Our Strategy

We make significant minority or control recapitalization investments in market leading technology companies.

Our aim is to align interests of all stakeholders by simplifying the capital structure and embracing a shared vision for the future of the Company.

Our capital is primarily used to accelerate organic growth by investing in new products and markets. We also pursue scale acceleration through inorganic acquisitions.

Investment Parameters

  • Sectors / Industries

    Software, digital media, marketplaces and tech-enabled businesses.

    B2B and B2C, horizontal and vertical solutions.

  • Business Models

    Subscription or predictable, recurring revenue businesses with sticky customers.

    Gross margins >50% with the potential for EBITDA margins >25%.

  • Financial Profile

    Typically $15-100 million in revenues, growing in excess of 10%, and with modest burn rates or profitable.

  • Stage / Ownership

    Privately-owned companies that are founder-owned, VC/PE-backed, or corporate spin-outs.

  • Transaction Types

    Significant minority or control.

    Our targets are often opportunity constrained due to complicated capital structures and/or investors that are seeking liquidity (often for older vintage funds) rather than investing in growth.

  • Use of Proceeds

    Primary capital to invest in organic growth and/or add-on acquisitions.

    Secondary capital to provide liquidity to owners/employees.