Brian Provost has been appointed as the new chief executive officer of Lightspeed DMS LLC, succeeding Kris Denos.
Lightspeed DMS, based in Salt Lake City, collaborates with dealerships to offer industry-specific software solutions aimed at simplifying business operations and enhancing profitability and efficiency. According to its website, the company keeps pricing data updated for major distributors and manufacturers. It serves a diverse range of industries including power sports, marine dealerships, recreational vehicle dealerships, and golf cart sales.
"We are excited to welcome Brian Provost to Lightspeed at this pivotal time in the company’s growth story. Brian is an excellent leader who enjoys developing people and building strong teams. With his track record of success leading and growing numerous mission-critical software companies, we know we have the right chief executive officer to guide Lightspeed as it accelerates plans to enhance its value for customers," said Doug Bayerd, managing partner of Private Equity at Brookfield in a news release published by Business Wire.
Provost's professional trajectory includes serving as CEO at iCIMS from November 2022 to September 2023 and prior to that, he was CEO of Ascentis which was later acquired by Ultimate Kronos Group (UKG), according to his LinkedIn profile. His experience also spans nearly seven years as president and CEO of Convey Compliance which was bought by Vista Equity Partners, and CEO of Gelco Expense Management that was purchased by Concur Technologies.
"Lightspeed has collaborated with recreational dealerships for nearly 40 years, creating industry-specific software solutions to streamline the way dealers work. I’m excited about our path forward and our leadership position supporting such a dynamic and growing industry. As we look to the future, our priorities will center around continuing to improve delivering a comprehensive suite of technology solutions with a straightforward purpose in mind: Enable our dealers to operate their businesses successfully and seamlessly and delight their customers," Provost said in the news release announcing his appointment on March 11.