknell University.