ANN ARBOR—Officials at DaySmart Software, the provider of small business management software, announced the appointment of Patrick Shanahan as the company’s new CEO. He was previously a member of DaySmart’s board of managers.
Since joining CardConnect in 2008, Shanahan’s career has focused on helping small business customers utilize integrated payments to improve their businesses. That focus helped CardConnect, where Shanahan served as COO, grow to more than 67,000 customers before being acquired by Fiserv (formerly First Data) in July 2017 for $750 million. In his role as COO, Shanahan managed many of CardConnect’s key partner relationships, including DaySmart Software. Shanahan joined DaySmart’s board of managers in 2019 after the recapitalization by LLR Partners and Parthenon Capital and has since advised DaySmart on its growth strategy.
Said Brian Golson, co-CEO and managing partner at Parthenon Capital: “DaySmart will benefit from Pat’s deep experience building exceptional products and customer experiences.”
Shanahan joins DaySmart as CEO amid significant growth, helping the company usher in two strategic acquisitions, AppointmentPlus and Vetter Software, in the last two months. In his role, Shanahan directs the company’s M&A strategy as it aims to expand its share of the business management software market.
DaySmart provides desktop software, payment processing and cloud-based applications for the spa, salon, tattoo, pet care, and other industries. More at www.DaySmart.com.