Technology Portfolio
For decades, we've built sector-leading companies across the Technology and Software industries.
Absorb
Absorb is a leading provider of cloud-based learning management system (LMS) software that facilitates online learning and training for organizations around the world. Absorb’s LMS allows organizations to create, manage and deploy educational courses and assessments in an intuitive, scalable SaaS platform. The company serves all industries and several use cases, including internal (e.g., employees, members) and external (e.g., partners, customers, contractors) training. Today, Absorb is trusted to fuel the learning needs for over 28 million users across 1,700 clients in 34 countries.
See Site:Absorb
Alert Logic
Alert Logic is a leading provider of managed detection and response (MDR) solutions, offering comprehensive security services that help organizations detect and respond to cyber threats. The company’s cloud-native platform delivers real-time threat intelligence, advanced analytics and 24/7 monitoring, providing clients with the insights and support they need to protect their critical assets.
Alliance Data
Alliance Data is a leading provider of data-driven marketing and loyalty solutions, helping companies build stronger customer relationships and drive business growth. The company’s offerings include loyalty programs, marketing services and payment solutions that leverage advanced data analytics to deliver personalized experiences and maximize customer engagement.
Asurion
Asurion provides insurance, repair, replacement, installation and 24/7 tech support for cell phones, tablets, laptops and other consumer electronics and appliances. The Company helps its over 300 million subscribers get the most out of their increasingly complex portfolio of consumer electronics and also offers financial protection for lost/stolen/broken devices. With 700+ storefront locations and 85% of the U.S. covered via same-day expert service in-home, Asurion is making convenient and affordable repairs available. Many of the biggest brands in the world, including Verizon, AT&T and Samsung, trust Asurion to serve their customers on a white-label basis.
See Site:Asurion
Avetta
Avetta is a leading horizontal, SaaS-based supply chain risk management and ESG platform that allows clients to comprehensively manage, monitor and mitigate critical risks within their supply chain. Avetta provides a two-sided network that serves 500+ clients, 125,000+ suppliers and 1.5 million+ workers across 120+ countries.
See Site:Avetta
Bisys
Bisys is a premier provider of outsourced solutions for the financial services industry, specializing in banking, investment services and insurance. The company delivers comprehensive administrative, distribution and technology services that help clients streamline operations, reduce costs and enhance their competitive position.
Ceridian
Ceridian is a global leader in human capital management (HCM) technology, providing innovative solutions that help organizations manage the entire employee lifecycle. The company’s flagship product, Dayforce, is a comprehensive cloud-based platform that integrates payroll, benefits, workforce management and talent management into a single application.
Clearwater Analytics
Clearwater provides an industry-leading SaaS investment accounting, reporting, and analytics solution. The company serves over 1,100 insurers, asset managers, corporations and asset owners that trust Clearwater to deliver timely, validated investment data and analytics on more than $5.9 trillion of investments.
See Site:Clearwater Analytics
Fiserv
Fiserv is a global leader in financial technology solutions, providing integrated technology and services to financial institutions, businesses and consumers. The company offers a wide range of products, including payment processing, account processing and digital banking solutions, which enable clients to deliver superior customer experiences and achieve operational excellence.
See Site:Fiserv
GlobalCollect
GlobalCollect is a premier provider of international payment solutions, offering a comprehensive suite of services that enable businesses to accept payments from customers worldwide. The company’s platform supports a wide range of payment methods, including credit and debit cards, bank transfers and alternative payment options, ensuring seamless and secure transactions.
GovCIO
GovCIO is a rapidly growing provider of advanced technology solutions and digital services to the federal government. GovCIO employs over 3,000 professionals and is a leading prime contractor supporting the mission of the Department of Defense, the Department of Veterans Affairs and other federal agencies.
See Site:GovCIO
Headstrong
Headstrong is a leading global consultancy specializing in IT services and business process outsourcing, providing clients with innovative solutions that drive digital transformation and operational efficiency. The company’s expertise spans a wide range of areas, including application development, data analytics and IT infrastructure management.
Identifix
Identifix is a leading provider of precision manufacturing and engineering solutions, specializing in the design and production of high-quality components for a variety of industries. The company’s advanced capabilities in CNC machining, injection molding and additive manufacturing enable it to deliver complex parts with unparalleled accuracy and consistency.
ImageTrend
ImageTrend is a leading provider of SaaS-based electronic patient care reporting (ePCR) and record management system (RMS) solutions for EMS and fire departments across the United States.
ImageTrend serves a mission-critical need for its customers by enabling first responders to digitally document incidents and ensure that mandatory patient care data is reported quickly and accurately. The company’s incident data is used by hospitals and state and local governments to improve care within their communities.
See Site:ImageTrend
LINQ
LINQ is the premier software platform serving the back-office and operations workflow of K–12 school districts and state agencies, offering a comprehensive suite of solutions for enterprise resource planning, cafeteria/nutrition management, grant management, human resources management, payments, student registration and parent communication.
See Site:LINQ
Owl Practice Suite
Owl Practice Suite is an innovative platform of integrated SaaS software, payments and tech-enabled solutions for the behavioral healthcare market.
Owl’s full suite of products includes core practice management software (PMS), patient engagement tools, revenue cycle management (RCM) capabilities and back-office functionality. These offerings help a wide range of therapy and behavioral health providers, from solo practitioners to university health systems, to find new patients and manage their practices before, during and after treatment, including handling billing and collections. The company serves a large and rapidly growing end market that still commonly relies on manual paper- and Excel-based processes.
See Site:Owl Practice Suite
Quickbase
Quickbase is a leading cloud-based, no-code application development platform that empowers business users to rapidly develop, customize and deploy new business applications without the need to create or edit software code. Over 6,000 customers rely on Quickbase to quickly and efficiently build customized applications to manage bespoke projects with end-to-end visibility.
See Site:Quickbase
Revel Systems
Revel Systems (Revel) provides industry-leading, tablet-based point-of-sale (POS) and payment solutions primarily to multi-establishment, quick-service restaurant clients in the U.S. and internationally. Revel serves ~7,000 clients operating ~19,000 establishments, with its largest customer bases utilizing its solutions in more than 1,000 establishments across multiple geographies.
See Site:Revel Systems
Simeio
Simeio is a leading provider of identity and access management (IAM) solutions, offering comprehensive services that help organizations manage and secure user identities. The company’s suite of IAM solutions includes identity governance, access management and privileged access management, providing clients with the tools they need to ensure secure and compliant access to critical systems and data.
TransFirst
TransFirst is a leading provider of payment processing services, offering a comprehensive suite of solutions for merchants, financial institutions and independent sales organizations. The company specializes in credit and debit card processing, ACH transactions and payment gateway services, enabling clients to accept payments securely and efficiently.
Triple Point Technology
Triple Point Technology is a leading provider of commodity management software, delivering comprehensive solutions for trading, risk management and logistics. The company’s products help clients manage the complexities of commodity trading and optimize their supply chains, providing end-to-end visibility and control over their operations.
TrueCommerce
TrueCommerce is a multi-enterprise network platform that provides digital connectivity and business system integration between buyers/sellers and their trading partners as well as an assortment of value-added supply chain software applications. The company serves over 18,000 customers globally, primarily mid-sized enterprises, across several industry verticals.
See Site:TrueCommerce
Past Investments and Exits
The above investments represent a selection of current and past portfolio companies within the WCAS Technology portfolio. For a full list of transactions executed by WCAS Partnerships, please view our historical investments.
Technology News & Perspectives
EquiLend Announces Appointment of New Chief Executive Officer
New York, October 23, 2024 – EquiLend, the global leader in technology, data, and analytics solutions for the securities finance industry,
WCAS Completes Acquisition of EquiLend
Private equity backing to accelerate growth initiatives for EquiLend New York, September 5, 2024 – EquiLend, the global technology, data and
ImageTrend Announces Strategic Growth Investment from Welsh, Carson, Anderson & Stowe
LAKEVILLE, MINN., February 9, 2023 - ImageTrend, Inc., a growing, market-leading software solutions and services provider in the public safety and
Intoxalock | Inside the Deal – Achieving Rapid Customer Growth
Inside The Deal is a series from the WCAS Investor team providing insight into our recent investments. November 10, 2022
Green Street | Inside The Deal – Transforming a Vertical Market Leading Data & Analytics Business
Inside The Deal is a series from the WCAS Investor team providing insight into our investments New York, New York, August
Ray Greer Joins Welsh, Carson, Anderson & Stowe as Technology Operating Partner
New York, NY, March 21, 2022 – Welsh, Carson, Anderson & Stowe (WCAS), a leading private equity firm focused exclusively