Conservice Founder and CEO David Jenkins, Jason Werlin, a Managing Director at TA Associates, and Jason Mironov, a Director at TA Associates, remain on the Board. Advent will join existing investor and leading global growth private equity firm TA Associates as an institutional shareholder in the company, in which TA first invested in 2016. The largest donation made to a political party by a Conservice employee was The average employee at Conservice makes $67,437 per year, which is quite competitive for its location and industry. Truthful: Don't lie about anyone or anything. Alumni and Friends Directory | USU It is a pleasure to welcome Advent as an investor in Conservice alongside TA Associates, said David Jenkins, Founder and CEO of Conservice. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, www.linkedin.com/company/advent-international. The company let those at the highest risk of contracting the virus go first and the lowest risk followed. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. More information about TA Associates can be found at www.ta.com. This documentary-style series follows investigative journalists as they uncover the truth. Good student job. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. Conservice Announces Growth Investment from Advent International Conservice management will remain investors in the company, with Founder and CEO David Jenkins remaining the largest non-institutional investor. Conservice Competitors and Alternatives - Owler We were particularly impressed with Conservices Utility Management Platform, a proprietary software platform that codifies and automates the constant regulatory changes across state and local jurisdictions, which enables Conservice to have industry-leading accuracy, said Eric Wei, Managing Director on Advents technology investment team in Palo Alto. Conservice, LLC - Company Profile - Corporation Wiki To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Reflecting on the unique decision, the Conservice co-founder said he doesnt regret it. This new investment will support our efforts to continue investing in and growing our portfolio of market-leading products. Davids previous work experience includes many years in property management, human resources, information technology, acquisitions, finance, and risk/liability management roles. TA Associates is a leading global growth private equity firm. Send. Finsbury. As previously announced, the Conservice Board of Directors will now include Eric Wei, Managing Director on Advents technology investment team in Palo Alto, and Ashwin Krishnan, Principal on Advents technology investment team in New York. 617-574-6796 Financial terms of the transaction were not disclosed. David Jenkins - Stra.. - Kayne Anderson Capital Advisors - ZoomInfo The firms more than 85 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong. Submitting this form below will send a message to your email with a link to change your password. David Jenkins owns over 2,000 units of Greene County Bancorp Inc stock worth over $2,319,779 and over the last 17 years he sold GCBC stock worth over $0. BackBay Communications Rich has led the IT department at Conservice since 2006, ensuring his team always has the tools and skills necessary to develop and fine-tune customized solutions that meet the needs of our clients. 646-805-2000. Bloomberg Chief Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. Mr. Jenkins was the founder and CEO of Conservice (a former Kayne Partners portfolio company) and filled the executive role for 20 years. Scott attended Harvard Business School and Brigham Young University (BYU). Under the program, Conservice employees are allow to do two hours of paid community service a month. Financial terms of the transaction were not disclosed. He loves the challenge and opportunities associated with all things business. River Heights, UT 84321, P: Advent International has agreed to make a strategic investment in Conservice, a provider of software used by property owners and managers for utility management and billing.. BS in Business Management with an emphasis in Finance from Brigham Young University. We let them designate where they were at on the scale, Jenkins said. Conservice has 7,500 employees, of which 19 are in a leadership position. 95/100. David and Lynette reside in North Logan and St George Utah. You can get good benefits if you work 30+ hours a week. David Jenkins is a serial entrepreneur who has started and invested in numerous companies and is Chairman of Conservice. Adventinternational-US@finsbury.com Entrepreneur Of The Year finalist: David Jenkins, Conservice Alumni and Friends Directory | USU They have also lived in Fairborn, OH and Celina, OH. Conservice's processes help the company identify instances where clients are paying for utilities that should be billed to residents, generating a substantial cost savings for its clients. BackBay Communications David received a bachelor's degree in business. Proven record of delivering strong ROI with timely execution of strategic business initiatives and new product development. David Jenkins - Chair of the National Advisory Board - CrunchBase Conservice employees are most likely to be members of the Republican Party. After several years in business, Jenkins led Conservice to begin development of in-house expense management services for utilities. phil.nunes@backbaycommunications.com, Internet Explorer presents a security risk. Mr. Jenkins, Mr. Werlin and Mr. Mironov will remain on the Board. In comparison, some of its highest paying competitors, like NiSource, PowerServices, and American States Utility Services, pay $64,684, $57,188, and $54,876, respectively. Get an email notification whenever someone contributes to the discussion. 1,000 - 5,000. David also sits on the Huntsman School of Business Advisory Board at Utah State University. See the full list of Conservice alternatives and competitive updates on Owler, the world's largest community-based business insights platform. After 35 years dedicated to international investing, Advent remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies. Marc has served as co-chair and chairman of the National Submetering and Utility Allocations (NSUAA) regulatory committee. LinkedIn: www.linkedin.com/company/advent-international. 10,000 or More . And for many years, Conservice offered a ride-share service for employees, but that has ground to a halt due to COVID-19. We believe Conservice has unparalleled expertise in the highly complicated regulatory area of utility billing. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. These are areas where Advent has deep experience, and we look forward to working with management and TA Associates to continue expanding Conservices platform and delivering value to its customers., Given Conservices experienced management team and market-leading utility platform, we remain as excited about the growth prospects for Conservice as we were at the time of our investment, said Jason P. Werlin, a Managing Director at TA Associates. The company is headquartered in Logan, Utah. Jerry joined the Conservice team in 2005 and currently serves as Chief Sales Officer (CSO), effectively managing all multifamily sales. Conservice LLC - Company Profile and News - Bloomberg Markets He works to identify legislative opportunities and supports lobbying efforts to ensure that the best interests of our clients are protected. In comparison, some of its highest paying competitors, like. Conservice is an active participant in numerous charitable causes locally and nationally through its Conservice Cares program. By mid-March, everything was starting to shut down on the coast and we said, were going to need to prepare for a shutdown as well, so what are we going to do?, Jenkins said in an interview with The Herald Journal via teleconference this past week. Prior to working in the enterprise cloud software space, Steve spent 14 years overseeing the development of more than 25 critically acclaimed, award-winning games for consoles and PCs. Asked about the new building at the ribbon-cutting ceremony Monday, Conservice employees told the newspaper they liked what they saw and it was time for a new facility. David is married to Lynette McCann and they have 3 wonderful daughters. For more information, please visit www.conservice.com. Logan, UT- Conservice, utility management and billing company, today announced that David Jenkins, CEO, received the Ernst & Young Entrepreneur Of The Year 2011 Utah Region Award in the consumer service category. David was named Entrepreneur of the Year by Ernst and Young for the Utah Region in 2011. Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens. Conservice's primary competitors are AppFolio, AUM & Entrata. When Conservice co-founder David Jenkins first heard about coronavirus cases hitting the U.S., he knew his company had to do something. TA has raised $33.5 billion in capital since its founding in 1968 and is committing to new investments at the pace of over $2 billion per year. Conservice has been named by Inc. Magazine as one of the fastest growing companies in the United States for the past 13 years and is continuing with its consist annual growth of 20%. As a vice president at a large regional property management company, David Jenkins often felt frustrated with the firms that managed the utilities for his company's buildings. Employees at NiSource earn more than most of the competition, with an average yearly salary of $64,684. mocarroll@ta.com, Philip Nunes According to ZoomInfo records, David Jenkins's professional experience began in 1999. Prior to joining the Conservice team, Scott served as the COO for Vivint Smart Home. Europe, Menlo Park, China), Where the person is located (e.g. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Currently, David Jenkins works as a Strategic Operator at Kayne Anderson Capital Advisors. 617-391-0792 TA has raised $33.5 billion in capital since its founding in 1968 and is committing to new investments at the pace of over $2 billion per year. Majority of company makes less than $50k per year. Dave still oversees the daily operations of the company, fostering a unique work environment where employees are encouraged to share their ideas. David Jenkins founded Conservice in 2000 and he currently serves as its chairman after retiring in August 2020 as President and CEO. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. For more information, please visit www.conservice.com. Leadership Forum: David Jenkins - YouTube TA Associates is a leading global growth private equity firm. Prior to his career at Conservice, Quentin worked for Goldman Sachs as an investment banker and later went on to work for The Cynosure Group as a private equity investor. Together, we plan to drive further momentum in a highly fragmented market and execute on our substantial organic and acquisitive growth initiatives.. Threats of harming another person will not be tolerated. Two Publix heirs make Forbes billionaires list - Orlando Sentinel Matt has led many of our utility solutions from infancy into industry-leading services. Other companies, much smaller than us, do some of these things, but no one is as progressive at the size and scale we are, Jenkins said. "It is a pleasure to welcome Advent as an investor in Conservice alongside TA Associates," said David Jenkins, Founder and CEO of Conservice. Acquisitions View 4 companies acquired by Conservice here. Financial terms of the transaction were not disclosed. Advent International Tech Private Equity Fund David and Lynette reside in North Logan and St George Utah. He has held senior leadership roles at strategy consulting firms, such as McKinsey & Company and Cicero Group, and served in a senior product role at Cisco. With 2,083 employees, the company has increased the number of people working there by almost 900 over the last four years, putting Conservice in the top 50 of Utah companies with the highest team-member count, according to Jenkins. Adventinternational-US@finsbury.com. Jenkins retired as. Jenkins Barnett ranked 1,234 on the list and Jenkins barely made the cut at 1,940. He also focused on providing clients with personal contact, ensuring that all inbound calls received by Conservice's call center are answered by a live person rather than an automated system. Since then David has changed 2 companies and 2 roles. Highly effective communicator experienced in sharing company and product strategy to large audiences, investors and C-level customers. Get the latest business insights from Dun & Bradstreet. He has a bachelors degree in computer science from the University of Utah. We cant not be in business, of course. The company currently employs over 2,300 team members and is an important part of the Cache Valley landscape. Website conservice.com Competitors View 11 Conservice competitors here. He founded Conservice in 2000, relying on his HR background to attract a team of talented employees to grow the business. $100M . Scott joined the Conservice team as the Chief Executive Officer (CEO) in 2020. Jerrys ability to foster true partnerships allows Conservice to effectively meet and exceed the expectations of all of our partners. Matt holds an MBA from Weber State Universitys Goddard School of Business and a B.A. The company is headquartered in Logan, Utah. David Jenkins Founder & CEO. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance . Whats more earlier this year, Conservice sold a minority stake to Advent International based on a $2.66 billion valuation, making it one of the largest owners of the company. Contact Us . He is actively involved with NMHC and NAA on both the state and national level. Invalid password or account does not exist. Steven joined the Conservice team as the Chief Product & Technology Officer (CPTO) in 2020. His focus is evaluating future strategic growth initiatives and is responsible for sourcing, analyzing, and executing acquisition and partnership opportunities, Prior to his career at Conservice, Quentin worked for Goldman Sachs as an investment banker and later went on to work for. Progressive workplace: Conservice marks 20 years as standout local To access all the content for free, please sign up by entering your email. For Advent International In 2018, he was named CXO of the Year by Utah Business; and in 2013, he was named CTO of the Year by the Utah Technology Council. We look forward to providing you with even more cutting-edge market research, as Topio Networks. LOGAN, UT and BOSTON, MA, May 14, 2020 - Conservice, a leading provider of utility management software and billing solutions to property owners and managers, today announced the close of a significant strategic investment by Advent International ("Advent"), one of the largest and most experienced global private equity investors.The investment was first announced on March 16, 2020. Kirk Jensen, economic development director for Logan, praised Conservice even though it is not based in his city. With 15 offices in 12 countries, Advent has established a globally integrated team of over 200 investment professionals across North America, Europe, Latin America, and Asia. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Conservice is ranked #6 on the Best Utilities Companies to Work For in Utah list. Conservice started with two employees and one customer and therefore, not much in the way of funding or reserves. Executive Summary. 617-574-6796. He founded Conservice in 2000, relying on his HR background to attract a team of talented employees to grow the business. David Jenkins, President & CEO, Conservice In addition, he makes $101,220 as Independent Director at Greene County Bancorp Inc. Overall, the culture, the companys priority to protect team members and familys health along with excellent benefits sets Conservice apart from other places Ive worked.. Some of the beneficiaries of this program so far have included local schools, senior citizen centers, food banks, and hospitals. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Share. Your purchase was successful, and you are now logged in. David Jenkins is the President & CEO at Conservice. from Utah State University. Conservice may also be known as or be related to Conservice, Conservice LLC and Conservice, LLC. You can get bonuses. company morale is amazing and the audit department leadership is incredible. Thank you for accessing our content on the Topio Networks Market Intelligence Center. Mr. Leadership Forum: David Jenkins - YouTube David Jenkins, founder and chairman of Conservice, will receive the Huntsman Distinguished Executive Alumnus award. 866-947-7379 Help us make this company more transparent, Laid back culture, tier pay options, lots of departments to choose from, Upper management does not understand what baseline work is like. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. Number of Organizations that the person founded, Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Where the person is located (e.g. Anna Epstein or Sophia Templin The companys fully-integrated, customized solutions manage billing and recovery, metering, resident payments and other utility services, and are designed to reduce operating costs, ensure proper allocation of utility fees among residents and lower energy consumption. But has since grown into much more. The decision to move Conservice employees from the office to home work was an effort unlike anything Conservice officials had anticipated. Intelligent Assistance and Bots Ecosystem. Services include utility and ancillary billing, metering equipment installation and maintenance, conservation products and services, daily meter reading, energy procurement, data exchange, contract management and due diligence services. Its going to be mostly judged by how our team members feel about it, he said. Whether youre looking for a flexible school schedule, wanting to start a career, or looking to advance your career, explore our career openings to find the opportunity thats right for your needs and your skill set. Pay is not great but is better than average for Logan. Conservice competitors include Gainesville Regional Utilities, PowerServices, NiSource, SouthWest Water, Missoula Electric Cooperative, American States Utility Services. Liz brings a wealth of industry knowledge and experience to the team. Conservice, LLC 595 Riverwood Drive # 300 Logan, UT 84321 (435) 792-3300 Visit Website Twitter Get Directions Similar Businesses Detailed Information Location TypeHQ Year Established2000 Annual Revenue Estimateunknown SIC Code show Employees250 to 499 Contactsshow You have permission to edit this article. Steven has held Chief Product & Technology positions at Workfront and ADP AdvancedMD, and he served as the Chief Technology Officer for inContact. He began his career with Conservice in 2003. He has a bachelors degree in economics from Brigham Young University and an MBA from Harvard Business School. Founded in 2000, Conservice works with property management companies across the United States and Canada, providing comprehensive and customized utility billing solutions that greatly reduce operating costs and promote conservation. President Sustainability Solutions, General Counsel. 435-729-3303. responsible for integrating and aligning all revenue-related departments, including marketing, sales, account management, and revenue operations. Dave Jenkins- Contending for the Faith Without Being Contentious To ensure things would not stay that way, Jenkins developed practices focused on timeliness and accuracy in billing and record-keeping. . You worry about the unknown somewhat, but I think my job is to instill peace and confidence in people as a leader. Conservice's mission statement is "While the products and services provided by Conservice add significant financial value to clients, the most significant contribution of Conservice is the effect it has on people within the organization and in our local community. $5,000 to the Republican Party. Founded on August 28, 2000, by Jenkins, a USU alumnus, and business partner Liz Bunte, Conservice initially provided billing services for apartments. The company now can receive, process, audit and pay more than 50,000 bills for clients each month about $2 million a day. For more information, visit 2011 Utah Region EOY Finalist - David Jenkins, Conservice, LLC. David Jenkins donated Advent International to Join TA Associates in Backing Leading Utility Management and Billing Company. Jenkins family $8.8B 2020 America's Richest Families Net Worth as of 12/16/20 Photo by Cortesy of Publix About Jenkins family The Jenkins family built and own part of Florida-based Publix. When I walk around the office, half of the computers are gone and half are on their desk, he said. Dave Jenkins - Kayne Capital Conservice management will remain investors in the company, with Founder and CEO David Jenkins remaining the largest non-institutional investor. TA Associates. Jenkins' company now boasts more than 280 employees; regional offices in California, Arizona, Colorado, Texas, Illinois, Georgia and Florida; and clients in nearly every state. MS, Human Resource Management, Utah State University, 1999BA, Business Management, Utah State University, 1995, Chair, National Advisory Board - 2022 - presentLeadership Forum Speaker - September 10, 2021Covey Leadership Center Founder 2021 - PresentNational Advisory Board Member 2012 -2022Professional Achievement Award Recipient - November 5, 2018Huntsman Venture Forum - March 23, 2018Leaders Talking to Leaders Speaker - November 1, 2012, Distinguished Executive Alumnus Award - September 10, 2021. Close. Average pay is heavily skewed by the few highest paid. . Same platform but with new and improved features. He is a well-respected, strategic leader who has led multiple customer-focused transformations for high growth companies. Have you worked at Conservice? The number of employees ranges from 1.0K to 5.0K. Sign up today, or manage your subscriptions, to one of our great newsletters: Your account has been registered, and you are now logged in. It is a real challenge to stay this way as a company grows when we had 300-500 team members you can do a lot of things easily but at 2,000, it is very challenging. Conservice President & CEO Related Hubs Recent News and Activity There is no recent news or activity for this profile. Liz Udy is a Chief Revenue Officer at Conservice and is based in Logan, Utah. posts and dont engage with trolls. Conservice has operations and sales offices in Arizona, California, Florida, Georgia, Illinois, South Carolina, Texas, Utah, Washington and Toronto, Canada. Marc holds a bachelors degree in economics from UCLA and a JD and an MBA from the University of San Diego and has been with Conservice since 2004. He brings more than 25 years of product development, software engineering, and business management experience. Conservice, Logan UT - Company Profile | BizStanding Cookie war: Dirty Dough prepares to strike back, Hyde Park Cemetery concerns show two-sided story, USU mens basketball: Trio commit to Aggies from transfer portal, Profiles in Business: The Beehive Pub & Grill strives for consistency. IMF Says China Shifting on Debt Restructuring After Being Burned, Transcript:The Supply Chain Crisis That Could Wreck the Bourbon Industry, Corporate America Focuses on Cost Cuts and Layoffs Not Growth, Peru Inflation Falls Below 8%, Supporting Central Bank Ambitions, IMF Chief Says Rising Rates Exposed Banking Vulnerabilities, JPMorgans Venture Arm Makes Fertility Bet in $25 Million Deal, Lordstown Motors Warns of Bankruptcy as Foxconn Deal Unravels, SpaceX Starship Rocket Launch Was Hastily Approved, Suit Against FAA Says, Snap Hires Former Meta Execsto Bolster Ad Business, The White House Is Probing How Companies Use AI to Surveil and Manage Workers, DeSantis Board Votes to Sue Disney Over Company Retaliation Case, JPMorganDeal for First Republic Hailed by Biden as Stabilizing Move, CitigroupsFraser Says Return-to-Office Trends Drive Property Fears, First Republics Jumbo Mortgages Brought On Banks Failure, Whats Trending Today: JPMorgan Buys First Republic, Virginia Tornado, Hollywood Writers Strike, Chinese Tourists, Loyal Wynn Guests Key for NewUAE Resort, Officials Say, JPMorgan Jumps to the Rescue at First Republic For a Price, If the BankingCrisis Offers One Lesson, Let It Be This, JPMorgan, First Republic and the Curse of the SecondBest, The Boring Old Box Truck Gets the Tesla Treatment, For Banks Under Stress, Theres a Federal Backstop That Provides Help Without Stigma, What the US Can Learn From Europes ESG Mistakes, E. Jean Carroll Testifies TrumpCritic Conway Encouraged Her Lawsuit, Trump Is Denied Mistrial Over Unfair Rulings in E. Jean Carroll Case, Bara DitchingPrivate Jet for Train Points toGreener Football, What to Know About Red-Flag Warnings, an Ominous WildfireForecast, Germany Sets the New Standard for Cheap, National Mass Transit, Chinas Now Spurning Ugliest Buildings That Symbolized Its Meteoric Rise, Broke Chinese Gen Zs Turn Factory Town into Top Tourist Spot, Nigerias SEC Plans to Allow Asset-Backed Tokens But Not Crypto, Bitcoin Sags After its Longest Streak of Monthly Gains Since 2021, Bitcoin on Course for Longest Streak of Monthly Gains Since 2021. Conservice employees are encouraged to take two hours of paid time off each month to perform much needed service in our community. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. He studied at UTAH STATE UNIVERSITY. We are very pleased to welcome Advent as an investor and look forward to a close collaboration as we work with company management in building further value in Conservice., It has been an honor to partner with Conservice over the past four years, supporting the companys substantial organic and acquisition growth initiatives, said Jason S. Mironov, a Director at TA Associates.
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