Open Access Ventures Acquires Koru to Enhance Business Operations with Innovative and Sustainable Technology
Open Access Ventures has acquired Koru, a leader in tech-enabled sustainability consultancy, to enhance their focus on sustainable practices within the hospitality industry. This acquisition strengthens OAV’s commitment to driving positive environmental impact through strategic investments.
Strategic acquisition positions Open Access Ventures at the forefront of impactful technology investments; Koru’s CEO, Ricky Marton, to lead the transition as the new President of Open Access Ventures.
Open Access Ventures, a Florida-based micro-private equity firm, announced today its acquisition of Koru, a tech-enabled consultancy specializing in sustainable business practices. This acquisition represents a significant step in Open Access’s mission to support businesses that prioritize creating positive social and environmental outcomes. In line with this vision, Koru’s CEO and co-founder, Ricky Marton, will be appointed as the President of Open Access, guiding this transition.
“We are thrilled to welcome Koru into the Open Access family,” said Steve Gelley, CEO and Managing Partner of Open Access Ventures. “Koru’s expertise and advanced AI technology align perfectly with our strategy to support companies that are committed to making a positive impact. With Ricky Marton at the helm, we aim to leverage these strengths to create a competitive advantage, driving exceptional financial returns while contributing positively to communities and the planet.”
Koru’s platform, developed using proprietary research and a slew of advanced AI systems by CTO and co-founder, Devarshan Patel, specializes in delivering customized roadmaps, AI-generated insights, and comprehensive analyses. By integrating Koru’s capabilities, Open Access Ventures will enhance its ability to offer portfolio companies actionable solutions that not only improve business performance but also foster meaningful change that benefits society and the environment.
As part of the acquisition, Ricky Marton will assume the role of President at Open Access Ventures. Marton’s extensive experience in combining technology with purpose-driven strategies will be crucial in steering Open Access towards its goal of leveraging innovation to achieve both business success and positive societal impact.
About Open Access Ventures
At Open Access Ventures, we redefine private equity with a bold commitment to innovation and growth. We focus on companies prioritizing responsible practices, leveraging them as a competitive advantage to drive exceptional financial returns while creating positive outcomes for both people and the planet. Our unique approach blends capital with deep expertise, deploying a team that integrates seamlessly into a business to accelerate success. For more information, visit www.oav.ventures
About Koru
Koru is a tech-enabled consultancy that offers small and medium-sized businesses affordable, customized roadmaps for integrating responsible business practices. Utilizing advanced AI technology, Koru delivers actionable insights that help businesses enhance their operations while generating significant returns. For more information, visit www.koru.global