These acquirers buy tech companies

Curated directory of 100+ companies that acquire software and tech-enabled companies.

XO Capital

Micro private equity firm founded by experienced operators who buy small, profitable B2B SaaS businesses. Founded by Andrew Pierno, Danny Chu, and Henry Armistead who collectively raised over $20M and sold 3 companies before starting XO.

Santa Monica, USA
Founded 2020
Industries B2B Software
Target ~$600K+ ARR
Close time 30 days
Deal structure All cash

Vista Equity Partners

Leading software-focused private equity firm with $100B+ AUM and 600+ transactions, specializing in enterprise software, data, and technology companies with founder-friendly approach.

Austin, USA
Founded 2000
Industries B2B Software, Tech Services
Deal structure Flexible

SpringSt Capital

Private equity firm that buys and scales vertical software businesses, providing deep operating expertise and long-term commitment to serving founders' people, customers, and legacy. Focuses on Energy, Healthcare, and Real Estate sectors.

United States
Industries B2B Software
Target ~$2M - $10M ARR
Deal structure 100% acquisition, Majority ownership

Performant Capital

Chicago-based lower middle-market private equity firm focused on technology-driven companies with recurring revenue, specializing in software, tech-enabled services, and data intelligence.

Chicago, USA
Founded 2019
Industries B2B Software, Tech Services
Deal structure Flexible

Permanent Equity

Private equity firm investing permanent capital (30-year funds) in family-owned and closely-held companies with no intention of selling, focusing on businesses that 'care what happens next'.

Columbia, Missouri
Founded 2007
Industries B2B Software
Deal structure Stock + cash

PartnerOne

Enterprise software conglomerate that acquires and grows enterprise software companies for the long term, focused on companies with proven products and predictable revenue models.

Montreal, Canada
Founded 1995
Industries B2B Software
Close time Under 30 days
Deal structure All cash

Topicus.com Inc.

Leading pan-European provider of vertical market software and vertical market platforms to clients in public and private sector markets. Operates and invests in countries across Europe, acquiring, building and managing specialized software companies providing mission-critical solutions.

Amsterdam, Netherlands
Founded 2021
Industries B2B Software

Verne

Micro-private equity firm that buys mission-critical B2B SaaS companies with a founder-friendly approach emphasizing transparency and minimal disruption.

United States
Founded 2020
Industries B2B Software
Target ~$300K - $5M ARR
Deal structure All cash

Thoma Bravo

Leading software-focused private equity firm with $181B+ AUM and 40+ year history, exclusively investing in software and technology companies with focus on categorical leadership.

Chicago, USA
Founded 1980
Industries B2B Software, Tech Services
Deal structure All cash

Software Circle

UK-based public company (PLC) and serial acquirer of vertical market software businesses. Inspired by Constellation Software model, they provide a permanent home for software companies with decentralized operations while helping founders find exit strategies 'without fuss.'

London, UK
Founded 2000
Industries B2B Software
Deal structure All cash

WestView Capital

Boston-based private equity firm focused on growth-oriented companies. Partners with exceptional entrepreneurs in minority and majority recapitalizations, growth capital and buyout transactions.

Boston, USA
Founded 2004
Industries B2B Software, Tech Services
Deal structure Stock + cash, Flexible

Medallia

Enterprise experience management SaaS platform that captures and analyzes real-time customer and employee feedback, offering AI-powered insights for customer communication and engagement.

San Francisco, USA
Founded 2001
Industries B2B Software
Deal structure All cash

Volition Capital

Boston-based growth equity firm partnering with founders to accelerate business growth and scale innovative, high-potential companies. Focuses on founder-owned, capital-efficient businesses.

Boston, Massachusetts
Founded 2010
Industries B2B Software, Tech Services
Target ~$5M - $50M ARR

TELEO Capital

Lower middle-market private equity firm targeting enterprise software, healthcare IT, and tech-enabled services with focus on empowering management teams to execute business plans.

Los Angeles, USA
Founded 2015
Industries B2B Software, Tech Services
Deal structure Flexible

Alpine Software Group

Vertical SaaS acquirer and operator helping industry-specific software businesses become market-leading platforms. Branch of Alpine Investors with 50+ acquisitions since 2016.

Walnut Creek, USA
Founded 2016
Industries B2B Software
Deal structure Flexible

Third South Capital

Micro-holding company focused on acquiring niche software businesses with $15K-$80K MRR that have proven product-market fit and low operational overhead.

Richmond, USA
Founded 2020
Industries B2B Software
Target ~$180K - $1M ARR
Deal structure All cash

Razor Group

Leading e-commerce aggregator that acquires and scales promising online brands, particularly Amazon FBA businesses. Uses proprietary technology and data infrastructure to unlock brands' full potential through strategic acquisition and growth.

Berlin, Germany
Founded 2020
Industries E-commerce & Payments
Deal structure 100% acquisition, All cash

HoriZen Capital

Team of SaaS operators, marketing and finance experts focused on growing and exiting businesses through growth marketing and M&A.

Edmonton, Canada
Founded 2019
Industries B2B Software
Target ~$1M - $5M ARR

The Brydon Group

Combat veteran-led private equity firm that partners with mid-career operators to acquire small businesses in B2B, B2G, and healthcare software and services. Focuses on CEO-in-Residence programs and provides committed capital with operational support.

Washington, D.C.
Founded 2020
Industries B2B Software
Deal structure Stock + cash

Scaleworks

Private equity firm that acquires and operates B2B SaaS companies using their 'Venture Equity' model with hands-on operational approach and focus on scaling businesses from $5M-$20M ARR.

San Antonio, USA
Founded 2015
Industries B2B Software
Target ~$1M - $10M ARR
Deal structure All cash

SureSwift Capital

Exceptional operators of B2B SaaS businesses. Acquires SaaS businesses from independent founders and takes them to the next stage of growth.

Victoria, Canada
Founded 2015
Industries B2B Software
Deal structure All cash

Alicorn Venture Partners

European venture capital firm specializing in growth-stage frontier technology companies through secondaries and bespoke primary transactions, with strong focus on Israel and UK markets.

London, UK
Founded 2017
Industries B2B Software
Deal structure Stock + cash, Flexible

LTV SaaS Growth Fund

U.S. investment fund focused on SaaS and software investments in privately held businesses, with over 50 years combined SaaS M&A experience and access to exclusive private acquisition data.

Denver, USA
Founded 2018
Industries B2B Software
Target ~$1M - $50M ARR
Deal structure Flexible

VitalHub

Public healthcare software company providing solutions for health and human services providers, focused on patient flow management, EHR systems, and workforce automation.

Toronto, Canada
Founded 2003
Industries B2B Software
Deal structure Cash + earnout