These 82 companies buy scale stage software businesses ($10M+ ARR)
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Francisco Partners
Leading global private equity firm specializing in technology and technology-enabled businesses. Founded to pursue structured investments in technology companies undergoing strategic, technological, and operational inflection points.
Threecolts
E-commerce software company that acquires and operates tools for businesses selling on marketplaces like Amazon, Walmart, and eBay. Built through 14+ strategic acquisitions since 2021.
Battery Ventures
Global technology and software-focused investment firm backing potentially cutting-edge, category-defining businesses across multiple sectors and stages.
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.
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.
Upland Software Inc.
Leader in AI-powered knowledge and content management software, providing cloud-based enterprise work management applications that help customers increase revenue, reduce costs, and deliver immediate value.
VitalHub
Public healthcare software company providing solutions for health and human services providers, focused on patient flow management, EHR systems, and workforce automation.
Gemspring Capital
Lower middle-market private equity firm providing flexible capital solutions across multiple sectors, with dedicated software investment team and $2.1B in aggregate commitments.
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
Thoma Bravo
Leading software-focused private equity firm with $181B+ AUM and 40+ year history, exclusively investing in software and technology companies with focus on categorical leadership.
JMI Equity
Growth equity firm focused on investing in leading software companies. Partners with exceptional founders, entrepreneurs, and management teams at high-growth software companies.
Genesys
Leading AI-powered customer experience and contact center technology company that acquires CX, AI, and customer engagement platforms to enhance experience orchestration capabilities.
Ideagen
Leading provider of software solutions for regulated and high-compliance industries including EHS, quality management, risk management, audit, and collaboration tools.
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.
Shop Circle
Leading AI-driven technology platform that acquires and grows e-commerce software, specializing in commerce-centric products powered by AI.
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.
Pantastic Apps
E-commerce platform and acquirer that provides enterprise-grade application tools for independent brands to power their ecommerce operations, including AI-powered personalization, post-purchase offers, and affiliate marketing solutions
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.
Hunter Search Capital
Private investment fund focused on partnering with entrepreneurs through search funds and other entrepreneurship through acquisition (ETA) vehicles to acquire and grow small businesses
Balio
Team of ex-SaaS founders, operators, and investors who acquire and scale B2B software companies while preserving founder legacy.
Enduring Ventures
Long-term holding company inspired by Berkshire Hathaway that buys exceptional businesses and holds them forever. Founded by Xavier Helgesen and Sieva Kozinsky, focuses on control cash-flow buyers typically acquiring 51%-100% of businesses.
Bloom Equity Partners
Growth equity firm investing in mission-critical B2B SaaS and fintech companies with competitive moats and strong customer retention metrics.
New Mountain Capital
Private equity firm focusing on 'defensive growth' investments in mid-sized companies from economically acyclical industries. Emphasizes business building and growth rather than excessive risk.
CVC Groups
Computer Ventures in Canada (CVC) Groups acquires, develops, and boosts IT, Telco, VARs, MSPs, and MSSPs. Self-funded with over $1 billion in transactions and 150+ years of combined board experience.