Solen Software Group History And Investment Criteria
Our Investment Criteria
Solen thinks in decades, making buy-and-hold majority acquisitions in hyper-niche, mission-critical software companies.
Our operating history.
Investments & acquisitions
100+
Our team has invested in more than 100 middle-market PE buyouts.
LOI and closing maximum
60
days
We're stubbornly committed to a maximum of sixty days between LOI and closing.
Experience
50+
years
Our team has over fifty years of SaaS building and operating experience.
What we look for...
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Investment Criteria by the Numbers.
Growth*
10-50%
We look for growing, healthy SaaS businesses. If you're not there, let's create a plan to get there.
*not required.
Annual Retention
90%+
We prioritize high Gross Revenue Retention (90%+) and Low Churn (<10%) on a cohort basis with happy, sticky customers.
Profit Margin*
10-40%
We focus on either achieving profitability or having a clear plan to get there.
*not required.
Recurring Software Revenue
70%+
Our strike zone is growing, profitable SaaS companies with +70% annual recurring revenues.
ARR
$2-30M
We're all about long-term success, and if you're not there yet, let's build a relationship to get you there.
Location Agnostic
We are agnostic to geography, industry, and whether founders stay as part of our growth plans or leave to start their next venture.
Here are a few examples of the many industries we’re interested in:
- Industrial Software
- Supply Chain Software
- Compliance Software
- Public Safety Software
- Construction Software
- Transportation Software
- Healthcare Software
- Government Tech Software
- ERP Software
- Human Capital Management Software
- Education Software
- Energy Software
Reach Out!
We'd love to hear from you.
