Current Portfolio
Mainsail’s goal to build great companies begins with investing in outstanding entrepreneurs and management teams. Our commitment is to provide our partners with the support and expertise required to grow these already successful businesses into world class organizations. We are proud to have invested in the following companies:
Netchemia
Status: Current
Location: Prairie Village, KS
Sector: Software-as-a-Service (SaaS)
CEO: Carlos Antequera
www.netchemia.com
Netchemia is a leading provider of cloud-based talent management software for K-12 educational organizations. Their SaaS platform delivers simple, innovative and affordable management solutions for applicant tracking and hiring and performance evaluation to more than 1,100 school districts across the nation.
The Bar Method™
Status: Current
Location: San Francisco, CA
Sector: Fitness Studio Franchising
CEO: Burr Leonard
www.barmethod.com
The Bar Method, founded in 2001 is an industry leader in the rapidly growing barre-based fitness niche. Bar Method franchisees are drawn to the quality of the workout and infrastructure the business model provides. Today there are 60+ locations throughout the US and in Canada with many more in development. The Bar Method also produces and sells home-workout DVDs, exercise equipment, and apparel.
Steelwedge Software, Inc.
Status: Current
Location: Pleasanton, CA
Sector: Software-as-a-Service (SaaS)
CEO: Glen Margolis
www.steelwedge.com
Founded in 2000, Steelwedge is the leading Integrated Business Planning solution provider. Steelwedge’s cloud-based Sales & Operations Planning (S&OP) software solutions connect people, process and technology to power a single view of a company’s business. In a volatile global business environment, that single line of sight powers reliable "what if" scenario modeling that pinpoints the financial impact of supply-demand trade-off decisions. The company has more software-as-a-service (SaaS) S&OP deployments than all of its competitors combined. Some of the world's largest companies including Sony, Lenovo, Jaguar Land Rover, Applied Materials, Nacco and Emerson trust Steelwedge to help them mitigate risk and rapidly adapt to global economic, political and environmental change through best-in-class S&OP.
|
M/A-COM
Status: Current
Location: Lowell, MA
Sector: Wireless Technologies
CEO: Joseph G. Thomas
www.macomtech.com
M/A-COM Technology Solutions Holding Inc. is a leading supplier of semiconductors, active and passive components, and sub-assemblies for use in radio frequency, microwave, and millimeter wave applications. M/A-COM Tech has years of expertise in solving complex circuit design, packaging and manufacturing challenges. Over this time, M/A-COM Tech has earned its stellar reputation by providing solutions to a broad range of complex RF and microwave challenges faced by top OEMs and systems integrators. Mainsail invested in M/A-COM alongside Summit Partners.
|
PayLease
Status: Current
Location: San Diego, CA
Sector: Transaction Processing
CEO: Dave Dutch
www.paylease.com
PayLease is a leading electronic payment platform for residential and commercial property management companies in the United States. The Company streamlines the process of rent, lease and HOA payments, while providing world class customer service for tenants and property managers. PayLease's flexible and easy-to-use software platform integrates seamlessly with existing accounting systems and property management websites, reducing costs and increasing efficiency in the payments collection process. PayLease has been included in the Inc. 500 for two consecutive years (2010, 2011), ranking as one of the fastest growing privately held companies in the U.S.
Path Logic
Status: Current
Location: Carmichael, CA
Sector: Healthcare Services
CEO: John Griscavage
www.pathlogic.com
Path Logic is one of California’s most innovative and rapidly-growing laboratory providers, offering a broad range of services throughout the Western United States. The Company operates a full-service anatomic pathology and esoteric testing laboratory with a stellar reputation for accurate diagnostics, precise reporting, web-based information sharing, rapid turnaround of patient results, and personalized customer service. Path Logic provides a comprehensive array of inpatient and outpatient services to physicians, pathologists, surgery centers, hospitals, and other healthcare providers seeking consistent, reliable, and rapid diagnostics using advanced technology and specialized expertise.
|
Novus Biologicals
Status: Current
Location: Littleton, CO
Sector: E-commerce and Life sciences
CEO: Karen Padgett
www.novusbio.com
Novus Biologicals is an e-commerce and life sciences company that develops, licenses, and markets research materials to scientists in academic, corporate, and government laboratories. Since 1996, Novus Biologicals has partnered with leading scientific researchers and third-party providers to develop a portfolio of more than 100,000 products. These research tools provide investigators with high-quality antibodies, proteins, kits and RNAi for the study of protein functions in disease in the key fields of cancer, neuroscience, and metabolic disorders. Novus Biologicals was included in Inc. magazine's 500|5000 list as one of the fastest growing, privately held companies in the U.S. for the past six years.
|
Togo's
Status: Current
Location: San Jose, CA
Sector: Restaurant Franchising
CEO: Tony Gioia
www.togos.com
Togo’s is a leading franchisor of high-quality, value oriented sandwich shops. Togo’s is known for serving large portions of freshly prepared, wholesome food, including hot and cold sandwiches, wraps, salads, and soups. Headquartered in San Jose, California, the Company presently has franchised establishments throughout the Western United States. Mainsail acquired Togo’s in conjunction with new and existing management.
IPS Learning
Status: Current
Location: McLean, VA
Sector: Professional Learning
CEO: Tom Carter
www.ipslearning.com
IPS Learning is a premier provider of management training, e-learning, and workshops to Fortune 500 companies. Since 1999, IPS Learning has partnered with Stanford University to jointly develop and deliver the Stanford Advanced Project Management (SAPM) program. The industry-leading SAPM program combines Stanford University's academic and research expertise with the proven project management methodologies of IPS Learning. Mainsail acquired IPS Learning in conjunction with existing management.
Former Portfolio
Professional HealthCare
Status: Exited
Location: Walnut Creek, CA
Sector: Healthcare Services
CEO: John Griscavage
www.professionalhealthcarellc.com
Professional HealthCare is a holding company formed to build leading regional providers of home nursing, hospice, and private duty services. Professional HealthCare's subsidiaries deliver high-quality, patient-centric care through operations in California, Arizona, Nevada, and Utah. Mainsail initially assisted in a recapitalization of the business in conjunction with senior management and has continued to support the company to grow organically through the launch of new branches and services as well as in making strategic acquisitions. Professional Healthcare was acquired by Kindred Healthcare, Inc. in September 2011.
Read Case Study
eSecuritel Holdings
Status: Exited
Location: Atlanta, GA
Sector: Wireless Services
CEO: David Leach
www.esecuritel.com
eSecuritel is a leading provider of turnkey programs for wireless handset replacement-and-claims processing. Using its proprietary web-based technology platform, the Company develops flexible, customized solutions to assist cellular companies in delivering a value-added product to their subscriber base. eSecuritel was acquired by Brightstar Corporation in April 2011.
Read Case Study
|
Fusion
Status: Exited
Location: Houston, TX
Sector: Software Services
CEO: Alan Huffman
www.fusiongeo.com
Fusion is a leading provider of integrated geophysical technology and services to the global oil and gas industry. Fusion provides a full suite of integrated products and services in the following areas: acquisition design, seismic imaging & analysis, inversion & modeling, geopressure analysis, petrophysical analysis, reservoir studies, and integrated interpretation. Mainsail became an investor in Fusion through the merger with its prior portfolio company, 3DGeo. Fusion is headquartered in Houston, Texas. Fusion was acquired by Sigma3 in early 2011.
|

Cash Management Solutions
Status: Exited
Location: St. Louis, MO
Sector: Business Process Outsourcing (BPO)
www.cms-group.com
Cash Management Solutions (CMS) is the leading provider of revenue management services to the professional services industry. Since its founding in 1987, CMS has provided services to over 600 firms from top 10 US legal and accounting firms to smaller, regional firms. Through a combination of people, process and proprietary software, CMS helps its client firms better manage their cash flow and increase profitability to the firm partners. CMS was acquired by River Associates in October 2008.
Back to top | Next