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.

• Reno, USA • Est. 2018
Visit Website → Contact Email

Investment Requirements

Revenue (ARR)
$300K+
Deal Structure
All cash
Target Industries
B2B Software
Geographic Focus
North America Europe

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

Picreel
First SaaS acquisition with 300K+ ARR (2015 acquisition)
LongTailPro
Keyword research tool, market established for 11+ years
StorageUnitAuctionList.com
Platform for live auction goers, user experience improvements

Similar Acquirers

Silversmith Capital Partners

Growth equity firm focused on supporting entrepreneurs in growing, profitable technology and healthcare companies. Partners with bootstrapped entrepreneurs as their first institutional investor.

Boston, USA
Founded 2015
Industries B2B Software, Tech Services
Deal structure Stock + cash

Accel-KKR

Private equity firm specializing exclusively in software and tech-enabled services companies. One of the most active PE investors in software with 450+ investments over 25 years.

Menlo Park, USA
Founded 2000
Industries B2B Software
Target ~$10M - $200M ARR
Deal structure Flexible

Harris Computer

Global vertical market software provider that acquires, manages, and builds software businesses using a 'forever time horizon.' Focuses on businesses serving public and private sectors including local government, education, public safety, healthcare, and utilities.

Ottawa, Canada
Founded 1976
Industries B2B Software
Response time 24 hours
Deal structure All cash

Last updated: October 6, 2025

Information verified from public sources. Report corrections