Investment Principles

We invest in later stage healthcare, software (primarily Software-as-a-Service 'SaaS'), and tech-enabled business services companies located throughout the United States. We focus on companies with proven business models, experienced management teams and predictable revenue and profit growth. Target companies are expected to have the following characteristics:

  • Annual Revenues between $5 million and $50 million
  • Profitable or near EBITDA positive
  • High revenue growth rates
  • Recurring revenue business model
  • Diversified and verifiable customer base
  • High gross profit margin and low capital expenditures

Ticonderoga is focused on identifying the best opportunities in the following types of businesses:

Healthcare

  • Payor-side Claim Integrity Systems
  • Revenue Cycle Management
  • Disease Management
  • Clinical Research Management
  • Healthcare IT (Software)

Software

  • Customer Relationship Management
  • Supply Chain Management
  • Content Management
  • Revenue optimization
  • Security
  • Business Intelligence

Tech-Enabled Business Services

  • Business Process Outsourcing
  • Market Research