Milestone Partners Makes Majority Investment in Set Forth (FORTH)
November 4, 2025
Milestone Partners has made a majority equity investment in Set Forth, LLC ("FORTH"), the developer of the ForthCRM and ForthPay SaaS platform for specialty finance and consumer debt providers. The FORTH management team and co-founders will remain significant equity holders; a credit facility led by Western Alliance Bank (syndicate including Axos Bank, WSFS Bank and Sunflower Bank) supports the transaction and Milestone will help accelerate product development and market expansion.
- Buyers
- Milestone Partners
- Targets
- Set Forth, LLC (FORTH)
- Industry
- Cloud & SaaS
- Location
- Illinois, United States
- Transaction Type
- Buyout
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