JACKSONVILLE, Fla. - TelAve -- AutoQuotes, an innovative leader in technology and software for the foodservice equipment and supplies (FES) industry, announces the appointment of Ryan Asche as the company's new Chief Financial Officer. In this role, Asche will be responsible for all aspects of AQ's accounting, finance and administrative operations and will steer the company's financial strategy as AQ accelerates its growth in North America, the UK and Europe.

Asche joins AQ from The Rainmaker Group, a global leader in revenue and profit optimization solutions for the hospitality sector (recently acquired by Cendyn) where he served as CFO. Prior to that, he held leadership positions in the financial planning and analysis functions for First Advantage, a workforce solutions company where he supported all global FP&A activity including business plan development, forecasting, financial analysis and business strategy. Asche began his career as an auditor and financial consultant for Aprio, an Atlanta-based CPA firm where he specialized in assisting clients in the software and technology sectors. He holds a bachelor's and master's degree in accounting from Georgia Southern University.

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"Ryan brings substantial financial, operational and global markets experience to the team and we are pleased to welcome him to AQ," said Jim Contardi, CEO of AutoQuotes. "As we invest in the growth of the product portfolio and expansion into new markets, his leadership and expertise will be critical to help scale our business."

"I am excited to join AQ at such a pivotal time," said Asche. "AQ has a reputation for being an industry leader and I look forward to playing a role in optimizing our operations to better serve our customers and take AQ to the next level."

The arrival marks the latest addition to AQ's executive team, which recently announced executive appointments in Business Development and Technology.

"We are on an exciting trajectory in terms of new innovation, growth, and talent," said Contardi. "Across the business, we are building a team that will deliver on AQ's promise of value creation and support of the industry."

Luminate Capital Partners invested in AutoQuotes in 2018 in order to maximize its growth potential and sustain operational excellence.

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About AutoQuotes
AutoQuotes, LLC is the leading provider of technology solutions and services for the foodservice equipment and supplies industry, including an online catalog and quotation and design applications. Headquartered in Jacksonville, Florida, the company serves customers throughout the Americas, UK and Europe. Learn more at www.aqnet.com.

About Luminate Capital Partners
Luminate Capital Partners is a private equity firm focused on investments in software and software-enabled services companies. Luminate partners with management teams to provide flexible capital to drive strategy, growth and operational improvements. For more information visit www.luminatecapital.com.