Turn/River Capital

We’re proud to announce that Turn/River has entered into a definitive agreement to acquire SolarWinds, a leading global provider of IT management software. For more than 25 years, SolarWinds has supported businesses of every size and type, delivering simple, powerful and secure solutions. “We look forward to bringing Turn/River's operational insights and execution excellence to the SolarWinds platform, enhancing our premier observability, monitoring and service desk solutions,” said Sudhakar Ramakrishna, President and CEO of SolarWinds. “SolarWinds’ deep commitment to understanding customer needs has led to decades of innovation and impact,” said Dominic Ang, Founder and Managing Partner of Turn/River Capital. “We are thrilled to pair our expertise with theirs, bringing our exemplary operations team and relentless focus on customer success to this partnership. We look forward to catalyzing SolarWinds’ growth in this next chapter.” Learn more at: https://lnkd.in/gutzDKXt

We’re proud to share that Turn/River has been named a GrowthCap 2024 Top Growth Equity Firm! Turn/River was founded on the core principle that software investing is best done with a team of equal parts operators and investors, who together unlock growth and build enduring value for our companies. Over the past year we’ve expanded and deepened our growth engineering strategy, which has allowed us to drive greater capital efficient revenue acceleration in our portfolio, invest in new opportunities and deliver strong outcomes. Thank you to the exceptional founders, management teams and investors who have been critical to our success, and to GrowthCap for the recognition! More information about the GrowthCap Top Growth Equity Firms award is available at https://lnkd.in/gdyN-6n5 The “GrowthCap Top Growth Equity Firms” award is a program designed by GrowthCap. Several hundred firms were considered during the awards process. Firms were evaluated on their unique capabilities, sector expertise, investment judgment, demonstrated value creation, senior partner composition, talent retention, firm evolution, and firm momentum, among other attributes. A fraction of final round candidates were ultimately selected as awardees. Like all entrants, Turn/River paid a fee to be considered for this award. This award is not to be construed as indicative of Turn/River’s future performance. Reference to an award is only one piece of information relevant to an evaluation of an investment adviser such as Turn/River. Finally, this award represents information as of a specific date and time and may not reflect important information related to an evaluation of the investment adviser which has occurred prior to, or subsequent to, the award. GrowthCap is not affiliated with Turn/River. Turn/River received this award in 2020, 2023, and 2024.

We're proud to share that Turn/River Capital has been named to Inc. Magazine's 2024 Founder-Friendly Investors list. We're grateful for the opportunity to work alongside incredible founders. Together we've been able to unlock the next phase of growth and achieve new heights for their businesses. We look forward to continued partnership with existing portfolio companies, and to the new partnerships to come! https://lnkd.in/gh2Dv2G8

We're excited to kick off Turn/River's Annual All-In Conference in San Francisco today! During this collaborative event, both the Turn/River team and portfolio management teams will share learnings and growth best practices that have proved effective across the portfolio over the past year. Welcome Tufin, Paessler GmbH, Commio, PairSoft, Invicti and Turn/River portfolio alumni to the Bay Area for a few days of both work and fun.

Join us this Thursday, September 26 for a live webinar on the Power of Channel Seller-to-Seller Connections. This session for B2B software executives will feature Robert Crissman of Turn/River Capital and Mike Alpert of Redwood Software Software for a conversation on how to enhance top-of the funnel strategy and boost conversion rates for channel sales. We'll explore how to identify the ideal partner profile, maximize pipeline opportunities and leverage seller-to-seller connectivity to drive growth. Register now to secure your spot https://lnkd.in/gkCBnXUn

We’re excited to announce that Turn/River’s portfolio company, Redwood Software, has entered into an agreement to be acquired by Vista Equity Partners and Warburg Pincus. This investment marks an important milestone in their mission to unleash human potential through the power of automation. It has been our privilege to support Redwood Software on its remarkable journey to build a leading, global automation software company. Throughout our partnership, Redwood has experienced significant growth, and with its strong set of automation products and exceptional team led by Kevin Greene, we believe strongly that the best is yet to come. Read more: https://lnkd.in/dWnFT2yG

Recently we sat down with Dirk Paessler, Founder of Paessler GmbH to hear his inspiring journey from a side project in his student flat to building a company with nearly 500 employees. Dirk shares how the principles of sustainable growth, patience, and capital efficiency were key to Paessler's success and the transformative moment when he partnered with Turn/River, bringing in fresh vision and direction to propel the company forward. Explore Dirk’s full story for insights into his entrepreneurial journey and why he chose to partner with Turn/River: https://lnkd.in/dWgfpwmS?

Join us on Thursday, July 11, for a webinar designed to transform your sales strategy. This session is tailored for B2B software executives looking to effectively manage and convert enterprise leads through a tailored sales funnel. At Turn/River, we challenge the traditional view that sales is more art than science. Discover the structured, data-driven methods that have empowered our portfolio companies to attract more inbound enterprise leads and efficiently convert them into revenue. Meet Our Expert Panelists: ?? Kristen Stringer, Principal, Sales, Turn/River ?? Sean Mullins, Vice President, International Sales, @ Redwood Software ?? Register now to secure your spot https://lnkd.in/giuHsyCi

Congratulations to Priya Diwakar on being recognized as one of GrowthCap’s Top Women Leaders in Growth Investing of 2024! As Vice President at Turn/River Capital, Priya has made strong contributions to both our team and the portfolio over her 6 years at the firm. Today she is instrumental in some of our largest investments while also sourcing and evaluating new opportunities. We look forward to continuing to support Priya and congratulate all of the GrowthCap's Top Women Leaders on their success! https://lnkd.in/gVgHgciK

Today we welcome Paessler AG, a global leader in IT and OT monitoring solutions, to the Turn/River portfolio. Since 1997, Paessler has pioneered technology that optimizes IT infrastructures across various industries, serving over 500,000 users worldwide. This investment marks a significant milestone at Turn/River as we continue to partner with European software companies to scale efficiently and accelerate growth. "Joining forces with Turn/River opens new avenues for Paessler. Their expertise in operations and strategic market expansion will empower us to scale even faster and enhance our ability to deliver value to present and future customers," says Helmut Binder, CEO of Paessler. Dirk Paessler, founder, adds, "We've navigated numerous development phases, continuously learning, and driven by a vision of delivering functional, user-friendly software with great value and outstanding customer service. Now, our team, along with Turn/River, will spearhead the next exciting chapter of Paessler's growth. We've secured the ideal partner to propel us forward — we're just beginning!" Learn more about our partnership at: https://lnkd.in/gMjUguCD