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The oversubscribed fund is the fifth fund for the Firm and will invest in growing, bootstrapped B2B software companies
Serent Capitala growth-focused private equity firm that invests in founder-led B2B software companies, announced the closing of its fifth and largest fund to date, Serent Capital Fund V, at $1.1 billion.
Serent Capital Fund V was oversubscribed and closed in less than 100 days. With the closing of Fund V, Serent is now managing nearly $5 billion in assets across its funds.
“We are humbled and honored by the support from our existing investors and to welcome a select group of new investors,” stated Kevin FrickPartner at Serent Capital. He continued, “The enthusiastic support is a testament to the strategy we’ve designed, the values-driven firm we continue to build, and the hard work of the founders and CEOs with whom we partner.”
The fund’s strategy will remain unchanged from previous funds. Serent will continue to focus on founder-led, bootstrapped B2B software companies where Serent’s sector expertise and resources can drive …
Full story available on Benzinga.com
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