B2B Equipment Rental Marketplace, KWIPPED.com, Continues Expansion with Investment, New Hires, First Board Appointment

Randy Swartz

Randy Swartz, Board Director

Summary: KWIPPED, an online marketplace for equipment renters and suppliers, has announced multiple new hires, the appointment of its first Board of Directors member and a milestone reached in funding.

Wilmington, NC; January 30, 2015 – A new rental industry startup is preparing for growth in 2015 with the onboarding of several key players. KWIPPED has announced the appointment of its founding Board of Directors member as well as the hire of two new employees.

Randy Swartz has joined the firm’s Board of Directors, prepared to offer invaluable guidance stemming from in-depth experience in entrepreneurship and business management.

“At KWIPPED, we want to serve as more than a marketplace for businesses. We want to serve as a go-to resource to help companies succeed. Essentially, that’s what we are looking for from our Board,” said Robert Preville, co-founder and CEO. “With his insight, Randy will enable us to expand our services and witness KWIPPED become all that we envision.”

A seasoned executive, Swartz previously served as CEO for Day & Zimmerman International and Chemtex, as well as in C-suite positions for DuPont, CH2MHill and BE&K. He has chaired committees for the National Construction Industry Institute, has been honored as a Distinguished Alumni by the Georgia Institute of Technology, and has been inducted into the N.C. State University’s Engineering Hall of Fame.

Swartz recently provided the startup with more than expertise alone. The seasoned executive and financier agreed upon a term sheet with KWIPPED for a significant cash investment.

“Randy understands our vision and as our initial Angel investor, he is wholly committed to our success,” Preville said. “We will use this funding to build out our sales and marketing efforts tremendously. As a result, we anticipate and are prepared for great growth. This is truly the best way for us to kick-start our first full year in business.”

In an effort to expand their reach, KWIPPED founders recently added and filled two vital positions within the company: Social Media Community Manager and Business Development Manager.

“We plan to make the most of the advice and knowledge Randy brings to the table and the expertise of our newest hires,” Preville said. “It’s a great confidence-driver for all three top-level professionals to place their trust in KWIPPED and to believe in what we are doing.”


KWIPPED is a trusted community marketplace for businesses to locate, discover and rent specialized equipment for commercial applications. KWIPPED’s proprietary technology streamlines sourcing from a global network of equipment rental suppliers to reduce risk, assure quality and facilitate trusted relationships between marketplace members. To learn more, visit KWIPPED.com.

Press Contact:

Claire Dillard, 910.399.2700, [email protected]

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