PE  Sorenson Capital

http://www.sorensoncap.com





     Office Locations:

537 Hamilton Avenue, 1st Floor
Palo Alto, CA 94301
Phone: 801-407-8400

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Stages:

  • Middle Market


 

Industries:

  • Business Services
  • Consumer Products & Services
  • Life Sciences & Healthcare
  • Manufacturing & Industrial
  • Retail & Restaurant

  •  

    Description:

    Sorenson Capital is a private equity firm that provides small to middle-market buyout and growth equity investments, with a particular focus on opportunities in selected states in the Mountain and Western regions of the United States. Sorenson Capital recently announced the closing of its second private equity fund, Sorenson Capital Partners II (SCP II), which has attracted approximately $400 million in capital. It is the largest closing to date for a Utah-based private equity firm. SCP II will invest primarily in companies with revenues between $20 and $200 million with earnings from $3 million to $25 million. The first Sorenson Capital fund closed with $250 million in May 2004 and invested in 16 companies. SC looks for the following qualities in potential investments: large and growing industries; significant barriers to entry; experienced and motivated management teams; significant market share positions; sustainable pricing and profit margins; fragmented industry competition; and fragmented customers and suppliers. Sorenson Capital has more than $110 million of capital under management and typically invest in product-oriented businesses at the seed or pre-Series A stage.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription or Silicon Valley Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Bert Roberts Partner
    Brady Broadbent Partner
    Burke Davis Partner
    David Dame Advisor
    Eric Hilton Vice President

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      06/14/2022


      LiveView Technologies


      UT


      $50,000,000


      Series B


      04/26/2022


      Harness


      CA


      $230,000,000


      Series D


      04/07/2022


      Lilt


      CA


      $55,000,000


      Series C


      02/03/2022


      GuideCX


      UT


      $25,000,000


      Series B


     

    Portfolio companies include:


      Axiom Materials
        web link


      Blackrock Neurotech
        web link


      Botkeeper
        web link


      Couchbase
        web link


      Fastly
        web link


      GuideCX
        web link


      Harness


      Health Catalyst
        web link


      Incorta
        web link


      InfluxData
        web link


      Kenna Security
        web link


      Lilt


      Linksquares
        web link


      LiveView Technologies
        web link


      Openpath
        web link


      Pluralsight
        web link


      Realty Mogul


      Socure


      SupportLogic
        web link


      Uniphore
        web link


     

    Recent News: