Asset Manager

Updated:

Fourth Enterprises

Fourth serves 100,000 restaurant/hospitality sites with AI-powered workforce and inventory software. Backed by Marlin Equity Partners. CEO Scott Collison.

Fourth Enterprises

Restaurant and hospitality-specific technology, services, and analytics to manage your workforce and inventory.

Website
fourth.com

General information

Firm type

Asset Manager

Year founded

1999

Location

Region

North America

Country

United States

City

Austin

Corporate office

Austin, TX, United States

Additional offices

Tampa, FL · Denver, CO · London, UK · Macclesfield, UK · Sofia, Bulgaria · Dubai, UAE · Shanghai, China

Principals

Scott Collison

Chief Executive Officer

Jay Altizer

Chief Operations Officer

Christian Berthelsen

Chief Technology Officer

John Whitmarsh

Chief Financial Officer

Curt Richtermeyer

Chief Revenue Officer

Nipul Chokshi

Chief Marketing Officer

Sector focus

Enterprise SoftwareAI/ML

Frequently asked questions

Who runs investment decisions at Fourth?

Investment decisions are shaped by the executive team led by CEO Scott Collison, but overall strategic backing comes from Marlin Equity Partners, which owns a significant stake. The board includes Marlin representatives.

How does Fourth source proprietary deal flow?

Fourth is an operating company, not a fund. It sells software to restaurant and hospitality chains. The 'deal flow' is customer acquisition, achieved through direct sales and channel partners, not private-market investments.

Is Fourth structured as a single family office or does it operate more like a venture firm?

Neither. Fourth is a private software company majority-owned by Marlin Equity Partners, a private equity firm. Marlin itself is not a family office — it is an institutional asset manager with over $8.5 billion in capital.

Does Fourth participate in fund commitments or only direct deals?

Fourth does not make fund commitments. It is an operating entity delivering workforce and inventory management technology to hospitality operators.

What investment stages does Fourth typically target?

Fourth does not invest. It sells a subscription-based SaaS platform and does not make equity investments in portfolio companies.

How is Fourth related to Marlin Equity Partners?

Marlin Equity Partners is the majority owner of Fourth, having backed the company as a platform investment. Marlin does not operate Fourth day-to-day, but holds board seats and allocates capital for acquisitions and growth (per firm website).

Where does the underlying wealth come from?

Fourth does not manage wealth; it is a software company serving restaurant and hospitality operators. The ownership structure is not linked to a single family fortune.

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