Dave Lacey to Drive Strategy, Innovation and Growth

Waterloo, Ontario, April 10, 2017 WatServ announced today that Dave Lacey has been appointed President & CEO of the Company.

The full press release can be found here.

“After an extensive search, I am pleased and excited to have Dave join WatServ from Brookfield RPS, a division of our parent company, Brookfield Asset Management. I am confident that Dave’s experience in the technology sector and track record of success will accelerate the growth of the Company for many years,” said Tom Doerner, outgoing CEO of WatServ. “Customers, business partners and our employees will all benefit from his leadership”.

“I’m very excited to be joining this dynamic technology team to help grow WatServ over the coming years,” said Dave Lacey. “Tom and I will work together to transition the leadership so that he can retire from the Company. Tom has agreed to remain a member of the Advisory Board.”

About Dave Lacey

Mr. Lacey has had several roles within Brookfield over his 10-year history with the firm.  Most recently Dave was President & CEO of Brookfield RPS, where he was responsible for developing and leading the company’s business strategy. He spearheaded both domestic and international corporate development activities for RPS. As a growth oriented leader, Dave has had significant experience working on M&A transactions and joint-ventures particularly in the small in medium-size services sectors.

Prior to joining Brookfield, Dave helped found three startups in the financial services and technology sectors.  He also co-managed a $75M FinTech fund while at Dorset Partners and Borealis. Dave serves on various public and not-for-profit boards and currently represents Brookfield in its U.S. joint-venture with Berkshire Hathaway Home Services.  He is also a director with Perimeter Medical, a biomedical imaging firm. Additionally, Dave serves on the National Enactus and Ontario Children’s Wish boards. Dave holds a B.A. from the University of Western Ontario and is an MBA graduate from Wilfrid Laurier University.

WatServ demonstrates best-in-class capability and market leadership through demonstrated technology success and customer commitment.

About

WatServ is an IT solutions provider that helps clients digitally transform their business through cloud technologies and services. Founded in 2006 in Waterloo, Canada, WatServ specializes in providing hybrid and multi-cloud solutions and hosting complex, high-availability environments for enterprise-level applications. WatServ’s unique approach to planning, migrating and managing multi-cloud environments, plus premium 24x7x365 support, enables its global customers to focus on their core business. Relying on Microsoft and Google’s public clouds, in addition to its own private cloud, the company offers an ideal managed cloud environment engineered for security, reliability and performance. With offices in Canada and the United States, and with more than 10,000 users connecting from 30+ countries, WatServ is always on. For more information, please visit www.watserv.com.

WatServ is an affiliate of Brookfield Business Partners (BBU), a public company with majority ownership by Brookfield Asset Management Inc. and listed on the New York and Toronto Stock Exchange. More information about BBU is available at www.brookfield.com.