L Squared Capital Partners Makes Growth Investment in Foundant Technologies

L Squared Capital Partners Makes Growth Investment in Ergo

November 4, 2025

Consulting

L Squared Capital Partners has made a significant growth investment in Ergo, a New York–headquartered geopolitical and strategic intelligence firm. The capital will support Ergo's organic growth, expand its go-to-market initiatives (including the Flashpoints Forum membership), and enable strategic acquisitions while Ergo's management retains a significant ownership stake.

L Squared Capital Partners Facilitates Merger of Foundant Technologies and SmartSimple Software

August 13, 2024

Cloud & SaaS

L Squared Capital Partners announced the strategic merger of Foundant Technologies and SmartSimple Software to combine their cloud-based grantmaking and philanthropic solutions. The transaction is intended to accelerate product innovation, expand capabilities across philanthropic, nonprofit, healthcare, and public-sector markets, and deliver greater value to existing clients.

Mainsail Partners Invests in Teamfront

February 7, 2024

Cloud & SaaS

Mainsail Partners has made a growth investment in Teamfront, an Austin-based provider of vertical business management software, payments solutions, and marketing services. The capital will support Teamfront's expansion initiatives — including organic growth and strategic acquisitions — as the company serves over 3,000 customers and processes roughly $2.2 billion in invoicing volume.

Gallant Capital Partners Makes Growth Investment in Lightning Step Technologies

November 17, 2022

Cloud & SaaS

Gallant Capital Partners completed a strategic growth investment in Lightning Step Technologies, a Charlotte-based provider of all-in-one enterprise software for the behavioral health industry. The capital will be used to expand Lightning Step's team, accelerate its product roadmap, and support strategic acquisitions while existing management (including CEO Kirk Monroe and Chairman Jamison Monroe) remain material owners.

L Squared Recapitalizes Lumaverse Technologies

September 7, 2021

Cloud & SaaS

L Squared Capital Partners is leading a recapitalization of Lumaverse Technologies, partnering with existing investor PSG to support the company's next phase of growth. The transaction will provide capital to accelerate Lumaverse’s organic product development and pursue inorganic growth through add-on acquisitions across its suite of constituent management and engagement SaaS products.

Serent Capital Invests in ParentSquare

August 3, 2021

Education

Serent Capital has made a growth investment in ParentSquare, a Goleta-based provider of a unified K-12 school-to-home communication platform. The investment will be used to accelerate product development, expand into new geographic markets, and support customer acquisition and potential strategic partnerships or acquisitions.