Permanent Capital

Permanent Capital buys software-enabled businesses with at least three years of operating history and $2 million or more in annual revenue. The firm focuses on three specific scenarios: bootstrapped companies with $500,000 or more in profit, venture-backed companies stuck between funding rounds, and situations requiring cap-table cleanups where early employees or investors want liquidity.

The firm publicly commits to simple, easy-to-understand terms and explicitly promises not to use complex structures to wear sellers down on price. It states it will not drown sellers in due diligence or renegotiate terms at the last minute. Permanent Capital is willing to accommodate founders who want to stay on and operate the business post-close, as well as those seeking a full transition.

Permanent Capital describes its team as a group of operators and entrepreneurs who have built and sold their own businesses, but it does not publicly name any principals on its website. No leadership team, investment committee members, or individual track records are disclosed in available sources.

No. Permanent Capital does not publish its assets under management, fund sizes, or total capital deployed. The firm's public web presence is limited to a single-page site describing its acquisition criteria and philosophy, and it has not appeared in media profiles or regulatory filings that would disclose a specific AUM figure.

Permanent Capital sources deals directly from founders of software-enabled businesses through its website, rather than through intermediaries, investment banks, or third-party platforms. Its public-facing content is structured as a direct pitch to business owners considering a sale, emphasizing an understanding of the emotional and operational toll of building a company.