7 Ways Avant Will Use Private Equity Investment

"While [acquisition] is still an option for sure, Pamlico really loved our organic growth strategy and the way we've been doing things."

James Anderson, Senior News Editor

October 26, 2021

13 Slides
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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.

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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.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email James Anderson or connect with him on LinkedIn.

About the Author

James Anderson

Senior News Editor, Channel Futures

James Anderson is a senior news editor for Channel Futures. He interned with Informa while working toward his degree in journalism from Arizona State University, then joined the company after graduating. He writes about SD-WAN, telecom and cablecos, technology services distributors and carriers. He has served as a moderator for multiple panels at Channel Partners events.

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