Harmeet Singh joins Procurement Partners as President and CEO.
FREMONT, CA: “We are delighted to have someone of Harmeets caliber leading Procurement Partners," states Kevin Frick, General Partner at Serent Capital. Procurement Partners, a market leader in healthcare spend management and procure-to-pay solutions, has hired Harmeet Singh as President and CEO to take the firm into the next growth phase.
“When we initiated our CEO search, we sought a leader who has a track record of building customer-centric organizations, and that's exactly what we found. Throughout his career, Harmeet has consistently demonstrated an unusual ability to understand what customers need and then leading teams in building great solutions,” adds Kevin.
Harmeet joins Procurement Partners with decades of executive leadership and operational experience. Harmeet was most recently the CEO of RateGain. While at RateGain, Harmeet oversaw the company's evolution from a point solution to a platform solution, which inevitably resulted in the company's IPO. RateGain successfully weathered the COVID pandemic under Harmeet's leadership, earning numerous plaudits for its innovation and customer-centric culture.
“I’m thrilled to be joining the Procurement Partners team. I believe Procurement Partners has a strong business model and a talented management team. The company's procure-to-pay solution provides enormous value to the healthcare ecosystem, benefiting providers, vendors, group purchasing organizations, and other service companies. I look forward to working with our customers, partners, and the overall stakeholders to help drive even more benefit from our solution,” comments Harmeet.
Navneet Gosal, Co-Founder of Hybrent and CPO of Procurement Partners, indicates, "With the scale of our combined business and new leadership, I'm confident we'll be able to continue innovating and delivering great features and functionality to our customers."
Previously, Harmeet was an Executive Partner in MDP's Telecom, Media, and Technology Services group, where he was responsible for identifying and evaluating cloud, and IT services investment opportunities. Harmeet was previously the President of Cloud Services at j2 Global, Inc. During his tenure; he grew the SaaS portfolio to $600 million in sales. Harmeet has been involved in over 100 mergers and acquisitions transactions.
The hiring comes on the heels of exceptional performance and development at Procurement Partners. Serent Capital will make a significant investment in the company in 2020. In 2021, the company expanded its capabilities and improved its customer service with the transformational strategic acquisitions of On.Care and Hybrent.
"We’re starting an exciting new chapter here," states Rusty Zosel, Founder of Procurement Partners and current SVP of Channel Management. "We've brought together three exceptional companies in the last year and grown our team significantly. Bringing in a leader with experience scaling businesses was the right call for our company, customers, and colleagues. I look forward to working with Harmeet."