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Bloom Equity
Bloom Equity operates from Dublin and New York, founded by Managing Partner Bart Macdonald after a career that spanned technology private equity,...
Bloom Equity
Bloom Equity operates from Dublin and New York, founded by Managing Partner Bart Macdonald after a career that spanned technology private equity, VC-backed startups, and hired-in executive roles. The firm exclusively targets lower-middle-market technology, software, and tech-enabled business service companies. Macdonald leads a team whose prior experience includes tenures at Blackstone, CVC Capital Partners, Accel-KKR, K1 Investment Management, and Diversis Capital. The firm seeks majority control, requiring operational authority to inject its in-house value-creation team, which includes senior operating partners, marketing directors, and talent specialists. Bloom's investment strategy is built on acquiring majority stakes in B2B software and tech-enabled services firms with at least $5M in annual recurring revenue. The firm mandates operational control and requires that targets are profitable or can reach positive EBITDA within twelve months. Its geographic footprint covers North America, Western Europe, and Australia/New Zealand. The portfolio approach combines growth capital with a proprietary operating playbook, aiming to accelerate organic revenue and execute buy-and-build acquisitions. Confirmed portfolio companies include a provider of physical identity and access management software for corporate campuses, a global governance risk and compliance services firm for SMEs, and a museum and archiving management software business for cultural institutions. Bloom’s team lists 15 professionals on its website, split across an investment team and an operations and value-creation group. The firm maintains dual headquarters in Dublin and New York. Senior Operating Partners Oded Noy and Ken Berryman, alongside a cadre of operating directors and advisors, deploy specific functional expertise in sales, marketing, talent, and product optimization. Advisor ranks include former TrueCar CTO Oded Noy, former Nitro CEO Sam Chandler, and former ServiceChannel CEO Tom Buiocchi—who led a $1.2B exit in 2021. The website shows no disclosed AUM or aggregate deployment figure. No recent fundraising, deal close, or promotion events from the last 24 months were verifiable through the firm's public materials. The structural differentiator for Bloom is its formalized operating group that sits alongside the deal team, not as an external consultant pool. This integrated model — combining deal execution with functional specialists in marketing, talent, and technology optimization — allows the firm to mandate operational control at investment and immediately embed its playbook. Such architecture matches the posture of a permanent-holdings builder in the lower middle market, rather than a financial-engineering shop relying on leverage and multiple arbitrage.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
Ireland
City
Dublin
Corporate office
Dublin, Ireland
Additional offices
575 5th Ave, Suite 2102, New York, NY 10017
Principals
Bart Macdonald
Managing Partner
Jeff Hsiang
Partner
Abe Borden
Principal
Sector focus
Frequently asked questions
Who runs investment decisions at Bloom Equity?
Managing Partner and founder Bart Macdonald oversees investment strategy, value creation, governance, and investor relations. Partner Jeff Hsiang, a former Blackstone and Lazard professional, sits on the investment committee and provides oversight on all investment activities. Principal Abe Borden, formerly of Diversis Capital and K1 Investment Management, supports investment decisions alongside associates Andrew Olson and Richard Jiang, whose prior firms include Access Holdings, CVC Capital Partners, and Accel-KKR.
Does Bloom Equity operate as a traditional private equity fund or use a different structure?
The firm's website does not disclose its fund structure, LP base, or vehicle type. It describes itself as a private investment firm, which could represent a committed fund, pledge-fund, or deal-by-deal capital model. No SEC filings or fund formation announcements were referenced in public materials. This opacity distinguishes it from GPs that market blind-pool vehicles to institutional LPs.
What is Bloom Equity's geographic focus?
Bloom targets companies headquartered in North America, Western Europe, or Australia/New Zealand. Its dual headquarters in Dublin and New York provide a transatlantic base for sourcing and operational support. The firm's team page lists professionals with deal experience on both continents, including at European firms CVC Capital Partners and ECP.
What investment stages and transaction types does Bloom target?
Bloom targets majority investments (>51%) requiring operational control. Transaction types include growth investments, management-led buyouts, take-privates, carve-outs, and recapitalizations. The firm focuses on companies with $5 million to $50 million+ in annual recurring revenue and mandates that targets are either EBITDA-positive or profitable within 12 months. The 0–100%+ annual revenue growth criterion signals that Bloom will acquire both steady-state and hypergrowth assets.
How does Bloom Equity create value in portfolio companies?
Bloom assigns an internal operations and value-creation team—not external consultants—to each portfolio company. Senior Operating Partners lead pre- and post-investment initiatives, including M&A rollup strategies, go-to-market transformations, marketing technology overhauls, and talent infrastructure builds. For example, Operating Director of Marketing Chris Mindnich previously led a comprehensive marketing transformation at SurePoint Technologies. Operating Director of Talent Andrea Hutchinson builds scalable recruiting functions aligned with revenue growth targets.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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