Mainsail Partners
Encyclopedia
Mainsail Partners is a private equity firm focused on management buyouts, recapitalizations, and growth equity
investments in rapidly growing companies with the potential to be market leaders. Mainsail has extensive industry experience in technology-enabled services, software, for profit education, healthcare, franchising
, and financial services. Mainsail invests exclusively in profitable, growing and “bootstrapped” companies in the United States and Canada.
The firm is based in San Francisco, California and was founded in 2003 by Gavin Turner and C. Jason Payne. Both Managing Partners previously worked at Summit Partners, where Turner was a Vice President, responsible for West Coast media and communications technology investments, and Payne also served as an executive at one of Summit’s investments, American Dental Partners.
Mainsail Partners has over $150 million in capital under management, and is currently invested in seven companies after exiting one of its companies in 2008.
Investments
Mainsail's investments include:
Mainsail sold Cash Management Solutions in 2008.
Growth capital
Growth capital is a type of private equity investment, most often a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business.Companies...
investments in rapidly growing companies with the potential to be market leaders. Mainsail has extensive industry experience in technology-enabled services, software, for profit education, healthcare, franchising
Franchising
Franchising is the practice of using another firm's successful business model. The word 'franchise' is of anglo-French derivation - from franc- meaning free, and is used both as a noun and as a verb....
, and financial services. Mainsail invests exclusively in profitable, growing and “bootstrapped” companies in the United States and Canada.
The firm is based in San Francisco, California and was founded in 2003 by Gavin Turner and C. Jason Payne. Both Managing Partners previously worked at Summit Partners, where Turner was a Vice President, responsible for West Coast media and communications technology investments, and Payne also served as an executive at one of Summit’s investments, American Dental Partners.
Mainsail Partners has over $150 million in capital under management, and is currently invested in seven companies after exiting one of its companies in 2008.
Investments
Mainsail's investments include:
- MACOM
- PayLease
- Path Logic
- Novus BiologicalsNovus BiologicalsNovus Biologicals is a biotech company based in Littleton, Colorado, USA with international offices in Oakville, ON, Canada and the Cambridge Science Park in Cambridge, UK. The company develops, licenses and markets research materials to scientists in academic, corporate and government laboratories...
- Togo’sTogo'sTogo's Eateries, Inc., is a chain of fast casual sandwich restaurants owned by Mainsail Partners. Its headquarters are in San Jose, California....
- IP Solutions
- Fusion
- Professional HealthCare
- eSecuritel Holdings
- Cash Management Solutions
Mainsail sold Cash Management Solutions in 2008.