WayPoint Capital Partners and GearBox Capital Lead Recapitalization of Greenshades Software
October 4, 2022
WayPoint Capital Partners and GearBox Capital led an investor group that recapitalized Greenshades Software, with SFW Capital Partners retaining a minority stake. Greenshades, headquartered in Jacksonville, Florida, provides payroll, payroll tax, and HCM software for mid-market employers and will pursue continued product and go-to-market growth under the new ownership group. Terms were not disclosed.
- Buyers
- WayPoint Capital Partners, GearBox Capital
- Targets
- Greenshades Software
- Sellers
- SFW Capital Partners
- Industry
- Cloud & SaaS
- Location
- Florida, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
SFW Capital Partners Makes Strategic Investment in Greenshades Software
March 7, 2019
Software
SFW Capital Partners has made a strategic investment in Greenshades Software in partnership with Greenshades' co-founders, David Rosas and Matt Kane. Greenshades, a Jacksonville-based provider of payroll tax and HCM software serving more than 4,000 mid-market customers, will use the investment to expand its product portfolio, enhance sales and marketing, enter new markets, and accelerate growth.
-
Evergreen Coast Capital Makes Strategic Growth Investment in WorkForce Software
July 1, 2019
Cloud & SaaS
WorkForce Software, a Livonia, Michigan-based provider of cloud workforce management solutions, received a significant equity investment from affiliates of Evergreen Coast Capital, which will become an equal partner with existing majority investor Insight Partners. The growth investment is intended to accelerate international expansion, product innovation, and scale the company’s customer experience; terms were not disclosed.
-
Great Hill Partners Leads Recapitalization of Vision Government Solutions
May 5, 2025
Government & Public Sector
Great Hill Partners has completed a majority recapitalization of Vision Government Solutions, with participation from Weatherford Capital and Vision’s leadership team; Rubicon Technology Partners exited its stake. The investment will support Vision’s growth, accelerate product innovation, and enhance customer experience for its appraisal, CAMA, and GIS solutions serving U.S. municipalities.
-
Shoreline Equity Partners Recapitalizes Mr. Greens (Florida Veg Investments)
January 9, 2020
Food & Beverage
Shoreline Equity Partners partnered with Mr. Greens management to complete a recapitalization of Florida Veg Investments, LLC (doing business as Mr. Greens). The transaction includes co-investment from Nuveen, investors affiliated with The Hillman Company, NXT Capital, and Mr. Greens management, and will support organic growth and pursue add-on acquisitions while management retains a significant ownership stake.
-
Ridgemont Equity Partners Recapitalizes smartShift
September 6, 2023
IT Services
Ridgemont Equity Partners completed a recapitalization of smartShift, a tech-enabled provider of SAP application migration and modernization solutions. The smartShift leadership team remains in place and invested; the deal provides capital and strategic resources to accelerate product innovation, expand the recurring solution offering, and grow global sales and marketing.
-
Bain Capital Ventures and Insight Venture Partners Recapitalize SolarWinds.net
September 1, 2023
Software
Bain Capital Ventures and Insight Venture Partners completed a recapitalization of SolarWinds.net, a privately held network management and systems software developer headquartered in Tulsa, Oklahoma. The equity transaction gave Bain and Insight a majority stake while preserving management and granting equity to key personnel to support continued growth and product expansion.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.