These 101 companies buy growth stage software businesses ($1M-$10M ARR)
What They Pay
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Calm Capital
Holding company that acquires profitable businesses with simple models that require little operational effort and have established customer bases.
Southport Ventures
Investment firm focused on mission-critical B2B software businesses with specialized expertise in GovTech, targeting profitable companies with strong operational history.
The Access Group
Leading provider of business management software to mid-market organizations, offering ERP, HR, payroll, CRM, and industry-specific solutions.
Level Equity
Leading middle market growth capital firm providing bespoke guidance to best-in-class software pioneers and technology leaders.
Permanent Equity
Private equity firm investing permanent capital (30-year funds) in family-owned and closely-held companies with no intention of selling, focusing on businesses that 'care what happens next'.
Battery Ventures
Global technology and software-focused investment firm backing potentially cutting-edge, category-defining businesses across multiple sectors and stages.
Vela Software Group
Subsidiary of Constellation Software that acquires, manages and builds industry-specific software businesses globally. Provides vertical market software expertise, operational support and capital to help businesses grow organically and through acquisitions.
PartnerOne
Enterprise software conglomerate that acquires and grows enterprise software companies for the long term, focused on companies with proven products and predictable revenue models.
Banyan Software
Leading acquirer and permanent home for mission-critical enterprise software businesses with a buy-and-hold-for-life strategy.
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
AppHub
E-commerce enablement platform serving merchants across Shopify, WooCommerce, and BigCommerce. Strategic acquirer building comprehensive suite of e-commerce applications through M&A.
Cache Ventures
Venture studio that builds, advises, and invests in companies. Focus on acquiring and managing assets across multiple verticals with indefinite time horizon.
Cuadrilla Capital
Enterprise software investment firm focused on control-oriented SaaS investments, specializing in analytics companies with strong product-market fit and strategic value.
Xenon Partners
Private equity firm that acquires and accelerates early-stage B2B SaaS companies. Provides capital and operational expertise to scale technology businesses through their internal growth team.
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.
Volaris Group
Buy-and-hold acquirer of software businesses focused on long-term success, operating as part of Constellation Software Inc. Provides permanent home for companies with autonomy to operate and access to learning community. Has never sold a business after acquisition.
Arcadea Group
Long-duration investor in typically founder-led vertical software (VSaaS) companies with permanent capital focus. Specializes in high-quality, rapid-growth VSaaS businesses with ultra-long-range potential.
HoriZen Capital
Team of SaaS operators, marketing and finance experts focused on growing and exiting businesses through growth marketing and M&A.
Alleyway Capital
Private equity firm focused on acquiring profitable micro-SaaS companies, taking controlling stakes with a transparent acquisition process.
Appfire
Enterprise collaboration software company that acquires Atlassian marketplace apps and B2B workplace tools, with $200M+ ARR and acquisitions every 6-8 weeks.
Resurgent Capital Partners
Lower middle-market private equity firm specializing in distressed, divestitured, and performing companies across SaaS, business services, healthcare, and e-commerce sectors.
Relay Commerce
E-commerce software holding company that operates & acquires exceptional ecommerce SaaS companies. They buy businesses ready to scale and pair them with their operating team to accelerate growth.
Alpine Investors
People-driven private equity firm specializing in software and services businesses undergoing transitions. Known for their CEO-in-Training program and focus on exceptional talent.
Dura Software
Specialists in acquiring and operating hyperniche software products that fit narrow but mission-critical use cases for business customers. They buy software companies from owners looking for a long-term home and operate them with no intention to sell.