Elsewhere Partners

Elsewhere Partners pursues majority recapitalizations of lower-middle-market B2B software and services companies. It targets businesses with $3–15 million in annual recurring revenue that are bootstrapped or lightly capitalized. The firm provides transitional growth capital and embeds a group of Operating Advisors into each portfolio company to support go-to-market and operational scaling.

The firm concentrates on IT infrastructure, cybersecurity, business applications, and healthcare IT. This sector focus is stated explicitly in its investment criteria and reinforced by portfolio companies such as Portnox (cybersecurity), BurstIQ and Relatient (healthcare IT), Vyopta (business applications), and Itential (IT infrastructure).

Yes. The firm states that it considers companies headquartered in North America, Israel, and Europe. Its public portfolio has included companies based in multiple US states and it maintains a mandate that explicitly reaches into those international innovation markets.

The firm’s sourcing engine is built around its reputation for backing companies outside traditional venture hubs. It markets directly to bootstrapped founders and leverages its network of Operating Advisors — former CEOs and senior operators — who surface opportunities through their own industry relationships. The firm also publishes thought leadership through its Elsewhere Insights platform to attract founder-led deal flow.

Elsewhere Partners does not publicly name its founding partners in a readily available team page, but it has recently elevated Sloane Child and Nick Stoffregen to Partner roles. Investment decisions are made by the partnership, which includes these recently promoted investment professionals alongside the founding team, and are executed in close coordination with the firm’s Operating Advisors.

Elsewhere Partners has not disclosed parallel venture, credit, or real-asset vehicles. It operates a content platform called Elsewhere Insights and has built an Operating Advisor network that functions as an extension of the investment team, but its public filings and website describe a single private equity strategy focused on majority recapitalizations in B2B software.

Elsewhere Partners structures its deals as majority recapitalizations, typically taking a controlling stake. The firm has not publicly articulated a programmatic co-investment vehicle or a club-deal model for external limited partners. Its capital base is deployed directly for control positions, and the firm does not appear to syndicate minority co-investment slots alongside outside GPs.