Growth Stack
Private equity firm focused on acquiring and growing profitable B2B SaaS businesses worldwide, with rapid deployment teams across five countries providing expertise to accelerate business growth.
Investment Requirements
Company Overview
Growth Stack
What They Buy
- Target: Profitable B2B SaaS businesses worldwide
- Size: 300K+ ARR minimum (first acquisition was Picreel at 300K ARR)
- Focus: Mid-stage companies ready to scale
- Returns: Target mid to high 20% range returns
- Structure: Strategic acquisitions for growth acceleration
- Geography: Global reach with teams across five countries
Recent Major Acquisitions
- Picreel: First seven-figure SaaS acquisition with 300K+ ARR (2015)
- LongTailPro: Established keyword research tool (11+ years in market)
- StorageUnitAuctionList.com: Live auction platform with UX improvements
- Ukrainian Business: First seven-figure international acquisition (2014, 100% ROI first year)
Track Record
- Founded: 2018 in Reno, Nevada by Kevin Petersen
- Leadership: Kevin Petersen (CEO, ex-On Assignment IPO veteran)
- Scale: Rapid deployment teams across five countries
- Philosophy: Bring SaaS asset class to well-diversified investors
- Target: Pre-market valuation beyond $100M by 2023
- Experience: Kevin Petersen helped grow On Assignment from $7M to $65M (IPO 1996)
Portfolio Companies
Similar Acquirers
Horizon Capital
UK private equity firm specializing in buy-and-build strategies for technology services, software, data analytics, and business services companies with up to £100M enterprise value.
Omegro
People-first buy-and-grow acquirer of software companies providing a permanent and safe home for long-term sustainable growth. Part of Constellation Software with over 1,000 acquisitions completed and a commitment to never sell any business.
Jaan Capital
Operator-led search fund dedicated to acquiring a single small to medium-sized SaaS business. Led by Raj Mahajan, former CEO who acquired, ran, and sold SuperSalon.
Last updated: October 6, 2025
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