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"I Put My Pension on the Line & Quit the Force for Tech" | Brian Malra | Executive Conversations
What does it take to walk away from a guaranteed pension, bet everything on computers "being kind of cool," and spend the next 25 years buying, building, and occasionally losing software companies? Brian Malra has done exactly that — and lived to tell the story.
In this episode of Executive Conversations, servicePath™ CEO Daniel Kube sits down with Brian Malra, a former Waterloo Regional Police officer turned serial software executive. Brian has led companies in incident management, physical security, SaaS, and identity access management — through family-owned startups, good PE deals, bad PE deals, and everything in between.
This one is packed with hard-won lessons on M&A, customer success, recurring revenue, and why "culture first" doesn't always mean what a PE firm says it means.
Chapters
00:48 – Introduction: how Daniel and Brian first crossed paths
01:32 – Why Brian left a stable police career to bet on computers
03:01 – Quitting the force, putting the pension on the line, going all in
03:13 – Bringing incident management discipline from policing into corporate software
04:08 – Building PPM 2000 from a family-owned startup into a global platform
05:27 – The shift from perpetual licensing to subscription/ASP models
05:52 – The Class Capital acquisition — and what actually happened vs. what was promised
09:06 – "What to expect when you're expecting to be acquired"
10:01 – How the Resolver acquisition changed everything overnight
11:26 – Why PE firms always bring their own people — expect it
13:21 – Igloo Software: rebuilding customer success from the ground up
15:16 – Taking ownership of all renewal, upsell, and cross-sell revenue
17:38 – COVID as an unexpected growth catalyst for Igloo
19:08 – Right Crowd: promising himself "never security again" — then going back
22:18 – Diagnosing a company and knowing exactly how long a fix will take
23:13 – Changing pricing models and dedicated customer teams at scale
25:17 – Getting fired by the PE firm he sourced himself — the one he didn't see coming
26:09 – Public-to-private transactions and acrimonious PE exits
28:07 – Why the highest bid is not always the right bid
31:05 – Swift Connect: discovering he was not built to be an individual contributor
33:21 – Joining Maptin: a trade show demo, a bad floor plan PDF, and a text that changed everything
35:12 – AI-powered indoor mapping for public safety — the mission-critical opportunity
38:06 – Advice to his kids: trades, trends, and the robotics wave
39:28 – Thrive Logic and AI-driven incident response: from Word doc checklists to autonomous SOPs
42:23 – Mentors: Dennis O'Sullivan, Bashar Alhani, and learning from small moments
44:13 – Inquiry-driven leadership and the power of being proven wrong
💡 KEY TAKEAWAYS
→ Whatever you think will happen in an acquisition, expect something different — especially with your own role
→ Customer success owned by sales is a ticking clock — dedicated CS teams change retention and revenue fast
→ "Culture first" from a PE firm means their culture, not yours
→ The highest acquisition offer is rarely the cleanest deal
→ AI in physical security isn't coming — it's already here, from garbage cans to fallen-person detection
→ Skilled trades and robotics are two of the most underrated career bets right now
🔗 CONNECT WITH BRIAN MCILRAVEY
LinkedIn: https://www.linkedin.com/in/brianmcilravey/
🔗 ABOUT SERVICEPATH™
servicePath™ helps enterprises configure, price, and quote complex technology solutions.
Website: https://www.servicepath.co
LinkedIn: https://ca.linkedin.com/company/servicepath
👍 Enjoyed this conversation? Subscribe for more Executive Conversations — unscripted discussions with technology leaders on growth, M&A, leadership, and building companies that last.
#ExecutiveConversations #MergersAndAcquisitions #PrivateEquity #SaaS #CustomerSuccess #PublicSafety #AIInSecurity #SoftwareLeadership #StartupFounders #ServicePath
Видео "I Put My Pension on the Line & Quit the Force for Tech" | Brian Malra | Executive Conversations канала servicePath
In this episode of Executive Conversations, servicePath™ CEO Daniel Kube sits down with Brian Malra, a former Waterloo Regional Police officer turned serial software executive. Brian has led companies in incident management, physical security, SaaS, and identity access management — through family-owned startups, good PE deals, bad PE deals, and everything in between.
This one is packed with hard-won lessons on M&A, customer success, recurring revenue, and why "culture first" doesn't always mean what a PE firm says it means.
Chapters
00:48 – Introduction: how Daniel and Brian first crossed paths
01:32 – Why Brian left a stable police career to bet on computers
03:01 – Quitting the force, putting the pension on the line, going all in
03:13 – Bringing incident management discipline from policing into corporate software
04:08 – Building PPM 2000 from a family-owned startup into a global platform
05:27 – The shift from perpetual licensing to subscription/ASP models
05:52 – The Class Capital acquisition — and what actually happened vs. what was promised
09:06 – "What to expect when you're expecting to be acquired"
10:01 – How the Resolver acquisition changed everything overnight
11:26 – Why PE firms always bring their own people — expect it
13:21 – Igloo Software: rebuilding customer success from the ground up
15:16 – Taking ownership of all renewal, upsell, and cross-sell revenue
17:38 – COVID as an unexpected growth catalyst for Igloo
19:08 – Right Crowd: promising himself "never security again" — then going back
22:18 – Diagnosing a company and knowing exactly how long a fix will take
23:13 – Changing pricing models and dedicated customer teams at scale
25:17 – Getting fired by the PE firm he sourced himself — the one he didn't see coming
26:09 – Public-to-private transactions and acrimonious PE exits
28:07 – Why the highest bid is not always the right bid
31:05 – Swift Connect: discovering he was not built to be an individual contributor
33:21 – Joining Maptin: a trade show demo, a bad floor plan PDF, and a text that changed everything
35:12 – AI-powered indoor mapping for public safety — the mission-critical opportunity
38:06 – Advice to his kids: trades, trends, and the robotics wave
39:28 – Thrive Logic and AI-driven incident response: from Word doc checklists to autonomous SOPs
42:23 – Mentors: Dennis O'Sullivan, Bashar Alhani, and learning from small moments
44:13 – Inquiry-driven leadership and the power of being proven wrong
💡 KEY TAKEAWAYS
→ Whatever you think will happen in an acquisition, expect something different — especially with your own role
→ Customer success owned by sales is a ticking clock — dedicated CS teams change retention and revenue fast
→ "Culture first" from a PE firm means their culture, not yours
→ The highest acquisition offer is rarely the cleanest deal
→ AI in physical security isn't coming — it's already here, from garbage cans to fallen-person detection
→ Skilled trades and robotics are two of the most underrated career bets right now
🔗 CONNECT WITH BRIAN MCILRAVEY
LinkedIn: https://www.linkedin.com/in/brianmcilravey/
🔗 ABOUT SERVICEPATH™
servicePath™ helps enterprises configure, price, and quote complex technology solutions.
Website: https://www.servicepath.co
LinkedIn: https://ca.linkedin.com/company/servicepath
👍 Enjoyed this conversation? Subscribe for more Executive Conversations — unscripted discussions with technology leaders on growth, M&A, leadership, and building companies that last.
#ExecutiveConversations #MergersAndAcquisitions #PrivateEquity #SaaS #CustomerSuccess #PublicSafety #AIInSecurity #SoftwareLeadership #StartupFounders #ServicePath
Видео "I Put My Pension on the Line & Quit the Force for Tech" | Brian Malra | Executive Conversations канала servicePath
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