Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

NUCLEUSGROWTH, TOGETHER WITH HOUSATONIC PARTNERS, AIMS TO INVEST IN STRONG, FOUNDER-OWNED SOFTWARE COMPANIES

NucleusGrowth (http://www.nucleusgrowth.com/), a new software company founded by Jim Dunham and Mike Smerklo previously of ServiceSource, has announced a partnership with growth capital firm Housatonic Partners as part of deploying NucleusGrowth’s ambitious business strategy. NucleusGrowth’s mission is to identify and invest in successful software companies that can be rapidly scaled, and provide the capital and expertise to make that happen.

“Our goal is to find good companies and help unlock their full potential through a combination of software industry knowledge, operating experience, and capital,” explains Jim Dunham, CEO and Co-Founder of NucleusGrowth.

Non-executive Chairman and Co-Founder Mike Smerklo says that “we have removed the barriers to success in the search process by securing capital and proven software operators up front.”

Several metrics will factor into the decision of whether a company makes a good investment opportunity. Chief among these is founder ownership. NucleusGrowth believes that founder ownership indicates a high level of business knowledge and a dedication to core values – many of today’s best organizations across all industries are founder owned and operated.

On the finance side, the company seeks businesses with revenue of $5 to $30 million, a growth rate of at least 10%, and a profit margin for the last two years. Such data indicate a strong customer base and adherence to proven best practices. Finally, NucleusGrowth looks favorably on a repeatable sales model, which indicates a good product-to-market fit and a disciplined sales and marketing process.

NucleusGrowth intends to help its investments not just sustain, but also expand upon their success, beginning with the firm taking a majority position in the target company. Next, the NucleusGrowth team will bring its decades of experience to the table in the form of “playbooks” – six fundamental areas of business success. Finally, the company will position the right operators to execute the playbooks and build a rock-solid base for continued revenue growth.

“We are excited to be part of NucleusGrowth,” said Housatonic Partners’ Barry Reynolds. “Our approach is to build companies in cooperation with experienced and entrepreneurial executives like Mike and Jim.”