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Jim Madden

Co-Founder and Managing Director

Jim Madden is a co-founder and managing director of Carrick Capital Partners where he directly oversees the sourcing and growth of successful companies in technology-enabled services and Software-as-a-Service (SaaS) businesses. At Carrick, Jim is closely involved in the identification, selection and post-investment growth guidance of the firm’s companies. He works with the CEOs, executive teams, and boards of the firm's portfolio companies, leveraging his deep understanding of sales, operations and corporate governance all toward the creation of substantial long-term value. Jim serves on the board of directors of Carrick companies Accolade, Axiom, Exiger, Everspring, InstaMed and Mavenlink.

Earlier in his career, Jim was the founder, chairman, and chief executive officer of Exult, Inc., the pioneer of human resources BPO (business process outsourcing) for Global 500 corporations. Founded in 1998, Exult operated client service centers around the globe, servicing more than 600,000 employees with $20 billion in annual employee payments. Exult empowered such globally recognized companies as BP, Bank of America, International Paper, and Prudential Financial to enhance their human capital productivity, reduce costs and provide improved HR services. In six years, Jim grew Exult from a concept to more than $500 million in revenue, and led the company’s successful IPO in 2000. After merging Exult into Hewitt (NYSE: HEW) in 2004 in an $800 million transaction, Jim became a special advisor with General Atlantic, focused on technology-enabled business-services companies. In 2007, Jim became a General Partner with Accretive, LLC, a private equity firm focused on early-stage technology services businesses. Prior to founding Exult, Jim held senior executive roles at SHL Systemhouse, a $2 billion IT outsourcer that was acquired by MCI in 1995. Previously, he was a Principal at Booz-Allen & Hamilton, and he started his career at Accenture (then Andersen Consulting).

Jim earned his BBA in finance and a BA in geology from Southern Methodist University. He also attended Webb Institute of Naval Architecture. He currently serves on the board of directors Genpact (NYSE: G). Jim is a past winner of Price Waterhouse "World Achievement Award”, Ernst & Young “Excellence in Entrepreneurship” award, and the Deloitte & Touche “Fast Company” award. He devotes time to a number of civic, community and business organizations, and is the past Chairman of the Board of Directors of the Hoag Hospital Foundation.

In his spare time, Madden is a competitive sailor who races his sailboats “Stark Raving Mad.” He is also an avid downhill skier.

Latest News
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New York, NY (June 19, 2019) - Axiom, a leading global marketplace for corporate legal talent, today announced a strategic hire to its executive leadership team—Sidra Berman joins Axiom as Chief Marketing Officer (CMO) and Executive Vice President (EVP). Based in Axiom’s New York headquarters, Berman will report to Axiom CEO Elena Donio and play a pivotal role defining Axiom’s brand as a marketplace, which empowers the world’s leading and most innovative businesses to solve their legal problems in a more modern, efficient way.
June 19, 2019
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Seattle (June 17, 2019) - Accolade and EY today announced that Rajeev Singh, CEO of Accolade, a personalized advocacy solution for employers and their members, received the Entrepreneur Of The Year® 2019 Award in the Innovator category, Pacific Northwest region. As the world's most prestigious business awards program for entrepreneurs, Entrepreneur Of The Year recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities, while also transforming our world. Singh was selected by an independent panel of judges, and the award was presented at a black-tie gala event in Seattleon June 14.
June 17, 2019
Bay Dynamic
Participation extends depth and reach of integrated analytics, driving automation that speeds incident response
June 13, 2019
About Carrick Capital Partners
Who We Are
A firm of enterprise software, SaaS, and technology enabled services investors and operating executives with substantial experience founding, scaling, and optimizing market leading businesses.
Our Approach
We work with management to identify and improve critical areas of their business - focusing on the priorities that align with our experiences and that will deliver the highest strategic impact in both the short-term and long-run.
Why We Are Different
We have a concentrated number of companies in our portfolio so that we can build substantial relationships with each management team and ensure our firm's commitment to each company's goals.