Permanent Capital
We partner with exceptional software companies and build for the long haul
Who we are
We are private market investors and operators of vertical software companies. We prioritize profitable growth over a multi-decade time horizon by empowering the existing teams and cultures of the companies we invest in. We have over $5B in transaction experience as investors and have scaled software companies from less than $10M in ARR to over $1B as operators.
Our view of the world
Optimize for the long term.
Traditional investment firms (PE, Growth Equity, Venture Capital) are bound to short timelines and financial engineering. They need to invest money and return it as quickly as possible to raise their next round and increase their assets under management. We know because we have worked in these firms. ZPS Holdings take a different approach. We have permanent capital, meaning we intend to never sell. We will take a long term approach and continue investing in the business so we can win the market and expand into new ones. We will prioritize building the right products for the market and funding R&D and GTM to position the company for where the market is heading.
It’s critical that your partner are enterprise software experts.
We only invest in vertical software companies with $1-20m of ARR and we don’t deviate. Software isn’t just one strategy for us, it’s all we know and all we will ever invest in. We pull from our many experiences growing and winning markets but come with the understanding that every business and market has unique characteristics, we avoid overfitting from our experiences.
Your legacy is our reputation.
We ensure employees, customers, and partners are well taken care of after we invest. We do our work quickly and upfront, and our word is our bond. We keep things simple and straightforward, complex terms and structures do not serve us or you when we are building for the long term.
How we work
FOCUS
Vertical market software with $1M to $20M in ARR.
Bootstrapped or have taken minimal outside capital.
Founder owner.
PROCESS
Valuations in days and ability to close within weeks.
We communicate actively during diligence and we do not retrade once we have committed.
STRUCTURE
Majority recapitalizations and buyout.
Flexible with mix of primary and secondary capital to accommodate the situation.
We’d love to hear from you
We’re always interested in speaking with founders from different industries that create companies that change the world we live in.