Software & Technology Private Equity Firms
86 mid-market firms that invest in software & technology companies. Each profile covers check size, target EBITDA, strategy, and add-on appetite, sourced from the firms' own published criteria.
Software and tech-enabled-services sponsors underwrite on ARR quality: net and gross retention, cohort behaviour, and the line between recurring and services revenue. Fewer of these firms publish an EBITDA band because ARR and growth matter more. Expect retention and unit-economics questions in the first week, and expect them to rebuild your numbers from the raw system if they do not tie.
Most are headquartered in California, New York, Massachusetts. Published EBITDA targets: 2 at Under $5M, 23 at $5M-$15M, 12 at $15M-$40M, 5 at $40M+. 58 state an active add-on programme.
- Aldrich Capital Partners
A Virginia firm investing in founder-owned software, healthcare IT, and fintech companies from $2M to $25M of EBITDA.
- Align Capital Partners
Align splits its team between Cleveland and Dallas and buys lower-middle-market companies across business services, industrial services, specialty manufacturing, and software.
- Audax Private Equity
One of the most prolific buy-and-build investors in private equity, with roughly $19B in AUM.
- Banneker Partners
A San Francisco firm focused entirely on vertical application software, managing around $2B.
- Bertram Capital
A Bay Area firm with an unusual in-house engineering group, Bertram Labs, that builds technology directly into its portfolio companies.
- Boathouse Capital
A Philadelphia-area firm that flexes between equity and structured capital, investing $5M to $50M in software, tech-enabled services, and healthcare IT from $2M of EBITDA or $5M of ARR.
- Bow River Capital
Denver's homegrown mid-market firm.
- Braemont Capital
A relationship-driven growth investor in Dallas with a ~$525M debut fund spanning business services, technology, and financial services.
- Bregal Sagemount
Sagemount invests $20M to $400M in growth companies across software, tech-enabled services, healthcare IT, and fintech, needing only $7M of revenue to engage.
- BV Investment Partners
One of the older tech-focused mid-market firms, Boston-based with a $2.5B latest fund, investing in tech-enabled business services, software, and IT services companies with $5M to $30M of EBITDA.
- Cimarron Healthcare Capital
A Salt Lake City healthcare specialist investing up to $30M in services and technology companies with up to $10M of EBITDA.
- CIP Capital
A New York firm investing $25M to $125M in tech-enabled business services, business information, and knowledge services companies with $5M to $25M+ of EBITDA.
- Coalesce Capital
A newer New York firm with a $900M debut fund focused on human-capital-driven and tech-enabled services: compliance, facility services, HR outsourcing.
- Concord Health Partners
A healthcare investor with an unusual LP base that includes the American Hospital Association, giving portfolio companies direct access to hospital-system buyers.
- CORE Industrial Partners
A Chicago firm with $1.58B raised, buying manufacturing, industrial technology, and industrial services companies up to $20M EBITDA.
- Council Capital
A Nashville healthcare growth investor with a CEO Council model: several dozen proven healthcare executives who co-invest and open doors for portfolio companies.
- Cressey & Company
A Chicago healthcare institution.
- Diversis Capital
A Los Angeles software specialist comfortable with imperfect P&Ls: EBITDA from negative to $10M, revenue $10M to $50M, checks $10M to $100M.
- Dunes Point Capital
A Rye, New York family office turned institutional investor, buying industrial technology and building products platforms with $10M to $75M of EBITDA and bolting on companies from $2M up.
- Edison Partners
A Princeton growth investor with ~$1.6B AUM writing $10M to $30M checks into fintech, healthcare IT, and vertical SaaS companies with $10M to $40M of revenue.
- Eir Partners
A Miami healthcare technology specialist that closed a $1B third fund in early 2026.
- Elsewhere Partners
An Austin firm taking majority positions in B2B software companies with $3M to $15M of ARR, investing $20M to $50M.
- Falfurrias Capital Partners
A Charlotte firm founded by former Bank of America executives, running both buyout ($5M to $50M EBITDA) and growth ($4M to $20M ARR) strategies across software, fintech, and information services.
- Five Elms Capital
Kansas City's B2B software powerhouse, with over $3B AUM and a $1.1B sixth fund.
- Frontenac Company
A Chicago firm investing through a CEO1ST model: it identifies proven executives first, then buys companies for them to run.
- Frontier Growth
A Charlotte growth firm investing $5M to $30M in vertical SaaS companies with $3M to $20M of ARR.
- Gallant Capital Partners
A Los Angeles firm founded by Gores Group alumni, taking control positions in technology, industrials, and business services companies up to $40M EBITDA.
- Gauge Capital
A Dallas-area firm that showed up in four of the five sectors this directory covers, which tells you what a true generalist looks like at this size.
- Graham Partners
A suburban Philadelphia firm rooted in the Graham family's industrial holdings, targeting advanced manufacturing companies with $5M to $50M of EBITDA, especially ones substituting newer materials or automation for legacy processes..
- Growth Catalyst Partners
A Chicago firm buying information, marketing, and tech-enabled services companies with $3M to $7M of EBITDA.
- Gryphon Investors
A San Francisco firm with $9B+ AUM investing $50M to $500M across consumer, business services, healthcare, industrial growth, and software.
- Guidepost Growth Equity
A Boston growth firm with a $521M fourth fund, investing $15M to $75M in B2B software and data services companies with $10M to $50M of revenue.
- JMI Equity
A Baltimore and San Diego growth investor with ~$7.5B AUM, writing $20M to $200M checks into B2B SaaS companies with $10M+ revenue.
- K1 Investment Management
A Manhattan Beach firm investing $15M to $250M in small-cap enterprise software, with a target fund of $6.25B and a large in-house operations team, K1 Operations, that standardizes the playbook across the portfolio..
- L Squared Capital Partners
A Newport Beach firm investing $50M to $250M in industrial technology, education technology, and tech-enabled services companies with $5M to $50M of EBITDA.
- Lead Edge Capital
A New York growth firm with a $3.5B seventh fund investing $50M to $400M in software and internet businesses with $10M+ revenue.
- LLR Partners
A Philadelphia growth firm investing $10M to $200M in software and tech-enabled companies across healthcare IT, fintech, edtech, and vertical SaaS.
- Long Ridge Equity Partners
A New York firm investing $25M to $150M in financial and business technology companies with $5M+ revenue.
- Luminate Capital Partners
A San Francisco firm buying control of mid-market enterprise software companies with $10M to $50M of recurring revenue, writing $30M to $60M checks.
- Mainsail Partners
An Austin and San Francisco growth firm with a $1.535B seventh fund, investing $10M to $75M exclusively in bootstrapped B2B software companies.
- Mangrove Equity Partners
A Tampa firm with an internal operating team that works alongside founders of $3M to $10M EBITDA manufacturing, service, and distribution companies.
- Marlin Equity Partners
A Los Angeles firm with $2.5B in recent commitments across a flagship and a dedicated lower-mid-market Heritage fund.
- Martis Capital
A Washington DC and San Francisco healthcare-only firm with a $779M fourth fund covering services, technology, and consumer wellness.
- Montage Partners
A Scottsdale firm investing in technology, industrial, healthcare, and consumer businesses with $1.5M to $7M of EBITDA.
- Mountaingate Capital
A Denver firm with $1.4B AUM building platforms in data-driven marketing services, analytics, and business services from $5M to $25M of EBITDA, with add-ons any size.
- New Harbor Capital
A Chicago firm investing $10M to $40M in tech-enabled services, healthcare, and education companies with $2M to $15M of EBITDA.
- NewSpring Capital
A Radnor, Pennsylvania multi-strategy platform: growth equity for B2B technology, a Holdings strategy for tech-enabled services from $1M of EBITDA, plus dedicated healthcare vehicles.
- NexPhase Capital
A New York firm with $2.6B raised, running thesis-driven plays across healthcare, software, and consumer.
- O2 Investment Partners
A Bloomfield Hills firm buying niche services, technology, and select industrial companies up to $15M of EBITDA.
- Pamlico Capital
A Charlotte firm with a $1.75B sixth fund investing $50M to $200M in software, information services, healthcare, and business services companies with $10M to $150M of revenue.
- ParkerGale Capital
A Chicago firm buying founder-owned B2B software companies with $2M to $10M of EBITDA and $10M to $30M+ of ARR.
- Peak Rock Capital
An Austin firm with $7B+ AUM writing equity checks from $50M up to $1.5B across consumer, technology, industrial, and healthcare deals, including complex carve-outs and family transitions.
- PeakEquity Partners
A Villanova, Pennsylvania firm investing $20M to $75M+ in enterprise software and SaaS businesses with $10M to $50M of revenue.
- Pike Street Capital
A Seattle firm buying industrial technology, distribution, and specialty manufacturing companies with $4M to $20M of EBITDA.
- PSG (Providence Strategic Growth)
PSG (Providence Strategic Growth) invests $10M to $150M in lower-middle-market software and tech-enabled services companies, with roughly $6B in its latest flagship.
- Radian Capital
A New York firm investing $10M to $60M in B2B software and services companies with $5M+ ARR.
- Renovus Capital Partners
A Wayne, Pennsylvania firm with $2B+ raised, buying knowledge and talent businesses: education, technology services, healthcare services, and professional services with entry EBITDA under $10M.
- Resurgens Technology Partners
An Atlanta software firm investing in application and infrastructure software companies.
- Revelstoke Capital Partners
A Denver healthcare firm with ~$5.5B AUM deploying $50M to $500M per platform across healthcare services and technology.
- RiverGlade Capital
A Chicago healthcare firm investing $15M to $100M in services businesses up to $20M of EBITDA: outsourced services, home-based care, behavioral health, pharma services.
- Riverwood Capital
A Menlo Park firm investing $25M to $250M+ in technology companies with $10M to $100M of ARR, global in reach with deep Latin America roots.
- RS2 Healthcare Partners (formerly Riverside Partners, Boston)
The Boston firm formerly known as Riverside Partners, rebranded in 2026 around its healthcare franchise.
- Rubicon Technology Partners
A Boulder firm with a $1.7B fourth fund taking majority positions in enterprise software companies with $15M to $75M of revenue, deploying $75M to $350M.
- Serent Capital
An Austin firm with ~$7B AUM investing $20M to $100M in founder-led B2B software companies with $10M to $50M of ARR.
- Silversmith Capital Partners
A Boston growth firm with a $1.7B fifth fund investing $15M to $50M in SaaS, information services, and healthcare IT companies.
- Southfield Capital
A Greenwich firm investing $20M to $125M in outsourced business services companies with $4M to $20M of EBITDA: commercial services, environmental services, logistics, and professional services.
- Spectrum Equity
A Boston and San Francisco growth firm with a $1.5B ninth fund investing $25M to $150M+ in internet-enabled software and information services businesses.
- Spire Capital
A New York firm investing $15M to $125M in tech-enabled business services, media, education, and communications companies from $2M of EBITDA.
- SRM Equity Partners
An Atlanta firm investing up to $75M in manufacturing, distribution, healthcare, and tech-enabled services companies with $3M to $15M of EBITDA.
- Sumeru Equity Partners
A San Mateo firm investing $50M to $250M in software, data, and enterprise technology companies.
- Sunstone Partners
A San Mateo growth firm with a $925M third fund making majority investments of $50M to $200M in tech-enabled services and software companies with $20M+ revenue.
- Sverica Capital Management
A Boston and San Francisco firm with a $750M sixth fund investing $25M to $75M in technology, business services, healthcare, and advanced industrial companies under $25M of EBITDA.
- Tenex Capital Management
A New York firm with a $1.9B fourth fund investing $25M to $125M in industrials, services, and healthcare companies with $3M to $40M of EBITDA.
- Tercera
A Chicago growth firm built for one niche: cloud consulting and IT services firms that implement major SaaS platforms, investing $5M to $20M in companies with $5M to $50M of revenue.
- The Capstreet Group
A Houston firm buying outsourced business services and industrial services companies with $3M to $15M of EBITDA.
- The Riverside Company
One of the largest small-company investors in the world, with strategies spanning micro-cap (under $10M EBITDA), capital appreciation ($10M to $35M), flexible capital, and software acceleration.
- Thompson Street Capital Partners
A St.
- Tregaron Capital
A Palo Alto firm investing $3M to $10M of equity and mezzanine in California-and-westward services, distribution, and mature software businesses.
- Trinity Hunt Partners
A Dallas growth firm with a $700M seventh fund investing $15M to $70M in services businesses with $2M+ EBITDA across healthcare, business, and consumer services.
- TVC Capital
A San Diego growth firm investing $8M to $25M in software and software-enabled services companies with $3M to $20M of ARR.
- TZP Group
A New York firm managing ~$2B across strategies, investing $10M to $100M in consumer and business services companies with $2M to $15M of EBITDA.
- Union Park Capital
A Boston firm investing $10M to $150M exclusively in lower-middle-market industrial technology companies.
- Updata Partners
A Washington DC growth firm with an $875M eighth fund investing $20M to $200M in B2B software companies with $5M to $50M of ARR.
- Vance Street Capital
A Los Angeles firm with a $775M fourth fund buying medtech, industrial technology, and aerospace and defense manufacturers with $3M to $30M of EBITDA.
- Vertica Capital Partners
A New York software firm with $1B+ AUM investing $15M to $200M in enterprise and vertical software companies with $2M to $20M of ARR.
- Volition Capital
A Boston growth firm investing $5M to $50M in founder-owned software and internet companies with $5M to $20M+ of revenue.
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