These 82 companies buy scale stage software businesses ($10M+ ARR)
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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.
The Brydon Group
Combat veteran-led private equity firm that partners with mid-career operators to acquire small businesses in B2B, B2G, and healthcare software and services. Focuses on CEO-in-Residence programs and provides committed capital with operational support.
Constellation Software Inc.
Leading provider of software and services to select public and private sector markets. Acquires, manages and builds industry-specific software businesses.
Shop Circle
Leading AI-driven technology platform that acquires and grows e-commerce software, specializing in commerce-centric products powered by AI.
Software Combined
Australia-based holding company focused on acquiring profitable B2B industry-specific software businesses with recurring revenue, backed by Navis Capital Partners.
Horizon Capital
UK private equity firm specializing in buy-and-build strategies for technology services, software, data analytics, and business services companies with up to £100M enterprise value.
The Access Group
Leading provider of business management software to mid-market organizations, offering ERP, HR, payroll, CRM, and industry-specific solutions.
Software Circle
UK-based public company (PLC) and serial acquirer of vertical market software businesses. Inspired by Constellation Software model, they provide a permanent home for software companies with decentralized operations while helping founders find exit strategies 'without fuss.'
Harris Computer
Global vertical market software provider that acquires, manages, and builds software businesses using a 'forever time horizon.' Focuses on businesses serving public and private sectors including local government, education, public safety, healthcare, and utilities.
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.
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.
Jonas Software
Leading acquirer of mission-critical vertical market software companies with over 20+ years of experience. Buy-and-hold forever acquirer operating on decentralized model, providing businesses with tools and network to grow into successful companies.
AppHub
E-commerce enablement platform serving merchants across Shopify, WooCommerce, and BigCommerce. Strategic acquirer building comprehensive suite of e-commerce applications through M&A.
Balio
Team of ex-SaaS founders, operators, and investors who acquire and scale B2B software companies while preserving founder legacy.
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.
Jaan Capital
Operator-led search fund dedicated to acquiring a single small to medium-sized SaaS business. Led by Raj Mahajan, former CEO who acquired, ran, and sold SuperSalon.
team.blue
Europe's leading digital enabler for entrepreneurs and SMBs. Serial acquirer building comprehensive digital services platform through M&A across 22 countries.
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
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.
Vitec Software Group
Leading provider of vertical software solutions that develops and delivers standardized software for various industry niches, growing primarily through acquisitions of well-managed software companies
Accel-KKR
Private equity firm specializing exclusively in software and tech-enabled services companies. One of the most active PE investors in software with 450+ investments over 25 years.
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.
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.
Turn/River Capital
Software investment firm that partners with B2B software companies, providing data-driven methods, hands-on operational support, and flexible capital.