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
Lead Edge Capital
Growth equity firm with $5 billion in assets under management investing in software, internet, and tech-enabled businesses globally. Backed by a network of 700+ executives.
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.
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.
Last updated: October 6, 2025
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