List of 61 Internet Software and Services Family Office Investors

Investor	PE Assets $mlns	Portfolio		M&A Activity Buy vs Sell, Last 5 Years
Investor	PE Assets $mlns	Total	Current	M&A Activity Buy vs Sell, Last 5 Years
THI Investments Stuttgart, Germany Family Office • 2016 • website See all 13	2,028	9	9
The Stephens Group Little Rock, Arkansas, United States Family Office • 1933 • website See all 22	1,500	65	13
Creadev Paris, France Family Office • 2002 • website See all 15	-	7	6
FORUM Family Office Munich, Germany Family Office • 1990 • website See all 1	-	2	1
The Firmament Group New York, New York, United States Family Office • 2012 • website See all 19	-	16	10
L2 Capital Partners Devon, Pennsylvania, United States Family Office • 2011 • website See all 4	-	18	9
Armory Capital Champaign, Illinois, United States Family Office • 2009 • website See all 4	-	10	5
KIRKBI Billund, Denmark Family Office • website See all 3	-	12	8
Kirk Kapital A/S Vejle, Denmark Family Office • 2007 • website See all 12	-	6	6
West Coast Capital Dundonald, United Kingdom Family Office • 2001 • website See all 5	-	9	4
DFO Management New York, New York, United States Family Office • 1998 • website See all 3	16,000	16	5
Nadavon Capital Partners Newport Beach, California, United States Family Office • 2014 • website See all 1	-	13	9
Heritage Growth Partners Atlanta, Georgia, United States Family Office • 2014 • website See all 3	-	4	3
Weatherford Capital Management Tampa, Florida, United States Family Office • 2015 • website See all 6	-	5	5
Birch Swing Capital New York, New York, United States Family Office • 2016 • website See all 2	-	2	2
Groupe Baelen Paris, France Family Office • 2003 • website See all 2	-	52	52

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