Alteryx Appoints Andy MacMillan as CEO to Spearhead Growth
Portfolio - People | Dec 05, 2024 | Clearlake Capital
Alteryx, a globally recognized AI platform for enterprise analytics, has announced the appointment of Andy MacMillan as its new Chief Executive Officer. With a rich history of leadership in notable tech companies, including UserTesting and Act-On Software, MacMillan brings over two decades of industry experience. His role at Alteryx will focus on accelerating product innovation and advancing AI capabilities, aligning with the investment strategies of private equity firms Clearlake Capital and Insight Partners who back Alteryx. Prashant Mehrotra from Clearlake Capital and Deven Parekh from Insight Partners have confidently highlighted MacMillan's appointment as a strategic step in propelling Alteryx's growth. Leveraging his comprehensive expertise and leadership style, MacMillan is set to drive Alteryx forward, aiming to enhance the company's analytics services for its extensive customer base. Under MacMillan's guidance, Alteryx plans to strengthen its culture and customer engagement, essential components for the anticipated phase of growth.
Sectors
- Private Equity
- Software & Technology
- Artificial Intelligence
Geography
- United States – Alteryx is based in Irvine, California and Clearlake Capital is headquartered in Santa Monica, California, indicating significant U.S. involvement.
- Global – Insight Partners has a global presence and Alteryx serves enterprises worldwide, reflecting the article's global business scope.
Industry
- Private Equity – The article involves Clearlake Capital and Insight Partners, both significant players in the private equity and venture capital space, investing in Alteryx.
- Software & Technology – Alteryx is a software company specializing in AI-driven analytics, and the article discusses leadership changes aimed at enhancing its innovation and growth.
- Artificial Intelligence – Alteryx's focus on AI to drive enterprise analytics solutions positions it firmly within the Artificial Intelligence industry.
Financials
- Over $85 billion – Assets under management by Clearlake Capital, one of the investors in Alteryx.
- Over $80 billion – Assets under management by Insight Partners, another investor in Alteryx.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Alteryx, Inc. | Target company | Company | A company providing an AI platform for enterprise analytics, noted for its Alteryx Analytics Cloud Platform. |
| Andy MacMillan | Incoming CEO | Person | Newly appointed CEO of Alteryx with a history of leadership roles in prominent tech companies. |
| Clearlake Capital Group, L.P. | Investor | Company | A private equity firm backing Alteryx, with a focus on technology and operational improvements. |
| Insight Partners | Investor | Company | A global private equity and venture capital firm, investing in high-growth technology and software companies like Alteryx. |