Case Studies
Dan and Chris have a long history of investing in and improving software companies.
Together, they have realized over $4.0 billion in completed transactions. Here are some of their case studies.
Highjump Software
Dan and Chris teamed to grow HighJump Software from $8 million to an $80 million dollar run rate and exited successfully to a public acquirer.
Amcom Software
Dan and Chris worked with investors to purchase Amcom Software and used organic growth and acquisitions to grow the business from $11 to $55 million in revenue before recapping it to private equity investors and then a public acquirer.
HelpSystems
Dan and Chris partnered with investors to grow HelpSystems from $100 to $230 million in revenue and recapping 4 times over a 6 year period. Total return of 13.7x. Accomplished this through accelerated organic growth and strategic acquisitions.
Axium Software
Partnered with existing owners and leadership team and grew the enterprise value 3.4x over a two year period. Accomplished this thru improved marketing, focused sales effort, product improvements and transitioning to SaaS.
Aztec Software
Worked with the existing owners and team to increase the value 4.5x over a two year period thru organic growth and two acquisitions. Additionally, drove improvements in UI, customer retention, financial reporting and forecasting.
HealthTrio
While early in the investment period, 2ndWave has partnered with leadership to help drive 30%+ annual software organic growth and completed one acquisition adding additional revenue growth of 31%.