Clearhaven Partners LP, a Boston-based company, secures $580 million for Clearhaven Fund II, L.P. Endowments and foundations, pension funds, insurance firms, family offices, funds-of-funds, and business executives made up Fund II’s limited partners.
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Michelle Noon, the Founder and Managing Partner, established Clearhaven in 2019 with a single objective of making software- and technology-focused investments. Through its value creation playbook and partnership approach with management, the firm offers its portfolio companies over 50 years of combined software investing and operating experience, allowing them to scale profitably.
Clearhaven looks to invest in software and technology businesses in the lower middle market that have between $20 million and $100 million in annual revenue.
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Michelle Noon and Chris Ryan, a Managing Partner and seasoned technology investor, co-lead the investment team. Operating Partner and Co-Founder Kevin Wood is one of the seasoned technology investors and operators who make up Clearhaven’s Boston team.
Since its founding, Clearhaven has finished 11 transactions. Among the firms in its current portfolio are Wowza, a video infrastructure software company, and Engageware, a customer engagement software company.
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Software providers for digital asset management include PhotoShelter; customised video communications software as a service (SaaS) provider SundaySky; cloud voice communications software provider Avoxi; and software providers for digital signage and workplace experience, Korbyt.
About Clearhaven Partners LP
Clearhaven Partners is a Boston-based private equity firm focused exclusively on investments in software and technology businesses. Clearhaven was founded by an investor-operator team to partner with differentiated, growing software and technology companies with up to $100 million in revenue.
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