Investor Type | Firm |
Industries | Software (Web Marketplace Saas..) • Other • IT (& TMT) • Media • Businesses Solutions • HealthTech (& Fitness) |
Stages | Later |
Investing | United States |
Investment Range | $9,000,000 - $9,000,000 |
Spring Lake Equity Partners is a Boston-based private equity firm that focuses on equity investments in later-stage, technology-oriented companies. Operating with a preference for the high-growth technology sub-sectors, they invest in areas such as software, digital media, mobile, data center infrastructure, healthcare technology, and financial services sectors. They aim to invest in tech and tech-enabled services businesses that have demonstrated momentum, with revenues ranging from $5 million to $50 million, capital efficiency, and a repeatable sales process. They typically invest between $5 million to $20 million to fund growth initiatives and/or provide liquidity. The firm is known for partnering with management teams to help in crafting growth strategies and making key strategic decisions. With a board presence, strategic planning, and network access, Spring Lake actively supports its portfolio companies. They concentrate on being primarily minority investors. Founded as a spin-off from the Tudor Investment Corporation in 2013, the partners have extensive prior experience in private equity and industry-specific verticals. The team includes managing partners such as Bob Forlenza and Carmen Scarpa, as well as other key members with a history of active engagement in their portfolio companies. Current engagements include being on the boards of companies across various sectors like tech services, healthcare IT, software, and internet infrastructure. Their portfolio reflects a range of investments, emphasizing their commitment to technology innovations and business solutions within the rapidly evolving IT landscape.