We support deal teams across sectors. These are the areas where we bring the most pattern recognition to your deals.
Vertical market software is our core sector. Our experience comes from underwriting software acquisitions in the Constellation Software ecosystem, where founder-owned, mission-critical niche software businesses are bought to hold for the long term.
These businesses do not behave like horizontal SaaS, and they should not be underwritten like it. Maintenance revenue, customer concentration, switching costs and legacy technology all need to be read differently. That is where most of our diligence frameworks come from.
Our healthcare work centers on behavioral health: independent practices, substance use disorder providers and the software platforms that serve them. It is a fragmented market with many founder-owned operators, which makes it attractive for buy-and-build strategies and hard to map from standard databases.
K-12 education software, including student transportation, routing and school payments, is a classic vertical software market. Customers are public school districts, sales cycles run on procurement calendars, and once a system is in place it rarely gets replaced. We have mapped vendors, researched district buyers and profiled companies across this space.
Our methods, including bottom-up market sizing, target universe building, financial modeling and diligence, work in any sector. We have also screened and researched companies in automotive dealer and repair software, logistics and freight software, fintech and lending software, legal tech, agtech, construction tech, dental practice software and marine software. If your deal is outside the sectors above, tell us about it on a scoping call and we will be clear about whether we are the right fit.
Tell us what you are looking at and where your team needs capacity.
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