# Finrock Growth Partners

Investor in Austin, Texas

## About Finrock Growth Partners

Finrock Growth Partners was formed by a group of entrepreneurs to invest in and actively manage a promising private company. Finrock is focused on creating long-term value and provides access to both capital and experienced operators.

We plan to invest in one company at a time and focus all of our attention on growing it rather than building a diverse portfolio. We work closely with the existing management while offering an attractive exit option for owner/operators seeking to transition out of the day-to-day management of their business.

Investment Criteria

Finrock is actively investing in the software and recurring services sectors. We are particularly interested in businesses that meet the following investment criteria:

INDUSTRY SECTOR ▪ Growing market for products and services (\>10% annual revenue growth in the last 3 years) ▪ Providing software or services to businesses or the government (Business to Business) ▪ Focused on an industry or a niche functional area

COMPANY PROFILE ▪ 3 + years of profitable operations ▪ Differentiated product/service offering ▪ Dominant market position in a specific niche

GEOGRAPHY ▪ Businesses headquartered in the US or Canada

FINANCIALS ▪ Revenue: $5 to 50MM ▪ EBITDA: $1 to 10 MM ▪ 75% or more recurring revenue from the same cohort of customers year over year ▪ High gross margins (\> 70% for software and \> 35% for service businesses) ▪ Growing \> 10% year-over-year for the last 3 years

OWNER OBJECTIVES ▪ Transition from running the day-to-day operations and/or retire ▪ Majority sale of the business to achieve liquidity

## People

- **Girish Pashilkar**, Managing Partner

## Key Facts

- **Location:** Austin, Texas
- **Investor Type:** Private Equity
- **Founded:** 2010

## Investment Industries

- Business Services/Legal
- Technology/Web/App

## How to Contact

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