Bonavito brings more than 30 years of executive experience in leading software companies. Most recently Bonavito was the Chief Executive Officer of JAGGAER where under his leadership, the company’s revenues tripled and JAGGAER grew to become the world’s largest independent spend management company with over 2,000 customers connected to a network of four million suppliers in 70 countries. Prior to JAGGAER, Bonavito was the Chairman of OnCenter Software. He founded and was the CEO of iTradeNetwork, a SaaS-based software provider of supply chain management solutions serving over 10,000 companies, with over $220 billion in annual commerce. Bonavito succeeds Max Schnoedl who has served as President and CEO of Springbrook since early 2018.

“Rob is a visionary leader with a proven track record of building great companies. His appointment affirms Accel-KKR’s continuing commitment to Springbrook and marks the next chapter of Springbrook’s mission to deliver innovation to local government agencies across the United States,” said Dean Jacobson, member of Springbrook Board of Directors. “Max has led Springbrook over the past 2 years and has been a great partner during Springbrook’s transition from Accela to becoming an independent entity. Max will continue to serve on the Springbrook Board as Chairman emeritus while relocating to Europe.”

“Our focus at Springbrook remains unwavering: to ensure that local government agencies have access to the best technology available to serve their citizens with speed, accuracy and transparency,” said Bonavito. “With the support of the Board, Max and the team at Springbrook, I see tremendous opportunities to grow Springbrook into the leading player in our industry.”

“Springbrook has come a long way from the early days over 30 years ago,” said Schnoedl. “Since then, we have delivered technology to local governments that help them run more efficiently and better serve their constituents. Rob will lead Springbrook in this next phase of growth, bringing even more innovation and services to local government agencies.”

About Springbrook Software:

Springbrook Software is a leading cloud-based finance and administration software provider for local government. More than 1,100 cities, towns and districts from coast to coast use our suite of modern, high-performance solutions to manage their finances, payroll and utility billing. We believe in citizen-centric government that empowers its community with financial transparency, efficiency and a seamless payment experience. Springbrook is headquartered in Portland, Oregon, with regional presence in Washington, New York and Massachusetts.