OMAHA, Neb.--(BUSINESS WIRE)--Benaissance, the leading provider of Software as a Service (SaaS) and single point individual subscriber billing solutions for health insurance exchanges, national benefit administrators and health plans, today announced co-founder Mr. Mark Waterstraat has been appointed Chief Strategy Officer and Mr. Brian Ridder is the new Vice President of Sales.
Benaissance’s new Chief Strategy Officer position has been created to assist the company in identifying, positioning and capitalizing on new corporate growth opportunities associated with an industry-wide transformation of health care in the United States.
“In response to significant enterprise growth in our core solutions suite, we are extremely excited to be in a position to realign our senior management team to better pursue the many opportunities associated with Health Care Reform. Mark is a widely recognized industry expert in individual subscriber billing and leveraging his experience will benefit our customers, consortium partners and key stakeholders,” said Benaissance CEO John Jenkins. Equally important is the hiring of Mr. Ridder. “Brian is a proven and accomplished executive in running sales organizations and Benaissance is lucky to have him on board,” said Benaissance Chief Strategy Officer Mark Waterstraat.
Mr. Ridder brings over 20 years of senior leadership experience in the payments industry. Having worked for both the nation’s largest privately held bank and the nation’s tenth largest payment processor, Mr. Ridder has extensive management experience in sales, account management and operations. Brian received his MBA from the University of Nebraska at Omaha is an adjunct professor at Nebraska Wesleyan University.
Founded in 2003, Benaissance has grown into a leader in “Software as a Service” solutions for highly efficient and scalable individual subscriber billing administration. Benaissance’s flagship solutions are supported by seamlessly integrated business process outsourcing services. In 2008, McCarthy Capital partnered with Benaissance to support management’s plan for growth and expansion into the administrators, payor and health benefit exchange markets.
About McCarthy Capital
Based in Omaha, NE with an office in Boston, McCarthy Capital manages $500 million in private equity assets and capital commitments. For more information about McCarthy Capital, please visit www.mccarthycapital.com