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Great Hill Partners

North America, Massachusetts, United States, Boston

Description

Great Hill Partners is a prominent private equity firm based in Boston, United States, established in 1998. The firm specializes in investing in high-growth, middle-market companies across various sectors. With a substantial capital base, Great Hill Partners recently closed its ninth fund, Great Hill Partners Fund IX, at an impressive $6.5 billion in 2023, demonstrating their significant capacity for large-scale investments and their continued commitment to their investment strategy.

The firm's investment approach is versatile, encompassing majority recapitalizations, minority growth equity investments, and buyouts. They strategically target companies within key sectors, including software, digital infrastructure, financial technology, healthcare, and consumer. Great Hill Partners seeks to partner with companies that exhibit strong growth potential, robust business models, and experienced management teams capable of executing ambitious expansion plans.

Financially, Great Hill Partners typically focuses on companies with enterprise values ranging from $100 million to $3 billion. They look for businesses with an EBITDA of $10 million to $100 million or more, indicating a preference for established, profitable entities. Their equity commitments per transaction are substantial, generally falling within the range of $50 million to $500 million, allowing them to be a lead investor in significant growth and buyout opportunities.

Great Hill Partners distinguishes itself through its collaborative partnership model, providing more than just capital. They actively engage with portfolio companies, offering strategic guidance, operational expertise, and support for mergers and acquisitions. This hands-on approach aims to accelerate growth, enhance operational efficiency, and ultimately drive long-term value creation for the businesses they invest in.

Investor Profile

Great Hill Partners has backed more than 82 startups, with 1 new investments in the last 12 months alone. The firm has led 53 rounds, about 65% of its total and boasts 40 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Brazil, Canada.
  • Strong thematic focus on Software, E-Commerce, Information Technology.
  • Led 1 rounds in the past year.
  • Typical check size: $50M – $500M.

Stage Focus

  • Private Equity (63%)
  • Series Unknown (9%)
  • Series B (7%)
  • Series C (6%)
  • Series D (4%)
  • Series A (4%)
  • Series F (4%)
  • Series G (1%)
  • Series H (1%)
  • Post Ipo Equity (1%)

Country Focus

  • United States (82%)
  • Brazil (5%)
  • Canada (4%)
  • Denmark (2%)
  • Spain (1%)
  • United Kingdom (1%)
  • Germany (1%)
  • Australia (1%)

Industry Focus

  • Software
  • E-commerce
  • Information Technology
  • Saas
  • Enterprise Software
  • Financial Services
  • Payments
  • Internet
  • Accounting
  • Fintech
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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 Great Hill Partners frequently co-invest with?

Spark Capital
North America, California, United States, San Francisco
Co-Investments: 2
GreyLion Capital
North America, New York, United States, New York
Co-Investments: 2
HarbourVest Partners
North America, Massachusetts, United States, Boston
Co-Investments: 3
Headline
North America, California, United States, San Francisco
Co-Investments: 3
Battery Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 2
.406 Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 2
Pamlico Capital
North America, North Carolina, United States, Charlotte
Co-Investments: 2
Greycroft
North America, New York, United States, New York
Co-Investments: 2
JP Morgan Chase
North America, New York, United States, New York
Co-Investments: 2
Greenspring Associates
North America, Maryland, United States, Owings Mills
Co-Investments: 2

Which angels does Great Hill Partners often collaborate with?

TR
North America, Ohio, United States, Cleveland
Shared Deals: 1
AR
North America, Massachusetts, United States, Boston
Shared Deals: 1
RD
North America, Massachusetts, United States, Weston
Shared Deals: 1
MD
North America, Massachusetts, United States, Boston
Shared Deals: 1
Romero Rodrigues
South America, Sao Paulo, Brazil, São Paulo
Shared Deals: 1

What are some of recent deals done by Great Hill Partners?

Mission Wealth Management

Santa Barbara, California, United States

Mission Wealth Management is an independent financial planning and investment management firm.

Financial ServicesInsuranceRisk ManagementTax ConsultingWealth Management
Private EquityMay 1, 2025
Varicent Software

Toronto, Ontario, Canada

Varicent Software provides incentive and sales performance management solutions for finance, sales, human resources and IT departments.

Enterprise SoftwareInformation TechnologySalesSoftware
Private EquityJul 16, 2024
Fusion Risk Management

Rolling Meadows, Illinois, United States

Fusion Risk Management provides cloud-based continuity risk management software, contingency planning solutions, and consulting services.

AdviceRisk ManagementSoftware
Private EquityApr 26, 2023
UCC Environmental (UCC)

Waukegan, Illinois, United States

UCC Environmental (UCC) is an engineering company that offers dry sorbent injection and reagent handling systems.

Industrial EngineeringLogisticsManufacturing
Private EquityMay 24, 2022
Prodege

El Segundo, California, United States

Prodege is a cutting-edge marketing and consumer insights platform that leverages its global audience to power its business solutions.

AdvertisingAnalyticsDigital MediaGift CardMarket ResearchMobileSearch EngineVirtual Currency
Private EquityNov 15, 2021
Clearwave

Atlanta, Georgia, United States

Clearwave operates a healthcare network that allows medical facilities to authenticate insurance eligibility of patients.

Health CareInformation ServicesInformation TechnologyInsurance
Private EquityOct 26, 2021
Domino Data Lab

San Francisco, California, United States

Domino Data Lab provides a platform that utilizes data science and AI for collaboration, model deployment, and centralizing infrastructure.

AnalyticsArtificial Intelligence (AI)Big DataData MiningEnterprise ApplicationsEnterprise SoftwareMachine LearningSoftware
Series FOct 5, 2021
Amount Raised: $100,000,000
Totango

Redwood City, California, United States

Totango is customer success software that helps businesses drive product adoption, prevent churn, and grow expansion revenue.

AnalyticsCustomer ServiceEnterprise SoftwareInformation TechnologyInternet of ThingsSaaSSoftware
Series DSep 29, 2021
Amount Raised: $100,000,000
IVX Health

Brentwood, Tennessee, United States

IVX Health is a provider of infusion and injection therapy for those with complex chronic conditions.

Health CareMedicalTherapeutics
Series FSep 21, 2021
Amount Raised: $100,000,000
Blue Ridge

Marietta, Georgia, United States

Blue Ridge is a Cloud provider of supply chain planning and analytics solutions.

AnalyticsCommercial Real EstateLeasingLogisticsProperty ManagementReal EstateSaaSSalesSupply Chain Management
Private EquitySep 21, 2021