Investment Summary

Five Elms Capital Invests In Practice Better

On April 27, 2023, growth capital firm Five Elms Capital invested in software company Practice Better

Investment Highlights
  • This is Five Elms Capital’s 8th transaction in the Software sector.
  • This is Five Elms Capital’s 1st transaction in Canada.
  • This is Five Elms Capital’s 1st transaction in Ontario.

Investment Summary
Date 2023-04-27
Target Practice Better
Sector Software
Investor(s) Five Elms Capital
Deal Type Growth Capital

Target

Practice Better

Toronto, Ontario, Canada
Practice Better is an all-in-one practice management software solution transforming how health & wellness professionals run their practices and support their clients. The company serves 10,000+ customers in over 70+ countries across the globe, and processes hundreds of millions annually in payments on behalf of customers. In addition to supporting thousands of nutrition-focused practitioners and coaches, Practice Better has seen incredible adoption from other verticals within the health and wellness space including naturopathic doctors, chiropractors, mental health therapists, and other wellness professionals. Its platform empowers wellness professionals to streamline admin work, engage clients, and scale their practices beyond the traditional 1:1 model. Practice Better is a based in Toronto, Ontario.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Five Elms Capital

Kansas City, Missouri, United States

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2006
PE ASSETS 1.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Five Elms Capital is a private investment firm focused on investing $5 to $75 million in bootstrapped business services companies with $2 to $20 million in rev enue. The Firm will consider providing growth capital or to support shareholder liquidity needs. Five Elms Capital was formed in 2006 and is based in Kansas City, Missouri.

DEAL STATS #
Overall 30 of 31
Sector (Software) 8 of 9
Type (Growth Capital) 10 of 11
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-27 Aline

Louisville, Kentucky, United States

Aline is a provider of CRM solutions for the senior living industry. Aline was founded in 2011 and is based in Louisville, Kentucky.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-08 Gymdesk

Austin, Texas, United States

Gymdesk is a provider of management software designed to simplify and enhance operations for gyms, martial arts schools, yoga studios, membership clubs, and more. Gymdesk is based in Austin, Texas.

Buy -
Mergr

Product

Company

Legal