Peterson Partners blog

Peterson Partners to Back Hospice Provider Ennoble Care | Peterson Partners

Peterson Partners — Thu, 03 Sep 2026 19:16:08 GMT

Ennoble Care provides hospice, home health, palliative care and home-based primary care throughout the northeastern United States. The infusion of capital from its new investors will facilitate expansion into new markets as well as building density within their existing footprint.

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Peterson Partners and Tava Health: Bringing Therapy to Employees at No Cost | Peterson Partners

Peterson Partners — Thu, 03 Sep 2026 19:15:51 GMT

Rises in depression, anxiety, and addiction have left many people unsure what to do or where to turn. Tava Health, in conjunction with Peterson Partners, is looking to help.

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Minnesota Ecommerce Startup Raises $4.4 Million | Peterson Partners

Peterson Partners — Thu, 03 Sep 2026 19:15:09 GMT

Rebuy, Inc., a Minnesota ecommerce company that uses a data-driven approach to increase average order value for Shopify users (AKA it helps vendors sell more stuff), has raised $4.4 million in growth capital from Peterson Ventures and Sidekick Partners. Before outside funding, the company (founded in 2017) was self-funded.

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Utility Billing Firm Black Mountain Software Wins Investment | Peterson Partners

admin — Thu, 03 Sep 2026 19:14:57 GMT

The fresh capital from Peterson Private Equity will fund product and market growth. It comes as more local and state governments, as well as schools, turn to digital accounting and billing tools.

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Peterson Search Partners raises $100M Fund II | Peterson Partners

admin — Thu, 03 Sep 2026 19:14:39 GMT

Peterson Search Partners, a Peterson Partners strategy dedicated to search funds and micro-cap buyouts, has announced a final close on $100m for Fund II.

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Glowbar Closes On $10 Million Of Growth Capital | Peterson Partners

admin — Thu, 03 Sep 2026 19:14:25 GMT

Glowbar, the skincare brand whose custom 30-min, $65, clinical-grade facial has made it a breakout success in New York, announces today it has received a $10 million growth investment led by Peterson Partners, a Salt Lake City-based firm whose investments have included Allbirds, solidcore, Bonobos, Rails Clothing, and Madison Reed.

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Peterson Private Equity provides growth capital to Pupford | Peterson Partners

Peterson Partners — Thu, 03 Sep 2026 19:13:41 GMT

Peterson Private Equity has invested in Pupford, a Utah-based direct-to-consumer (DTC) pet brand providing dog owners the resources they need to train and raise healthy dogs, beginning at the puppy stage.

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Don’t forget to ask: What if this works? | Peterson Partners

Ben Capell — Thu, 03 Sep 2026 19:13:29 GMT

I have learned to not just ask the question, what do we have to believe for this to work? I also ask, and encourage my team to ask, what if this works? The interplay between these two questions is what has become so important, as we have learned to take more risk on “what we have to believe” if we see a compelling opportunity when we ask ourselves “what if this works.”

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Black Mountain Software Acquires Cascade Software Systems | Peterson Partners

admin — Thu, 03 Sep 2026 19:12:07 GMT

Black Mountain Software, a portfolio company of Peterson Partners, Acquires Cascade Software Systems to Enhance Government Accounting Solutions

Polson, MT, February 27, 2024 – Black Mountain Software, a leading provider of accounting and billing software for local government organizations, announced the acquisition of Cascade Software Systems, a prominent provider of integrated cost and project accounting solutions. This strategic acquisition is poised to bolster Black Mountain’s comprehensive suite of solutions, further solidifying its position as a premier partner to municipalities, counties, special districts, and schools across the United States.Founded with a commitment to serving small-town America, Black Mountain Software has earned a reputation for its industry-leading government accounting software and unwavering dedication to customer support. With over 30 years of experience, Black Mountain has established itself as a trusted ally to more than 650 local government entities spanning 24 states.

Cascade Software Systems, with a legacy of over three decades, has been at the forefront of providing specialized cost accounting solutions tailored to the unique needs of government agencies. Cascade’s flagship product, WinCAMS, seamlessly integrates various cost accounting modules, including time tracking, payables, equipment usage, work orders, and inventory management, streamlining processes and enhancing efficiency for its clients.

Commenting on the acquisition, Black Mountain Co-CEO, Mike Fabrizio, remarked, “This acquisition represents a significant milestone for Black Mountain as we continue to expand our offerings and reach within the government accounting sector. By incorporating Cascade’s expertise and innovative solutions into our portfolio, we are strengthening our ability to deliver unparalleled value to our clients.”

Ayren Spinner, Chief Operating Officer of Cascade Software Systems, will join Black Mountain Software as President of Cascade. Spinner stated, “We are excited about the opportunities this partnership presents for both companies and for our clients. This strategic move allows us to combine our strengths and resources to better serve our clients, without any anticipated changes to our products or level of service. If anything, clients can expect an even higher level of support and innovation as we move forward together.”

Black Mountain partnered with private equity firm Peterson Partners in 2022 to help accelerate product expansion and innovation, as well as growth beyond current geographies. Together with Peterson, Black Mountain is focused on strategies to continue growth and better serve small to medium-sized local governments.

For more information about Black Mountain Software and Cascade Software Systems, visit www.blackmountainsoftware.com and www.cascadegovsoftware.com.

Exclusive: Seed Investor Peterson Ventures Raises $140M To Fund Startups From Utah And Stanford Business School | Peterson Partners

admin — Thu, 03 Sep 2026 19:11:54 GMT

Peterson Ventures has closed on a total of $140 million for its fourth fund as well as its first opportunity fund, which gives it the chance to continue investing in its best portfolio companies as they scale.

Read more here.