Russell Fleischer, a three-time, software-industry CEO, joined Battery as a partner in 2014 and was promoted to general partner in 2015. He also served as a longtime executive in residence at the firm.
At Battery, Russell focuses on new investment opportunities in the enterprise-software sector. He is currently involved with Battery portfolio companies Alogent, Concurrent Real-Time, Learnosity and Plixer. His previous investments include Enviance which was acquired in January 2020 by Cority. He also participated in the spin out and creation of Qognify, a company that Battery acquired from NICE Systems’ Physical Security Business Unit. His focus is later-stage deals, including buyouts, rollups and take-privates. He is also focused on developing new talent, both at Battery portfolio companies and inside the firm.
Prior to joining Battery as a partner, Russell was the CEO of HighJump, a supply-chain management software company formerly in the Battery portfolio, and a member of the company’s board of directors. Under Russell’s four-plus years of leadership the business grew to $110M in revenues and a worldwide workforce of over 500 people from $50M in revenue. In July of 2014 the company was acquired by Accel|KKR and merged with Accellos. Before that Russell served as CEO of another former Battery portfolio company, Healthvision Software, a healthcare information-technology provider. Healthvision was acquired by Lawson Software in 2010. Russell and his team grew Healthvision from a company with $25 million in revenue into a global business employing more than 300 people and generating approximately $70 million in revenue and $20 million in EBITDA.
Prior to Healthvision, Russell served as CEO of TriSyn Group, a core banking applications-software provider focused on serving the top 100 banks in the U.S. There, he was responsible for launching the company as a standalone entity after its acquisition from Computer Associates. In addition, he has over time served as a board director for many public and private companies, including Adams Golf and HomeCareHomeBase, as well as former Battery portfolio companies Vero Software (acquired by Hexagon), Data Innovations (acquired by Roper Industries) and Rogue Wave Software (acquired by Audax Private Equity). Russell has been both a public- and private-company CFO, primarily in the software sector, for InConcert, InterWorld and Adams Golf. He also worked with CheckFree, D&B Software, Sales Technologies and Xerox.
Russell earned a BA in economics from Johns Hopkins University and an MBA from Vanderbilt. He is a board member and trustee for Cooks Children’s Hospital in Fort Worth and a board member for the Michael E. Nozik Foundation in Rochester, NY, which raises funds to send deserving children to Camp Seneca Lake in the Finger Lakes of western New York.
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