PRESS RELEASES

The Lancer Group places Eric Grosgogeat as Chief Executive Officer of Ancile Solutions

Elkridge, MD, August 16, 2017 – The Lancer Group places Eric Grosgogeat as Chief Executive Officer of Ancile Solutions, a leading provider of learning and performance software solutions to leading Fortune 500 companies.

In this new role, Eric brings to Ancile over 25 years of deep general management experience across private equity-backed and public companies in the SaaS, business services, FMGC, and healthcare products sectors. He will be responsible for setting the company’s strategic direction and managing all business operations.

Eric has a proven track record of consistently growing top and bottom lines and generating strong ROI – he most recently served as President and Chief Executive Officer of FocusVision Worldwide, a leading provider of technology solutions for the market research industry, where under his leadership, the company grew four-fold through acquisitions, global expansion, and the launch of new services. In addition, Eric led the company’s transformation from tech-enabled services to a SaaS tech-based solution.

Eric’s prior career includes serving in notable positions at P&G (NYSE: PG; LTM Rev: $65B) managing Olay’s global franchise, PE-backed Aurora Foods, where he led the Frozen Food division and Philips (ENXTAM; PHIA; LTM Rev: $29.3B), where he served as the head of Sonicare for North America.

He holds a PhD in Chemical Engineering and an MBA from the University of Cincinnati, a Master’s Degree in Chemical Engineering from the University of Colorado at Boulder, and a Bachelor of Science degree in Chemistry from the Paris Institute of Technology.

About The Lancer Group

The Lancer Group is a leading retained executive search firm that is trusted by private equity firms, their portfolio companies and public corporations to deliver high-impact leaders. The firm specializes in board-driven search mandates including CEOs, CFOs, C- suite executives and board directors as well as private equity investment professionals and operating partners. The Lancer Group has provided strategic counsel to clients across a range of industries and has particular expertise in technology, industrial, energy, healthcare and consumer markets.

With relationships at over 50 of the top 100 private equity firms, The Lancer Group provides a range of pre-deal private equity advisory services beyond traditional executive search. These services include deal origination, diligence support and introductions to “backable” executives. The firm also makes equity co-investments through its private equity affiliate, L Capital.

Founded in 1998, The Lancer Group is privately held and operates from five offices: Boston, New York, San Diego, San Francisco and Sydney. For more information, please visit: The Lancer Group (www.thelancergroup.com) or L Capital (www.lcapitalmgmt.com).

About Ancile Solutions

ANCILE solutions provide the fastest, easiest way to create, manage, and distribute software learning content that drives user adoption across the entire software lifecycle. ANCILE uPerform® is the recognized leader in Electronic Performance Support Solutions (EPSS), with over 20 million end users and 4600 customers globally, including half of the Fortune 100. ANCILE uPerform allows users to access customized training and learning content right within the application, on a mobile device or desktop and in a format of their choice. uPerform is also known as SAP® Productivity Pak, HPE ART, OpenText Personalized Help, and SunGard LearningPlus. These major software companies resell ANCILE uPerform as their own software adoption platform, helping their customers maximize the return on their enterprise software investments.

About Court Square Capital Partners

Court Square is one of the most experienced teams in the private equity industry. Since 1979, the firm has made over 210 investments, including several landmark transactions, and has developed numerous businesses into leaders in their respective markets. Based in New York, N.Y., Court Square invests in companies that have compelling growth potential. The firm manages approximately $5 billion in aggregate capital commitments while focusing on the following four sectors: business services, general industrials, healthcare and technology/telecommunications.

Contact:
Joanna Chang
Principal
joanna.chang@thelancergroup.com

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