THE CURRENT
1982 · CONNECTWISE BEGINS IN TAMPA2019 · A NEW CHAPTER AFTER THE SALE2025 · $40M GIFT WITH LAUREN BELLINI TO USF2026 · THE CYBERBAY CONVERSATION CONTINUES

PEOPLE / TECHNOLOGY & THE NATURAL WORLD

Arnie Bellini and the problem of disconnected things

He spent decades connecting the moving parts of IT businesses. After ConnectWise, Arnie Bellini began applying the same instinct to Florida’s talent, digital defenses and disappearing wild places.

Arnie Bellini’s account of becoming a conservationist has an unusually undignified supporting character: a Florida panther playing with a butterfly. The animal was on its back near his home, behaving less like a symbol of endangered wilderness than a large house cat with an unexpectedly generous garden. Then it looked at him.

The encounter stayed with him. Years later, the co-founder of ConnectWise would put money and organizing energy into protecting Florida’s wildlife corridor. The image helps explain the appeal. A panther requires room to move. A patch of protected land, surrounded by development, can look reassuring on a map while failing the animal that needs to leave it.

Bellini’s subsequent work has a similar preoccupation with connections. Software needs to communicate with other software. Students need a route into employment. Cybersecurity businesses need people who can do the work. Florida’s wild places need to remain joined together. His interests range widely; the recurring problem is fragmentation.

There is a temptation to treat everything an entrepreneur does after selling a company as an epilogue. Bellini has made that reading difficult. He left the ConnectWise chief executive’s chair in 2019. His later projects have involved universities, startup investments, a conservation foundation and a campaign to give Tampa Bay another name: CyberBay.

Before the exit, a spare bedroom

ConnectWise began in 1982 with Arnie and his brother David, in a spare bedroom of their parents’ Carrollwood home. The setting was modest; the timing mattered. Personal computers were arriving in offices, opening a market among smaller businesses that needed help choosing, installing and maintaining them. Someone had to make the promise of the machine survive contact with Monday morning.

Bellini came to that market through accounting and consulting. He earned an accounting degree at the University of Florida and an MBA in finance at the University of South Florida, then worked briefly as a technology consultant at Price Waterhouse. The accountant’s interest in how a business functions would prove useful in a business full of technicians.

An IT service company has two kinds of work: looking after customers’ technology and keeping its own affairs in order. Sales, service requests, projects and billing can each become a separate administrative island. As the business expands, the distance between those islands becomes expensive. The brothers had practical experience of that problem because they were running the service business themselves.

In 1998, Arnie decided to capture the company’s operating practices in an integrated business management application for other IT service providers. The internal knowledge became a product. ConnectWise’s business software linked activities across the life of a customer relationship, from selling a job to tracking the work and handling back-office functions.

That origin gives his career a particular flavor. He was selling tools to people whose working day he understood. The company also developed IT Nation, a gathering place for service providers to exchange experience and business ideas. The software had a community around it, and the community gave the software a conversation with its customers.

THE LONG BUILD
  1. 1982Two brothers start an IT business
  2. 1998Operating knowledge becomes software
  3. 2019A sale, a succession, another beginning

The exit had more than one ledger

In February 2019, ConnectWise announced its acquisition by Thoma Bravo. Bellini would move into an advisory role; president and chief operating officer Jason Magee would become CEO. The official announcement left financial terms undisclosed. The roughly $1.5 billion valuation widely associated with the deal was a reported estimate, rather than a price published in that announcement.

The employee proceeds were another matter. Bellini said hundreds of employees would receive a combined $270 million, with more than 70 employees and alumni becoming millionaires. Employee equity meant that a company sale could alter the personal finances of people well beyond the founders. He plainly enjoyed that aspect of the transaction.

“The concept of sharing the wealth and those who contributed benefit” was how he introduced his defense of employee rewards. The sentiment is more revealing than the valuation. It places the people who helped build the business inside his account of what the business was for.

The celebration came with a harder entry in the ledger. ConnectWise also disclosed the removal of about 110 positions while planning roughly 70 different roles in growth areas. A fair account has room for both the payouts and the people losing jobs. Ownership can spread the rewards of a sale without making a corporate transition painless.

Even the choice to leave took some working through. Thoma Bravo’s later account described Bellini reconsidering whether he wanted to keep running the company before settling on the leadership transition. After almost four decades, stepping aside was evidently a decision with a little movement in it.

$270m
A STAKE IN THE OUTCOME

Combined employee proceeds reported by Bellini at the 2019 sale.

A route from the classroom to the office

Bellini and his wife, Lauren, turned part of their attention toward a familiar business constraint: finding people prepared for the job. Both are USF alumni. Their $10.6 million gift established the Bellini Center for Talent Development at the university’s Muma College of Business in 2022.

The center’s design was practical. Students would begin career preparation in their first year, following a program spanning more than three years. Business executives would help teach the skills they expected from employees. Practice interviews, brief workplace experiences and attention to résumés and professional behavior brought the office closer to the classroom.

This is philanthropy with an employer’s eye for the point at which a process breaks down. A degree and a vacancy can exist in the same city without connecting. The center was intended to give students repeated encounters with work before graduation, while giving companies a better route to future colleagues. The bridge required activity on both banks.

In March 2025, the couple announced a $40 million gift for USF’s Bellini College of Artificial Intelligence, Cybersecurity and Computing. The pairing of AI and security reflected Bellini’s concern that the technologies shaping business also change how it can be attacked. He additionally offered to match up to $5 million in further donations.

The university connection carried a personal coda that December. At graduation exercises, USF awarded Bellini its President’s Fellow Medallion as the new college celebrated its inaugural graduates. The donor was back at his own university, watching the institution begin sending out students under the Bellini name.

Arnie and Lauren Bellini stand with USF leaders and a cybersecurity student at the March 2025 college gift announcement
A class project with a rather large budget. Arnie and Lauren Bellini join USF leaders and student Brianna Deaubler at the March 2025 announcement. Photo: Andres Faza / USF.

Retirement developed an integration problem

Bellini’s return to the managed services conversation in 2024 sounded familiar to anyone who remembered why ConnectWise existed. After a five-year noncompete, he was talking about too many tools, limited choices and applications that failed to work together. He had attended Right of Boom with his son Peter and come away dissatisfied with what service providers were being asked to manage.

His description was blunt: a provider might juggle dozens of applications for IT operations, then add another set for security and compliance. Every extra product brings another relationship, interface and task. In his view, closed or inadequate application programming interfaces made the problem worse. A useful tool becomes less useful when it refuses to converse.

Bellini Capital’s investments included ConnectSecure, Nine Minds and Compliance Scorecard. The names sit in different parts of the same working environment: security, AI and compliance. The portfolio gave his criticism a financial commitment. He was again backing businesses concerned with how service providers actually get through their day.

His conversation about the problem also included a surprisingly domestic comparison. Combining IT operations and security operations, he suggested, was like a Reese’s Peanut Butter Cup. The confectionery industry may not have anticipated this use case. It nevertheless makes his point more neatly than a diagram full of enterprise software acronyms.

“Someone needs to come in and fix it, and I’m that guy.”

Arnie Bellini, on fragmented IT tools, 2024

Leave room for the panther

Bellini founded Live Wildly Foundation in spring 2022. Its work gives the animal on the boardwalk a public consequence: encouraging people to value and protect the connected landscapes of the Florida Wildlife Corridor. In his conservation work, he has also supported the corridor’s protection through political coalition building.

The concern is tied to his economic ambitions for Florida. More companies and jobs bring more demand for development. Preserving connected habitat means considering what happens between the protected places as well as inside them. The commercial instinct to grow needs a corresponding decision about where growth should go.

There is also a literal crossing in Bellini’s biography. On September 4, 2013, aged 54, he swam the English Channel from England to France in 16 hours, 6 minutes and 26 seconds. That is a long time to remain occupied with one destination. His endurance swimming provides a rather less theoretical illustration of persistence than a business-school motto.

His education efforts extend beyond USF. In June 2025, Saint Leo University announced $1.5 million in total support from Bellini, combining an earlier $500,000 contribution with a further $1 million. The money supported cybersecurity education and a dedicated scholarship. Training more people, through more than one institution, fits his regional ambitions.

THE CONNECTION IS THE POINTThree parallel connections in Bellini’s work: software to software, students to employers, and habitat to habitatSoftwareSoftwareStudentsEmployersHabitatHabitat
Different fields, a recurring concern: what happens in the space between. An editorial illustration.

CyberBay needs people in the room

By 2026, CyberBay was taking the form of an ongoing convening effort. Its March summit in downtown Tampa brought together government, business, academia and investors, hosted by Cyber Florida, USF and Bellini Capital. The ambition behind the name was to make the region’s existing institutions behave more like collaborators.

The work beneath that ambition is specific. USF faculty’s 2026 summit sessions covered workforce preparation, service-provider security tools, risky vendor contracts and research with Rapid7. Later in 2026, ReliaQuest Labs expanded at the Bellini College with a software engineering track connecting student teams to live projects. These are institutional efforts with many participants; Bellini’s role is to help create conditions for them to meet.

The remaining test is practical: students reaching jobs, companies finding capable colleagues, security becoming easier to deliver, and wild land remaining connected as the region grows. Bellini’s post-ConnectWise life keeps returning to those junctions. The panther, presumably, has no opinion about software integration. It does need a way through.