Banyan works with entrepreneurs who are looking to sell but want to avoid seeing their business end up in the hands of a competitor or traditional investment firm. We work with sellers who are looking to continue on in a management role, as well as those who wish to transition out over time or exit today. We appreciate that building a business requires many years of hard work. Our goal is to continue growing your business for the long-term, and build on the many years of historical success.
Unlike typical investors or other acquirers, our plan isn’t to resell your business. Instead, we provide a permanent home for your business and will continue the legacy of the company’s culture, product and teams that have been built over many years.
Our mission is to acquire, build and grow great enterprise software businesses with strong positions in niche markets all over the world. Banyan companies generally fit the following criteria:
We recognize that every software company is unique. Feel free to reach out to us for a quick and confidential discussion regarding whether we might be the right partner for you.
Acquirers can often say one thing, only to turn around and do another. We care deeply about our reputation and are proud to be 100% referenceable with the owners who have trusted us with the future of their companies.
After vetting dozens of potential partners over the years, I came to see that there are major philosophical differences between traditional investors and my goals for future growth. When I met Banyan, I quickly realized that our business vision and philosophies lined up exactly… (read more)
Having been through this process several times in the past, I found that my gut was right in selecting Banyan. I knew if we selected a firm with a long term view and strong morals, the details would work themselves out… (read more)
Beyond the P&L, Banyan sought to understand our company culture, employees, products and market. Last but not least, Banyan demonstrated respect for me as an owner and our company’s story… (read more)
Selling a company you’ve spent 20 years growing is no easy decision. Finding a buyer who relates to your desire to protect that legacy and its employees is a challenge. While we were vetting offers, Banyan entered our world. The promises you read about on their website have been a true reflection of Banyan’s operating principles… (read more)
We plan to hold our businesses forever and will provide the capital to invest in building the company’s products and teams for decades.
Banyan appreciates the strong relationships a privately owned business nurtures with employees and we are committed to building the best workplaces in the world.
Our focus on enterprise software businesses ensures we are well prepared to evaluate your business quickly and execute on growth after the transaction.
We respect the value of your time and will work hard to respond to all inquiries within 24 hours and can make acquisition decisions quickly.
Our terms are flexible and we will work in partnership with you on a structure and post-acquisition role that is right for you.
We understand the concerns of privately held business owners and are committed to keeping every aspect of our discussions confidential.
We understand – selling your business is big a decision. Even if it’s not the right time just yet, we would love to speak with you and open the conversation. We live and breathe software and would be happy to share our expertise on how an exit may look, things to consider before selling, and market valuations. Email or call us and we will respond within 24 hours.
What do you need to know before selling your software business? Get a copy of our free guide for owners.
Owners turn to Banyan because they want their business to continue thriving for long into the future and care deeply about who they partner with in a transition. Banyan’s capital comes from a small group of world-class entrepreneurs, executives and investors. With a family office-like structure, we have the unique ability to provide a “permanent home” for your company while bringing the wisdom and dedication of the group to its continued success. Our team includes:
David is an entrepreneur with experience in operations, M&A, strategy, sales and marketing. His passion for technology and working with small business owners led him to start Banyan Software. After leading growth efforts at VC-backed technology companies and working as a private equity investor, David was CEO at Medicat, the #1 patient health management system in the college market, serving over 4 million students. David is also the founder of Operation Groundswell a social-enterprise in 12 countries with 50 employees. He holds an MBA from Stanford University and a BA from the University of Toronto.
Max Risen is a software-focused entrepreneurial accountant leading the M&A and finance operations within Banyan Software. Max’s passion for technology, accounting, finance, and small business operations led him to transition from assurance and M&A advisory at Deloitte to a large public acquirer of software companies before joining Banyan. He was responsible for the acquisition and post-merger integrations of vertical market software businesses throughout Canada, US, UK, and Australia. He is a Chartered Professional Accountant (CA, CPA) and holds a Bachelor of Commerce from the Desautels Faculty of Management at McGill University.
Daryl Rolley is currently the CEO of Medicat. Prior to this he was the Chief Commercial Officer at PRGX, a global provider of Source to Pay (S2P) services. He was the EVP and Chief Revenue Officer at RealPage, a leading provider of comprehensive property management software solutions. Previously, Daryl was the EVP of Global Sales and Worldwide Field Operations at Ventyx, an ABB company that is a leading supplier of enterprise software and services to the Electricity and Mining sectors. Prior to this, he held several global and international roles for 12 years at Ariba, the leading Procurement and Commerce Network software company. He lived and worked in Asia Pacific and Europe at Ariba and FreeMarkets (acquired by Ariba) and was a part of the leadership team that succeeded in selling Ariba to SAP. Earlier in his career, he was an Engagement Manager at McKinsey & Company Inc. in the US and Brazil. He has a B.S. in Chemical Engineering from Purdue University and an MBA in Finance from Wharton.
Jinny is the visionary leader behind vCreative, a leading media technology company that services over 4,300 local Radio, Digital & TV stations, and networks with cloud-based efficiency software solutions for production and promotional workflow. She is inspired by her clients and driven by an infectious passion to improve and expedite media workflow from media buy to on air, online or onsite activations. She lives and works in central Florida with her husband John and enjoys spending time outside of work with her 6 children and grandson.
Susie Hedrick has spent her career solving problems and driving innovation. She brings more than 20 years of leadership experience in sales, strategy, development and operations for premiere media technology companies. She is a passionate and trusted advocate for her customers, priding herself on delivering products that help grow and transform businesses. Prior to joining vCreative, Susie led enterprise sales for WideOrbit, the largest sell-side processor of premium advertising in the world, managing more than $35B in advertising revenue for its clients.
Mark is an entrepreneur with 30 years focused experience in sales, marketing, strategic planning and business development. Mark spent the last 3 years as an executive in residence for BRM Capital where he helped several BRM companies successfully implement their worldwide go to market plan. Mark co-founded Clairmail, the leader in the US in mobile banking software, which successfully sold to Fiserv. Mark also spearheaded companies such as Mindjet and Inso Corporation to dynamic sales growth that created market leadership positions. Mark is a proud graduate of the University of New Hampshire.
Drop us a line and we will work hard to respond within 24 hours. All of our conversations with sellers remain strictly confidential.