POMPANO BEACH, Fla., Oct. 1, 2019 — (ARMCO), the leading provider of enterprise financial risk management solutions, today announced that Trevor Gauthier has been appointed as CEO and board member of ARMCO. Avi Naider, who led ARMCO for the past 10 years as CEO, will transition to the board of directors.
Gauthier was identified by New Capital Partners (NCP), the private equity firm that acquired ARMCO in July 2019. He will lead the development and execution of ARMCO’s short, mid, and long-term vision, which will focus on customer satisfaction, expansion, and employee growth.
Gauthier brings 20 years of executive experience in enterprise SaaS technology solutions, and has a proven track record of leading companies to achieve exponential growth both organically and through acquisition. Most recently, he was president and chief operating officer at loan origination and enterprise mortgage technology provider Mortgage Cadence, an Accenture company. During his 14-year tenure with the company, which covered a period of time that included the financial crisis and the increased compliance and regulatory pressures that followed, Mortgage Cadence grew from a near start up to one of the top providers in its segment, and achieved significant expansion in its number of employees, revenue, profitably and sales volume.
“I’ve admired the vision New Capital Partners brings to the fintech space and all of the organizations that are part of its portfolio and I’m excited about the opportunities created by ARMCO’s strength and momentum,” said Gauthier. “I applaud Avi for all he has accomplished for the company. I’m looking forward to collaborating with our customers and working with the ARMCO team to increase customer satisfaction and expand our risk management and loan quality footprint in the marketplace.”
“Trevor has a proven track record leading fintech companies that provide high quality enterprise solutions,” said Naider. “He’s a great choice to guide the company into its next phase of growth, and we’re looking forward to the advances ARMCO will make under his direction.”
Over half of the top 20 mortgage lenders in the U.S. choose ARMCO as their provider for transaction risk management software. ARMCO’s product line includes loan quality enterprise software, services, data and analytics. Its flagship product, ACES Audit Technology™, has set the bar for user definability in its category. It is used at virtually every point in the mortgage lifecycle, as well as for a wide range of risk-prone business operations outside traditional mortgage origination and servicing. ARMCO’s consultative approach to customer relationships leverages 25 years of mortgage risk intel, assuring that its clients are using the most effective risk mitigation strategies, and are using the fastest, most reliable, most efficient means for preventing risk-related loss. ARMCO distributes the ARMCO Mortgage QC Industry Trends Report, a free quarterly analysis of industry-wide mortgage loan quality. For more information, visit www.armco.us or call 1-800-858-1598.
About New Capital Partners
New Capital Partners (NCP) is a private equity firm comprised of former operators headquartered in Birmingham, Ala. NCP makes investments in niche technology and services companies in the healthcare, financial and business services industries. Leveraging its extensive operational experience, the NCP team helps create significant value in portfolio companies by cultivating true partnerships with management teams and focusing on one core goal: Building Great Companies. For more information, please visit www.newcapitalpartners.com.