Cordance

North Carolina-based holding company that acquires founder-owned vertical B2B SaaS companies with strong leadership and high growth potential.

North Carolina, USA Est. 2020

Investment Requirements

Revenue (ARR)
$2M - $10M
Deal Structure
Flexible
Target Industries
B2B Software
Geographic Focus
North America

Company Overview

Cordance

What They Buy

  • Target: Founder-owned vertical B2B SaaS companies
  • Size: $2M - $10M ARR with 20% YoY growth
  • Requirements: Product-market fit, strong teams, high customer retention
  • Focus: Readiness to serve expanded customer base
  • Structure: Long-term partnerships with operational expertise
  • Verticals: Industrial, construction, retail, healthcare, education

Recent Major Acquisitions

  • Channel Software: B2B eCommerce for manufacturers/distributors (January 2025)
  • DQ Technologies: Technology solutions (July 2025)
  • Secure Retail POS Systems: Point-of-sale systems (March 2025)
  • Campus Kaizen: EdTech platform (November 2024)
  • BuildCentrix: Construction workflow optimization
  • Blue Link ERP: ERP for pharma and food & beverage

Track Record

  • Founded: 2020 by Aquiline Capital Partners
  • Leadership: Caroline Morris (CEO, ex-Lone Wolf COO, Harvard MBA)
  • Scale: 6+ acquisitions across multiple verticals
  • Philosophy: Preserve company culture while accelerating growth
  • Approach: Financial and strategic support for founder-led businesses
  • Focus: Strong niche positions in vertical markets

Portfolio Companies

Channel Software
B2B eCommerce platform for manufacturers and distributors (January 2025)
DQ Technologies
Technology solutions company (July 2025)
Secure Retail POS Systems
Point-of-sale systems for retail (March 2025)
Campus Kaizen
EdTech platform (November 2024)
BuildCentrix
Construction workflow optimization platform
Blue Link ERP
ERP solutions for pharma and food & beverage industries