These 68 companies buy early stage software businesses (under $1M ARR)
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Noosa Labs
Serial acquirer of profitable small SaaS products helping SMBs and prosumers run their business efficiently. They operate and improve products for long-term customer benefit, focusing on businesses with strong organic growth, high profitability, and stable codebase.
Appfire
Enterprise collaboration software company that acquires Atlassian marketplace apps and B2B workplace tools, with $200M+ ARR and acquisitions every 6-8 weeks.
Big Band Software
B2B SaaS software holding company committed to harmonizing capital, culture and teams. Buys companies to run long-term without pressure to quickly extract or flip. Focuses on growing and profitable B2B SaaS businesses that serve other businesses.
Vertus Group
Rebranded division of Jonas Software and Constellation Software launched in December 2023. Acquires high-performing vertical market software businesses with buy-and-hold forever approach, preserving entrepreneurial culture across 7 distinct verticals.
Alpine Software Group
Vertical SaaS acquirer and operator helping industry-specific software businesses become market-leading platforms. Branch of Alpine Investors with 50+ acquisitions since 2016.
EG A/S
Leading Nordic vertical software company providing industry-specific SaaS solutions across healthcare, construction, public administration, and other vertical markets. Serves over 32,000 customers and has over 2,400 employees primarily in Nordic countries.
EXA Capital
Strategic operators and investors in growing vertical market software companies. Buy-and-hold forever model focused on preserving founder legacies while enabling growth.
First Principles
Venture holding company that starts, acquires, and advises B2B SaaS companies. Focuses on building and scaling businesses in Martech, Fintech, and HR space with goal to create $100M in enterprise value annually.
ClearCourse
UK private equity-backed software and embedded payments specialist that acquires industry-specific software businesses across retail, hospitality, membership, and business services sectors.
Battery Ventures
Global technology and software-focused investment firm backing potentially cutting-edge, category-defining businesses across multiple sectors and stages.
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.
WestView Capital
Boston-based private equity firm focused on growth-oriented companies. Partners with exceptional entrepreneurs in minority and majority recapitalizations, growth capital and buyout transactions.
Awesome Motive
Software holding company that creates tools and training to help small businesses grow & compete with the big guys. Over 30 million websites use their software.
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.
Genesys
Leading AI-powered customer experience and contact center technology company that acquires CX, AI, and customer engagement platforms to enhance experience orchestration capabilities.
Fork Equity
Micro private equity firm that specializes in buying, growing, and selling small B2B SaaS businesses, providing 'painless exits for bootstrapped founders'.
MRI Software
Leading global provider of real estate software solutions for commercial and residential property management, investment management, and PropTech. The largest real estate software company in the world with 6+ million users.
Visma
Europe's leading provider of mission-critical cloud business software including accounting, payroll, invoicing, HR, and ERP solutions for small businesses, medium businesses, and public sector.
Ideagen
Leading provider of software solutions for regulated and high-compliance industries including EHS, quality management, risk management, audit, and collaboration tools.
ETA Equity
Search fund investor that invests in and supports entrepreneurs seeking to acquire and operate established small businesses through the Entrepreneurship Through Acquisition (ETA) model
Tyler Technologies Inc.
Provider of proprietary software to the United States public sector, offering integrated software and technology services for local governments, courts, schools, and other government entities.
Polychrome
Investment firm focused on acquiring majority equity positions in early-stage B2B SaaS businesses and unlocking growth through operational expertise.
Razor Group
Leading e-commerce aggregator that acquires and scales promising online brands, particularly Amazon FBA businesses. Uses proprietary technology and data infrastructure to unlock brands' full potential through strategic acquisition and growth.
Arising Ventures
Holding company that acquires and operates B2B tech businesses, specializing in turnarounds and special situations with a focus on high-margin software platforms.