What Resurgens Technology Partners does

Resurgens Technology Partners is a privately-held, Atlanta-based private equity firm founded in 2016 by Adi Filipovic, Fred Sturgis, and John Baumstark that invests in lower middle-market application software, IT infrastructure software, and developer tools businesses, primarily targeting companies with $5-30M of revenue where the majority is recurring. The firm pursues majority recapitalizations and select minority growth investments in companies headquartered in North America, Europe, or Australia with international expansion potential, deploying what it describes as an "Engage, Commit, Build" value creation approach anchored on four pillars: product and R&D investment, alignment of world-class talent, go-to-market and operations support, and M&A strategy and execution.

Resurgens operates through commingled private equity funds and earns revenue through management fees on committed and invested capital, supplemented by transaction, monitoring, and carried-interest income from portfolio exits. As of early 2026 the firm manages 19 portfolio companies across verticals including healthcare, education, insurance, energy, compliance, travel/hospitality, and workforce management, supported by an investment team, Operating Partners (covering sales, marketing, finance, product, talent, and healthcare operations), and centralized portfolio operations resources. Fund II closed at $500 million in 2022 and Fund III closed at $800 million in 2024, with portfolio exits including Investment Metrics (2021), Castellan Solutions (2022), and Verity (2025).

The firm is headquartered at 3550 Peachtree Rd NE, Atlanta, with additional professionals in Austin, Boston, and the San Francisco Bay Area. Resurgens does not build proprietary technology itself; its technology footprint consists of LP-facing reporting tools (Altar return portal) and standard operating/investment workflows. Distribution is exclusively through founder and intermediary relationships, not product-led channels.

Name

Resurgens Technology Partners

Legal name

Resurgens Technology Partners

Website

https://resurgenstech.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Resurgens Technology Partners is an Atlanta-based, software-focused private equity firm founded in 2016 that invests in lower middle-market application and IT infrastructure software businesses in North America, Europe, and Australia through majority recapitalizations and active portfolio operations support.

Ownership category

akta.pro rank

Product category

Private Equity (Technology/Software Buyout)

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Software private equity
• Technology buyout
• Lower middle market
• Growth capital
• Portfolio operations

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Management: Resurgens generates returns through investment in portfolio companies, realizing gains through exits and distributions. Their funds (third fund - $800M closed 2024, second fund - $500M closed 2022) charge management fees and generate carried interest from portfolio company exits.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Resurgens Technology Partners is a software-focused private equity firm that invests in lower middle-market application and IT infrastructure software businesses with $5-30M in largely recurring revenue, headquartered in North America, Europe, or Australia. The firm acquires majority recapitalizations and selectively provides minority growth capital, pairing institutional investment with an active value creation approach across product, talent, go-to-market, and M&A. Capital is deployed from successive buyout funds, including a $500M second fund (2022) and an $800M third fund (2024).

Product overview

Resurgens Technology Partners operates as a private equity investment firm, not a product company. The firm focuses exclusively on investing in application software, IT infrastructure software, and information/data/analytic software and tech-enabled services businesses. Resurgens targets capital-efficient businesses with $5-30M in revenue, primarily investing in majority recapitalizations with some consideration for minority growth capital. The firm deploys an active value creation approach centered on four core pillars: investments in product/R&D, alignment of world-class talent, go-to-market and operations support, and M&A strategy and execution. Resurgens manages an $800 million third fund (closed in 2024) and has a growing team of 45 employees supporting 19 portfolio companies. The firm is headquartered in Atlanta with additional professionals in Austin, Boston, and the Bay Area.

Differentiator

Problem solved

Functional benefit

Products and services

• Resurgens Technology Partners (Software-Focused Private Equity Investments) Private equity investment in lower middle-market application and IT infrastructure software businesses, primarily through majority recapitalizations with selective minority growth capital, providing capital and active value creation support across product, talent, go-to-market, and M&A.
• Resurgens Second Fund ($500M) A $500 million private equity fund closed in 2022, used to make platform investments in lower middle-market software businesses.
• Resurgens Third Fund ($800M) An $800 million private equity fund closed in 2024, used to deploy platform investments in application and IT infrastructure software businesses.

Named customers8 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Accel-KKR: Technology-focused middle-market private equity firm where Resurgens co-founders Filipovic and Sturgis previously led the small-buyout practice. Direct competitor for software buyout deals in the same revenue range.
• H.I.G. Capital: Global lower middle-market private equity firm where co-founders Filipovic and Sturgis previously served as Managing Directors. Competes for software and tech-enabled services buyouts at similar check sizes.
• Sumeru Equity Partners: Software and technology-focused middle-market private equity firm investing in similar revenue ranges. Direct competitor for vertical SaaS and IT infrastructure buyouts.
• Mainsail Partners: Growth equity firm focused exclusively on bootstrapped and founder-led SaaS businesses. Targets similar revenue profiles ($5-30M ARR) and software verticals as Resurgens.
• ParkerGale Capital: Private equity firm focused on profitable, founder-led software and tech-enabled businesses in the lower middle market. Competes head-to-head for similar deal profiles.
• Luminate Capital Partners: Software and tech-enabled services-focused middle-market private equity firm (former employer of Resurgens VP Mark Foreman). Direct competitor in vertical software buyouts.
• Primus Capital: Growth-oriented private equity firm investing in healthcare, education, and technology-enabled services (former employer of Resurgens MD Danny Carpenter). Overlaps in vertical software and SaaS investing.
• Pamlico Capital: Lower middle-market private equity firm focused on tech-enabled services, healthcare, and business services (former employer of Resurgens Principal Raj Parikh). Competes for similar software buyouts.

Broad incumbents

• Thoma Bravo: Largest software-focused private equity platform globally with multi-billion-dollar funds. Competes for the same vertical SaaS assets but at much larger check sizes and broader scope.
• Vista Equity Partners: Mega-cap software-focused private equity firm. Sets market pricing for vertical SaaS deals and routinely outbids smaller sponsors like Resurgens on premium assets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/10914132
• Xx.com/ResurgensTech

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments18 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Resurgens Technology Partners