Mainsail

LinenMaster Receives Growth Investment from Mainsail Partners and Welcomes New CEO

Retrieved on: 
Wednesday, November 1, 2023

DALLAS, Nov. 1, 2023 /PRNewswire-PRWeb/ -- LinenMaster, LLC ("LinenMaster" or "the Company"), a leading software solution for industrial laundries, today announces a significant investment from Mainsail Partners, a growth equity firm that invests in fast-growing software companies. The partnership with Mainsail will help expedite product development, enhance client services, grow the leadership team, and support innovation for current and future commercial laundry customers. The Company also today shares the appointment of Matt Amoia as Chief Executive Officer, effective November 1.

Key Points: 
  • DALLAS, Nov. 1, 2023 /PRNewswire-PRWeb/ -- LinenMaster, LLC ("LinenMaster" or "the Company"), a leading software solution for industrial laundries, today announces a significant investment from Mainsail Partners, a growth equity firm that invests in fast-growing software companies.
  • The partnership with Mainsail will help expedite product development, enhance client services, grow the leadership team, and support innovation for current and future commercial laundry customers.
  • The investment from Mainsail will help take LinenMaster to the next level of service for customers."
  • The investment from Mainsail will help take LinenMaster to the next level of service for customers," said Sarah Sinclair, acting CEO.

RED OAK COMPLIANCE SOLUTIONS ANNOUNCES $51 MILLION INVESTMENT FROM MAINSAIL PARTNERS

Retrieved on: 
Thursday, June 29, 2023

Austin, Texas, June 29, 2023 (GLOBE NEWSWIRE) -- Red Oak Compliance Solutions , a leader in comprehensive intelligent compliance software solutions, announced today a $51 million investment from Mainsail Partners, a growth equity firm that invests in growing software companies.

Key Points: 
  • Austin, Texas, June 29, 2023 (GLOBE NEWSWIRE) -- Red Oak Compliance Solutions , a leader in comprehensive intelligent compliance software solutions, announced today a $51 million investment from Mainsail Partners, a growth equity firm that invests in growing software companies.
  • “This is a momentous day for our firm, employees, clients, and the industries we serve,” said Red Oak Co-Founder and CEO Stephen Pope .
  • This investment will help us accelerate our product development and scale our operations to help our customers increase efficiency and effectiveness in their compliance management operations.
  • “As an SEC-regulated organization, Mainsail appreciates the importance and complexity of compliance management,” said David Farsai , Partner at Mainsail Partners.

UBS Advisor Team Mainsail Wealth Partners Named to the Barron’s Top 100 Private Wealth Management Teams List

Retrieved on: 
Tuesday, May 2, 2023

UBS Private Wealth Management today announced that Mainsail Wealth Partners , an advisor team in the firm’s Los Angeles, California office, has been named to the Barron’s Top 100 Private Wealth Management Teams for 2023, ranking #8 in the United States.

Key Points: 
  • UBS Private Wealth Management today announced that Mainsail Wealth Partners , an advisor team in the firm’s Los Angeles, California office, has been named to the Barron’s Top 100 Private Wealth Management Teams for 2023, ranking #8 in the United States.
  • Mainsail Wealth Partners is responsible for managing over $7 billion in invested client assets for ultra-high net worth individuals and families.
  • Mainsail Wealth Partners previously ranked #18 on Barron’s Top 100 Private Wealth Management Teams list for 2022.
  • The annual Barron's Top 100 Private Wealth Teams recognizes wealth advisory teams across the country that specialize in serving individuals and families.

Mainsail Partners Named in Inc.'s 2022 List of Founder Friendly Investors

Retrieved on: 
Thursday, October 6, 2022

AUSTIN, Texas, and SAN FRANCISCO, Oct. 6, 2022 /PRNewswire-PRWeb/ -- Mainsail Partners, a growth equity firm that invests in bootstrapped software companies, was named in Inc.'s annual Founder-Friendly Investors list. According to Inc., the list recognizes private equity and venture capital firms that it believes have the best track records of success backing entrepreneurs.

Key Points: 
  • "This is a well-deserved recognition for Mainsail," said Mark Tipton, Founder and CEO of Aspire Software.
  • Mainsail Partners was founded with the goal of partnering with software company founders to help scale their business in the next phase of growth.
  • This is the third consecutive year that Mainsail has been included on Inc.'s list of Founder Friendly Investors.
  • Mainsail was ranked as a Top 25 Private Equity Firm in 2022 by GrowthCap and has appeared on Inc Magazine's list of Founder Friendly Private Equity Firms for multiple consecutive years.

Mainsail Partners Announces the Sale of Nexus Systems to Bottomline

Retrieved on: 
Tuesday, September 13, 2022

AUSTIN, Texas, Sept. 13, 2022 /PRNewswire-PRWeb/ -- Mainsail Partners, a growth equity firm that invests in bootstrapped software companies, announced the sale of Nexus Systems, a leading provider of accounts payable (AP) and payments automation software for the real estate and property management industries, to Bottomline Technologies.

Key Points: 
  • AUSTIN, Texas, Sept. 13, 2022 /PRNewswire-PRWeb/ --Mainsail Partners, a growth equity firm that invests in bootstrapped software companies, announced the sale of Nexus Systems, a leading provider of accounts payable (AP) and payments automation software for the real estate and property management industries, to Bottomline Technologies.
  • "This combination represents another milestone in the Nexus growth journey," said Tom Coolidge, co-founder and CEO of Nexus Systems.
  • Nexus provides the fastest way for real estate companies to ditch paper checks and send secure payments to their suppliers.
  • Mainsail Partners is a growth equity firm with offices in Austin and San Francisco that seeks to invest in rapidly growing, bootstrapped software companies.

Fexa Announces $40 Million Investment from Mainsail Partners

Retrieved on: 
Thursday, July 28, 2022

Fexa, a SaaS (Software-as-a-Service) solution for facility maintenance departments and service providers looking to improve efficiency and cost effectiveness of their operations, announced today a $40 million investment from Mainsail Partners, a growth equity firm that invests in fast-growing, bootstrapped software companies.

Key Points: 
  • Fexa, a SaaS (Software-as-a-Service) solution for facility maintenance departments and service providers looking to improve efficiency and cost effectiveness of their operations, announced today a $40 million investment from Mainsail Partners, a growth equity firm that invests in fast-growing, bootstrapped software companies.
  • This is an exciting inflection point for our company, said Marc Balzamo, founder and CEO of Fexa.
  • Numerous blue chip brands and Fortune 500 multi-location operators trust Fexa as their system of record to manage facilities maintenance.
  • Mainsail Partners is a growth equity firm with offices in Austin and San Francisco that seeks to invest in rapidly growing, bootstrapped software companies.

Mainsail Partners Raises $915 Million Fund VI

Retrieved on: 
Tuesday, April 19, 2022

The new fund, Mainsail Partners VI, L.P., was oversubscribed and closed in less than three months, bringing the total capital commitments raised by the firm to more than $2.2 billion.

Key Points: 
  • The new fund, Mainsail Partners VI, L.P., was oversubscribed and closed in less than three months, bringing the total capital commitments raised by the firm to more than $2.2 billion.
  • Mainsail seeks to continue its strategy of targeting $30 million to $60 million investments in rapidly growing, founder-led software companies and providing significant operational support to help them scale.
  • We are grateful for the support of our existing investors and excited to welcome new investors into the Mainsail family, said Gavin Turner, Managing Partner and co-founder of Mainsail Partners.
  • Mainsail Partners is a growth equity firm with offices in Austin and San Francisco that seeks to invest in rapidly growing, bootstrapped software companies.

Mainsail Lodging & Development finds versatile technology partner in SONIFI Solutions

Retrieved on: 
Tuesday, April 5, 2022

LOS ANGELES, April 5, 2022 /PRNewswire/ -- When Mainsail Lodging & Development was looking for a technology partner for three of its new-build hotels opening within a few months of each other, they found the solutions, services and end-to-end support they needed from one provider: SONIFI Solutions .

Key Points: 
  • LOS ANGELES, April 5, 2022 /PRNewswire/ -- When Mainsail Lodging & Development was looking for a technology partner for three of its new-build hotels opening within a few months of each other, they found the solutions, services and end-to-end support they needed from one provider: SONIFI Solutions .
  • SONIFI, though, was able to easily meet the specific in-room entertainment needs of each hotel and its guests.
  • Mainsail Lodging & Development is an award-winning Tampa, Florida-based company specializing in hotel, furnished housing, and resort property management and development, marketing and sales.
  • Serving 5,000+ customers across hospitality, healthcare and commercial sectors worldwide, SONIFI simplifies complex technology projects at scale with unparalleled service and support.

Flight Schedule Pro Announces $31 Million Growth Equity Investment from Mainsail Partners

Retrieved on: 
Thursday, March 31, 2022

OVERLAND PARK, Kan., March 31, 2022 /PRNewswire-PRWeb/ -- Flight Schedule Pro, a leading provider of cloud-based business management software for flight schools, universities, flying clubs, and other aviation constituents announced today a $31 Million investment from Mainsail Partners, a growth equity firm that invests in fast-growing, bootstrapped software companies.

Key Points: 
  • OVERLAND PARK, Kan., March 31, 2022 /PRNewswire-PRWeb/ -- Flight Schedule Pro, a leading provider of cloud-based business management software for flight schools, universities, flying clubs, and other aviation constituents announced today a $31 Million investment from Mainsail Partners, a growth equity firm that invests in fast-growing, bootstrapped software companies.
  • Flight Schedule Pro plans to use the investment to accelerate its product roadmap, invest in its team, and expand its customer service capabilities.
  • In the years since, Flight Schedule Pro has grown into a full suite of business management and flight training solutions.
  • By leveraging Flight Schedule Pro, customers can reduce administrative complexities, increase aircraft and instructor utilization, and decrease unbilled flight time.

ServiceCore Announces $54M Investment from Mainsail Partners to Recapitalize the Company and Scale

Retrieved on: 
Tuesday, February 15, 2022

The capital will be used to buy out Full In Partners, the original investor in ServiceCore, and put money on the balance sheet to scale the company.

Key Points: 
  • The capital will be used to buy out Full In Partners, the original investor in ServiceCore, and put money on the balance sheet to scale the company.
  • The company plans to use the capital to accelerate ServiceCore's product roadmap, expand its customer success team, and continue to support its growing customer base.
  • Mainsail Partners' Jason Frankel and Vinay Kashyap will join the board of directors at ServiceCore.
  • Mainsail Partners is a growth equity firm with offices in San Francisco and Austin that invests in fast-growing, bootstrapped software companies.