Ionic Partners
Global enterprise software investment firm led by seasoned operators, dedicated to acquiring and scaling B2B software companies. Focuses on 'Second Chasm' companies - those with strong products and recurring revenue but constrained growth.
Investment Requirements
Company Overview
About Ionic Partners
Ionic Partners is a global enterprise software investment firm led by seasoned operators, dedicated to acquiring and scaling B2B software companies. They focus on ‘Second Chasm’ companies - those with strong products and recurring revenue but constrained growth.
Investment Focus
- Target: Second Chasm companies with strong products and recurring revenue
- Revenue Range: $5M - $50M ARR
- Specialization: Mission-critical B2B software
- Geography: Global presence (US, Canada, Western Europe)
Acquisition Philosophy
Ionic Partners specializes in:
- Corporate carve-outs with unparalleled speed
- Majority sale to full buy-out transactions
- Focus on vertical SaaS in government, education, healthcare, industrials
- Speed-focused process measured in weeks, not months
Portfolio Companies
Their portfolio includes companies like:
- Sparkrock: ERP solutions for K-12 schools and nonprofits
- Edsembli: Education technology (merged with Sparkrock)
- CXT Software: Logistics and transportation software
- Gigster: Development platform (previously owned, sold to Virtasant in 2024)
Geographic Reach
Operating globally with focus on US, Canada, and Western Europe, Ionic Partners has completed 5+ strategic acquisitions with emphasis on mission-critical software serving vertical markets.
Portfolio Companies
Founder Testimonials
"At the time of Ionic's investment, Gigster was saddled with operational and balance sheet issues that hindered the business and obscured the exceptional quality of Gigster's products, employees, and customers. This is not uncommon among 'Second Chasm' companies. In less than three years, Ionic Partners utilized its differentiated transformation approach to overhaul Gigster's business, achieve profitability, and propel the company towards strong growth."