Enterprise software private equity firm

Cuadrilla Capital

At a glance

Assets under management$500M (as of Jul 2025) S11
Revenue range$8M to $28M S1
Deal typesPlatform, Add-on, Growth S1
SectorsSoftware & SaaS

What Cuadrilla Capital buys

Cuadrilla Capital is a Santa Barbara private equity firm that invests only in enterprise software, with a current focus on AI-powered products. It looks for companies with $8 million to $28 million of core annual recurring revenue (ARR). A target can be profitable, at breakeven, or in its final years of losses. Deals are control-oriented and pair a recapitalization with growth capital. The firm started in 2021, and its 2025 press releases report more than $500 million of assets under management.

Cuadrilla sizes deals on ARR, not EBITDA, and publishes no check size. It has backed six platforms: Agilence, InfoDesk, Chartbeat, Gluware, Repsly and TigerGraph. It also buys smaller software companies for them, such as FatTail for Chartbeat in March 2025 and IntelliQ for Agilence in May 2024. A software company below the ARR range is most likely to meet Cuadrilla as an add-on to one of those platforms. Businesses outside software are not a fit.

Recent deals

Announced in the 24 months before November 5, 2026.

DateCompanyTypeSectorSource
Jul 2025TigerGraphGraph database and AI infrastructure company. New funding from Cuadrilla, with no stake statedGrowthSoftware & SaaSSource
Mar 2025FatTailAdvertising revenue management software, added to ChartbeatAdd-onSoftware & SaaSSource
Jan 2025RepslyBoston retail execution software used by over 600 consumer goods companies and retail service providersPlatformSoftware & SaaSSource
Jan 2025GluwareSacramento network automation software, led by its co-founder and CEOPlatformSoftware & SaaSSource

Portfolio by sector

From the firm's portfolio page S1.

Part of Agilence

  • IntelliQ

Part of Chartbeat

  • FatTail
  • Lineup Systems
  • Tubular Labs

Part of InfoDesk

  • Wide Narrow

Software & SaaS

  • Agilence
  • Chartbeat
  • Gluware
  • InfoDesk
  • Repsly
  • TigerGraph

Greymont’s take

How Cuadrilla Capital fits a seller

Cuadrilla suits the founder of a business software company with real recurring revenue who is ready to hand over control and wants capital for growth. It stands out for looking at companies still in their last years of losses, not only profitable ones. Owners of any other kind of business should look elsewhere.

Most of its deals were announced as acquisitions, so expect a change of control. Leadership varies: Agilence and Chartbeat kept their CEOs, while InfoDesk got a new CEO who had worked with the Cuadrilla team before. Ask whether you would stay in charge, how much equity you would roll over, and how much debt the company would carry. Chartbeat, for example, later took money from Bain Capital's private credit group to fund more deals.

Questions owners ask

What size software company does Cuadrilla Capital invest in?

Its site lists $8 million to $28 million of core ARR. A company can be profitable, at breakeven, or in its last years of burn, and deals are control-oriented recapitalizations with growth capital.

Does Cuadrilla Capital buy companies outside software?

No. It describes itself as an enterprise software investor, and every company in its current portfolio is a software business, from retail analytics to network automation and graph databases.

Does the CEO stay after Cuadrilla Capital invests?

Often, yes. Its releases said Russ Hawkins would keep leading Agilence and John Saroff would keep leading Chartbeat. At InfoDesk, the firm announced a new leader, Tim Whitehorn, a software executive it had worked with before.

When did Cuadrilla Capital last make a new investment?

The latest on its news page is TigerGraph in July 2025, after Gluware and Repsly in January 2025. That page showed no 2026 deals when this profile was checked in November 2026.

Sources

  1. S1Cuadrilla Capital home page Accessed November 5, 2026
  2. S2Cuadrilla Capital: News Accessed November 5, 2026
  3. S3Cuadrilla Capital Acquires Agilence (October 27, 2021) Accessed November 5, 2026
  4. S4Cuadrilla Capital Acquires InfoDesk (March 9, 2022) Accessed November 5, 2026
  5. S5Cuadrilla Capital Acquires Chartbeat (July 25, 2022) Accessed November 5, 2026
  6. S6Cuadrilla Capital-Backed Agilence Acquires IntelliQ (May 30, 2024) Accessed November 5, 2026
  7. S7Bain Capital Provides Strategic Growth Investment to Cuadrilla-Backed Chartbeat (October 7, 2024) Accessed November 5, 2026
  8. S8Cuadrilla Capital Acquires Gluware (January 8, 2025) Accessed November 5, 2026
  9. S9Cuadrilla Capital Acquires Repsly (January 14, 2025) Accessed November 5, 2026
  10. S10Cuadrilla Capital-Backed Chartbeat Acquires FatTail (March 10, 2025) Accessed November 5, 2026
  11. S11Cuadrilla Invests in TigerGraph (July 15, 2025) Accessed November 5, 2026

Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Cuadrilla Capital. Figures are as reported on the dates shown and may have changed. Request a correction

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