Mainsail Partners, a growth equity firm that seeks to invest in rapidly growing, bootstrapped software companies, has raised $915 million in limited partner capital commitments for its sixth fund, the largest in the firm’s 19-year history.
The new fund, Mainsail Partners VI, 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.
Read more: Private Equity Wire
