Susquehanna Private Capital
Susquehanna Private Capital is a SIG-affiliated private investment firm making middle-market acquisitions and growth equity investments in technology and services companies, providing patient capital with flexible deal structures to founders.
- Company typePrivate
- Founded2006
- HeadquartersBala Cynwyd, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Susquehanna Private Capital does
Susquehanna Private Capital is a private investment firm affiliated with Susquehanna International Group (SIG), LLP, headquartered in Bala Cynwyd, Pennsylvania. The firm makes private investments in middle-market operating businesses and, through its Susquehanna Growth Equity (SGE) platform founded in 2006, provides growth equity capital to technology and services companies. Two distinct investment activities are evidenced: minority growth equity investments in venture-stage and growth-stage technology and services companies (portfolio includes HighRadius, iCIMS, Credit Karma, Payoneer, and Phorest), and control acquisitions of middle-market operating businesses (Spherix Global Insights acquired January 2022; McNally Industries acquired September 2019). The firm is led by co-founder Amir Goldman, who serves on the Investment Committee.
The firm's core product is patient, flexible capital rather than a technology platform. SGE describes its offering as "liquidity as a service," providing capital for growth, acquisitions, or shareholder liquidity over multiple tranches with no fixed time horizons. The firm is uniquely positioned by being funded by entrepreneur capital within the SIG umbrella, which it states makes it not subject to traditional private equity fundraising cycles. The technology stack is not applicable at the sponsor level; the firm's intellectual property resides in deal structuring, founder relationships, and the SIG-affiliated capital base.
The business model is a conventional private equity/general partner model generating returns through capital appreciation, portfolio management fees, and exits via IPOs or strategic sales; specific fee economics, AUM, and revenue figures are not publicly disclosed. Go-to-market is sales-led, driven by direct founder relationships, portfolio company referrals, and content marketing through the firm website featuring founder testimonials and case studies. The customer base — meaning portfolio companies and prospective founders — is segmented horizontally by the firm across technology and services, with no publicly disclosed segment revenue mix. Pricing (i.e., deal terms) is negotiated bilaterally and not publicly disclosed.
Susquehanna Private Capital firmographics
Firmographics- Name
- Susquehanna Private Capital
- Legal name
- Susquehanna Growth Equity
- Website
- https://spcllc.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Susquehanna Private Capital is a SIG-affiliated private investment firm making middle-market acquisitions and growth equity investments in technology and services companies, providing patient capital with flexible deal structures to founders.
- Ownership category
- akta.pro rank
Susquehanna Private Capital industry classification
Industry- Product category
- Growth Equity / Private Equity Investment
- NAICS
- Other Financial Investment Activities (5239), Management of Companies and Enterprises (55)
- SIC
- Investors, Nec (6799)
- akta.pro primary industry
- Business Services (B2B) Growth Equity (FSANACAD)
- akta.pro secondary industry
- Industrials & Manufacturing Growth Equity (FSANACAF)
Keywords
Where Susquehanna Private Capital is headquartered
LocationHeadquarters
- HQ city
- Bala Cynwyd
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Susquehanna Private Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Investment Returns and Portfolio Management Fees: As a growth equity investor, SGE generates returns through capital appreciation of portfolio companies, exits via IPOs or strategic acquisitions, and management/value-creation initiatives. The firm provides capital for growth, acquisitions, or shareholder liquidity across multiple tranches with no fixed time horizons.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Susquehanna Private Capital product offering
Product offeringCore offering
Susquehanna Private Capital (Susquehanna Growth Equity) makes private equity and growth equity investments in middle-market technology and services companies. It provides patient capital with no fixed time horizons through "liquidity as a service" — funding for growth, acquisitions, or shareholder liquidity delivered across multiple tranches. The firm emphasizes flexible deal structures, sector expertise, and entrepreneur-focused relationships rather than standardized private equity processes.
Product overview
Susquehanna Growth Equity (SGE) is a growth equity investment firm founded in 2006, providing patient capital with no fixed time horizons to technology and services companies. Rather than offering a technology product platform, SGE's offering is capital investment—providing liquidity as a service for growth, acquisitions, or shareholder liquidity over multiple tranches. SGE positions itself as built by entrepreneurs for entrepreneurs, focusing on flexible deal structures and long-term partnerships with founders.
Differentiator
Problem solved
Functional benefit
Products and services
- Growth Equity Investment (Liquidity as a Service) Patient growth equity capital deployed across multiple tranches for technology and services companies, used for growth, acquisitions, or shareholder liquidity, with flexible deal structures and no fixed time horizon. For founders and CEOs of middle-market technology and services companies.
Companies that use Susquehanna Private Capital
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles1 record
Susquehanna Private Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Susquehanna Private Capital partnerships and signals
Strategic signalScale indicators2 records
Recent moves2 records
Expansion highlights3 records
Susquehanna Private Capital competitors and assessment
Company assessmentDirect peers
- Edison Partners: Growth equity firm focused on technology-enabled services and software companies with a founder-centric approach. Closely comparable to SPC in vertical, stage, and check size profile.
- General Atlantic: Large global growth equity firm investing across technology, fintech, and business services with permanent-capital vehicles. Comparable to SPC in stage, check size, and founder-centric approach, though at materially larger AUM scale.
- TA Associates: Growth equity firm focused on technology, financial services, and healthcare with a long history of founder-friendly, flexible capital partnerships. Directly comparable to SPC in target verticals and stage.
- Summit Partners: Established growth equity and venture firm investing in technology, healthcare, and growth services companies. Comparable to SPC in long-duration, flexible-capital model and software/fintech exposure.
- JMI Equity: Growth equity firm focused exclusively on software, internet, and tech-enabled services companies. Closely comparable to SPC in vertical specialization and check size for growth-stage software founders.
- Insight Partners: Large global growth equity and venture firm with deep software and internet focus and a scaled operating value-add platform. Comparable to SPC in vertical emphasis, though Insight is significantly larger in AUM and fund size.
- Great Hill Partners: Growth equity firm investing in technology-enabled business services, consumer, and healthcare. Comparable to SPC in founder-friendly, flexible-capital positioning and middle-market growth check sizes.
- Accel-KKR: Middle-market growth equity firm targeting technology and tech-enabled services with flexible capital structures. Comparable to SPC in deal size range and founder-friendly structuring.
- Bregal Sagemount: Growth equity firm providing flexible capital to founder-led technology and services businesses. Comparable to SPC's long-duration, no-time-horizon approach and middle-market software/services focus.
Emerging players
- Volition Capital: Founder-led growth equity firm focused on high-conviction, operator-driven investments in technology and services. Comparable to SPC's entrepreneur-investor model, though typically smaller check sizes.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Susquehanna Private Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Susquehanna Private Capital leadership team
Management profileNumber of profiles
Profiles1 record
Susquehanna Private Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Susquehanna Private Capital M&A and investment
M&A and investmentM&A2 records
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Susquehanna Private Capital
What does Susquehanna Private Capital do?
Susquehanna Private Capital (Susquehanna Growth Equity) makes private equity and growth equity investments in middle-market technology and services companies. It provides patient capital with no fixed time horizons through "liquidity as a service" — funding for growth, acquisitions, or shareholder liquidity delivered across multiple tranches. The firm emphasizes flexible deal structures, sector expertise, and entrepreneur-focused relationships rather than standardized private equity processes.
Is Susquehanna Private Capital a public or private company?
Susquehanna Private Capital is a private company. It is classified as corporate owned and is currently operating.
When was Susquehanna Private Capital founded?
Susquehanna Private Capital was founded in 2006. It employs 1,001 to 5,000 people.
Where is Susquehanna Private Capital based?
Susquehanna Private Capital is headquartered in Bala Cynwyd, United States, in the North America region.
How does Susquehanna Private Capital make money?
One revenue line is on record: investment Returns and Portfolio Management Fees.
Who are Susquehanna Private Capital's main competitors?
Direct peers on record are Edison Partners, General Atlantic, TA Associates, Summit Partners, JMI Equity, Insight Partners, Great Hill Partners, Accel-KKR and Bregal Sagemount. Volition Capital is listed as an emerging player.
Does Susquehanna Private Capital have an API?
No public API is recorded for Susquehanna Private Capital.
What industry is Susquehanna Private Capital in?
Susquehanna Private Capital's product category is Growth Equity / Private Equity Investment. Its primary akta.pro industry code is FSANACAD, Business Services (B2B) Growth Equity, with a secondary code of FSANACAF, Industrials & Manufacturing Growth Equity. Its NAICS code is 5239 and its SIC code is 6799.