• Technology Sector

    Special Situations

  • What We Do

    T Capital Partners is an independent sponsor investing in Technology sector special situations

    Approach

    We look for control positions where we can serve as active Board members or smaller "passive" positions in secondary transactions, but in all cases work as a partner with management and shareholders.

    Sector Focus

    We focus on higher margin software and technology enabled services companies. Specific sectors of interest include:
    Analytics and Data Aggregation;
    eCommerce Enablement; Marketing Automation; Marketplaces; Productivity Applications; and SaaS solutions.

    Network

    The firm leverages its network to find appropriate operators and investors with specific sector expertise to serve as additional Board members and be helpful around partnerships and business development opportunities.

  • Who We Are

    Thayer Swartwood

    Managing Member

    Thayer established T Capital Partners after 12-plus years as an investor at Deutsche Bank and ABS Ventures and currently or has served as a Board member or observer at Certona, Gomez and Overtone. Additional experience includes operating roles as an interim-CEO, co-Founder and start-up CFO and corporate development roles.

  • Experience

    The following companies represent a sample of current and historical investment experience.

    EverQuote

    Cambridge, MA

    Leading online insurance marketplace
    in the United States
    (NASDAQ: EVER)

    Certona

    San Diego, CA

    Leading real-time omnichannel personalization solution

    (acquired by Kibo, a Vista Equity portfolio company)

    Gomez

    Lexington, MA

    Application performance management

    (acquired by Compuware)

    Overtone

    San Diego and San Francisco, CA

    Social media and customer listening platforms (acquired by KANA)

  • Investment Criteria

    Secondary Transactions

    Focused on direct and portfolio opportunities
     

    Secondary Direct: ​Full or partial liquidity for institutional or individual shareholders, including founders, management or early employees in companies with more than $20M of revenue or possibly less if SaaS/recurring revenue.

     

    Portfolios or Partial Portfolios: Full or partial liquidity across two or more companies from one investor. Typically a company or two in the portfolio is more mature.

     

    We are not interested in LP positions.

    Special Situations

    Including spin-outs, divestures, management buyouts and owner led businesses solving for liquidity and growth

    We are interested in these types of transactions with companies or subsidiaries that generate more than $10M of revenue and are currently EBITDA profitable, close to it or have been in the past. We will consider situations with less revenue if​ a company has a SaaS/recurring revenue model or is highly profitable.

     

    We bring expertise and perspective to a segment of the market that is overlooked by many other investors and can be a great partner to build value for all shareholders over time.

  • Connect With Us