Mainsail Partners Mergers and Acquisitions Summary

Growth Capital Firm Profile

In the last 3 years, Mainsail Partners has acquired 1 company. It has also invested in 13 others.

Mainsail Partners’ most common sectors for investment areinternet software and services (38%) and software (35%) . The Firm’s most common investment types include growth capital (84%) and recapitalization (5%). In total, Mainsail Partners has invested in 19 US states and 2 different countries.

In the last 3 years, Mainsail Partners has exited 9 companies. The Firm’s most common exit type is trade sale (70%). Mainsail Partners’ largest (disclosed) exit occurred in 2014 when it sold Novus Biologicals for $60M.

Join Mergr to view Mainsail Partners’ full profile and discover more middle-market growth capital firm investors just like it.

M&A Summary

M&A Total Activity69
- M&A Buy Activity43
- M&A Sell Activity26
Total Sectors Invested 11
Total Countries Invested 2
M&A Buy/Sell Connections 23
M&A Advisors 4

Mainsail Partners

Mainsail Management Company, LLC

Transaction Criteria	Min	Max
Target Revenue	4	25
Target EBITDA	-	-
Investment Size	10	75
Enterprise Value	-	-
values in millions of USD

Transaction Criteria

Min

Max

Target Revenue

Target EBITDA

Investment Size

Enterprise Value

values in millions of USD

Year	≤ '19	'20	'21	'22	'23	'24	T
Buy (3.2/yr)	#	27	2	3	7	3	1	43
Sell (2.4/yr)	#	14	3	4	4	1	-	26
vol	$117M						$117M
	69

Year

≤ '19

'20

'21

'22

'23

'24

Buy (3.2/yr)

Sell (2.4/yr)

vol

$117M

Company	Date	Value	Type
Teamfront LLC	2024-02-07	-	Growth Capital
Austin, Texas · www.teamfront.com
LinenMaster, LLC	2023-11-01	-	Growth Capital
Vero Beach, Florida · www.linenmaster.com
Adion Systems, Inc.	2023-07-18	-	Growth Capital
Vancouver, British Columbia · www.proshoperp.com
Red Oak Compliance Solutions	2023-06-29	-	Growth Capital
Cedar Park, Texas · www.redoakcompliance.com
GTreasury SS LLC	2023-05-18	-	Secondary Sale
Buffalo Grove, Illinois · www.gtreasury.com
Instinct Science LLC	2022-11-28	-	Growth Capital
Doylestown, Pennsylvania · www.instinct.vet
Nexus Systems, Inc.	2022-09-13	-	Trade Sale
Falls Church, Virginia · www.nexussystems.com
SmartMoving Software LLC	2022-08-23	-	Growth Capital
Dallas, Texas · www.smartmoving.com
Fexa	2022-07-28	-	Growth Capital
Mullica Hill, New Jersey · www.fexa.io
Flight Schedule Pro	2022-03-31	-	Growth Capital
Overland Park, Kansas · www.flightschedulepro.com
View All >>

Company

Date

Value

Type

Teamfront LLC

2024-02-07

Growth Capital

Austin, Texas · www.teamfront.com

LinenMaster, LLC

2023-11-01

Growth Capital

Vero Beach, Florida · www.linenmaster.com

Adion Systems, Inc.

2023-07-18

Growth Capital

Vancouver, British Columbia · www.proshoperp.com

Red Oak Compliance Solutions

2023-06-29

Growth Capital

Cedar Park, Texas · www.redoakcompliance.com

GTreasury SS LLC

2023-05-18

Secondary Sale

Buffalo Grove, Illinois · www.gtreasury.com

Instinct Science LLC

2022-11-28

Growth Capital

Doylestown, Pennsylvania · www.instinct.vet

Nexus Systems, Inc.

2022-09-13

Trade Sale

Falls Church, Virginia · www.nexussystems.com

SmartMoving Software LLC

2022-08-23

Growth Capital

Dallas, Texas · www.smartmoving.com

Fexa

2022-07-28

Growth Capital

Mullica Hill, New Jersey · www.fexa.io

Flight Schedule Pro

2022-03-31

Growth Capital

Overland Park, Kansas · www.flightschedulepro.com

View All >>

Sector	Current #	Value	All-time #	Value
Internet Software and Services	11 (55%)	-	16 (37%)	-
Software	6 (30%)	-	15 (35%)	-
Information Technology	1 (5%)	-	4 (9%)	-
Business Services	1 (5%)	-	1 (2%)	-
Franchising	-	-	1 (2%)	-
Healthcare Services	-	-	1 (2%)	-
Information Services	1 (5%)	-	1 (2%)	-
Life Science	-	-	1 (2%)	-
Restaurants	-	-	1 (2%)	-
Retail	-	-	1 (2%)	-
Semiconductors	-	-	1 (2%)	-
Total	20	-	43	-

Sector

Current #

Value

All-time #

Value

Internet Software and Services

11 (55%)

16 (37%)

Software

6 (30%)

15 (35%)

Information Technology

1 (5%)

4 (9%)

Business Services

1 (5%)

1 (2%)

Franchising

1 (2%)

Healthcare Services

1 (2%)

Information Services

1 (5%)

1 (2%)

Life Science

1 (2%)

Restaurants

1 (2%)

Retail

1 (2%)

Semiconductors

1 (2%)

Total

State/Country	Current #	Value	All-time #	Value
United States	19 (95%)	-	42 (98%)	-
	California	3 (15%)	-	9 (21%)	-
	Texas	5 (25%)	-	7 (16%)	-
	Florida	2 (10%)	-	3 (7%)	-
	Kansas	1 (5%)	-	3 (7%)	-
	Colorado	1 (5%)	-	2 (5%)	-
	New York	1 (5%)	-	2 (5%)	-
	Georgia	1 (5%)	-	2 (5%)	-
	Tennessee	-	-	2 (5%)	-
	North Carolina	-	-	2 (5%)	-
	Arizona	1 (5%)	-	1 (2%)	-
	Washington	1 (5%)	-	1 (2%)	-
	Utah	1 (5%)	-	1 (2%)	-
	Pennsylvania	1 (5%)	-	1 (2%)	-
	New Jersey	1 (5%)	-	1 (2%)	-
	Virginia	-	-	1 (2%)	-
	Montana	-	-	1 (2%)	-
	Massachusetts	-	-	1 (2%)	-
	Illinois	-	-	1 (2%)	-
Canada	1 (5%)	-	1 (2%)	-
	British Columbia	1 (5%)	-	1 (2%)	-
Domestic	19 (95%)	-	42 (98%)	-
Cross-border	1 (5%)	-	1 (2%)	-
Total	20	-	43	-

State/Country

Current #

Value

All-time #

Value

United States

19 (95%)

42 (98%)

California

3 (15%)

9 (21%)

Texas

5 (25%)

7 (16%)

Florida

2 (10%)

3 (7%)

Kansas

1 (5%)

3 (7%)

Colorado

1 (5%)

2 (5%)

New York

1 (5%)

2 (5%)

Georgia

1 (5%)

2 (5%)

Tennessee

2 (5%)

North Carolina

2 (5%)

Arizona

1 (5%)

1 (2%)

Washington

1 (5%)

1 (2%)

Utah

1 (5%)

1 (2%)

Pennsylvania

1 (5%)

1 (2%)

New Jersey

1 (5%)

1 (2%)

Virginia

1 (2%)

Montana

1 (2%)

Massachusetts

1 (2%)

Illinois

1 (2%)

Canada

1 (5%)

1 (2%)

British Columbia

1 (5%)

1 (2%)

Domestic

19 (95%)

42 (98%)

Cross-border

1 (5%)

1 (2%)

Total

Type	Current #	Value	All-time #	Value
Growth Capital	18 (90%)	-	36 (84%)	-
Recapitalization	1 (5%)	-	2 (5%)	-
Buyout (LBO, MBO, MBI)	-	-	1 (2%)	-
Divestiture	-	-	1 (2%)	-
Secondary Buyout	-	-	1 (2%)	-
Stake Purchase	-	-	1 (2%)	-
Venture	1 (5%)	-	1 (2%)	-
Total	20	-	43	-

Type

Current #

Value

All-time #

Value

Growth Capital

18 (90%)

36 (84%)

Recapitalization

1 (5%)

2 (5%)

Buyout (LBO, MBO, MBI)

1 (2%)

Divestiture

1 (2%)

Secondary Buyout

1 (2%)

Stake Purchase

1 (2%)

Venture

1 (5%)

1 (2%)

Total

Type	Total #	Value
Trade Sale	13 (50%)	-
Trade Sale - Public Company	5 (19%)	117M (100%)
Secondary Sale	5 (19%)	-
IPO	2 (8%)	-
Merger	1 (4%)	-
Total	26	$117M

Type

Total #

Value

Trade Sale

13 (50%)

Trade Sale - Public Company

5 (19%)

117M (100%)

Secondary Sale

5 (19%)

IPO

2 (8%)

Merger

1 (4%)

Total

$117M

Financial	Deals
Brookwood Associates	1
Guggenheim Securities	1

Financial

Deals

Brookwood Associates

Guggenheim Securities

Legal	Deals
Choate Hall & Stewart LLP	1
Wilson Sonsini Goodrich & Rosati	1

Legal

Deals

Choate Hall & Stewart LLP

Wilson Sonsini Goodrich & Rosati

sell	#	Total
< $100M	3	$117M
TOTAL	$117M
Largest	Novus Biologicals LLC $60M (2014-07-02)

sell

Total

< $100M

$117M

TOTAL

$117M

Largest

Novus Biologicals LLC
$60M (2014-07-02)

		Deals
Acquired from
Investor(s)	5%	2 (5%)
Strategic(s)	2%	1 (2%)
Exited to
Investor(s)	19%	5 (19%)
Strategic(s)	73%	19 (73%)

Deals

Acquired from

Investor(s)

2 (5%)

Strategic(s)

1 (2%)

Exited to

Investor(s)

5 (19%)

Strategic(s)

19 (73%)

FAQ

When was Mainsail Partners founded?

Mainsail Partners was founded in 2003.

What type of investor is Mainsail Partners?

Mainsail Partners is a growth capital firm.

Where is Mainsail Partners headquartered?

Mainsail Partners is headquartered in San Francisco, California.

How much capital does Mainsail Partners have under management?

Mainsail Partners has 750M USD under management.

Mainsail Partners Mergers and Acquisitions Summary

Growth Capital Firm Profile

M&A Summary