Four-time honoree, Serent, has been recognized for its approach to partnering with founder-led companies
AUSTIN, Texas & SAN FRANCISCO, October 06, 2022–(BUSINESS WIRE)–Serent Capital, a growth-focused private equity firm that invests in founder-led enterprise software and tech-enabled services companies, announced today it has been recognized on Inc.’s Founder-Friendly Investors list for the fourth consecutive year. The list honors the private equity and venture capital firms with the best track record of success backing entrepreneurs.
"Fully investing in an entrepreneur, and their innovative vision, involves far more than the financial investment. By developing relationships with and supporting entrepreneurs for the long-term, these private equity firms are more than investors, they’re partners," says Scott Omelianuk, editor-in-chief of Inc. media.
From inception, Serent set out to build a distinctly different firm that prioritizes the founders and their companies. The firm strives to be a true business partner and surrounds its portfolio companies with the tools, people, and resources they need to achieve their vision.
Serent’s portfolio includes more than 40 founder-led, industry-changing B2B software and tech-enabled services companies who are scaling up by using Serent’s toolkit of growth resources.
"Serent is a values-driven based firm and one of our core values is partnership, which means putting the portfolio first," stated Kevin Frick, Partner at Serent Capital. He continued, "By investing in top-tier resources and people, like our Growth Team, we put our portfolio companies and their growth first every day."
To help founders scale their companies, Serent has built an in-house Growth Team that includes over a twenty former operators and management consultants. Serent’s in-house Growth Team are collaborative problem-solvers that understand founders’ unique challenges and how to tackle them. From strategic, operational support in areas such as sales & marketing strategy, payments integration, M&A, to executive talent recruiting, the firm is equipped with the resources needed to accelerate growth within companies.
"There is nothing more special than an entrepreneur that starts a company. When we invest in a company, we are careful to preserve everything that makes it special, like the customers and culture, while helping them scale successfully," said Prital Kadakia, Partner at Serent Capital. "The Growth Team brings a wealth of expertise and purpose-built resources to achieve that vision and create tremendous value for customers, employees, and the company."
Serent has nearly $5 billion dollars of assets under management and offices in Austin, Texas and San Francisco, California. In addition to being recognized as a founder-friendly firm, Serent has been recognized as a Top 25 Private Equity Firm and Top 50 Private Equity Innovator by Blu Wave this year.
Learn more about how Serent works with founders by visiting: https://serentcapital.com/founders/.
To compile the list, Inc. went straight to the source: entrepreneurs who have sold to private equity and venture capital firms. Founders filled out a questionnaire about their experiences partnering with private equity and venture capital firms and shared data on how their portfolio companies have grown during these partnerships.
To see the complete list, go to: https://www.inc.com/founder-friendly-investors/2022
Introduced in 2019, the Founder-Friendly Private Equity Firms list quickly established itself as one of Inc.’s most resourceful franchises. It has become a go-to guide for entrepreneurs who want to grow their companies while retaining an ownership stake.
The October 2022 issue of Inc. magazine is available online now at https://www.inc.com/magazine and will be on newsstands beginning October 4, 2022.
About Serent Capital
Serent Capital invests in growing businesses with compelling solutions that exceed customer needs. As businesses grow and evolve, the opportunities and challenges they face change with them. The principals at Serent Capital have firsthand experience navigating growth through their experiences as CEOs, strategic advisors, and board members to successful businesses. Serent leverages their expertise and capital to help growing businesses thrive. For more information on Serent Capital, visit www.serentcapital.com.
About Inc.
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
Inc.’s Founder-Friendly Private Equity Firms list is based on the criteria that the private equity firm has exited U.S.-based, founder led, portfolio companies. Serent paid a fee to accept and distribute the results of such award. Serent’s receipt of this award is in no way indicative of any individual client or investor’s experience with Serent or of the future performance of any investment.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221006005750/en/
Contacts
Kathleen Rochard
Kathleen.Rochard@SerentCapital.com
Levi Strauss, AMD and Tilray are among the top trending stocks in after hours trading on Thursday, October 6, 2022.
(Bloomberg) — Signs are piling up that the tech downturn may be deeper and longer-lasting than feared. Most Read from BloombergBiden Says Putin Threats Real, Could Spark Nuclear ‘Armageddon’Kremlin Lets State Media Tell Some Truths About Putin’s Stalling WarMusk's Twitter Takeover Hits Snag Over Debt-Financing IssueNord Stream Leaks Caused by Detonations in Sign of SabotageTrump Says US Agency Packed Top-Secret Documents. These Emails Suggest Otherwise.After years of record capital spending, ch
Electric vehicles (EVs) are going to disrupt the automotive world. But that does not guarantee that EV start-ups will be winning investments.
Investors are facing a storm of headwinds right now – a genuine bear market, stubbornly high inflation, rising interest rates, and increased fears of a recession in the near-term. However, Mary Callahan Erdoes, CEO of JPMorgan's Asset & Wealth Management division, advises investors to stay invested. "It's actually the easiest time in the world to find alpha — there is alpha everywhere… It's everywhere, because we are in such a state of change… While all the world is focused on all the black
In this article, we discuss 15 best short squeeze stocks to buy now. If you want to see more stocks like these, check out 5 Best Short Squeeze Stocks to Buy Now. In 2021, retail trading activity resulted in an unparalleled short squeeze that led major capital market players to lose billions of dollars. In […]
“If you buy at the (inflation) peak, you do pretty darn well over the next 12 months,” says investment strategist Jim Paulsen.
Two of the major cruise line operators on the scene, Carnival (NYSE: CCL)(NYSE: CUK) and Royal Caribbean (NYSE: RCL), had very different voyages on the stock market Thursday. Carnival didn't quite barrel into an iceberg, but investors nevertheless bailed, sinking its main class of shares by over 6%. On the other hand, Royal Caribbean enjoyed a pleasant sailing, gaining more than 1% on the day.
(Bloomberg) — Cathie Wood’s latest dip-buying binge appears to be largely focused on smaller stocks, cementing her firm’s already hefty shareholdings in such companies.Most Read from BloombergTrump Says US Agency Packed Top-Secret Documents. These Emails Suggest Otherwise.Secretive Chip Startup May Help Huawei Circumvent US SanctionsMusk Revives $44 Billion Twitter Bid, Aiming to Avoid TrialNord Stream Leaks Caused by Detonations in Sign of SabotageMass Shooting in Thailand Leaves 38 Dead, Most
Shares of Agenus (NASDAQ: AGEN), a clinical-stage biopharmaceutical company that specializes in immuno-oncology, saw its shares jump 18.4% on Thursday. First, the company on Wednesday said it planned to present data on botensilimab, a therapy that is being studied for its effectiveness as a combination drug or a monotherapy to active T-cell immune responses in patients who have pancreatic cancer, colorectal cancer, or melanoma, a type of skin cancer. Another move that helped push up the stock was the announcement of inside buying of Agenus stock by some members of the company's board of directors on Wednesday, including Susan Hirsch, Wadih Jordan, Ulf Wiinberg, and Timothy Wright, totaling more than 30,000 Agenus shares.
(Reuters) -Elon Musk bought himself some time on Thursday, after a judge accepted the billionaire's request to halt a Twitter lawsuit to allow him to close his proposed $44 billion buyout of the social media company by Oct. 28. Musk said earlier this week he would buy Twitter for $54.20 per share, the price that was agreed in April, but included a condition that the closing of the deal be contingent on debt financing for the transaction coming through. Musk has pledged to provide $46.5 billion in equity and debt financing for the acquisition, which covers the $44 billion price tag and closing costs.
It works out to $93K per person.
Treasury bills are short-term U.S. government securities with maturities ranging from a few days to 52 weeks. Bills are sold at a discount from their face value. A Treasury note is a U.S. government debt security with a fixed interest rate and maturity between two and 10 years. Alexander Morris, F/m Investment’s president, CIO and co-creator of the U.S. Benchmark Series, said that his organization believes that “the U.S. Benchmark Series will revolutionize the financial markets, making the most
Most stocks slumped heading into the close aside from the cannabis sector, which surged on news of President Biden pardoning all prior federal offenses for simple marijuana possession.
Oil prices have been all over the place this year. WTI, the primary U.S. oil price benchmark, started 2022 at around $75 a barrel before rocketing over $120 a barrel following Russia's invasion of Ukraine. The move could keep a floor under crude prices and potentially push them higher depending on demand and other supplies.
(Bloomberg) — Credit Suisse Group AG said it would buy back up to $3 billion of its own debt, in a move aimed at calming investor jitters ahead of the unveiling of a crucial strategy revamp. Most Read from BloombergBiden Says Putin Threats Real, Could Spark Nuclear ‘Armageddon’Kremlin Lets State Media Tell Some Truths About Putin’s Stalling WarMusk's Twitter Takeover Hits Snag Over Debt-Financing IssueNord Stream Leaks Caused by Detonations in Sign of SabotageTrump Says US Agency Packed Top-Sec
(Bloomberg) — Advanced Micro Devices Inc.’s preliminary third-quarter sales missed projections by more than $1 billion, adding to concerns about the sputtering market for personal-computer chips and sending its shares sliding in late trading.Most Read from BloombergBiden Says Putin Threats Real, Could Spark Nuclear ‘Armageddon’Kremlin Lets State Media Tell Some Truths About Putin’s Stalling WarMusk's Twitter Takeover Hits Snag Over Debt-Financing IssueNord Stream Leaks Caused by Detonations in
In a regulatory filing late on Thursday, CVS said the newly-released Star Ratings for Medicare Advantage plans in 2023 lowered the rating for the company's Aetna National PPO plan to 3.5 stars from 4.5. Medicare Advantage plans are run by private insurers and are an alternative to the original Medicare – a government program for older Americans. Star Ratings are a performance and quality score given by the U.S. Centers for Medicare & Medicaid Services, since 2007, based on its annual consumer surveys.
When choosing among stocks in the same sector, investors often compare fundamentals like price-to-earnings ratios (P/E) or earnings per share (EPS), balance sheets and other metrics. But it’s also important for investors to compare the relative strength of a stock versus its peers in that sector. In other words, investors also want to consider the stocks that are recently outperforming other similar stocks, because these are the stocks that institutions are buying and will usually continue to pe
Wokeness is turning off shoppers. Invest accordingly.
(Bloomberg) — Technology stocks are facing more pain after chipmaker Advanced Micro Devices Inc. revived fears about the upcoming earnings season after warning that third-quarter sales were softer than expected.Most Read from BloombergBiden Says Putin Threats Real, Could Spark Nuclear ‘Armageddon’Kremlin Lets State Media Tell Some Truths About Putin’s Stalling WarMusk's Twitter Takeover Hits Snag Over Debt-Financing IssueNord Stream Leaks Caused by Detonations in Sign of SabotageTrump Says US A
About Author
