Built to Grow: Three Ways Software Companies Get Stronger After Joining Solen

Posted by Solen Teamon September 29, 2026
Post-AcquisitionPartnershipsSolen PortfolioSolen Culture
Three Ways Software Companies Get Stronger After Joining Solen

Growth after joining a long-term partner shows up in specific changes. New capacity at FMSI, a new Aspen build at Spokane Software Systems, a defense contract at AutoTime and a leader at NexTalk with a whole network behind him. Here is how each company got stronger.

Post-acquisition growth is the new capability a software company gains after it joins a long-term partner: more capacity, product bets that finally get funded, and room to build the team the business needs next. At Solen, that growth is the reason for the partnership, and it shows up in specific, visible changes inside each company.

Founder-built software companies tend to be lean by design. Revenue covers payroll, support and the roadmap, and a list of good ideas waits for a quarter with room in it. The examples below come from companies across the Solen portfolio. Each one shows a way a business became more capable after it joined.

What Does Post-Acquisition Growth Mean for a Software Company?

It means the business can do things after the partnership that it could not fund, staff or find time for before. That can be as simple as hours returned to a leadership team, or as large as a new version of the core product.

Solen is a permanent-capital partner for mission-critical software companies. Each company keeps its name, its leadership and its culture. With no fund clock and no predefined end date, an investment can be judged on what it produces over years, for the customers and the team who will still be there.

The level of investment is decided company by company. It follows what a business has demonstrated and where the opportunity is real, and it is worked out together with operators who have built software businesses before.

How Does a Company Gain New Capacity After Joining Solen?

The first change is usually time. When a company joins the portfolio, Solen takes on the finance, HR, legal and administrative work that competes with the product for a leadership team's attention. The goal is simplification, not control.

Jacob Reeves, General Manager of FMSI, described the effect this way:

“I came on after the long-term partnership with Solen was in place and the shared services piece was already running. That kind of overhead just gets handled, and it makes a real difference in where leadership puts their energy.”

Capacity also comes from better tools. FMSI's engineering team was already strong. Working with AI support, the team now builds and prototypes faster and has reached roughly three times its previous velocity on bug fixes. For FMSI's customers, that means improvements arrive sooner.

At Track Star, the non-core back office came off the team's desk, so the people who know the product best could stay focused on it.

Which Product Bets Get Backed After a Company Joins the Portfolio?

Every founder-built company has a list of product work that would make it materially better. The team knows exactly what is on it. Cash flow usually decides how much of it gets done. Joining Solen changes that arithmetic for companies that have earned it.

Spokane Software Systems builds ERP and traceability software for the fresh produce industry. The team is building an installable version of its Aspen platform, shaped around the operational requirements of a key customer. The new functionality handles inventory and purchased product directly through the sales order, adds a real-time inventory screen, tracks shipments and sales commissions, and tracks invoice trouble and reconciliation inside the platform.

AutoTime builds labor tracking and time and attendance software for aerospace and defense. Since joining the portfolio, AutoTime has worked with Solen on go-to-market, pricing, operations and platform investment. That groundwork helped the company sign a contract with a leading defense technology company.

Track Star went through a full product modernization and launched a mobile app, and revenue grew by roughly 40 percent, supported by an add-on acquisition.

A longtime member of the FMSI team put the change plainly:

“I was at FMSI before the Solen partnership, and the change has been genuinely remarkable. We're now investing in the product in ways we talked about for years but couldn't fully deliver on, and just as importantly, our customers have a real voice in shaping where we go next.”

How Does Joining Solen Give a Company Room to Grow Its Team?

Growth needs people, and the right leaders matter most. Solen brings experienced operators into the companies that need them and surrounds every leadership team with a network of general managers, operating partners and founders who have solved similar problems.

Travis Gollaher, General Manager of NexTalk, described what that meant from his first day:

“Coming into NexTalk, I had Solen's whole network behind me from day one. That changes what you're able to do as a leader.”

The same support reaches the people already in the business.

Ian Thomas, Sales Manager at NexTalk, was with the company before it joined the portfolio:

“I was at NexTalk before we joined the Solen portfolio and the uncertainty I felt at first faded pretty quickly once it was clear Solen was here to invest in the business.”

Portfolio leaders also share peer guilds, and Solen's talent programs, so a company can build its team with help from people who have done it before. Solen has grown its own teams in Salt Lake City, New York, Toronto, Lisbon, São Carlos and São Paulo, and the support behind each company grows as the portfolio does.

Why Does Permanent Capital Make This Kind of Growth Possible?

Growth investments pay back on their own schedule. A product rebuild or a new leadership hire can take years to show its full value. A permanent-capital partner can wait for that, because it plans to hold the company for decades.

That horizon shapes every example above. Solen was named to the 2026 Inc. 5000, ranked 214th overall and 18th in software, and every company in the portfolio draws on the same shared foundation as it grows.

Frequently Asked Questions

What Is Post-Acquisition Growth for a Software Company?

It is the new capability a software company gains after it joins a long-term partner, such as more capacity for its leadership team, funding for product work that kept getting deferred, and support to build the team the business needs next.

What Changes First When a Software Company Joins Solen?

Usually the back office. Solen takes on finance, HR, legal and administrative work so the leadership team can spend more of its time on customers and product. The company keeps its name, its leadership and its culture.

Does Every Portfolio Company Receive the Same Growth Investment?

Investment is decided company by company, based on what the business has demonstrated and where the opportunity is real. It is worked out together with Solen's operating team.

What Kinds of Product Investment Has Solen Backed?

Examples include a full product modernization and mobile app launch at Track Star, an installable version of Spokane Software Systems' Aspen platform built around a key customer's workflow, and AI-assisted engineering at FMSI.

How Does Solen Support Leadership Teams After a Company Joins?

Leaders gain access to a network of general managers, operating partners and founders, along with peer guilds, and Solen's talent programs.

Let's Talk

If your company has a growth plan that has been waiting on time, capital or people, reach out to the Solen team. We are glad to talk it through, whenever the timing suits you.

Follow us on LinkedIn as we share how our portfolio companies grow with Solen.

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