Long Path Partners

What Long Path Partners does

Long Path Partners is an employee-owned investment firm founded in 2018, headquartered in New York with an additional office in Stamford, Connecticut. The firm manages approximately $1.5 billion or more in assets across public and private markets, deploying concentrated, long-term capital into high-quality B2B software, business and information services, and B2B consumables businesses globally. More than half of the firm's investments are made outside the United States.

The firm operates three core strategies. The Public Markets strategy is a long-only, concentrated approach targeting fundamentally advantaged businesses across market caps in global developed markets, with each position reflecting a high-conviction long-term idea. The Private Markets strategy pursues control and minority positions and take-private opportunities in software, B2B services, and niche industrials, deploying up to $500 million in equity capital per transaction with a hands-on operational approach. A Co-Investments offering provides LPs with opportunistic public and private co-investment access. All strategies are supported by a unified Research Platform.

Long Path earns revenue through investment management fees, and where applicable, performance-related compensation tied to long-term capital appreciation on concentrated, patient investments. The firm's clients are institutional investors and limited partners seeking exposure to differentiated, long-duration public and private equity strategies, while its portfolio companies — including Idox, Basware, Dalet, ECIT, and CAST — span enterprise software, spend management, media workflow, and IT services end markets. In May 2026, the firm completed the take-private of Idox plc via its acquisition vehicle Frankel UK Bidco Limited at a £339.5 million equity valuation.

Name

Long Path Partners

Legal name

Long Path Partners

Website

https://longpathpartners.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Long Path Partners is an employee-owned investment firm managing $1.5B+ across concentrated, long-only public equity and control/minority private equity strategies in B2B software, business services, and niche industrials globally, serving institutional LPs.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Sector-Focused Equity Long/Short (FSAHAAAC)

Keywords

• Private equity investments
• Public market strategies
• Investment management services
• Long-only equity investing
• Co-investment opportunities

Headquarters

HQ city

Stamford

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Investment Management: Long Path Partners generates returns through managing approximately $1.5B+ across public and private markets strategies. The firm invests in high-quality, predictable businesses with durable competitive advantages for long-term ownership over 5-10+ year horizons.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Long Path Partners is an employee-owned investment firm managing approximately $1.5B+ across public and private markets. The firm offers concentrated, long-only public equity strategies; a private equity strategy deploying up to $500mm equity capital in control, minority, and take-private transactions in software, B2B services, and niche industrials; and opportunistic co-investments offered to limited partners alongside the firm's public and private positions.

Product overview

Long Path Partners is an employee-owned investment firm managing approximately $1.5B+ across public and private markets. The firm offers three core investment strategies: Public Markets (long-only concentrated portfolios in fundamentally advantaged businesses), Private Markets (private equity investments up to $500mm in software, B2B services, and niche industrials), and Co-Investments (opportunistic situations alongside public and private positions). The unified research platform supports all strategies across four capacity-constrained approaches.

Differentiator

Problem solved

Functional benefit

Products and services

• Public Markets Strategy Long-only, concentrated public equity strategy maintaining portfolios in high-conviction ideas, focused on fundamentally advantaged businesses across the market cap spectrum and global developed markets. Targets attractive absolute returns over multi-year horizons through patient ownership.
• Private Markets Strategy
• Co-Investments

Named customers5 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bridgepoint: European-headquartered mid-market private equity firm investing in B2B services and software businesses globally. Comparable to Long Path on mid-market deal size, B2B services/software focus, and global orientation with significant non-US activity.
• Thoma Bravo: Large-scale private equity firm specializing in take-privates and control investments in B2B and enterprise software companies. Directly comparable to Long Path's B2B software/services PE strategy and demonstrated take-private execution model.
• Vista Equity Partners: Leading software-focused private equity firm executing control and minority investments in enterprise software businesses. Directly comparable to Long Path's focus on B2B software, with a similar operational-improvement value creation thesis.
• Southeastern Asset Management: Long-only, concentrated value investment firm managing public equities with a long-duration, high-conviction approach. Directly comparable to Long Path's public markets strategy on concentrated long-only mandate and patient capital deployment.
• Silver Lake: Technology-focused private equity firm executing large take-private and control investments in software, internet, and tech-enabled businesses. Comparable to Long Path on B2B software sector focus and take-private execution capability.
• Permira: Global private equity firm with deep B2B services, software, and consumer expertise executing control investments across multiple geographies. Directly comparable to Long Path on B2B services sector focus and global deployment model.
• Insight Partners: Software-focused investment firm making scale-up, growth, and take-private investments in B2B software companies. Comparable to Long Path on software sector focus, operational support model, and long-duration ownership approach.
• Hellman & Friedman: Private equity firm pursuing large-scale, long-duration control investments in high-quality businesses across software, financial services, and business services. Comparable to Long Path on patient ownership philosophy and B2B services investment focus.

Broad incumbents

• Advent International: Large global private equity firm with broad sector exposure including B2B software and services. Comparable to Long Path on global PE execution and B2B services/software investments, but at materially larger scale and broader sector mandate.
• Bain Capital: Diversified alternative asset manager with PE, credit, and public market strategies including significant B2B software/services exposure. Comparable to Long Path's combination of public and private market strategies, though at much larger scale and broader remit.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/long-path-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A2 records

Investments1 record

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

Frequently asked questions about Long Path Partners