Banneker Partners

Banneker Partners is a private equity firm focused on investing in Software/SaaS, Internet, and technology business services companies. Banneker Partners works with exceptionally motivated management teams to create sustainable long-term value through organic growth, strategic acquisitions, and operational improvements. Our team consists of highly experienced professionals and advisors who have collectively led private equity and venture capital investments of over $3 billion. Banneker Partner's expertise in software and technology related businesses coupled with our investments in mature and growth businesses inform our unique perspective. Banneker Partners is further differentiated by our patient capital base and investment approach. We understand that creating sustainable value and achieving long-term strategic goals require more than several quarters to accomplish. We would welcome the opportunity to learn more about your business and discuss how our partnership approach, experience and resources may benefit your company. Banneker Partners targets control or large non-control investments in companies with $5-$100 million in revenue.

Terrance Bei

SVP

Samuel Bekker

Associate

Stephen Davis

Managing Partner

Kenneth Frank

Partner

Duncan Gills

Partner

Kyle Hufford

VP

Alexandra Ivanov

Senior Associate

Hugh Kirkpatrick

VP

Darryl Lewis

Operating Partner

Matthew McDonald

Partner

Joseph Oberholtzer

VP

Paul Rudolph

Associate

Harjot Sachdeva

Operating Partner

Mark Tsun-Lien Shang

CFO

20 past transactions

CORE Business Technologies

Private Equity Round in 2019
CORE Business Technologies is a solutions provider operating in three lines of business: enterprise revenue management, document management and network management. CORE is committed to innovation and growth, helping satisfied clients compete successfully since 1983.Their roots were first planted in the document management field with the vision of an all-digital, all-connected, all-color office of the future serviced by peerless “one-call” support. They promoted the concept of integrated office technology in the New England area and, through the years, earned premier certified affiliations with partners like Microsoft, Novell, Cisco, IBM, Oracle, Hewlett-Packard, Savin, Riso and many more. Today, their solutions offer businesses new capabilities to create, store, image, process and distribute any content in any format, anywhere.

Radial

Merger/Acquisition in 2015
Radial is the leader in omnichannel commerce technology and operations, enabling brands and retailers to profitably exceed retail customer expectations. Radial’s omnichannel solutions connect supply and demand through efficient order management, fulfillment and transportation options, intelligent fraud, payments, and tax systems, store fulfillment solutions, and personalized customer care services.

IQMS

Private Equity Round in 2015
IQMS Inc. develops manufacturing enterprise resource planning (ERP) software systems for repetitive, process, and discrete manufacturing industries. The company offers products in various categories, including manufacturing ERP software, manufacturing software for production management, ERP software systems, manufacturing execution system (MES) software systems, enterprise MES software, ERP for small business, private equity ERP solution, quality management software, customer relationship management software, electronic data interchange software and services, mobile ERP apps for manufacturing companies, supply chain management software, warehouse management systems, on premise and cloud ERP deployment options, and e-commerce and web portals. It also resells shop floor hardware solutions, such as wireless computers, industrial printers, scales, biometric hand scanners, wireless machine monitoring units, wireless production status light and machine interface units, and HMI devices. In addition, the company offers support and consulting services, which include technical support, training and maintenance programs, self-serve web support, user conferences and events, and professional services. It serves automotive, medical, aerospace and defense, assembly, food and beverage, plastics, general, multi-process and contract, packaging, process-specific, stamping and metals, and manufacturing industries through a network of partners in the united states and internationally. IQMS Inc. was founded in 1989 and is based in Paso Robles, California with additional offices in Pleasanton, California; Schaumburg, Illinois; Herts, United Kingdom; Stockholm, Sweden; and Shenzhen, China. It has a development office in Canada. As of January 8, 2019, IQMS Inc. operates as a subsidiary of Dassault Systèmes SE.

iGrafx

Private Equity Round in 2021
iGrafx is a recognized leader of comprehensive Business Process Management (BPM) solutions. Their solutions help organizations large and small document, analyze, improve, manage, and align processes and technologies integral to their business operations.

Dairy, LLC

Merger/Acquisition in 2019
Dairy.com is positioned to be the world’s preeminent provider of dairy intelligence and technology, helping our customers feed a growing world.Dairy.com connects the dairy industry to markets, intelligence and each other. Each day, their advisory capabilities and technology suite empowers food industry customers with insight for better decisions from farm to fork.

Routeware

Acquisition in 2018
Founded in 1999, Routeware's single-minded vision is to be the waste industry's #1 technology provider. Our sole mission is to fully automate the entire waste collection workflow, replacing paper-based scheduling, dispatching, and collection methods with easy-to-use electronic tools in the office and in the truck. The products and services that we sell are a direct result of the input we have received from our ten-plus years of experience modeling the collection, transportation, and disposal of trash. Managing routes--residential, commercial, or roll-off--is a dynamic, fluid process. Route changes, driver issues, run backs, and truck maintenance issues all compete for your attention. Traditionally, waste haulers have managed this challenging workload with paper, multiple dispatch sites, and expensive radio and cell phone communications. At Routeware, we've pioneered a system that automates all of that. Route adjustments, truck locations, and pick-up/drop-off activity are now communicated automatically between the truck and the office. Your trucks become rich data collectors, feeding everything they're doing back to the office in real-time. Using Routeware's powerful reporting tools, everyone in the office can see exactly what's unfolding on every route. This kind of visibility leads to cost savings, route consolidation, better driver management, reduction of paperwork, and increased revenue. From product engineering to sales and marketing, everything we do is focused on our customers--not only those who use our products but the tens of thousands of homes and businesses our hauling partners service every day. We understand that hauling is a mission-critical, 24/7 business, with the absolute need to pick up 100% of the trash 100% of the time. To do that, haulers need tools that let them see and manage everything that's going on with their drivers and trucks...and connect it with everything that's happening in the office. That's what we do; provide you with the means to transform your hauling operation into a lean competitive business. If these things are important to you--strengthening the driver/management relationship, increasing accountability, reducing costs, and improving the efficiency of your organization--give us a call. Let's start a conversation about how we can put the power of Routeware to work for you.

IQMS

Venture Round in 2014
IQMS Inc. develops manufacturing enterprise resource planning (ERP) software systems for repetitive, process, and discrete manufacturing industries. The company offers products in various categories, including manufacturing ERP software, manufacturing software for production management, ERP software systems, manufacturing execution system (MES) software systems, enterprise MES software, ERP for small business, private equity ERP solution, quality management software, customer relationship management software, electronic data interchange software and services, mobile ERP apps for manufacturing companies, supply chain management software, warehouse management systems, on premise and cloud ERP deployment options, and e-commerce and web portals. It also resells shop floor hardware solutions, such as wireless computers, industrial printers, scales, biometric hand scanners, wireless machine monitoring units, wireless production status light and machine interface units, and HMI devices. In addition, the company offers support and consulting services, which include technical support, training and maintenance programs, self-serve web support, user conferences and events, and professional services. It serves automotive, medical, aerospace and defense, assembly, food and beverage, plastics, general, multi-process and contract, packaging, process-specific, stamping and metals, and manufacturing industries through a network of partners in the united states and internationally. IQMS Inc. was founded in 1989 and is based in Paso Robles, California with additional offices in Pleasanton, California; Schaumburg, Illinois; Herts, United Kingdom; Stockholm, Sweden; and Shenzhen, China. It has a development office in Canada. As of January 8, 2019, IQMS Inc. operates as a subsidiary of Dassault Systèmes SE.

Routeware

Merger/Acquisition in 2018
Founded in 1999, Routeware's single-minded vision is to be the waste industry's #1 technology provider. Our sole mission is to fully automate the entire waste collection workflow, replacing paper-based scheduling, dispatching, and collection methods with easy-to-use electronic tools in the office and in the truck. The products and services that we sell are a direct result of the input we have received from our ten-plus years of experience modeling the collection, transportation, and disposal of trash. Managing routes--residential, commercial, or roll-off--is a dynamic, fluid process. Route changes, driver issues, run backs, and truck maintenance issues all compete for your attention. Traditionally, waste haulers have managed this challenging workload with paper, multiple dispatch sites, and expensive radio and cell phone communications. At Routeware, we've pioneered a system that automates all of that. Route adjustments, truck locations, and pick-up/drop-off activity are now communicated automatically between the truck and the office. Your trucks become rich data collectors, feeding everything they're doing back to the office in real-time. Using Routeware's powerful reporting tools, everyone in the office can see exactly what's unfolding on every route. This kind of visibility leads to cost savings, route consolidation, better driver management, reduction of paperwork, and increased revenue. From product engineering to sales and marketing, everything we do is focused on our customers--not only those who use our products but the tens of thousands of homes and businesses our hauling partners service every day. We understand that hauling is a mission-critical, 24/7 business, with the absolute need to pick up 100% of the trash 100% of the time. To do that, haulers need tools that let them see and manage everything that's going on with their drivers and trucks...and connect it with everything that's happening in the office. That's what we do; provide you with the means to transform your hauling operation into a lean competitive business. If these things are important to you--strengthening the driver/management relationship, increasing accountability, reducing costs, and improving the efficiency of your organization--give us a call. Let's start a conversation about how we can put the power of Routeware to work for you.

Linq

Private Equity Round in 2018
Linq is an administrative software service provider for K-12 schools.

Fluence Technologies

Series A in 2021
Fluence Technologies deals with cloud accounting, consolidation space and financial consolidation tools and provides in the market with a solution that is purpose-built to be easily owned and maintained by finance, all while providing the power and functionality of the most robust solutions. Deals with Financial Consolidation, Financial Planning & Analysis and Financial Close Management.

Lab7 Systems

Series C in 2022
L7 Informatics provides a workflow management software platform for companies using data-intensive scientific techniques. Advances in next-generation sequencing (NGS) are enabling rapid detection and diagnosis of genetic diseases. It has developed the Enterprise Sequencing Platform (ESP) to accelerate clinical adoption of sequencing and provide a platform for clinicians to easily track, manage, and interpret patient data. It is the first software designed from the ground-up that fully integrates all the requisite components of NGS data flow management, analysis, and reporting, with auditing capability. It was founded in 2012 and is headquartered in Austin, Texas.

Ancestry.com LLC

Private Equity Round in 2012
Ancestry.com is a subscription based website which helps you discover, preserve and share your family history. The site has over 7 billion records from the US, Canada and Europe ready to add or already added to family trees. It has all relevant Federal Census records since 1790. Records are generally accessible through a paid subscription, but many are free to browse. As of June 2011, the site had nearly 1.7 paying subscribers and 26 million family trees. Ancestry.com lets users create their own family tree using web software that does not require a download. Users can start a free account if they only want to use Ancestry's family tree template and fill in their relatives manually. For those who are looking to uncover long lost relative and see if you really are related to the 3rd Czar of Russia, there is a premium and pricey subscription service that will fill in as many of your relatives as possible, filling out the branches of your family tree. Since starting as a publishing company in 1983, Ancestry.com has been a leader in the family history market for over 20 years and have helped pioneer the market for online family history research. The foundation of their service is an extensive and unique collection of billions of historical records that have been digitized, indexed and put online since 1996. Ancestry.com revenues have increased from $140.3 million in 2005 to $300.9 million in 2010, a compound annual growth rate of 16.5%. Competitors include [Geni](http://crunchbase.com/organization/geni) and [MyHeritage](http://crunchbase.com/organization/myheritage). [MyFamily.com](http://crunchbase.com/organization/myfamily.com) is a sister site.

Versaterm

Acquisition in 2020
Versaterm, Inc. offers CAD and records systems to public safety agencies in North America and the Caribbean. It offers records management systems, fire records management systems, computer aided dispatch systems, mobile workstation, law enforcement information sharing portal, and crime analysis package. The company also provides support services, such as project management and base product implementation, optional project implementation, on-site migration assistance, and upgrade training. Versaterm, Inc. was founded in 1977 and is based in Ottawa, Canada.

LevaData

Series C in 2021
LevaData Inc develops cloud based cost management software solution. The company’s cognitive sourcing platform combines market intelligence and enterprise data with artificial intelligence to identify opportunities and risks for enterprise sourcing teams. The company was incorporated in 2013 and is based in Sunnyvale, California.

Genesys

Private Equity Round in 2012
Genesys® powers more than 25 billion of the world’s best customer experiences each year. Their success comes from connecting employee and customer conversations on any channel. Every day, 11,000 companies in more than 100 countries trust the industry’s #1 customer experience platform to drive great business outcomes and create lasting relationships. Combining the best of technology and human ingenuity, Genesys builds solutions that mirror natural communication and work the way you think. Their industry-leading solutions foster true omnichannel engagement because they perform equally well across channels, on-premise and in the cloud. Experience communication as it should be: fluid, instinctive and profoundly empowering.

Hint Health Inc.

Series B in 2022
Hint Health Inc. develops a membership management platform for direct care providers. Its platform comprises tools that streamline membership administration and billing for providers and their patient, employer, and health plan clients. The company's offers plans such as essentials, plus, pro, and enterprise. The company was incorporated in 2013 and is headquartered in San Francisco, California.

Magento, Inc.

Private Equity Round in 2014
Magento is a modern cloud commerce platform with an open-source ecosystem. Flexible for B2C, B2B, and hybrid solutions, Magento extends beyond the shopping cart for every shoppable experience, including email, mobile, in-store, shipping, and marketplaces. Recognized as the leading commerce platform to the 2015 Internet Retailer Top 1000, B2B 300, and Europe 500 lists, Magento works hand-in-hand with the world’s biggest retailers, brands, and branded manufacturers across B2C and B2B industries.

Dairy, LLC

Acquisition in 2019
Dairy.com is positioned to be the world’s preeminent provider of dairy intelligence and technology, helping our customers feed a growing world.Dairy.com connects the dairy industry to markets, intelligence and each other. Each day, their advisory capabilities and technology suite empowers food industry customers with insight for better decisions from farm to fork.