Carrick Capital Partners
Description
Carrick Capital Partners is a San Francisco-based private equity firm specializing in growth-oriented investments within the B2B software, SaaS, and tech-enabled services sectors. Established with a focus on providing both capital and operational expertise, Carrick aims to accelerate the growth of its portfolio companies. The firm targets businesses that have achieved significant revenue traction, typically ranging from $10 million to $100 million annually, and are often profitable or nearing profitability. Their investment approach is characterized by a deep engagement with management teams, leveraging their proprietary "Carrick Difference" methodology to drive strategic and operational improvements.
Carrick Capital Partners has demonstrated substantial fundraising success, reflecting its robust investment strategy and track record. In 2017, the firm closed its second fund, Carrick Capital Partners II, at $640 million. Building on this momentum, they successfully raised their third and largest fund, Carrick Capital Partners III, in 2021, securing $1.3 billion in capital commitments. These significant fund sizes enable Carrick to make substantial investments, typically deploying between $50 million and $200 million per company. This range allows them to acquire meaningful minority or control stakes, providing ample capital for growth initiatives, market expansion, and strategic acquisitions.
Beyond capital infusion, Carrick Capital Partners distinguishes itself through its hands-on operational support. The firm's team comprises experienced operators and executives who work closely with portfolio company leadership on areas such as go-to-market strategy, product development, talent acquisition, and financial optimization. They seek out companies with strong management teams, defensible market positions, and significant potential for scaling. Their focus on mature, yet high-growth, technology and tech-enabled businesses positions them as a strategic partner for companies looking to navigate the complexities of rapid expansion and achieve market leadership.
Investor Profile
Carrick Capital Partners has backed more than 24 startups, with 2 new investments in the last 12 months alone. The firm has led 18 rounds, about 75% of its total and boasts 10 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Series B, Private Equity rounds (top funding stages).
- Majority of deals are located in United States, Canada, Luxembourg.
- Strong thematic focus on Software, Health Care, Information Technology.
- Led 1 rounds in the past year.
- Typical check size: $50M – $200M.
Stage Focus
- Series Unknown (50%)
- Series B (13%)
- Private Equity (8%)
- Series E (8%)
- Series F (4%)
- Undisclosed (4%)
- Series C (4%)
- Series D (4%)
- Series A (4%)
Country Focus
- United States (92%)
- Canada (4%)
- Luxembourg (4%)
Industry Focus
- Software
- Health Care
- Information Technology
- Saas
- Employee Benefits
- Cloud Computing
- Fintech
- Business Intelligence
- Professional Services
- Enterprise Software
Frequently Asked Questions
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