Voice-and-data services provider IBBS is bringing in telecom executive Michael Gallagher as CEO, replacing Dave Keil who'll step down as of Jan. 1.
IBBS, majority owned by Pamlico Capital, said Gallagher, who also joins the board of directors, "brings the right skill set, deep technology experience and an entrepreneurial spirit to lead this company into the future." In a release, Pamlico managing partner L. Watts Hamrick said: "Michael's track record of leading similarly sized companies through expansion while executing on a strategic plan to seize new opportunities reaffirms that he's the right executive at the right time to advance IBBS."
IBBS said it has more than doubled its customer base and grown revenue by nearly 100% in the last three years, including through the 2010 acquisition of IP-communications provider SinglePipe. Atlanta-based IBBS, founded in 2001 by two former Prestige Cable executives, was majority acquired by Pamlico Capital in 2007, which brought in Keil as CEO.
From 1998 to 2007, Gallagher was the founding CEO of FDN Communications, which was acquired by Pamlico portfolio company Nuvox Communications. Gallagher also co-founded and ran Metro Access Networks, which built more than 300 metro fiber route miles in several Texas markets. Earlier employers include Williams Telecommunications (Wiltel) and Intermedia Communications.