KATABAT APPOINTS GUY ABRAMOVITZ AS NEW CFO: Veteran Finance and Consulting Leader to Support Strategic Growth

Wilmington, DE — January 23, 2020 — Katabat, a leading global supplier of debt management software solutions, recently hired Guy Abramovitz as chief financial officer. A finance industry veteran, Abramovitz brings over two decades of experience to the Katabat team in both software product and services businesses.

“Katabat is in a time of tremendous growth, and Guy’s experience in strategic deal-making and growth capital is a major asset,” said Ray Peloso, CEO, Katabat. “His deep financial knowledge and business acumen will help propel Katabat towards its next stage of development.”

Prior to joining Katabat, he served as the CFO of e-commerce platform company Workarea (formerly WebLinc) where he secured additional capital, refinanced the company’s debt, and ultimately managed the sale of the company’s services business.

At Veterinary Practice Partners (VPP), Abramovitz directed the finance team as the company grew by a factor of five through an aggressive acquisition strategy. He also led the recapitalization of the company through its sale to a private equity investor. Prior to VPP, Abramovitz worked for several national accounting and consulting firms, specializing in transaction services.

“I’m excited to join Katabat as it continues to transform customer experiences within the debt collection industry,” said Abramovitz. “The company has put in place the right pieces to take advantage of the market opportunity before it, and I look forward to continuing to drive the financial strategy that combines developing our innovative technology with globally scaling the business.”

Abramovitz holds a BBA in accounting from Temple University’s Fox School of Business Honors Program, and an MBA in finance from the Wharton School of the University of Pennsylvania.