top of page

PRIVATE EQUITY: GROWTH

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

360Learning

EUR

Learning management system

2021

Software

NA

0.3%

1.0x

AA Ireland

EUR

Roadside assist/brokerage svcs

2020

Financial Svcs

$250,000,000

0.6%

1.5x

Aareal Bank

EUR

Real estate bank, advisory and PMC

2022

Financial Services

$2,000,000,000

1.0%

1.0x

Addison Group

US

Staffing and consulting services provider

2021

Business Services

$1,100,000,000

1.1%

1.3x

Adthrive

US

Advertising management platform

2021

Software

NA

0.6%

1,0

AdvantageCare Rehabilitation

US

Rehabiliation centers

2020

Heathcare

NA

0.5%

1.0x

AmeriLife

US

Annuity and life insurance distributor

2020

Financial Svcs

$1,100,000,000

0.6%

2.7x

Anaplan

US

SaaS planning software

2022

Software

$10,600,000,000

3.6%

1.0x

Auctane

US

Shipping software for ecommerce markets

2021

Software

$6,100,000,000

0.7%

0.8x

Beqom

US

Compensation mgmt software

2022

Software

NA

0.5%

1.0x

Boomi

US

IPaaS integration software

2021

Software

$4,000,000,000

0.9%

1.0x

Brooks Automation

US

Robotic contamination controls for semi fab plants

2022

Technology

$3,000,000,000

0.7%

1.2x

C.H. Guenther

US

#1 global bakery to restaurants and retailers

2021

Consumer

$3,100,000,000

1.1%

1.0x

Cegrid

EUR

French midmarket ERP software provider

2022

Software

$5,600,000,000

2.5%

1.0x

Chemical Guys

US

Markets and designs auto care/detailing products

2021

Consumer

$1,200,000,000

0.7%

0.7x

Chosen Foods

US

Avocado-based consumables

2021

Consumer

NA

0.5%

1.0x

Consilio

US

eDiscovery and document review for litigation

2021

Business Services

$2,400,000,000

0.8%

1.7x

Convera

US

fka - Western Union Business Svcs

2021

FinTech

NA

0.9%

1.0x

Convex Group LTD

EUR

Multi-line insurance

2020

Insurance

NA

0.6%

1.0x

DISA Global Solutions

US

employee test, screen & workplace safety svcs

2022

Business Services

$700,000,000

1.4%

1.0x

Engineering Informatica

EUR

Italian IT services/digital transformation

2020

Technology

$1,600,000,000

0.5%

1.9x

Ensemble Health

US

Hospital and healthcare revenue cycle mgmt services

2022

Healthcare

$5,100,000,000

0.7%

1.0x

Envision Pharma Group

US

Pharma development lifecycle SaaS

2021

Software

NA

0.9%

1.0x

Epidemic Sound

EUR

Music tech - 32K royalty-free songs/90K sound effects

2021

Communicatons/Media

$1,400,000,000

0.3%

0.7x

Flourish Research

US

Clinical trials + R&D

2022

Life Science

NA

0.5%

1.0x

Follett

US

#2 contract operator of higher ed retail solutions

2022

Education

$411,000,000

0.5%

1.0x

Forescout Technologies

US

Cybersecurity

2020

Technology

NA

0.4%

1.0x

FourKites

US

API-based transportation solutions , RT shipping locator

2021

Technology

$650,000,000

0.4%

1.4x

Fullscript

US

RX and Wellness software

2021

Software

NA

1.3%

1.0x

Gainwell Technologies

US

Largest Medicare claims processing software/svcs

2020

Healthcare IT

$5,000,000,000

1.3%

2.9x

Greenix

US

Pest Control

2020

Consumer

NA

1.1%

1.0x

Greenphire

US

Payment & logistics software for clinical researchers

2021

Software

$1,100,000,000

0.2%

0.9x

HASA, Inc

US

Clean, healthy water products

2020

Industrial

NA

0.3%

1.0x

HighLevel

US

Sales and Marketing automation

2021

Software

NA

0.9%

1.0x

Highline Aftermarket

US

Manufacturer/distributor 25,000 auto aftermkt skus

2020

Industrials

$1,400,000,000

0.6%

0.9x

ITS Logistics

US

3rd party logisitics

2021

Logistics

NA

0.7%

1.0x

Identity Digital

US

Internet top level domain owner/operator

2021

Digital Infrastructure

$1,800,000,000

0.7%

2.2x

Ingram Micro

US

Technology, cloud solutions e-commerce supply chain

2021

Information Tech

$6,900,000,000

0.6%

2.7x

Intelligent Medical Devices

US

translates dr. shorthand into clinical & billing codes

2022

Software

$1,600,000,000

2.6%

1.0x

Ivanti

US

IT Automation and monitoring

2021

Software

NA

0.6%

1.0x

Jio Platforms

APAC

India's largest 4G network/digital consumer

2020

Telecom

$67,500,000,000

0.5%

1.3x

Jonathon Engineered Solutions

US

Design/Manufacture slides,isolators in zero failure sites

2021

Industrials

$279,000,000

0.3%

1.1x

Kroll

US

Global governance/risk solutions

2020

Financial Svcs

$4,200,000,000

1.0%

1.7x

Körber

EUR

#1 warehouse mgmt, voice control and robotics solutions

2022

Software

$2,100,000,000

0.5%

1.0x

Lenskart

APAC

India's largest eyeware, contacts, sunglasses. 700 stores

2021

Consumer

$1,500,000,000

0.3%

1.8x

Loopio

Canada

RFP Management software

2021

Software

NA

0.3%

1.0x

MRI Softwre

US

Real estate property mgmt software

2020

Software

$3,400,000,000

0.6%

1.5x

Magenta (Trellix/Skyhigh)

US

Enterprise security solutions

2021

Software

$4,000,000,000

0.8%

1.0x

Monroe Engineering

US

Hardware and components supplier for OEM

2021

Industrials

$401,000,000

0.8%

1.0x

NEWCO A

US

TO BE ANNOUNCED

2022

NA

2.6%

1.0x

NEWCO B

US

TO BE ANNOUNCED

2022

NA

1.0%

1.0x

NEWCO C

US

TO BE ANNOUNCED

2022

NA

1.7%

1.0x

National Trench Safety

US

Trench safety for underground construction rental /sale

2021

Industrials

$735,000,000

0.3%

1.5x

Open Health

US

medical affairs services to the biopharma sector

2022

Healthcare

$1,300,000,000

0.9%

1.0x

Opus 2

US

#1 dispute and trial mgmt software/services

2021

Software

$320,000,000

0.5%

0.8x

Pace Analytical

US

Environmental/Life Science testing

2021

Life Science

NA

0.8%

1.0x

Pete & Gerry's

US

Organic Cage free eggs

2021

Consumer

NA

0.6%

1.0x

Phaidon

US

Global recruiting business

2022

Business Services

$700,000,000

0.8%

1.0x

Precisely

US

Data integrity, enrichment, locale intelligence software

2021

Software

$3,600,000,000

0.4%

2.6x

ProAmpac

US

Flexible packaging food, medical, pet care, security

2020

Packaging

$3,600,000,000

0.8%

1.4x

ProSight

US

Property & Casualty insurer

2021

Financial Services

$835,000,000

0.7%

1.0x

Proofpoint

US

Cybersecurity for email and cloud

2021

Software

$11,700,000,000

1.8%

1.0x

PropertyGuru (NYSE:PGRU)

US

SE Asia #1 digital classified ads

2020

Technology

$583,000,000

0.4%

0.8x

QualityMetric

US

PRO and patient-centric outcome reporting

2020

Healthcare

NA

0.7%

1.0x

RealPage

US

#1 real estate data analytics software

2021

Software

$10,600,000,000

0.7%

1.0x

Regency Family

US

Pet cremetorium and after death svcs

2020

Consumer

NA

0.1%

1.0x

Reliance Retail

US

India's #1 retailer - cons. elect. , grocery, fashion

2020

Consumer

$56,100,000,000

0.4%

1.4x

Safecor

US

Unit dose drug packaging

2021

Healthcare

NA

0.6%

1.0x

Safety Products

US

Manufacturer safety cutting tool systems

2020

Industrials

$306,000,000

0.1%

1.2x

Sailpoint

US

Identity Governance and Administration

2022

Software

$7,300,000,000

1.4%

1.0x

Sevita

US

US home health care services provider

2022

Healthcare

$3,000,000,000

1.2%

1.0x

Shiloh Industries

US

Lightweighting materials

2020

Manufacturing

NA

0.6%

1.0x

Smart Care

US

Commercial kitchen repair, clean,parts, food svc equipment

2022

Business Services

$599,000,000

0.5%

1.3x

Smart Start

US

#1 ignition lock/breathalyzer locks for DUI prevention

2022

Technology

$673,000,000

0.5%

1.0x

Solenis

US

Speciality chemicals for water-intensive industries

2021

Industrials

$6,200,000,000

1.2%

1.1x

Specialty Products & Insulation

US

#1 VAR and fabricator of insulation products

2021

Industrials

$407,000,000

0.5%

1.8x

Spotless Brands/Access Holdings

US

Car wash facilities

2020

Consumer

NA

0.3%

1.0x

StubHub/Viagogo

US

Online event ticket platform

2020

Consumer

$6,500,000,000

0.3%

3.5x

Sygnature Discovery

US

Outsourced drug discovery and preclincal research

2021

Healthcare

$295,000,000

0.3%

0.9x

TRUE Potential

EUR

Vertically-integrated wealth manager

2022

Financial Services

$2,400,000,000

1.6%

0.9x

Telxius

EUR

Telefonica spinoff US-LATAM intl carrier /towers

2020

Telecom

$5,100,000,000

1.0%

1.5x

Trinity Life Sciences

US

#1 pharma data analytics service provider

2021

Healthcare

$1,400,000,000

0.5%

1.1x

Trustly

EUR

Nordic fintech for acct-acct payments

2020

Financial Svcs

$1,700,000,000

0.4%

1.6x

US Fertility

US

Fertility mgd network provider

2021

Healthcare

NA

0.7%

1.0x

Uber Freight

US

Digital freight matching full truckload platform

2020

Technology

$3,200,000,000

0.4%

1.4x

Wahoo Fitness

US

#1 connected fitness equipment co. sub-based ARR

2021

Fitness Technology

$625,000,000

0.4%

0.4x

Waterlogic

US

Water filtration POU rentals

2020

Business Svcs

$1,800,000,000

0.3%

1.4x

Xlerate Group

US

Auto auctions

2022

Consumer

NA

0.9%

1.0x

Zuoyebang

APAC

China's 2nd largest K-12 online tudor/question bank

2020

Technology

$5,800,000,000

0.3%

0.4x

ironSource (NYSE: IS)

US

Gaming & telecom user engagement/growth software

2021

Software

$10,000,000,000

0.9%

0.3x

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

Company EV$ = Investment company enterprise value

bottom of page