--- title: "Capstreet-backed PlanetBids Names Kaleb Boudreaux as SVP of Finance" description: "ORMOND BEACH, Fla., July 29, 2025, PlanetBids (or “the Company”), a provider of procurement software as a service (SaaS) solutions, today announced the..." url: https://capstreet.multisites.ai/news/capstreet-backed-planetbids-names-kaleb-boudreaux-as-svp-of-finance publisher: Capstreet phone: +1-713-332-2700 contact: https://capstreet.multisites.ai/contact --- # Capstreet-backed PlanetBids Names Kaleb Boudreaux as SVP of Finance OtherPublished August 20, 20253 min read ![Capstreet team members at Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_Z23gxjt.webp) ORMOND BEACH, Fla., July 29, 2025 — PlanetBids (or “the Company”), a provider of procurement software as a service (SaaS) solutions, today announced the appointment of Kaleb Boudreaux as Senior Vice President of Finance, reporting to CEO David DiGiacomo. Mr. Boudreaux will be responsible for overseeing the Company’s financial health, driving strategic growth, and advising executive leadership on investment strategies, cost optimization, and risk management. PlanetBids is backed by Capstreet, a Houston-based lower middle market private equity firm. “I’m thrilled to welcome Kaleb to the PlanetBids team,” said Mr. DiGiacomo. “His sharp eye for data, hands-on M&A experience, and deep SaaS expertise bring exactly the kind of firepower we need as we seek to accelerate our growth, both organically and through smart acquisitions.” Mr. Boudreaux joins PlanetBids from supply chain risk manager Veriforce, where he was Director of Finance for close to seven years, responsible for financial strategy, mergers & acquisitions and due diligence, budgeting and forecasting, and sales and revenue optimization. He began his career at PriceWaterhouseCoopers. Mr. Boudreaux earned his bachelor’s and master’s degrees in accounting from Louisiana State University. “I’m excited to be a part of PlanetBids’ next chapter as we strive for smart, strategic growth, while making sure our customers have a modern, intuitive platform that delivers real value,” said Mr. Boudreaux. “I’m looking forward to teaming up with the talented folks at PlanetBids and Capstreet to meet the growing demand for a simpler, more effective procurement solution.” **About PlanetBids** PlanetBids is a procurement company providing software solutions to help government, private, nonprofit and educational procurement teams. Since 2000, PlanetBids has assisted customers nationwide in their outreach efforts to suppliers, while also helping them gain greater control and visibility over spend and streamlining many traditional time-consuming procurement practices. Its complete line of sustainable eProcurement solutions is offered through a suite of powerful modules that are easy-to-use, configurable, reliable and secure. For more information, visit the PlanetBids website, [https://home.planetbids.com](https://home.planetbids.com/). **About Capstreet** Founded in 1990, Capstreet invests in lower middle market software, tech-enabled services, and industrial business services companies. With more than 50 platform investments and more than 200 add-on acquisitions since inception, Capstreet’s investment strategy is focused on utilizing its Capvalue Framework® to help accelerate growth and profitability, and create long-term sustainable businesses. The majority of Capstreet’s investments have been with founder- or entrepreneur-owned businesses. For more information, visit the Capstreet website, [https://capstreet.com](https://capstreet.com/). ## Terms on this page - [Lower Middle Market](https://capstreet.multisites.ai/glossary/lower-middle-market) - [Private Equity](https://capstreet.multisites.ai/glossary/private-equity) - [Due Diligence](https://capstreet.multisites.ai/glossary/due-diligence) ## Keep reading - [Automotive technology private equity for dealer-focused companiesCapstreet invests in automotive technology businesses that help dealerships. The firm targets solutions for sales, marketing, finance and insurance, and service lane operations. It describes several recent investments in the sector and looks for owners with $3 to $15 million of EBITDA who want a majority capital partner.](https://capstreet.multisites.ai/industries/automotive) - [Business Succession and Exit Options: How to Choose the Right Next Step for Your CompanyOwners have five main exit paths: transfer to family, sell to management, sell to employees through an ESOP, sell to a strategic buyer, or partner with private equity. Each trades price, speed, control and legacy differently. Start planning at least three to five years before you want to step back.](https://capstreet.multisites.ai/business-succession-and-exit-options) - [Buy and Build Strategy: How a Platform Company Grows Through Add-On AcquisitionsA buy and build strategy starts with one well-run platform company and adds smaller businesses to it over time. The goal is a larger, more capable company than any single piece could be. It fits fragmented industries best. Owners of smaller firms can sell to a platform and often stay on.](https://capstreet.multisites.ai/buy-and-build-strategy) - [Construction technology private equity for software ownersCapstreet believes technology can drive large changes in construction efficiency and project delivery. It targets software businesses that support project and financial management for general contractors and sub-contractors. The firm sees the industry as early on its technology adoption curve and looks for owners with $3 to $15 million of EBITDA.](https://capstreet.multisites.ai/industries/construction) - [Capstreet deal criteria: the companies we look forCapstreet looks for entrepreneur-owned business services companies with $3 to $15 million of EBITDA. We make primarily majority investments, and entrepreneurs reinvest alongside Capstreet. We want a tenured team, solid financials, a defensive business model, untapped growth potential and a niche advantage. We invest across 12 industries.](https://capstreet.multisites.ai/deal-criteria) - [The due diligence checklist for owners selling to private equityDue diligence is the buyer's check of your business after you sign a letter of intent. Private equity firms review five areas: financial (quality of earnings), operations, tax, HR and benefits, and legal. Owners who gather clean records before the process starts shorten it and face fewer surprises.](https://capstreet.multisites.ai/guides/due-diligence-checklist-for-owners) ## Ready to get started? Let’s talk. Tell us about your company and what you want next. Conversations are private, and there is no obligation. [Start a conversation](https://capstreet.multisites.ai/contact) [(713) 332-2700](tel:+1-713-332-2700)[connect@capstreet.com](mailto:connect@capstreet.com) ![Capstreet team members at a Houston elementary school for Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_tggWP.webp)