World-leading, integrated risk management EHSQ software developer, IsoMetrix, welcomes Perry Turbes as Global Chairman. As the former CEO of Quorum, an industry-leading, cloud-based, software platform focused on the energy sector, he led the company’s transformation into a pure SaaS business with annual revenues over $100M. Perry will leverage his experience and credentials to provide guidance around IsoMetrix’s SaaS trajectory.
Perry expressed excitement at the opportunity to pass on his learnings to the IsoMetrix team and to share his expertise. “I felt like my experience could be leveraged by the management team to accelerate their growth plans. I would be able to help them avoid pitfalls and focus on strategic activities that have the longest-term impacts for their employees, customers, partners, and prospects. Since I came on board, we have done that through sizable investments in talent, technology, and functionality.”
The global company, which was acquired by The Carlyle Group in 2019 and received its initial growth capital injection earlier this year, has been making strides in accelerating its strategic initiatives of growth in the Americas and enhancing the technology platform. Perry notes the contribution the investment has made to the company’s success; “I know from working with The Carlyle Group in the past that having them onboard is a huge milestone and accomplishment for any business and comes with a lot of advantages.” The Carlyle Group invests in technology companies aiming for market leadership positions. Having this kind of investor backing presents a competitive advantage in the market, as Perry explains: “Besides capital, introductions to other portfolio companies, access to technology and management talent, for example, will enable IsoMetrix to accelerate growth. Access to these resources, and the commitment to focus on long-term success and results, will create additional competitive advantages.” This will help IsoMetrix further differentiate itself in the market and will result in benefits such as:
- Acceleration of technology and functionality for current customers
- Additional career opportunities for employees
- Improved time to market for partners and prospects of IsoMetrix
IsoMetrix prides itself in its ability to nurture sustainable relationships that benefit all stakeholders. When asked about how easy it was to fit in with the rest of the company, Perry says: “It has been a great experience getting to know and work with the team. IsoMetrix believes that the best relationships are those in which the parties win together. That sentiment is reflected in a great working environment where smart, driven professionals are rewarded and recognized for finding simple and elegant solutions to complex and challenging problems. It is a fast paced-growth environment with a maniacal focus on customer success and individual accountability.”
While the current investment in product research and development will ensure the company’s solutions remain market relevant while expanding the breadth and depth of their functionality, the continued evolution of environmental, health and safety risk management present exciting opportunities. “As the Internet of Things, environmental, social and governance requirements, digital learning content, and asset performance management are embraced,” explains Perry; “It creates an inflection point with enormous opportunity for an agile software platform such as ours to grow and continue to evolve in support of these changing needs. We are also focusing on growing our presence in North America. It presents a meaningful market opportunity for us and we will make substantial sales and marketing investments to support our growth there.”
About Perry Turbes
Perry has an extensive background leading and advising high growth SaaS, software, and technology enabled services companies. His focus on customer success and developing strong teams to enable rapid growth and scalability results in exceptional outcomes for all stakeholders. Perry serves on the board of directors for several private equity owned software businesses.