Investment Summary

Mainsail Partners Invests In GTreasury

On October 24, 2017, growth capital firm Mainsail Partners invested in software company GTreasury

Investment Highlights
  • This is Mainsail Partners’ 6th transaction in the Software sector.
  • This is Mainsail Partners’ 21st transaction in the United States.
  • This is Mainsail Partners’ 1st transaction in Illinois.
Investment Fate
  • GTreasury was sold to a consortium of financial buyers in 2023.

Investment Summary

Date 2017-10-24
Target GTreasury
Sector Software
Investor(s) Mainsail Partners
Deal Type Growth Capital

Target

GTreasury

Buffalo Grove, Illinois, United States
website
GTreasury is a provider of treasury management software for organizations spanning the world. GTreasury’s solution illuminates a treasury’s liquidity by centralizing all incoming and outgoing banking activities, along with tracking all financial instrument activities. GTreasury was founded in 1986 and is based in Buffalo Grove, Illinois.

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Investor(S) 1

Investor

Mainsail Partners

San Francisco, California, United States

Investor Investor Investor Investor Investor

website


Category Growth Capital Firm
Founded 2003
PE ASSETS 750M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

Mainsail Partners is a private equity firm that principally targets investments in North American bootstrapped software companies with proven business models and long-term growth potential. Mainsail looks commit $10 to $75 million of equity capital per transaction in businesses generating annual revenues of $4 to $25 million. Mainsail Partners was formed in 2003 and is based in San Francisco.


DEAL STATS #
Overall 21 of 43
Sector (Software) 6 of 15
Type (Growth Capital) 15 of 36
State (Illinois) 1 of 1
Country (United States) 21 of 42
Year (2017) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-24 ResMan

Plano, Texas, United States

ResMan is a property management software solution in the multifamily industry. ResMan’s Multifamily Solution Suite provides a highly intuitive solution to meet both operational and accounting needs for the multifamily owner/operator. ResMan was founded in 2000 and is based in Plano, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-18 Bio-Optronics

Rochester, New York, United States

Bio-Optronics, Inc. is a software company dedicated to providing user-focused applications for healthcare organizations that positively impact operational performance and final results. With applications focused on clinical research, automated resource utilization, and patient safety, Bio-Optronics solutions are used by thousands of healthcare organizations worldwide and are designed to simplify clinical trial operations, enhance financial performance, facilitate regulatory compliance, and further improve patient safety. Bio-Optronics was founded in 1985 and is based in Rochester, New York.

Buy -