Mr. Negi’s focus is to build a portfolio of high growth companies in the Business Process Services (BPS) sector. The three initial companies within the Credence Global Solutions portfolios include Credence Resource Management, Innoval Global Solutions and iValuate Global Technologies. These three entities were all founded by him between 2014 and 2016 and have built a combined scale of more than 2000 employees across 8 worlwide locations in a short span of 5 years. Companies have returned more than 30X initial capital invested, growing in excess of 50% YOY and generating steady, stable Free Cash Flow.
Karan has a rich Transactional and Operating experience and history of building, integrating and unlocking tremendous investor value of acquired organizations in his previous role with Handson Global Management, a Private Equity firm based in Santa Monica, California. He participated in roll-up of more than 4 companies in the Receivables Management space with C Level Operating responsibility of running companies in the Receivables Management and Healthcare RCM space. Companies under his direct Operational supervision through series of divestitures and corporate carve outs were used as Investment Vehicles to complete Leveraged Buyouts of larger organizations because of their ability to rapidly generate stable, high Free Cash Flows and hence high Notional Equity for pure leveraged deals. Over a period of 10 years, more than $450MM in Investor Value was created. In 2013 as he exited Handson, portfolio companies generated more than $800MM in revenues employing well over 15000 employees in U.S, Europe, Mexico, China, India and Costa Rica.
Sign up to view 10 direct reports
Get started