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Michael Schreck

Group Executive | CEO | Private Equity | Operating Partner | M&A

Michael Schreck is a senior executive with a focus on technology growth companies, who has served in various leadership roles in public companies, private equity-backed startups, and turnaround situations.

At IDEXX, a prominent technology leader in the animal health industry, Michael was responsible for the global operations of the veterinarian software division, diagnostic enterprise sales channel, and customer support groups. He successfully closed the two largest acquisitions in the company's history.

Prior to his tenure at IDEXX, Michael oversaw 4 FinTech companies generating $150 million in revenue and employing over 1,000 individuals at Altisource. He led the successful closure of two significant SaaS acquisitions worth over $100 million.

In the private equity realm, Michael co-founded three startups backed by private equity firms, achieving lucrative acquisitions such as M-Qube ($250 million), Upromise ($300 million), and SmartBargains / Rue La La ($350 million).

Known for his turnaround capabilities, Michael transformed two struggling companies by implementing impactful strategies to boost cash flow, including restructuring initiatives and growth plans. He guided a business through a speedy Delaware bankruptcy process in just 83 days, resulting in impressive returns for private equity investors.

Michael's specialties encompass a wide range of areas including capital fundraising, exits, FinTech, GovTech, MortgageTech, HealthTech, PetTech, Mergers & Acquisitions, Rapid Growth & Innovation, Turnarounds, Corporate Venturing, Enterprise & SaaS Software, as well as Technology-Enabled Services.

He holds an MBA from Harvard University and a BA from Brigham Young University, showcasing a strong educational foundation to complement his extensive professional experience.

Throughout his career, Michael has held varied high-profile positions including Executive Vice President / General Manager at IDEXX, Chief Executive Officer at Cloudvirga and Equator, Senior Vice President at Altisource, Managing Director at Equity Pacific Advisors, Chief Executive Officer at Corrective Solutions, and many more.

Moreover, Michael Schreck has contributed to industries like Business Services, SaaS, Digital Media, and the Internet, demonstrating his versatility and deep expertise in the technology sector.

With a track record of success in leadership roles across different companies and industries, Michael Schreck is recognized as a seasoned executive with a proven ability to drive growth, navigate acquisitions, lead turnarounds, and foster innovation in technology-driven businesses.

Michael Schreck
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Location

Portland, Maine Metropolitan Area