HOUSTON, May 22, 2015 /PRNewswire/ -- Paradigm Partners, a corporate tax consulting firm specializing in complex federal and state tax and funding incentives, welcomes its new partner and investor Karlani Capital, a private investment fund founded by one of Paradigm's first clients, Rudy Karsan. Having worked together in the past, the decision comes as a welcome reunion to both parties. The partnership will bring extensive strategic and advisory skills to the Paradigm management team.
Almost 10 years ago, Paradigm secured Kenexa, an NYSE publicly traded Human Capital Management (HCM) Software provider, as its third client. The business from a company as large as Kenexa became one of the seeds that lead to the propulsion of Paradigm Partners into its position as one of the market leaders in the niche tax credit consulting space. After many years of allowing Paradigm to serve his company, Rudy Karsan, the CEO and founder of Kenexa, sold Kenexa to IBM for over $1 billion.
Upon his exit, Karsan founded Karlani Capital with CFO David Volk. After meeting with Paradigm to discuss Paradigm's services and strategic growth plans, Karsan and Volk decided to make Paradigm one of Karlani Capital's first investments. "Jobs are the mainstay of our economy; Paradigm's offerings allow employers to increase jobs in the U.S. while maintaining margins. The offerings are world class and I am thrilled to be a part of this amazing team."
The new partnership will bring a fresh perspective and new ideas to the Paradigm roundtable, while allowing more clients to enjoy the benefits of working with Paradigm. "We are thrilled to have Rudy, Don, and their team on board and are looking forward to taking Paradigm to new heights!" said Karim Solanji, founder and partner at Paradigm. Paradigm has had steady and significant growth over the years, and this new partnership will only elevate the company's potential in the future.
About Karlani Capital
Karlani Capital is a private investment fund founded by Rudy Karsan and Don Volk to enable the growth and success of ideas that are original, interesting and useful to people. Rudy is probably most well-known for founding Kenexa, a leading SaaS-based provider of Human Capital Management software that Rudy and a team of talented executives took public in 2005 and sold to IBM in 2012 for $1.3 billion.
About Paradigm Partners
Paradigm specializes in various tax and funding incentives such as the Research & Development Tax Credits, Work Opportunity Tax Credits and State & Local Tax Incentives, for both public and private entities, across a host of industries. The Company's business development and professional teams work hand in hand to provide accurate analyses, establish effective client dialogues, and guarantee rapid turnaround times. To find out more, visit paradigmlp.com.
PRLog ID: www.prlog.org/12458761
SOURCE Paradigm Partners