7 Ways Avant Will Use Private Equity Investment

Avant will use its recent funding from Pamlico Capital to tackle a “laundry list” of requests from partners.

The Chicago-based technology solutions brokerage announced an investment from Pamlico on Friday. Avant co-founder and CEO Ian Kieninger will focus primarily on its organic growth strategy, using the funds to speed up its projects.

Avant’s Ian Kieninger

“Getting bigger doesn’t necessarily mean getting better too,” Kieninger told Channel Futures. “Getting better means getting better.”

Partners have been looking for answers about how the investment will impact them. Namely, do Avant leaders plan to exit the business soon? And how much control over the company have they retained? Kieninger fielded those questions and more in an exclusive Q&A.

Scroll through the 13 images above to see the conversation about Avant-Pamlico and private equity.