Investment Criteria

Building On An Established Path.

We focus on investing in established software and tech-enabled services businesses that have a legacy of delighting customers, a differentiated product, and a history of disciplined profitability.

We look to partner with owners and operators who would like to lessen their day-to-day operational involvement and place a premium on maintaining their legacy.


Business Profile

  • Differentiated SaaS product or tech-enabled service offering

  • Loyal, growing customer base

  • $3-15M+ of recurring revenue

  • Capital efficient with a history of profitability

  • Based in North America


Industry Profile

  • Stable market with attractive macro tailwinds

  • Fragmented competitive landscape void of well-capitalized market leaders

  • Specialized industry with a demand for purpose-built solutions


Owner Profile

  • Seeking a significant recapitalization or majority sale of the business with the option to participate in future upside

  • Looking to take a less active day-to-day role as we step in to help manage the business

  • Places importance on the continued legacy of their business