Relay Investments — Full Portfolio
81 tracked investments · listed companies and verified rows first
Mosaic ETA is an investment firm that partners with individual entrepreneurs ("searchers") to identify, acquire, and operate small to medium-sized businesses through the entrepreneurship-through-acquisition model.
Enterprise SoftwareSector Agnostic
Julien(Co-Founder & Managing Partner)Eduardo(Co-Founder & Managing Partner)Eduardo Zaldivar(Founder)inJulien Ham-Ying(Founder)in
Co-investorsLunaCap VenturesCharterhouse Capital PartnersHighland Creek PartnersTA AssociatesHis Fund
Auxo Management is a private investment firm that acquires and operates companies across various industries, with expertise in corporate finance, strategy, and business growth.
CybersecurityEnterprise SoftwareHardwareSector AgnosticMississauga, US
Robert Cherun(Managing Partner)Erik Mikkelsen(Managing Partner)ROBERT HENDERSON(Executive Officer)
BoardNORM CHARNEY(DIRECTOR OF GENERAL PARTNER OF GENERAL PARTNER OF ISSUER)JIM EDMUNDS(DIRECTOR OF GENERAL PARTNER OF GENERAL PARTNER OF ISSUER)SIDNEY SOMMER(DIRECTOR OF GENERAL PARTNER OF GENERAL PARTNER OF ISSUER)
Board seatMartin Steber· per SEC Form D · $10.6M raise · filed Nov 2016
11 Point Partners is a search fund-style acquirer seeking to buy and operate a single profitable insurance services company, such as captive managers or loss control providers serving brokers, underwriters, and carriers.
FintechInsurTech
Jake Humphries(Founder)
720fund is an India-focused investment firm that acquires and operates a single company at a time, working full-time alongside the founders to run day-to-day operations.
Sector Agnostic
Sunil Sapra
All Essential Fire Services (AEFS) provides integrated fire safety solutions, including inspection, testing, maintenance, design, installation, and emergency response for electrical systems, wet systems, and portable equipment.
Construction Tech
Alka Oaks Partners is a private investment firm that acquires service-based and tech-enabled services businesses in the education sector, including K-12 consulting, college prep/tutoring, and managed program delivery serving public school districts, government agencies, and community organizations.
EdTechPhiladelphia, US
Amana Succession Partners is a search fund led by an individual seeking to acquire and operate a single owner-operated or family-owned B2B company, with a stated interest in the industrial and commercial refrigeration sector.
Sector AgnosticNew Orleans, US
Apoplex Medical Technologies develops SRA®, an automated system that analyzes ECG recordings to assess the probability of paroxysmal atrial fibrillation and support faster stroke-patient triage.
AI & Machine LearningDigital HealthMedical Devices
Ascenda Capital is a search fund led by a team of entrepreneurs seeking to acquire and operate a single mid-sized company, providing operational leadership to grow the business.
Sector Agnostic
Astoria Growth Partners is a search fund run by two entrepreneurs seeking to acquire and operate one U.S.-based B2B services or software business over the long term.
Enterprise SoftwareChicago, US
Ryan Holler(Co-founder)
Atropates Capital is an entrepreneur-led investment firm that acquires, operates, and grows established businesses, positioning itself as a long-term successor for business owners looking to exit.
Sector AgnosticPhiladelphia, US
Beacon Education Group is a search fund that acquires and operates childcare centers and preschools, focusing on multi-site, financially healthy businesses.
EdTech
Michael(Founder)
Bedrock Succession provides capital, mentorship, and resources to entrepreneurs and operators.
Sector AgnosticChicago, US
BoardChristian Eron(Founder)
Bidart Partners is a search fund through which a single operator seeks to acquire and personally run one U.S. small or mid-sized business for the long term.
Sector AgnosticSherman Oaks, US
Matthieu Bidart(Founder & Operator)
BP Logix builds Approvia, a no-code workflow automation platform for compliance-driven, high-stakes processes in regulated industries such as life sciences.
AI & Machine LearningHealthtechSaaS
Active search fund (USA, 2025)
Chesapeake Technology develops SonarWiz, software for processing and analyzing marine survey data from sonar and bathymetric instruments.
Data & InfrastructureDeep TechEnterprise SoftwareHardwareIoTSaaSSilicon Valley, US
Co-investorsHighland Creek Partners
Comprehensive Drug Testing (CDT) manages and administers drug and alcohol testing and anti-doping programs for clients across the United States, including professional sports leagues, Fortune 500 companies, and government agencies.
HealthtechSports Tech
Covalent Partners is an investment firm focused on opportunistic investing in leveraged credit and special situations.
Fintech
CRSS provides specialized residential care and individualized support for people with complex needs, operating community-based homes and care programs.
HealthtechWellness & FitnessKitchener, CA
Dune Peak Partners is a search fund that seeks to acquire and operate a single small or mid-sized business over a 7+ year horizon, positioning itself as an alternative to private equity and strategic buyers for owners planning succession.
Sector Agnostic
Yagiz Yildiz(Founder)
EMAN is a charter school management organization that provides end-to-end services including curriculum and instructional coaching, financial and operational oversight, compliance and governance support, and HR and community engagement.
EdTechDetroit, US
Ezra Legacy Partners is a search fund that seeks to acquire and operate a single B2B software, tech-enabled services, or professional services business with $5M+ in recurring revenue.
Enterprise SoftwareSaaSAustin, US
Devon Cash(Founder & Principal)in
SAMSOnQ is a cloud-based case management platform that enables law enforcement, victim advocates, and forensic nurse examiners to collaborate on sexual assault investigations.
Enterprise SoftwareGovTechSaaSSeattle, US
Co-investorsBigfoot Capital
Granville Peak is an entrepreneur-led search fund seeking to acquire and operate a single profitable small or medium-sized business ($1.5M+ EBITDA) for the long term.
Sector AgnosticNew York, US
Jeffrey Hou(Founder)in
Co-investorsMaven Equity Partners
Growth99 is a full-stack marketing and growth platform built specifically for aesthetic and elective wellness practices such as med spas, offering website development, SEO, paid advertising, review generation, and automated lead response.
Marketing TechSaaSWellness & Fitness
Herchenbach Industrial Buildings is an owner-managed provider of lightweight aluminium temporary and permanent warehouses and industrial buildings, offering modular storage spaces from 100m² to 10,000m² for rent or purchase.
Advanced ManufacturingConstruction TechLogistics & Supply ChainHennef, DE
Highland Legacy Capital is a search fund / acquisition entity seeking to buy and operate a single privately owned, founder- or family-led business, targeting companies with $3–15M+ EBITDA and recurring revenue.
Sector AgnosticBrownsville, US
James Jackson(Co-Founder & Principal)inFelipe Rojas(Co-Founder & Principal)in
Honolulu Ship Supply provides ship provisioning, technical supplies, waste management, and custom services for maritime vessels operating in Hawaii and surrounding waters.
Logistics & Supply ChainHonolulu, US
IMMSA manufactures copper and aluminum busbars, bushings, and connectors, with in-house finishing services such as tin/silver plating and epoxy coating, for electrical OEMs including switchgear, transformer, and EV battery manufacturers.
Advanced ManufacturingEnergyHardwareMexico City, MX
Inglewood Growth Partners is a search fund seeking to acquire and operate a single established business over the long term, working with its employees and customers to sustain and grow it.
Sector AgnosticInglewood, US
Ryan(Founder)
InvestorFlow provides an integrated front office platform for private markets firms, connecting capital formation, deployment, asset management, and investor services workflows in real time.
AI & Machine LearningEnterprise SoftwareFintechSaaS
Chris Ashrafi(Chief Revenue Officer)in
Co-investorsAmbina PartnersGrandBanks CapitalHatteras Venture PartnersKPS Capital PartnersMerit Capital PartnersSteelSky Ventures
IT Service Alliance provides mission-critical IT infrastructure services—including Remote Infrastructure Management, Disaster Recovery-as-a-Service, managed hosting, managed services, modernization, consulting, and staff augmentation—to enterprise and Fortune 500 companies.
Cloud ComputingEnterprise SoftwareSaaS
Lemont Partners is a group of experienced business leaders that partners with companies to provide leadership and operational support, currently working with a forensic consulting and expert witness services firm.
Enterprise SoftwareBirmingham, US
Libnova develops digital preservation software that helps organizations safeguard research data and cultural heritage over the long term.
Data & InfrastructureEnterprise SoftwareSaaS
MSG is a German service partner and official factory service for Ackermann by Honeywell nurse call systems, offering modernization, maintenance, repairs, spare parts, and consulting.
HardwareHealthtechMedical Devices
MDS provides property management software designed for the New York City real estate market, with features for local regulations such as DHCR annual rent registrations and preferential rents.
PropTechSaaSNew York, US
NeoAssist offers a customer service platform that unifies multiple channels — including WhatsApp, Instagram, Facebook, email, chat, ReclameAqui and MercadoLivre — and applies AI to speed up support and automate repetitive tasks.
AI & Machine LearningEnterprise SoftwareSaaS
Nexus Collaborative acquires companies through a team-based sale process, positioning itself as a buyer that offers owners liquidity while aiming to preserve the business's legacy and retain its team.
Sector Agnostic
No-IP provides DNS-based internet connectivity services, including Dynamic DNS for remote access to devices, Managed DNS on an Anycast network, and domain registration.
Cloud ComputingCybersecuritySaaS
Co-investorsMaven Equity PartnersPlexus Capital
Octagon Equity is a search fund led by entrepreneurs that aims to acquire and operate a single U.S.-based business with recurring revenue (ARR over $3.0M or EBITDA over $2.5M), positioning itself as an exit option for retiring owners seeking to preserve their company's legacy.
Sector AgnosticAustin, US
Santiago Narvaez Gonzalez(Executive Officer, Director)Camilo Jose Pabon Porras(Executive Officer, Director)
Outlive Capital is a search fund / acquisition vehicle that partners with and acquires small and medium-sized enterprises operating in defensible niche markets, aiming to preserve their teams and culture while pursuing long-term growth.
Sector AgnosticLisbon, PT
João Cardoso(Founding Partner & Director)
A search fund run by an individual seeking to acquire and personally operate a single small or medium-sized business over the long term, as a full-time owner-operator rather than a portfolio investor.
Sector AgnosticMatthews, US
Anh Pham(Executive Officer, Director)
CoCatalyst acquires and operates niche enterprise B2B software companies, holding them with permanent capital and no forced exit timeline.
AI & Machine LearningEnterprise SoftwareSaaSDallas, US
Co-investorsMaven Equity Partners
Polysistemas provides document management services including physical document storage, digitization with legal validity, and content management software (ECM/BPM) with workflow automation.
Cloud ComputingEnterprise SoftwareSaaS
Co-investorsDellin Investments
Red Shirt Ventures is a search-fund style investment company looking to acquire and operate a single small to medium-sized business over the long term, targeting founder-owned companies with $2-7M EBITDA (or $2M+ ARR for SaaS) and recurring revenue.
Sector AgnosticBoston, US
Dan Giambrone(Founder)in
RPM (Reliable Premium) provides a workers' compensation premium payments service that connects directly with a business's payroll provider and insurance carrier to calculate and pay premiums in real time each pay period.
FintechInsurTechSaaS
Sakai Capital is a private investment firm focused on acquiring and operating a single mid-sized company in Mexico through a majority acquisition.
Sector AgnosticLincolnshire, US
Adela Kably(Managing Partner)Giancarlo Solorzano(Managing Partner)in
Soft Restaurant is a restaurant management software that combines sales, inventory, reporting, billing, and payments in a single platform.
FoodTechRetail TechSaaS
Spruce Legacy Partners is a search fund that aims to acquire and personally operate a single established small business (10+ years old, $2M+ EBITDA) for the long term while preserving its legacy and workforce.
Sector AgnosticMontclair, US
Edward Silberman(Executive Officer, Director)Robert Mueller(Executive Officer, Director)inTed(Co-founder and Partner)Rob(Co-founder and Partner)
Strategic Kids partners with schools and districts to provide student enrichment programs (such as LEGO, Chess, Magic, Origami, and Visual Arts), vetted staffing including enrichment instructors and substitute teachers, and turnkey Expanded Learning Opportunities Program (ELO-P) services covering curriculum, scheduling, and compliance.
EdTechHR Tech
TACNA helps foreign manufacturers establish and operate production facilities in Mexico through the maquiladora model, managing industrial space, exports, and workforce on their behalf.
Advanced Manufacturing
Co-investorsMaven Equity PartnersRed Forest Capital
Trident Equity Group is a search fund run by two entrepreneurs seeking to acquire, lead, and grow a single U.S.-based small or mid-sized business.
Enterprise Software
Velis Tech offers SINGU, a work order management platform that centralizes creation, assignment, and tracking of work orders, using AI to convert inspection findings into work order tickets.
AI & Machine LearningPropTechSaaS
Veloce IT acquires and partners with specialist technology and managed-services providers serving mission-critical, regulated sectors such as aviation, road, rail, maritime, and energy & power.
Cloud ComputingEnergyEnterprise Software
Vialterna provides a network-agnostic managed resiliency layer for large distributed enterprises in Mexico, combining fiber, LTE, 5G, satellite and wireless links into a high-availability architecture with automatic failover, 24/7 NOC monitoring and SLA backing.
CybersecurityEnterprise SoftwareIoT
Windmill Wellness Ranch is an inpatient addiction and dual-diagnosis mental health treatment center on a 75-acre ranch in the Texas Hill Country, serving adults 18 and older with medical detox, residential care, and co-occurring mental health treatment.
Digital HealthMental HealthWellness & Fitness
Co-investorsMaven Equity Partners
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
All Essential Fire & SecurityAmana Succession PartnersApoplexArcas CapitalAscenda Capital PartnersBarnescourtcapitalBeacon Education GroupCintu TransmissionCovalent Growth PartnersCRSSEducation Management & NetworksFairgroundpartnersHerchenbach Industrie-ZeltebauHonolulu Ship SupplyInternational Metals de Mexico (IMMSA)LeaseirMulti-Service-Gummersbach (MSG)Nico's Search PartnersPartnerwithnicoSinguSonarWizTrident Equity GroupZeker & MobielZekerenmobiel
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

















