Who is Performant Capital?
Performant Capital is a private equity firm based in the United States.
Performant Capital
- Type
- private equity firm
- Headquarters
- Chicago, United States
- Website
- performantcapital.com
- Company page
How they work
Performant Capital is a Chicago-based private equity firm that invests in software, technology-enabled services and data businesses. It works with company leadership on sales, product development, recruitment and operational improvement. Its current portfolio includes healthcare technology, winery software, automotive service software, interior-design systems and manufacturing technology services.
Business owners can contact Performant through its published email or contact form. Its investment criteria assess recurring revenue, customer retention, business durability and profitability. After investing, the team works with company leadership on sales and marketing, product and technology, and talent development.
- Sector focus
- Mission-critical B2B software, technology-enabled services, and data intelligence products and services.
- Capital model
- Private equity investment through managed funds, with operating support for portfolio businesses.
- Investment size
- $10 million–$100 million, as stated on the current portfolio page.
- Capital
- The current homepage reports more than $200 million in total assets under management.
- Ownership
- Hands-on partnership with company leadership across growth, product and technology, and talent, while preserving the culture behind each business.
- Founder ownership
- Partners with founder-owned software and technology-enabled companies, providing growth capital and operational support.
- Platform or bolt-on
- Invests in software platforms and pursues complementary add-on acquisitions; published examples include automotive software and healthcare technology combinations.
- Target revenue
- Recurring revenues of $1 million–$30 million. The criteria do not specify the measurement period or a separate total-revenue band.
- Target EBITDA
- Profitable businesses or those with a near-term path to profitability; no numerical EBITDA threshold is specified.
Their portfolio
Showing 8 of 8 known holdings — coverage is still partial.
- BevLogicProf. servicesSectorConsumer & retailWhat they doBevLogic provides software and technology-enabled compliance services for beverage alcohol producers. Its offering covers regulatory returns and reporting, licensing and product registrations.
- SectorSoftware & IT servicesWhat they doBolt On Technology provides software for automotive repair shops, including digital vehicle inspections, customer communications, appointment workflows and payments. Its tools integrate with shop management systems.
- SectorConstruction & infrastructureWhat they doDesign Manager develops business software for interior design firms. It connects project specifications, purchasing, procurement tracking, accounting, client invoicing and project profitability reporting.
- DSIProf. servicesSectorSoftware & IT servicesWhat they doDSI supplies CAD/CAM software, training, consulting and custom automation for design and manufacturing workflows. The business combined with NexGen Solutions in February 2026 and supports customers across manufacturing, engineering, architecture and construction.
- SectorHealthcareWhat they doOptivate develops ophthalmology software combining electronic health records, practice management, imaging and patient engagement. Formerly EyeMD EMR, it also supports billing, optical inventory and clinical documentation.
- SectorConsumer & retailWhat they doOrderPort provides winery management software for tasting-room sales, wine clubs, ecommerce, reservations, reporting and payments. Its connected platform supports customer relationships and direct-to-consumer wine sales.
- RevascentProf. servicesSectorHealthcareWhat they doRevascent provides revenue cycle management, medical billing and coding, practice operations and managed technology services for hospitals and physician groups. It supports healthcare organisations with software hosting, clinical systems and financial reporting.
- SectorSoftware & IT servicesWhat they doSquadUP provides white-label ticketing and event management software. Event organisers use its mobile tools and dashboards to sell tickets, manage reserved seating, check in guests and monitor registrations.
Sources
- performantcapital.com · portfolio page
- performantcapital.com · website
- performantcapital.com · research
- performantcapital.com · research
- performantcapital.com · research
- businesswire.com · research
- performantcapital.com · research
- businesswire.com · research
- businesswire.com · research
- businesswire.com · research
- businesswire.com · research