Private Equity Firm Financial Services

ICONIQ Capital

San Francisco, California, United States

ICONIQ Capital is a global investment firm that provides growth equity and strategic capital to technology and growth companies (and invests across technology-driven opportunities).

Focus Areas
Asset Management, Investment Management

Tracked deals

6

6 tracked deals across 2019-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Growth capital

5 growth capital · 1 recapitalization

ICONIQ Capital Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for ICONIQ Capital. 1 2019 2 2020 2 2021 1 2024

Supporting Data

Recent Transactions

  • Consortium Including Pittco, Arch Capital, BTG Pactual Acquires 10% Stake in Pershing Square for $1.045B
    June 13, 2024
    Buyer
    Pittco Management, LLC, Arch Capital Group Ltd., BTG Pactual, Consulta Limited, ICONIQ Investment Management, Menora Mivtachim Holdings, Other investors (consortium)
    Target
    Pershing Square Holdco, L.P. (Pershing Square)
    Seller
    Pershing Square Capital Management, L.P. (PSCM)
    Industry
    Financial Services
    Location
    New York, United States
    Type
    Growth capital

    A consortium of strategic investors led by Pittco Management, Arch Capital Group, BTG Pactual, Consulta Limited, ICONIQ Investment Management, and Menora Mivtachim purchased a 10% common equity interest in Pershing Square Holdco, L.P. from Pershing Square Capital Management for $1.045 billion. The transaction is a minority primary equity sale that brings long-term institutional and strategic investors into the previously employee-owned investment firm.

  • Warburg Pincus Leads $130M Growth Investment in Conexiom
    September 28, 2021
    Buyer
    Warburg Pincus, Luminate Capital, ICONIQ Growth
    Target
    Conexiom
    Industry
    Cloud & SaaS
    Location
    British Columbia, Canada
    Type
    Growth capital

    Conexiom, a Vancouver-based SaaS provider of order-to-cash and procure-to-pay automation, received a $130 million growth investment led by Warburg Pincus. Existing investors Luminate Capital (which retains a majority stake) and ICONIQ Growth remain investors; the funding will be used to accelerate product investment and expand Conexiom’s platform for manufacturers and distributors.

  • ReCharge Raises $277M Growth Round from Summit Partners, ICONIQ Growth and Bain Capital Ventures
    May 6, 2021
    Buyer
    Summit Partners, ICONIQ Growth, Bain Capital Ventures
    Target
    ReCharge
    Industry
    Cloud & SaaS
    Location
    California, United States
    Type
    Growth capital

    ReCharge, a Santa Monica-based subscription management platform for e-commerce, raised $277 million in growth capital from Summit Partners, ICONIQ Growth and Bain Capital Ventures. The funding will be used to accelerate hiring, product development and market expansion as ReCharge scales its subscription billing and retention products for thousands of merchants.

  • ICONIQ Capital Invests $40M Growth Round in Conexiom
    July 28, 2020
    Buyer
    ICONIQ Capital, Luminate Capital Partners
    Target
    Conexiom
    Industry
    Cloud & SaaS
    Location
    British Columbia, Canada
    Type
    Growth capital

    Conexiom, a Vancouver-based SaaS provider of sales order and invoice automation, received a $40 million strategic growth investment from ICONIQ Capital, with existing investor Luminate Capital retaining a majority stake. The funding will be used to accelerate platform development, increase investment in machine learning and AI, extend the product beyond order and invoice automation, and expand Conexiom's global footprint.

  • ICONIQ Capital Makes Growth Investment in QGenda; Francisco Partners Retains Majority
    June 10, 2020
    Buyer
    ICONIQ Capital, Francisco Partners
    Target
    QGenda
    Industry
    Cloud & SaaS
    Location
    Georgia, United States
    Type
    Growth capital

    QGenda, a Atlanta-based provider of SaaS workforce management software for healthcare, received a strategic growth equity investment from ICONIQ Capital while Francisco Partners will retain a majority stake. Terms were not disclosed; the capital is intended to support QGenda’s continued product innovation and growth across healthcare provider markets.

  • ICONIQ Capital Makes Majority Investment in Truckstop.com
    April 3, 2019
    Buyer
    ICONIQ Capital
    Target
    Truckstop.com
    Seller
    Bregal Sagemount
    Industry
    Transportation
    Location
    Idaho, United States
    Type
    Recapitalization

    ICONIQ Capital has made a majority investment in Truckstop.com, becoming the company’s majority shareholder while founder Scott Moscrip and the existing management team retain significant ownership. The investment will be used to deepen Truckstop.com's product portfolio, accelerate strategic initiatives and market penetration, and support organic growth and acquisitions; DC Advisory advised Truckstop.com and Goodwin Procter advised ICONIQ.

Related Acquisition Pages

Cloud & SaaS Buyers & Acquisitions 4 tracked deals by ICONIQ Capital. Financial Services Buyers & Acquisitions 1 tracked deal by ICONIQ Capital. Transportation Buyers & Acquisitions 1 tracked deal by ICONIQ Capital. Acquisitions in California 1 tracked deal by ICONIQ Capital. Acquisitions in Georgia 1 tracked deal by ICONIQ Capital. Acquisitions in Idaho 1 tracked deal by ICONIQ Capital. Acquisitions in New York 1 tracked deal by ICONIQ Capital.

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