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PRIVATE EQUITY: GROWTH

Utilizing a "fund of funds" approach to growth capital investments in companies with enterprise values of $500M-$10B

INVESTMENT
DESCRIPTION
REGION
INDUSTRY
YR
EV ($B)
FUND (%)
MOIC
360Learning
Learning management system
EUR
Software
2021
NA
0.3%
1.0x
AA Ireland
Roadside assist/brokerage svcs
EUR
Financial Svcs
2020
$0.249
0.6%
1.5x
Aareal Bank
Real estate bank, advisory and PMC
EUR
Financial Services
2022
E2.0
1.0%
1.0x
Action
2023
E24.3
0.8%
1.0x
Addison Group
Staffing and consulting services provider
US
Business Services
2021
$1.1
1.1%
1.3x
Adthrive
Advertising management platform
US
Software
2021
NA
0.6%
1.1x
AdvantageCare Rehabilitation
Rehabiliation centers
US
Heathcare
2020
NA
0.5%
1.5x
AmeriLife
Annuity and life insurance distributor
US
Financial Svcs
2020
$1.1
0.6%
2.7x
Anaplan
SaaS planning software
US
Software
2022
$10.6
3.6%
0.9x
Anticimex
Intelligent pest control systems
2023
1.0x
Auctane
Shipping software for ecommerce markets
US
Software
2021
$6.1
0.7%
0.8x
Beqom
Compensation mgmt software
US
Software
2022
NA
0.5%
1.0x
Boomi
IPaaS integration software
US
Software
2021
$4.0
0.9%
1.0x
Brooks Automation
Robotic contamination controls for semi fab plants
US
Technology
2022
$3.0
0.7%
1.2x
C.H. Guenther
#1 global bakery to restaurants and retailers
US
Consumer
2021
$3.0
1.1%
1.0x
CSI
2022
$1.5
0.9%
1.0x
Cegrid
French midmarket ERP software provider
EUR
Software
2022
$5.6
2.5%
1.2x
Chemical Guys
Markets and designs auto care/detailing products
US
Consumer
2021
$1.2
0.7%
0.7x
Chosen Foods
Avocado-based consumables
US
Consumer
2021
NA
0.5%
1.2x
Coaction Global fka ProSight
Property & Casualty insurer
US
Financial Services
2021
$0.587
0.7%
1.0x
Consilio
eDiscovery and document review for litigation
US
Business Services
2021
$2.4
0.8%
1.7x
Convera
fka - Western Union Business Svcs
US
FinTech
2021
NA
0.9%
1.4x
Convex Group LTD
Multi-line insurance
EUR
Insurance
2020
NA
0.6%
1.2x
Coupa Software
2023
$8.2
0.7%
1.0x
DISA Global Solutions
employee test, screen & workplace safety svcs
US
Business Services
2022
$0.700
1.4%
1.2x
Engineering Informatica
Italian IT services/digital transformation
EUR
Technology
2020
E1.6
0.5%
1.9x
Ensemble Health
Hospital and healthcare revenue cycle mgmt services
US
Healthcare
2022
$5.2
0.7%
1.0x
Envision Pharma Group
Pharma development lifecycle SaaS
US
Software
2021
NA
0.9%
1.1x
Epidemic Sound
Music tech - 32K royalty-free songs/90K sound effects
EUR
Communicatons/Media
2021
E1.4
0.3%
0.8x
Flourish Research
Clinical trials + R&D
US
Life Science
2022
NA
0.5%
1.7x
Follett
#2 contract operator of higher ed retail solutions
US
Education
2022
$0.411
0.5%
1.0x
Forescout Technologies
Cybersecurity
US
Technology
2020
NA
0.4%
1.1x
FourKites
API-based transportation solutions , RT shipping locator
US
Technology
2021
$0.650
0.4%
1.4x
Fullscript
RX and Wellness software
US
Software
2021
NA
1.3%
1.0x
Gainwell Technologies
Largest Medicare claims processing software/svcs
US
Healthcare IT
2020
$5.0
1.3%
2.6x
Greenix
Pest Control
US
Consumer
2020
NA
1.1%
1.8x
Greenphire
Payment & logistics software for clinical researchers
US
Software
2021
$1.1
0.2%
1.0x
HASA, Inc
Clean, healthy water products
US
Industrial
2020
NA
0.3%
1.9x
Halton Mifflin Harourt
2023
0.3%
1.0x
HighLevel
Sales and Marketing automation
US
Software
2021
NA
0.9%
1.8x
Highline Aftermarket
Manufacturer/distributor 25,000 auto aftermkt skus
US
Industrials
2020
$1.5
0.6%
1.0x
ITS Logistics
3rd party logisitics
US
Logistics
2021
NA
0.7%
2.2x
Identity Digital
Internet top level domain owner/operator
US
Digital Infrastructure
2021
$1.8
0.7%
2.3x
Ingram Micro
Technology, cloud solutions e-commerce supply chain
US
Information Tech
2021
$6.9
0.6%
2.7x
Insurance Project
2023
E0.656
0.3%
1.0x
Intelligent Medical Devices
translates dr. shorthand into clinical & billing codes
US
Software
2022
$1.6
2.6%
1.0x
Ivanti
IT Automation and monitoring
US
Software
2021
NA
0.6%
1.0x
Jio Platforms
India's largest 4G network/digital consumer
APAC
Telecom
2020
$67.5
0.5%
1.4x
Jonathon Engineered Solutions
Design/Manufacture slides,isolators in zero failure sites
US
Industrials
2021
$0.28
0.3%
1.3x
Kroll
Global governance/risk solutions
US
Financial Svcs
2020
$4.2
1.0%
1.7x
Körber
#1 warehouse mgmt, voice control and robotics solutions
EUR
Software
2022
E2.1
0.5%
1.0x
Lenskart
India's largest eyeware, contacts, sunglasses. 700 stores
APAC
Consumer
2021
$1.5
0.3%
1.8x
Loopio
RFP Management software
Canada
Software
2021
NA
0.3%
1.2x
MRI Softwre
Real estate property mgmt software
US
Software
2020
$3.4
0.6%
1.5x
Magenta (Trellix/Skyhigh)
Enterprise security solutions
US
Software
2021
$4.0
0.8%
1.4x
Milk Specialties Global
2022
NA
0.5%
1.0x
Momentive
Chemical manufacturing
2023
1.0x
Monroe Engineering
Hardware and components supplier for OEM
US
Industrials
2021
$0.4
0.8%
1.0x
National Trench Safety
Trench safety for underground construction rental /sale
US
Industrials
2021
$0.735
0.3%
1.5x
Neopharmed
2023
E1.4
0.4%
1.0x
OVO
2022
NA
0.2%
1.0x
Open Health
medical affairs services to the biopharma sector
US
Healthcare
2022
$1.3
0.9%
1.1x
Opus 2
#1 dispute and trial mgmt software/services
US
Software
2021
L0.32
0.5%
0.9x
PVI Holdings
2022
NA
0.5%
1.0x
Pace Analytical
Environmental/Life Science testing
US
Life Science
2021
NA
0.8%
1.0x
Pete & Gerry's
Organic Cage free eggs
US
Consumer
2021
NA
0.6%
1.0x
Phaidon
Global recruiting business
US
Business Services
2022
$0.700
0.8%
1.0x
Precisely
Data integrity, enrichment, locale intelligence software
US
Software
2021
$3.6
0.4%
2.6x
ProAmpac
Flexible packaging food, medical, pet care, security
US
Packaging
2020
$3.6
0.8%
1.4x
Proofpoint
Cybersecurity for email and cloud
US
Software
2021
$11.7
1.8%
1.0x
PropertyGuru (NYSE:PGRU)
SE Asia #1 digital classified ads
US
Technology
2020
$0.583
0.4%
0.7x
Quala Systems
2023
$4.0
1.0x
QualityMetric
PRO and patient-centric outcome reporting
US
Healthcare
2020
NA
0.7%
1.6x
RealPage
#1 real estate data analytics software
US
Software
2021
$10.6
0.7%
1.1x
Regency Family
Pet cremetorium and after death svcs
US
Consumer
2020
NA
0.1%
2.9x
Reliance Retail
India's #1 retailer - cons. elect. , grocery, fashion
US
Consumer
2020
$56.1
0.4%
1.4x
Safecor
Unit dose drug packaging
US
Healthcare
2021
NA
0.6%
1.2x
Safety Products
Manufacturer safety cutting tool systems
US
Industrials
2020
$0.306
0.1%
1.2x
Sailpoint
Identity Governance and Administration
US
Software
2022
$7.3
1.4%
1.0x
Sevita
US home health care services provider
US
Healthcare
2022
$3.0
1.2%
0.8x
Shiloh Industries
Lightweighting materials
US
Manufacturing
2020
NA
0.6%
1.8x
Smart Care
Commercial kitchen repair, clean,parts, food svc equipment
US
Business Services
2022
$0.661
0.5%
1.3x
Smart Start
#1 ignition lock/breathalyzer locks for DUI prevention
US
Technology
2022
$0.673
0.5%
1.0x
Solenis
Speciality chemicals for water-intensive industries
US
Industrials
2021
$6.2
1.2%
1.4x
Specialty Products & Insulation
#1 VAR and fabricator of insulation products
US
Industrials
2021
$0.4
0.5%
1.8x
Spotless Brands/Access Holdings
Car wash facilities
US
Consumer
2020
NA
0.3%
2.9x
StubHub/Viagogo
Online event ticket platform
US
Consumer
2020
$6.6
0.3%
3.5x
Sygnature Discovery
Outsourced drug discovery and preclincal research
US
Healthcare
2021
L0.295
0.3%
1.0x
TRUE Potential
Vertically-integrated wealth manager
EUR
Financial Services
2022
L2.4
1.6%
0.9x
Telxius
Telefonica spinoff US-LATAM intl carrier /towers
EUR
Telecom
2020
E3.7
1.0%
1.5x
The Goddard School
2022
NA
0.5%
1.0x
Trinity Life Sciences
#1 pharma data analytics service provider
US
Healthcare
2021
$1.4
0.5%
1.1x
Trulite Glass & Aluminum Solutions
Leading glass and aluminum fabricator
US
Industrials
2022
$0.310
0.1%
1.0x
Trustly
Nordic fintech for acct-acct payments
EUR
Financial Svcs
2020
E1.7
0.4%
1.6x
U-Power
Chinese EV battery swapping tech
2023
1.0x
US Fertility
Fertility mgd network provider
US
Healthcare
2021
NA
0.7%
1.3x
USIC
2022
$4.1
2.7%
1.0x
Uber Freight
Digital freight matching full truckload platform
US
Technology
2020
$3.2
0.4%
1.4x
Unity (NYSE: U) fka Ironsource
Gaming & telecom user engagement/growth software
US
Software
2021
$9.6
0.9%
0.3x
Universal Pure
2022
NA
0.1%
1.0x
WPromote
2022
NA
0.5%
1.0x
Wahoo Fitness
#1 connected fitness equipment co. sub-based ARR
US
Fitness Technology
2021
$0.625
0.4%
0.1x
Waterlogic
Water filtration POU rentals
US
Business Svcs
2020
$1.8
0.3%
1.7x
Wood Mackenzie
2023
$3.1
0.4%
1.0x
Xlerate Group
Auto auctions
US
Consumer
2022
NA
0.9%
1.5x
ZCASH
Deployable money market funds
US
2022
NA
29.0%
Zappi
2022
NA
0.3%
1.0x
Zeus Fire & Security
2022
NA
0.1%
1.0x
Zuoyebang
China's 2nd largest K-12 online tudor/question bank
APAC
Technology
2020
$5.8
0.3%
0.4x

Trademarks and service marks referenced herein are either trademarks or registered trademarks of their respective owners. Other product and company names mentioned herein may be trademarks of their respective owners.

TABLE DEFINITIONS

MOIC =  Multiple on Invested Capital (Investment Value / Paid In Capital)

IRR = Investment Rate of Return

EV$ = Investment company enterprise value

FUND% = Allocation of investment versus fund value

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