San Francisco—Pervez Qureshi has been named president and CEO of software and technology provider Activant Solutions. The announcement comes at the same time the sale of Activant was completed by its former parent company HM Capital Partners to private equity firms Hellman & Friedman, Thoma Cressey and JMI Equity.

“Since 1972, Activant has grown, thrived and evolved as a company,” said David Tunnell, managing director of Hellman & Friedman. “This is an exciting time for Activant as it enters its next chapter of growth and development and are enthused about our partnership with Pervez, who we believe will bridge the company’s solid past with its bright future.”

Qureshi, who has more than 20 years of high-tech industry management experience, has been with Activant since 1994, and has held a broad range of executive positions. He was most recently COO, and oversaw company-wide operations during its recent growth and acquisition phase.

“Participating in Activant’s rapid growth over the past 12 years has been both exciting and challenging,” he said. “My plan is to work closely with our board, employees and customers to strengthen our market-leading position in each of our businesses, enhance our customer service and deliver high-quality product offerings.”

For more information on Activant, call 800/678-7423.