Spire Capital

Spire Capital, established in 2000 and based in New York, is a private equity firm specializing in middle-market investments. It focuses on small market companies within the technology-enabled business services, media, education, and communications sectors in North America. The firm seeks to lead buyout investments, leveraging its deep industry experience and network to support the growth and success of its portfolio companies. Spire Capital targets companies with revenues of at least $10 million and EBITDA of at least $5 million.

Andrew J. Armstrong

Founding Partner

Zachary Barket

Vice President of Finance

Alexandra A. Batter

Associate

Bruce M. Hernandez

Co-Founder and Partner

Jordan T. Jay

Associate

Bradley Johnson

Principal

Benjamin M. King

Senior Associate

Thomas Savage

Principal

David Schaible

Partner

Yash D. Singh

Associate

Donald E. Stewart

Partner, CFO and CCO

Rupali Varma

Principal

Sean White

Partner

39 past transactions

WatchMeGrow

Private Equity Round in 2024
WatchMeGrow is a technology company specializing in secure video streaming services for various sectors, including education, student enrichment, and pet care. The company's platform offers features such as screenshot and screen recording prevention, ensuring security and compliance. It also provides business intelligence and analytics tools, enabling clients to stream securely over the web. This allows families and parents to watch their children learning and growing in real-time. The platform is designed with a user-friendly interface, aiming to support and enhance the operations of schools, franchise brands, enterprise operations, and independent owners. WatchMeGrow is committed to consistent innovation and excellent customer service.

Green Security

Private Equity Round in 2024
Green Security is a company based in West Seneca, New York, established in 2014. It specializes in developing a digital security platform that automates the verification of credentials. The platform integrates credentialing and background investigation with on-site technologies, allowing clients to effectively control, manage, and monitor access for contractors, vendors, and visitors. This comprehensive approach enables organizations to maintain emergency preparedness across their facilities and provides real-time information about the presence of non-employees, ensuring enhanced security and safety.

The Inception Company

Private Equity Round in 2021
The Inception Company, LLC is a technology-driven production firm based in Fairfield, New Jersey, that specializes in creating and supporting virtual engagement platforms and services, primarily for the pharmaceutical industry. Established in 2004, the company offers a range of solutions including Pando, a virtual meeting platform, and Grove, a web conferencing service. Additionally, it provides comprehensive production and broadcasting solutions such as studio and on-location productions, as well as logistical support for meetings, which encompasses audio-visual services. The Inception Company also caters to other industries, delivering creative video production services like branded content, corporate videos, and commercials. Its mission is to help clients effectively connect with their stakeholders through innovative and high-quality virtual engagement products.

Advocate

Private Equity Round in 2020
Advocate is a leading provider of technology business management (TBM) and technology expense management (TEM) services, aimed at helping enterprise organizations optimize their technology strategies and infrastructure. The company specializes in technology consultancy and managed services, focusing on creating business value, achieving cost savings, and modernizing technology platforms. Advocate offers a range of services, including TBM expertise, optimization, transformation, global communications, mobility, data centers, contact centers, and telecom managed services. Through these offerings, Advocate enables clients to accelerate business value across their enterprises and achieve measurable business outcomes.

Dbi

Private Equity Round in 2020
DBI Group is a company that specializes in non-destructive testing and inspection services. It offers a range of services including mechanical integrity inspections, pipeline integrity inspections, and heat treatment services. The company primarily serves the oil and gas pipelines, power generation, and infrastructure sectors across the Midwest. DBI Group is committed to ensuring compliance and certification for its clients, providing essential services that help maintain safety and operational efficiency in critical industries.

PROtect

Private Equity Round in 2018
PROtect, formed by the merger of ERI Solutions and DBI Inc., is a company specializing in non-destructive testing, safety, industrial hygiene, environmental services, and insurance program management. Established in 2007 and headquartered in Colwich, Kansas, PROtect serves over 200 clients in various sectors, including biofuels, agribusiness, manufacturing, petrochemical, construction, and distribution. The company’s services, many of which are federally mandated, help clients mitigate business risks and ensure compliance with regulations. PROtect focuses on providing advanced and conventional non-destructive testing (NDT), mechanical integrity assessments, and health and process safety solutions, enabling its clients to effectively manage risks associated with employee safety and property damage.

O2BKids

Venture Round in 2018
O2B Kids is a provider of early education services focused on fostering the happiness and success of children. The organization offers preschool education and afterschool enrichment programs for elementary school students, catering to a comprehensive range of developmental needs. Their family membership program includes a variety of classes such as karate, gymnastics, cheerleading, dance, music, and drama, ensuring that children have numerous opportunities for discovery and growth. By creating an engaging environment where children can sing, dance, run, and play, O2B Kids aims to support parents in nurturing their children's potential while promoting family togetherness and joyful experiences.

Dynamic Quest

Private Equity Round in 2018
Dynamic Quest is an information technology company that specializes in providing managed IT and cloud services to enterprises and mid-sized businesses. The company offers a range of solutions, including hosted cloud services, disaster recovery, software maintenance, and security services. By delivering these services, Dynamic Quest enables clients to implement cost-effective plans that enhance operational performance and minimize productivity loss.

Emoov

Series B in 2017
Emoov is an online estate agency that offers a modern alternative to traditional estate agents, which are often criticized for high fees and inadequate support. Founded by Russell Quirk, who has extensive experience in the property industry, Emoov leverages technology to empower homeowners and enhance transparency in the selling process. The company's platform allows users to book free valuations, arrange viewings, and facilitate contract exchanges, all while charging nominal fixed fees significantly lower than the percentage-based commissions typical of conventional agents. Emoov's commitment to customer service and its innovative approach positions it as a disruptive force in an industry that is increasingly reliant on efficiency and affordability. Operating across England, Scotland, and Wales, Emoov aims to redefine the real estate experience for sellers.

Vector Media

Venture Round in 2016
Vector Media is a provider of Out-of-Home advertising services, specializing in large format visual communications. The company offers a wide range of advertising solutions designed to enhance brand experiences and deliver measurable impact. Their offerings include double-decker transit spectaculars, airport shuttles, custom-route coach-style vehicles, solar kiosks, street furniture, taxi media, digital advertising, bulletins, wallscapes, building wraps, and printed publications. Additionally, Vector Media engages in experiential marketing, enabling brands across America and Europe to effectively communicate their stories and inspire creativity among their audiences.

On Campus Marketing (OCM)

Debt Financing in 2016
On Campus Marketing is a online retail of university-approved merchandise for campus living, gifting, and special campus occasions.

On Campus Marketing (OCM)

Acquisition in 2016
On Campus Marketing is a online retail of university-approved merchandise for campus living, gifting, and special campus occasions.

Lighthouse

Venture Round in 2015
Lighthouse is a prominent full-service eDiscovery provider that caters to Fortune 100 companies and Am Law 100 law firms across the United States. With over 19 years of experience, the company specializes in managing the complexities of enterprise data for compliance and legal teams. Lighthouse offers a range of services, including consulting and data analysis, aimed at enhancing eDiscovery workflows while significantly reducing clients’ overall discovery costs. Their focus on collaboration and innovation enables clients to effectively identify and mitigate risks associated with current and future litigation.

Accuship

Acquisition in 2014
Accuship, Inc. provides transportation spend management solutions. The company focuses on contract management, shipment management, and payment management solutions. It offers shipment management products, such as AccuMove, which provides users’ employees with the ability to make service and rate comparisons using a multi carrier option, as well as offers desktop shipping, shipment management, hazardous goods, imports, and exports solutions; AccuTrade that offers international trade logistics, compliance, and content solutions; and AccuTrack, which provides basic tracking, supply chain event management, and first and last mile tracking solutions, as well as a solution for various inbound, outbound, and inter-office shipments. The company also provides payment management solutions, including AccuAudit that offers invoice processing, content validation, contract and invoice validation, routing guide compliance, loss and damage claims, small package claims, and freight claims solutions; AccuCode, which provides freight cost allocation, tolerance logic, on-line exception resolution, and information management by cost center solutions; and AccuPay that offers no float policy, escape float pitfalls, SAS70 type II certification, disbursement controls, and on-line carrier invoice review solutions. In addition, it offers information management products, which include AccuView, a reporting tool for the enterprise; and implementation, managed, and consulting services. The company serves retail, telecommunications, pharmaceutical, distribution, and banking industries. Accuship, Inc. was formerly known as Accuship.com, Inc. and changed its name to Accuship, Inc. in April 2000. The company was founded in 1994 and is headquartered in Memphis, Tennessee. As of September 30, 2006, Accuship, Inc. operates as a subsidiary of Iron Data Solutions, Inc.

Trax Technologies

Private Equity Round in 2014
Trax Technologies, Inc. specializes in refining logistics data for the transportation industry, addressing issues of inaccuracy and inconsistency prevalent in the sector. By utilizing a cloud-based software platform, Trax helps companies streamline their logistics management processes, enhancing audit controls and maintaining detailed records of costs and payments. This refined data aids clients in minimizing inefficiencies, reducing financial risk, and improving overall decision-making through better data analytics. The company estimates that poor logistics data costs the transportation industry significantly, underscoring the importance of its services. With offices across the U.S., Europe, Asia, and Latin America, Trax Technologies plays a crucial role in helping businesses achieve greater efficiency and financial clarity in logistics operations. For more information, visit www.traxtech.com.

Telekenex

Private Equity Round in 2014
Telekenex is a business-grade IP service provider with a robust private international IP network and innovative solutions, including managed ethernet, SIP trunking, private MPLS and Internet, managed data center, and a full suite of IP Telephony solutions. Telekenex was founded in 1994 and is based in San Francisco, California.

NetFortris

Private Equity Round in 2014
NetFortris, Inc. is a provider of cloud-based voice and data communications solutions, specializing in unified communications as a service (UCaaS) and managed network services. The company offers a range of services including multiprotocol label switching (MPLS) for connecting multiple business locations, dedicated Internet access, and mobile MPLS services. Additionally, it provides cloud backup solutions and failover services to ensure business continuity. NetFortris features various applications such as a call center application, cloud PBX, and SIP trunking, alongside advanced security products like firewalls and antivirus solutions. Its proprietary NetFortris Cloud Solutions Platform underpins its offerings, delivering integrated management and analytics for secure communications. The company serves diverse sectors including multi-location enterprises, retail, healthcare, and financial services. Founded in 1994 and based in San Francisco, California, with a regional office in Atlanta, Georgia, NetFortris aims to optimize communications and enhance productivity for its clients.

Surgent Professional Education

Private Equity Round in 2013
Surgent Professional Education is an end-to-end educational platform dedicated to serving accounting and finance professionals. The company specializes in offering comprehensive resources for licensing and continuing education, including certification exam preparation for various accounting degrees. One of its key offerings is the Surgent CPA Review, which provides targeted support for individuals preparing for the CPA exam. Through its diverse range of educational products, Surgent aims to enhance the skills and knowledge of professionals in the accounting and finance sectors, facilitating their career advancement and compliance with continuing education requirements.

Performance Assessment Network

Acquisition in 2013
Performance Assessment Network (PAN), founded in 2000 by two clinical psychologists, specializes in talent measurement solutions designed to assist organizations in hiring, developing, and retaining the right talent. As a leading provider in this field, PAN offers a comprehensive suite of assessment tools and consulting services that cater to various clients, including corporations, government agencies, professional associations, and academic institutions. Their services encompass test development, pre-hire employment selection, managerial assessments, and licensing and certification tests. By leveraging innovative technology and streamlined processes, PAN enables clients to effectively measure and identify the skills, traits, and abilities of individuals seeking employment or professional credentials. More information can be found on their website.

Tonchidot

Series B in 2010
Social Augmented Reality Mobile Location-based Service "Sekai Camera" (World Camera) Their client-side software and web service enable camera-equipped mobile devices (such as iPhones, Android "Google Phones", and other smart-phones) to access informational and entertainment services by creating a "Clickable World" via the use of Augmented Reality (AR) hyper-tags. These user-clickable tags, which they call "AirTags", are location-based and mapped in the real world. These AirTags can be seen and accessed through the camera view of mobile devices with Sekai Camera software. Sekai Camera is realized though a combination of technologies, including client-side software deployed on iPhone, Android and other OS platforms, and also highly scalable web computing systems. In addition, Sekai Camera integrates with services provided by mobile carriers, existing data/service providers, and location technology companies, which combined, enable this dynamic location-based information retrieval service.

Rainbow Child Care Center

Private Equity Round in 2010
Rainbow Child Care Center provides early education services to more than 10,500 students, with 121 schools and before/after school programs in 12 states in the Midwest, Mid-Atlantic and Southeast U.S.

Tarpon Towers

Private Equity Round in 2010
Tarpon Towers, founded in 2008 as Florida Tower Partners, LLC, is a company dedicated to the development, acquisition, and management of wireless communication sites across the United States. The firm leverages the extensive experience of its management team in the tower industry and network deployment to meet the growing demand for wireless communications services from consumers, businesses, and government entities. Through its operating subsidiary, Florida Tower Partners, LLC, Tarpon Towers engages in site acquisition and permitting programs, as well as forming strategic partnerships that facilitate funding and joint ventures. The company actively seeks to acquire select wireless communications tower assets, positioning itself as a key player in the wireless infrastructure market.

Velocity Technology Solutions

Private Equity Round in 2010
Velocity Technology Solutions specializes in providing enterprise and business application cloud services, offering fully-managed and secure storage within virtual private, public, or hybrid clouds. The company focuses on lowering operational costs while enhancing software performance and service levels, thus alleviating the workload on IT staff and enabling flexible deployment options. Velocity's expertise in managing software 24/7, along with its proprietary technology, improves availability, security, and control, making it a reliable partner for organizations looking to deploy their application investments quickly and securely. Headquartered in Charlotte, Velocity operates additional facilities in multiple locations, including Minneapolis, Nashville, Denver, and international offices in India, Singapore, Canada, and the UK. The company is backed by Silver Lake Sumeru, a prominent private equity firm specializing in technology investments.

Carpathia

Acquisition in 2008
Carpathia is a prominent provider of cloud services and managed hosting, specializing in secure and compliant IT infrastructure for enterprises and federal agencies. The company offers a comprehensive cloud platform that supports organizations at every stage of their cloud journey, addressing unique security and compliance needs. Carpathia delivers a wide range of services, including enterprise application hosting, virtual machines, firewall and load balancing solutions, online backup and recovery, collocation hosting, and monitoring services. With a focus on customer care, Carpathia provides 24/7 global support to ensure optimal performance and reliability through its advanced data center facilities. The company is committed to exceeding client expectations, as reflected in its E3 Promise.

Certiport

Private Equity Round in 2007
Certiport is a leading provider of software training, assessment, and certification solutions aimed at equipping individuals with essential digital skills for the modern workforce. Operating through over 12,000 Certiport Centers globally, the company offers a range of certification programs, including the Microsoft Office Specialist, Microsoft Technology Associate, Adobe Certified Associate, CompTIA Strata IT Fundamentals, Autodesk Certified User, Intuit QuickBooks Certified User, and Internet and Computing Core Certification (IC³). These programs serve various sectors, including academic institutions, corporate environments, and government entities, validating individuals' proficiency in using computer hardware, software, and internet applications effectively.

Professional Bull Riders

Private Equity Round in 2007
Professional Bull Riders, LLC is a prominent organization that conducts professional bull riding events both in the United States and internationally. Based in Pueblo, Colorado, the company showcases the top 35 bull riders and the finest bulls in the sport. It operates four domestic tours, including the Built Ford Tough Series, U.S. Smokeless Tobacco Company Challenger Tour, Enterprise Rent-A-Car Tour, and Discovery Tour. In addition to organizing competitions, Professional Bull Riders offers memberships to riders from various countries, including the United States, Australia, Brazil, Canada, and Mexico. The company also runs an online shop that sells a range of merchandise, including apparel for men, women, and youth, as well as accessories, home and office products, and various gifts. Founded in 1992, Professional Bull Riders has established itself as a leading entity in the bull riding industry.

AssetNation

Private Equity Round in 2007
AssetNation, Inc. operates an online marketplace focused on the sale of surplus and salvage assets. Catering primarily to the insurance industry and corporate sectors, the company facilitates the auction and disposition of industrial end-of-life assets on a global scale. By providing a streamlined platform for the exchange of commercial salvage, AssetNation enables businesses to efficiently manage their surplus inventory and recover value from unwanted assets.

SkyMall

Acquisition in 2005
SkyMall, LLC is an online retail company based in Phoenix, Arizona, that specializes in a diverse range of products including home and garden items, health and beauty products, electronics, clothing and accessories, travel gear, pet supplies, and toys. Established in 1989, the company offers an extensive selection of goods such as furniture, decor, home security systems, kitchen and dining items, fitness equipment, and holiday decorations. Additionally, SkyMall provides apparel and accessories for men, women, and children, as well as a variety of electronics including TVs, computers, and musical instruments. The company caters to pet owners with products like food dispensers, bedding, and care items. SkyMall operates as a subsidiary of C&A Marketing Inc. as of 2015, enhancing its offerings and reach in the e-commerce space.

Sonitrol

Private Equity Round in 2004
Sonitrol is a provider of electronic security systems tailored for commercial enterprises in the United States. The company specializes in verified response security solutions designed to enhance safety in schools and businesses. Its offerings include audio intrusion alarms, monitored video services, access control systems, closed-circuit television, and fire detection systems. By focusing on these technologies, Sonitrol aims to deliver comprehensive security solutions that effectively meet the needs of various organizations.

Highline Financial

Private Equity Round in 2003
Highline Financial specializes in providing comprehensive banking information and analytics specifically tailored for the financial services sector. With over 35 years of expertise, the company offers a range of services including company intelligence, regulatory data, financial analytics, pricing information, and market share reports. Highline Financial is recognized for its development of the first performance indexes, benchmarks, and diagnostic models within the industry, having been a key provider of banking business analytics from the late 1980s through the 1990s. The company serves over 1,000 clients, including senior executives, who rely on its data to manage risk and inform investment decisions. Highline Financial's offerings also encompass credit risk analysis, demographic data, and M&A information, making it a vital resource for informed decision-making in the banking sector.

Highline Media

Private Equity Round in 2003
Highline Media is a publishing company that specializes in providing information for the financial, insurance, and real estate sectors. By focusing on these industries, Highline Media delivers relevant content and insights to professionals and stakeholders, helping them make informed decisions. The company aims to be a trusted source of information in these fields, catering to the needs of its audience through various publishing formats.

Patriot Media and Communications

Private Equity Round in 2003
Patriot Media and Communications, LLC engages in the ownership and operation of cable system in Central New Jersey.

Nassau Broadcasting Partners

Private Equity Round in 2003
Nassau Broadcasting Partners is a radio broadcasting company based in Princeton, New Jersey, specializing in the development of local radio station clusters. The company operates a diverse portfolio of 56 radio stations, which includes 40 FM and 16 AM stations, strategically located across 13 Arbitron-rated markets. In addition to its radio broadcasting operations, Nassau Broadcasting provides media production and distribution services, enhancing its reach and capabilities within the industry.

Inflow

Venture Round in 2002
Inflow provides facility-based information technology outsourcing solutions.

Inflow

Venture Round in 2001
Inflow provides facility-based information technology outsourcing solutions.

Encoda Systems

Private Equity Round in 2001
Encoda Systems Holdings, Inc., established as a prominent global supplier, specializes in providing comprehensive software and service solutions tailored to the broadcast media industry. Its customer base spans television, radio, cable, satellite, and advertising agencies worldwide. The company's offerings encompass automation, sales, traffic, programming, and financial software, enabling efficient management within these sectors.

Vivax

Series B in 2001
Vivax is a Brazilian company that provides a range of services and products, including cable television, broadband internet, and various small appliances such as air conditioners and audio equipment. In addition to its direct consumer offerings, Vivax also engages in wholesale carrier and media services, contributing to its comprehensive telecommunications portfolio. The company aims to meet diverse consumer needs through its innovative service delivery and product range, positioning itself as a notable player in the Brazilian market.

Inflow

Series C in 2000
Inflow provides facility-based information technology outsourcing solutions.

iNNERHOST

Venture Round in 2000
iNNERHOST, Inc. was formed in 1998 to provide shared and complex web hosting services to small and medium-sized businesses. The company, which was based in Miami, FL, provided its services throughout the United States with a growing presence in Latin America. In 2000, iNNERHOST received a venture capital investment of $15 million by Spire Capital to hire key talent, expand its Latin American strategy, and build out its state-of-the-art data center. On August 31, 2002, iNNERHOST was acquired (for an undisclosed amount) by Interland, an Atlanta-based company, which was one of the largest providers of web-hosting services for small and medium-sized enterprises in the United States. Prior to the merger, iNNERHOST had nearly 150 employees and its customer base included approximately 13,000 shared hosting accounts and 1,500 dedicated hosting customers. At the time, it was one of six companies in the world to be a Microsoft Gold Certified Partner. Products and services included shared, dedicated, clustered-hosting services, database services, domain name registration services, back-up storage, and other application hosting services.
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