Calm Capital

What They Buy

• Target: Profitable businesses with simple models (“Grandma can understand”)
• Size: $2M - $10M revenue, several years in business
• Requirements: Little market risk, established customer base
• Focus: No significant effort or large teams required to operate
• Philosophy: “Principled, patient, and persistent” approach
• Structure: Majority/controlling stakes, long-term holding

Recent Major Acquisitions

• Wavve: Audio visualization and podcast marketing platform
• Judicial Systems: Court management software
• Honestly: Customer feedback platform

Track Record

• Founded: 2018 by David Horne and Marty Balkema
• Scale: 10 companies under management, $8M+ total portfolio revenue
• Leadership: David Horne (Co-founder, ex-marketing entrepreneur)
• Model: Majority stakes in 7 companies, minority in 2
• Philosophy: Avoid “grow at all costs” mentality, focus on cash flow
• Approach: Simple business models, established profitability