Fifth Street Partners is looking for one great business to buy and grow over the long term.
Our objective
Phil Taylor and Brad Eckert founded Fifth Street Partners with the goal of providing great businesses owners a path to transition their business with an attractive succession opportunity. We aim to collaborate with businesses to provide long-term solutions for operational continuity and financial needs.
The right business for us
We’re on the lookout for a thriving business with strong fundamentals, in the range of $5 million to $30 million in enterprise value, with EBITDA margins greater than 15%, and robust recurring revenue.
Our ideal scenario involves the current owner transitioning a majority equity position and the Fifth Street team coming in to lead going forward. This is a great opportunity for Fifth Street’s leaders to use our go-to-market expertise and management skills to fuel growth.
We’re particularly excited about businesses with positive momentum. Our background in operating software companies gives us a keen interest in vertical SaaS, business-to-business services, or tech-enabled services in burgeoning markets. We’re eager to find a business that aligns with these criteria and embark on a journey of growth together.
Brad Eckert, Managing Partner
Brad Eckert, an MIT graduate and technology leader with a strong background in overseeing AI and enigneering teams, founded Koko Home. He secured over $35 million in venture funding from Lightspeed Venture Partners, Khosla Ventures, and Marc Benioff, expanding the company to a team of over 35 individuals. Recognized on the Forbes 30 Under 30 list in Consumer Technology, Brad holds more than 25 high-tech patents. Brad is highly skilled in building and supervising efficient engineering teams, he consistently leads intricate projects to success while making sure operations run smoothly.
Phil Taylor, Managing Partner
Phil Taylor brings a decade of proven SaaS GTM and venture capital expertise to the table, honed in both enterprise and startup environments. His focus on strategic relationship-building and revenue growth is demonstrated by his success in various roles. This includes driving a pre-PMF seed company’s revenue from $0 to $2M as the sole GTM lead, contributing to 140% YoY revenue increase via partnerships within a Series C business, and spearheading strategic initiatives at Microsoft, notably a 9-figure partnership with SAP. Phil's unwavering work ethic and ability to navigate complexity position him as a strategic player/coach, well-equipped to lead and execute successful growth initiatives.
Interested in learning more?
We recognize that selling your business is a significant decision. Contact Fifth Street Partners to begin a confidential discussion about how we can assist you in achieving your transition goals.