Frank Roe Joins Advent International as Operating Partner

Advent International, a global private equity firm, has announced the appointment of Frank Roe as an Operating Partner. Roe, who brings over 30 years of experience in the enterprise software market, notably as CEO of SmartBear, will work with Advent to enhance operational efficiency, expand market reach, and identify acquisition opportunities within high-growth software markets. Roe's extensive background includes major roles at Oracle and Progress, indicating his capability in driving growth and building teams. As a Strategic Board Advisor at SmartBear, Executive Chair at MariaDB, and board member at LastPass, Roe will leverage his expertise alongside Advent's resources to create transformational outcomes and enduring value for the firm’s portfolio. Bryan Taylor, Managing Partner of Advent’s Technology Investment Team, highlights Roe’s proven track record as a considerable asset to Advent’s strategy. Founded in 1984, Advent significantly focuses on sectors like technology and aims to innovate and scale businesses globally.