
Brook Venture Partners
Description
Brook Venture Partners is a private equity firm based in Wakefield, Massachusetts, specializing in growth equity and buyout investments. The firm primarily focuses on expansion-stage companies within the healthcare IT, tech-enabled services, and business services sectors. They seek established businesses with significant growth potential, often targeting companies with revenues between $5 million and $50 million. Their investment strategy involves providing capital for various purposes, including growth initiatives, recapitalizations, and management buyouts, emphasizing a collaborative partnership with management teams to drive value creation.
Brook Venture Partners has a long-standing presence in the lower middle market, supported by a series of successful fundraises. Their most recent fund, Brook Venture Fund IV, L.P., closed in 2014 with $175 million in commitments. This fund continued their strategy of investing in profitable, growing companies that can benefit from their operational expertise and strategic guidance.
Over their history, the firm has cumulatively raised approximately $375 million across four funds, demonstrating their sustained commitment to their target sectors. They have built a robust portfolio, having made over 50 investments and achieved more than 20 successful exits. This track record underscores their ability to identify and scale promising companies, delivering returns for their limited partners.
Their typical initial investment ranges from $5 million to $20 million, aimed at supporting companies poised for their next phase of expansion. Brook Venture Partners prides itself on being more than just a capital provider, offering strategic insights and operational support to help portfolio companies navigate growth challenges and maximize their market potential.
Investor Profile
Brook Venture Partners has backed more than 70 startups, with 0 new investments in the last 12 months alone. The firm has led 32 rounds, about 46% of its total and boasts 31 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom.
- Strong thematic focus on Software, Information Technology, Health Care.
- Typical check size: $5M – $20M.
Stage Focus
- Series Unknown (81%)
- Series A (9%)
- Series B (4%)
- Private Equity (3%)
- Series C (3%)
Country Focus
- United States (94%)
- United Kingdom (6%)
Industry Focus
- Software
- Information Technology
- Health Care
- Biotechnology
- Enterprise Software
- Manufacturing
- Medical Device
- Medical
- Travel
- Advertising
Frequently Asked Questions
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