Oakline Holdings, a Toronto-based company specializing in the acquisition and management of software businesses, and AVALT, a Boston-based private equity firm, are pleased to announce their collaboration in building a new vertical market software platform.
The core pillars of Oakline’s investing philosophy are simple. First, that founders and managers of high-performing companies have earned the right to share in the upside that affiliation with a platform creates. Second, that great software businesses and their customers are best served by a long-term strategic capital partner who can work alongside them to drive sustainable growth and value creation over decade-plus time scales.
Oakline is led by Joe Mingail, a seasoned founder and investor with over a decade of experience backing and building vertical market software companies. “We are thrilled to partner with AVALT. Their aligned approach to private equity and values-oriented culture are a perfect fit with Oakline. We are excited to build a truly differentiated and enduring platform with the AVALT team.”
“We are delighted to be working with Joe and Oakline,” said Alec MacDonell, a Principal at AVALT. “Joe’s track record as a leader, manager, and investor speaks for itself. In light of that success, his humility and integrity are all the more impressive. As an evergreen fund, we have the ability to invest over time horizons much longer than our typical private equity peers. We look forward to many years alongside Oakline as together we partner with the best-performing vertical market software businesses in the world.”
About Oakline Holdings
Oakline invests in high-quality vertical market software businesses in partnership with management teams so they can not only think and act like an owner but also continue to be one. We build upon legacy in an aligned structure that preserves independence while also leveraging the value of affiliation over the long term. Oakline merges the sustainable growth orientation of permanent capital with the partnership approach of private equity. For additional information, visit www.oaklineholdings.com
About AVALT
AVALT is a private equity focused family office that invests only its own principals' capital in high-quality companies that have significant long-term potential. Typical platform investments are backed with $75-150M of equity capital. AVALT builds truly collaborative partnerships with management teams in order to lend their decades of private equity and industry experience to driving growth and change in their businesses. AVALT’s permanent and flexible capital then supports those companies as they achieve their full potential, without regard to any fund structure or fixed time horizon. For additional information, visit www.avalt.com.
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Contacts
Wyatt SaintClair
wyatt.saintclair@avalt.com
