Investment Summary

Silversmith Capital Partners Invests In Proven Optics

On December 6, 2022, growth capital firm Silversmith Capital Partners invested in software company Proven Optics

Investment Highlights
  • This is Silversmith Capital Partners’ 15th transaction in the Software sector.
  • This is Silversmith Capital Partners’ 32nd transaction in the United States.
  • This is Silversmith Capital Partners’ 3rd transaction in Ohio.

Investment Summary

Date 2022-12-06
Target Proven Optics
Sector Software
Investor(s) Silversmith Capital Partners
Deal Type Growth Capital

Target

Proven Optics

Columbus, Ohio, United States
Proven Optics is a software company that focuses on financial management. Proven Optics help clients in both IT and finance organizations implement financial management toolsets on SaaS platforms Proven Optics was founded in 2020 and is based in Columbus, Ohio.

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Investor(S) 1

Investor
DESCRIPTION

Silversmith Capital Partners is a private investment firm focused on growth capital investments in SaaS and healthcare IT/services companies. The Firm looks to invest $20 to $125 million in growing companies (20%+) with at least $10 million in revenue. Silversmith Capital Partners was established in 2015 and is headquartered in Boston, Massachusetts.


DEAL STATS #
Overall 37 of 38
Sector (Software) 15 of 15
Type (Growth Capital) 22 of 23
State (Ohio) 3 of 3
Country (United States) 32 of 33
Year (2022) 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-05 TMA Systems

Tulsa, Oklahoma, United States

TMA Systems is a provider of advanced Computerized Maintenance Management Systems (CMMS) and Enterprise Asset Management Solutions (EAMS). The company's advanced solutions meet or exceed the needs of education, healthcare, corporate, government, telecommunication, transportation, manufacturing, and retail organizations. TMA Systems is based in Tulsa, Oklahoma.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-15 Fortified Health Security

Franklin, Tennessee, United States

Fortified Health Security is Healthcare’s Cybersecurity Partner protecting patient data and reducing risk throughout the healthcare ecosystem. A managed security service provider that has been awarded many industry accolades, Fortified works alongside healthcare organizations to build customized programs designed to leverage their prior security investments and current processes while implementing new solutions that reduce risk and increase their security posture over time. Fortified Health Security was founded in 2009 and is based in Franklin, Tennessee.

Buy -