Boathouse Capital

Boathouse Capital is a private equity firm headquartered in Wayne, Pennsylvania, specializing in direct investments in the middle market. The firm focuses on making equity and debt investments ranging from $2 million to $50 million in high-growth companies, particularly in sectors such as fintech, enterprise software, healthcare IT, payment processing, and technology-enabled services. Boathouse Capital typically invests in companies with annual revenues between $10 million and $75 million, enterprise values of $10 million to $100 million, and EBITDA between $1.5 million and $15 million, seeking to acquire a majority stake in its portfolio. Founded in 2008, the firm manages approximately $350 million in capital and emphasizes a sector-focused strategy that partners with management teams to foster growth and create lasting value. Boathouse Capital avoids investments in industries such as real estate, banking, oil and gas, and heavy manufacturing, primarily focusing its efforts in the Mid-Atlantic and Philadelphia areas.

Brian Adamsky

CFO

Kurt Aplan

Vice President

Carey C.F.A., Matt

Vice President

Kevin Condon

Principal

Steve Dressel

M&A Director

William Dyer

Managing Partner and Founding Partner

Lorelei Gaus

Senior Associate

Kenneth (Ken) Jones

General Partner

Chong Moua

Managing Partner and Founding Partner

Andrew Olsen

Partner

Shivam Patel

Principal

Matt Pulos

Vice President

Andrew Smith

Associate

24 past transactions

Cardinality.ai

Series B in 2023
Cardinality.ai is a data technology company dedicated to improving Health and Human Services (HHS) by enhancing the experiences of citizens and government workers through modern technology. The company aims to consumerize HHS, offering an integrated platform that provides four core experiences: Citizen, Worker, Leadership, and Regulatory, while addressing three key programs: Comprehensive Welfare, Child Support, and Family Services. By utilizing artificial intelligence and low-code solutions, Cardinality enables government agencies to modernize their existing systems more efficiently, addressing the outdated technology that has supported HHS delivery for decades. Currently, Cardinality serves approximately six million Americans, with numerous agencies across the United States adopting its platform to streamline operations and improve worker efficiency, thereby transforming the overall citizen experience in accessing essential services.

PolySign

Debt Financing in 2022
PolySign, Inc. is a company based in Oakland, California, that specializes in providing custody services for digital assets, including cryptocurrencies. Founded in 2017, PolySign has developed a secure and scalable infrastructure designed for financial institutions, enabling them to effectively manage and trade digital assets. The platform supports a wide range of digital assets and offers institutional-grade custodial services, allowing asset managers and exchanges to operate in a secure and accessible environment. By integrating with existing financial organizations and adhering to rigorous regulatory standards, PolySign aims to facilitate the broader adoption and utilization of digital assets in global markets.

Spark Hire

Private Equity Round in 2022
Spark Hire is a video interviewing platform that simplifies recruitment through its user-friendly software, which has gained over 4,000 customers in more than 100 countries since its inception in 2012. The platform features a one-way interview system that enhances productivity and collaboration among recruiters and hiring managers, addressing common inefficiencies like scheduling and feedback collection. By enabling organizations of all sizes to streamline their hiring processes, Spark Hire facilitates quicker and more informed hiring decisions. Its rapid growth has positioned it as a leading solution in the video interviewing space.

Stravos Education

Private Equity Round in 2022
Stravos Education operates educational enterprises.

Sandboxx

Private Equity Round in 2021
Sandboxx is a communication platform focused on connecting the military community and simplifying their journey. The company develops tools and content aimed at fostering relationships and enhancing knowledge among military members, their families, and commands. By integrating mobile social technology with the unique social and hierarchical structure of the military, Sandboxx enables users to maintain meaningful connections with loved ones while serving. Through its offerings, the company strives to support military personnel in navigating their experiences and strengthening bonds with those at home.

Choozle

Series C in 2021
Choozle, Inc. operates a software as a service (SaaS) digital marketing platform that focuses on insights-driven advertising. Founded in 2012 and headquartered in Denver, Colorado, with additional offices in San Francisco, New York, and London, Choozle provides a comprehensive suite of analytic, data visualization, and ad-buying tools. Its platform enables agencies, marketers, and publishers to gather consumer insights, create media, and launch real-time advertising campaigns across various channels, including video, mobile, display, and social media, all from a single interface. By integrating features typically found in multiple digital advertising tools, such as a demand-side platform and data management capabilities, Choozle offers an intuitive and cost-effective solution that simplifies the ad tech landscape, making it accessible for various users.

Mediafly

Private Equity Round in 2021
Mediafly is a technology company based in Chicago, Illinois, founded in 2006, that specializes in sales enablement and content management solutions. The company offers a modular platform designed to create interactive, value-based selling experiences that leverage content and analytics. By integrating tools for content management, cloud security, and mobile access, Mediafly enables marketers to efficiently update and distribute on-brand content. Its Evolved Selling solution enhances traditional sales methodologies, fostering improved engagement between brands and prospective buyers. Mediafly serves various industries, including manufacturing, consumer packaged goods, technology, media and entertainment, life sciences, staffing, and financial services, helping organizations achieve predictable revenue growth and strengthen customer relationships through data-driven insights.

Fresh Dining Concepts

Private Equity Round in 2019
Fresh Dining Concepts is a Coral Gables, Florida-based Auntie Anne’s franchisee

Network for Good

Private Equity Round in 2019
Network for Good, Inc. is a Washington, D.C.-based organization that provides fundraising software and support services primarily for small to medium-sized nonprofits. Founded in 2001, it transitioned from a nonprofit to a hybrid nonprofit/for-profit model in 2013. The company offers a cloud-based donation management platform that facilitates donations to various charities, including K-12 public schools, through websites and mobile applications. Additionally, Network for Good provides training resources and hosts pages for initiatives such as disaster relief and corporate campaigns. Their offerings include charity gift cards for various occasions, helping nonprofits enhance their fundraising capabilities and implement effective cause marketing strategies.

Splashlight

Private Equity Round in 2019
Splashlight LLC is a visual content creation company that specializes in photography and video services for e-commerce, luxury, jewelry, fashion, and athletic brands. Founded in 2002 and headquartered in New York, the company also has offices in Miami, Baltimore, and Montreal. Splashlight is recognized for its innovative approach, having been the first visual content provider to focus on e-commerce. The company is renowned for merging the high standards of high-fashion photography with the demands of high-volume e-commerce environments. Through its unique methodologies and creative services, Splashlight aims to enhance the visual storytelling of brands, thereby supporting their marketing and sales efforts.

AnalyticsIQ

Series A in 2019
Analytics IQ growing marketing data and predictive analytics innovator. They are the first data company to consistently blend cognitive psychology with sophisticated data science to help you understand the who, what and why behind consumers and the decisions they make every day. Their accurate and comprehensive consumer database, PeopleCore, provides access to data attributes you can’t find anywhere else. From demographics and affluence categories to psychological drivers and purchase predictors, marketers rely on their data to fuel personalized experiences across channels. Recognized as one of the “Top 100 Most Promising Big Data Solution Providers”, AnalyticsIQ is headquartered in Atlanta, Georgia, and employs a team of industry veterans, data scientists and cognitive psychologists with over 100 years of collective analytical experience. their fast and flexible approach makes it easy to get started using sophisticated data to grow your business.

TapClicks

Venture Round in 2019
TapClicks, Inc. is a prominent marketing technology company that provides an integrated Marketing Operations Platform designed for agencies, media companies, brands, and enterprises. Founded in 2009 and headquartered in Silicon Valley, TapClicks offers a comprehensive suite of tools including sales enablement, workflow and order management, analytics, and automated reporting, all accessible through a single user-friendly cloud interface. The platform has facilitated the delivery of over one million dashboards to more than 5,000 brands and 500 media companies globally. TapClicks supports over 150 native API integrations with various marketing and advertising platforms, enhancing its capabilities with ImportWizard, which allows data import from virtually any source. The company has development and sales offices in Boston and Canada, as well as sales offices in Europe and Latin America.

Finch

Private Equity Round in 2019
Finch, LLC is a digital marketing management company that specializes in automating and optimizing advertising for e-commerce and lead generation. Founded in 2009 and headquartered in Salt Lake City, Utah, with additional offices in Dublin, Ireland, and Munich, Germany, Finch offers an artificial intelligence-driven platform designed to streamline marketing processes. The platform provides insights into paid search, display, and shopping advertising, enabling marketing professionals to make data-informed decisions and achieve predictable returns across various channels. Finch focuses on helping brands in-house their digital marketing efforts, allowing them to leverage software specifically tailored for e-commerce. By utilizing advanced algorithms for intelligent bidding, Finch optimizes advertising campaigns to reduce costs and enhance sales conversions, thereby driving revenue growth for its clients.

TapClicks

Private Equity Round in 2018
TapClicks, Inc. is a prominent marketing technology company that provides an integrated Marketing Operations Platform designed for agencies, media companies, brands, and enterprises. Founded in 2009 and headquartered in Silicon Valley, TapClicks offers a comprehensive suite of tools including sales enablement, workflow and order management, analytics, and automated reporting, all accessible through a single user-friendly cloud interface. The platform has facilitated the delivery of over one million dashboards to more than 5,000 brands and 500 media companies globally. TapClicks supports over 150 native API integrations with various marketing and advertising platforms, enhancing its capabilities with ImportWizard, which allows data import from virtually any source. The company has development and sales offices in Boston and Canada, as well as sales offices in Europe and Latin America.

Sageworks

Venture Round in 2018
Sageworks, Inc., now part of Abrigo, Inc., specializes in financial analysis and risk management solutions tailored for private companies. Founded in 1998 and based in Aurora, Colorado, the company offers a range of tools that facilitate end-to-end automation for customer life cycles. Its product suite includes the Sageworks Lending Solution, which helps banks and credit unions process loans through automated documentation analysis, and the Sageworks Credit Risk Solution, designed to assess risk across various sectors, including businesses and properties. Additionally, the Sageworks Portfolio Risk Solution aids in managing loan portfolio risks, while the Sageworks API Network integrates diverse data sources into a unified interface. Sageworks serves a wide array of financial professionals, including bankers, accountants, and CFOs, across North America, the United Kingdom, and beyond, enabling them to make informed financial decisions through accessible data and analysis.

Unitas Global

Series C in 2018
Unitas Global LLC is a provider of managed cloud and cloud connectivity solutions, primarily serving over 100 enterprise clients. Founded in 2011 and based in Los Angeles, the company specializes in designing, deploying, and managing cloud infrastructure, including hybrid and multi-cloud environments. It offers services such as global cloud access, enterprise connectivity, and remote monitoring and management. Unitas Global aims to enhance enterprise agility and efficiency through its innovative Cloud Connectivity Manager platform, which provides instant quotes for millions of fiber locations and data centers worldwide. The company collaborates with major partners including AWS, Microsoft Azure, Cisco, and Equinix to facilitate optimal cloud performance and accelerate clients' cloud journeys. In addition to its headquarters in Los Angeles, Unitas Global maintains regional offices in Chicago, New York, and London, along with support operations in Kansas City and Johnson City.

CellTrak

Venture Round in 2017
CellTrak Technologies, Inc. offers Software-as-a-Service (SaaS) mobile solutions tailored for the home healthcare, hospice, and private duty markets across the United States and Canada. Established in 2004 and headquartered in Schaumburg, Illinois, CellTrak focuses on automating workflows to enhance compliance and reduce operational costs. Its flagship product, the CellTrak visit manager platform, enables healthcare professionals to efficiently enter patient-specific data through an intuitive mobile interface. The solutions include features such as GPS tracking, visit verification, automated mileage calculations, scheduling, and various care management modules, which collectively streamline administrative processes and improve patient outcomes. Additionally, the CellTrak Portal provides real-time insights for supervisors, facilitating data-driven decision-making regarding visit compliance and staff performance. The platform supports multiple operating systems, including Windows, Android, BlackBerry, and iOS, making it versatile for various users in the field.

Mediafly

Private Equity Round in 2017
Mediafly is a technology company based in Chicago, Illinois, founded in 2006, that specializes in sales enablement and content management solutions. The company offers a modular platform designed to create interactive, value-based selling experiences that leverage content and analytics. By integrating tools for content management, cloud security, and mobile access, Mediafly enables marketers to efficiently update and distribute on-brand content. Its Evolved Selling solution enhances traditional sales methodologies, fostering improved engagement between brands and prospective buyers. Mediafly serves various industries, including manufacturing, consumer packaged goods, technology, media and entertainment, life sciences, staffing, and financial services, helping organizations achieve predictable revenue growth and strengthen customer relationships through data-driven insights.

Convene

Series B in 2016
Convene designs and services premium places to work, meet, and host inspiring events. Through strategic partnerships with prominent commercial landlords, Convene operates a network of hospitality-driven locations in Class A office buildings across major U.S. cities, with plans to expand globally. Convene has raised $260M in equity funding to date, and has been named one of America’s 100 Most Promising Companies by Forbes and a Best Workplace by both Inc. and Fortune Magazine.

OrthoFi

Venture Round in 2016
OrthoFi, Inc. operates a technology-enabled service platform specifically designed for the orthodontic industry. Founded in 2013 and headquartered in Denver, Colorado, OrthoFi provides a software-as-a-service solution that streamlines various front-office processes for orthodontic practices. Its platform integrates customer relationship management and revenue cycle management, facilitating flexible payment plan options for patients. The system also manages insurance eligibility verification, benefit calculations, and the submission and collection of insurance claims. By enabling practices to optimize patient acquisition and financial operations, OrthoFi helps drive growth and improve efficiency in orthodontic practices.

Frontier Strategy Group

Private Equity Round in 2016
Frontier Strategy Group (FSG) is a provider of strategic market intelligence and advisory services, focusing on helping multinational corporations excel in emerging markets. Headquartered in Washington, D.C., with regional offices in London, Singapore, and Miami, FSG offers a combination of data, insights, and analytical tools to support critical business functions such as strategic planning, commercial execution, and market monitoring. With a commitment to delivering exceptional service, FSG empowers its clients by providing continuous access to data and tailored engagements that address their most pressing business needs. The firm prides itself on its innovative approach and dedication to excellence, driven by a team of skilled professionals passionate about assisting clients in navigating the complexities of emerging markets.

Convene

Series B in 2015
Convene designs and services premium places to work, meet, and host inspiring events. Through strategic partnerships with prominent commercial landlords, Convene operates a network of hospitality-driven locations in Class A office buildings across major U.S. cities, with plans to expand globally. Convene has raised $260M in equity funding to date, and has been named one of America’s 100 Most Promising Companies by Forbes and a Best Workplace by both Inc. and Fortune Magazine.

IMPLAN

Private Equity Round in 2013
IMPLAN Group, LLC specializes in providing software tools, regional data, and technical support for comprehensive economic analysis. The company offers IMPLAN Software, which includes a complete economic assessment package that enables users to examine economies at various geographic levels, from national to ZIP code, across the United States and approximately 40 OECD countries. This software is utilized to create multi-regional social accounting matrices and multiplier models, making it a valuable resource for federal and state agencies, academic institutions, local governments, non-profit organizations, and private corporations engaged in business development and community planning. In addition to the software, IMPLAN Group provides training and support services, including installation assistance and both in-person and DVD-based training options. Founded in 1993 and based in Huntersville, North Carolina, the company has established itself as a key resource for organizations seeking detailed economic insights.

Convene

Series A in 2013
Convene designs and services premium places to work, meet, and host inspiring events. Through strategic partnerships with prominent commercial landlords, Convene operates a network of hospitality-driven locations in Class A office buildings across major U.S. cities, with plans to expand globally. Convene has raised $260M in equity funding to date, and has been named one of America’s 100 Most Promising Companies by Forbes and a Best Workplace by both Inc. and Fortune Magazine.
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