#4: Bluewave’s Seth Penland

Seth Penland, the CEO of Bluewave Technology Group, has vision, promising to take the company to a new level. His ambition is what put him on this week’s list.

Bluewave is harnessing $75 million in capital to buy agents and build a technology advisory and life cycle management company. The transaction is one of the largest the traditional channel partner space has seen.

“We’re really focused on building a great premium advisory life cycle management company that is going to be here for the next 20 years,” Penland told Channel Futures. “M&A is obviously a core part of that strategy. We’re well-capitalized to pursue a lot of acquisitions if we find good targets that match our strategy and fit well within our culture.”

Learn more about Bluewave’s business model through James Anderson’s reporting.