How we work

Small software companies with paying customers. Most are run by the people who founded them, and most have raised little or no outside money.

Our focus follows the market. From 2022 to 2024 we bought fintech companies. Today we're buying AI companies. We don't buy D2C brands.

You email us. We get on a call, look at your numbers, and tell you whether we're interested. If we are, we make an offer, do diligence, and close.

You deal with the two partners the whole way through. There's no investment committee to wait on, and we'll tell you early if it isn't a fit.

We ask one question about every company we own: who should own this in three years?

Sometimes it's us, and we keep running it. Sometimes it's a bigger company made of two or three small ones, so we merge them. And sometimes it's a buyer who can do more with it than we can, so we sell.

We bring in outside capital on some deals. If you're an LP, family office or fund and want to see what we're working on, email us.

We also invest as an LP in a small number of venture and private equity funds.

We sell companies to strategic acquirers and to other funds. If you're looking to buy in fintech or AI, we'd like to hear what you need.