We specialize in key sectors and situations

We target technology companies serving government and enterprise end-markets that have resilient business models where we can identify multiple paths to accelerate growth

We believe that deep sector specialization and a focus on situations that require a hands-on approach are critical elements of our investment strategy, enabling us to identify opportunities where we are the partner best suited to support transformational growth initiatives. We are patient investors with the flexibility to support longer investment horizons. We understand that it takes time to build great businesses.

SECTORS: We are longstanding investors in technology companies that serve government and enterprise end-markets. These sectors are large and resilient to economic cycles. Digital transformation and regulatory compliance pressures are driving sustainable technology investments in these markets

SITUATIONS: We back businesses that are at an inflection point where we can help them to achieve accelerated growth and operational excellence

We have a singular focus on technology companies serving our target end-markets and in situations where our impact goes beyond our capital

Investment criteria


Transactions up to $750 million in enterprise value

Growth Profile

Compelling organic and inorganic growth potential

Transaction Types

Majority investments, primarily in founder-owned, carve-out, and public-to-private transactions

Target End-Markets

Software, technology-enabled services, and hardware companies serving resilient subsectors within government and enterprise end-markets

Capital Structure

Conservative capital structures that prioritize growth & innovation


Headquarters and / or most employees based in North America