Strattam Capital, a private equity firm focused on investing in founder-led B2B technology companies, announced the closing of its third flagship fund, Strattam Capital Investment Fund III (SCIF III), with total commitments of $308 million.
With strong support from new and existing, SCIF III builds on the firm’s previous fund with a 33% increase in capital commitments, bringing total AUM to over $1 billion.
Strattam maintained its strategy of investing in independent, founder-led technology companies with equity investments ranging from $20 million to $60 million. And the firm’s investment process is rooted in the belief that successful relationships between founders and private equity firms demand collaboration and transparency.
With its unique Five-Point Plan process, Strattam works with founders on the highest priority initiatives and establishes a detailed plan to support their execution before binding commitments are made.
Since its founding in 2014, Strattam completed transactions with more than 50 founder-led companies across 16 platforms.
Harken Capital served as the placement agent for Strattam. And Weil, Gotshal & Manges provided legal counsel.
KEY QUOTES:
“We are grateful to our capital partners for their unwavering support and confidence in Strattam. Our Five-Point Plan approach of aligning before signing resonates with founders when they choose to bring in a capital partner.”
– Bob Morse, Co-Founder and Managing Partner at Strattam Capital
“This new fund allows Strattam to continue partnering with founders who have built exceptional businesses.”
– Adrian Polak, Co-Founder and Partner at Strattam Capital