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Brook Venture Partners

North America, Massachusetts, United States, Wakefield

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
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Brook Venture Partners frequently co-invest with?

GrandBanks Capital
North America, Massachusetts, United States, Needham
Co-Investments: 3
HealthEdge Investment Partners
North America, Florida, United States, Tampa
Co-Investments: 2
Blue Heron Capital
North America, Virginia, United States, Richmond
Co-Investments: 2
Sutter Hill Ventures
North America, California, United States, Palo Alto
Co-Investments: 3
Maven Capital Partners
Europe, Glasgow City, United Kingdom, Glasgow
Co-Investments: 2
Eagle Private Capital
North America, Missouri, United States, St Louis
Co-Investments: 3
Navigator Technology Ventures
North America, Massachusetts, United States, Cambridge
Co-Investments: 3
Commons Capital
North America, Massachusetts, United States, Brookline
Co-Investments: 2
Accel
North America, California, United States, Palo Alto
Co-Investments: 2
Roche Venture Fund
Europe, Basel-Stadt, Switzerland, Basel
Co-Investments: 2

Which angels does Brook Venture Partners often collaborate with?

Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Brook Venture Partners?

REVEAL

Brookfield, Wisconsin, United States

REVEAL is a saas product for pharmacy claims surveillance.

PharmaceuticalSaaS
Series UnknownJan 1, 2021
OnBoard Security

Wilmington, Delaware, United States

OnBoard Security helps automotive and IoT organizations stay ahead of the curve through superior cybersecurity.

ComputerNetwork Security
Series UnknownApr 30, 2019
Coronis Health

Sykesville, Maryland, United States

Coronis Health is a healthcare revenue cycle management and medical billing company.

BillingHealth CareHealth InsuranceMedical
Series UnknownJan 1, 2019
itrac

Wakefield, Massachusetts, United States

itrac is a Retail Healthcare Revolution company.

Health CareRetail
Series UnknownSep 21, 2018
LearnWell

Plymouth, Minnesota, United States

LearnWell provides an integrated set of academic and mental health services.

Health CareMental HealthRehabilitation
Series UnknownJan 22, 2018
G360 Link

Acton, Massachusetts, United States

We help Brand Owners, Retailers, Manufacturers and other businesses to improve the sharing of data between business partners.

ComputerInnovation ManagementSoftware
Series UnknownJan 1, 2018
Allegiance Software

Fargo, North Dakota, United States

Allegiance provides installed and Cloud fundraising solutions to public and Christian broadcasters nation wide.

AdvertisingDigital MarketingInformation TechnologyMarketingOutdoor AdvertisingSoftwareUX DesignWeb Development
Series UnknownDec 1, 2017
Medicus IT

Alpharetta, Georgia, United States

Medicus IT provides managed IT services to specialty healthcare practices.

Health CareInformation Technology
Series UnknownMay 1, 2017
Contiem

Annapolis, Maryland, United States

Contiem is a delivering cutting-edge content solutions, software, and professional services.

ComputerSoftware
Series UnknownMar 31, 2017
Cole Information

Omaha, Nebraska, United States

Cole Information provides lead generation tools to small businesses & insurance agents.

Financial ServicesInformation TechnologySmall and Medium Businesses
Series UnknownFeb 8, 2017