$10 million – $60 million, larger with co-investment
Investment Criteria
Catalyst makes equity investments in companies in which our industry knowledge, network of relationships, operating experience and active board participation will add value. We focus on companies with the following characteristics:
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Investment Size
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Target Size
Typically <$150 million enterprise value
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Transaction Types
• Expansion capital
• Growth recap
• Acquisitions -
Key Attributes
• Significant market opportunity
• Proven business model and customer demand
• Persistent Growth and compelling unit economics -
Investment Structure
• Preferred stock
• Moderate use of financial leverage if appropriate -
Ownership
Control or influential minority position
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Board Seat(s)
Yes
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Geography
Primarily North America and Europe
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Target Holding Period
5+ years
Target Sectors
Since 1999, we have targeted investments within the venture capital ecosystem, continually seeking to expand our knowledge, experience, and network of experts to best serve our portfolio companies and their management teams. Through our proactive research program, we identify various sectors of the tech-enabled economy that we believe are poised to experience above-market growth. We take a flexible approach to selecting our sectors of interest, continually researching new sectors and refreshing analyses of existing coverage areas as industry dynamics change.
Internet
- Software-as-a-Service (SaaS)
- Hosting / Managed Services
- eCommerce
Wired / Wireless
- Service Providers
- Infrastructure
- Spectrum
- Machine-to-Machine (M2M)
Business / Consumer Services
- Digital Media and Ad Tech
- Healthcare IT & Services
- Marketing Services
- Ed Tech
- Food Tech
- Clean Tech
