Growth equity firm

Silversmith Capital Partners

  • HeadquartersBoston, MA S6
  • Founded2015 S6
  • Websitesilversmith.com
  • Last verifiedOctober 20, 2026

At a glance

Assets under management$5B (as of Sep 2026) S7
Latest fundSilversmith Capital Partners Fund V, $1.7B (Jul 2025) S5
Revenue range$10M+ S2
Check size$20M to $125M S2
Deal typesGrowth, Minority, Add-on S5
GeographyUnited States, Canada, Europe S3
SectorsSoftware & SaaS, Healthcare Services, IT Services & MSP, Cybersecurity, Wealth Management

What Silversmith Capital Partners buys

Silversmith is a Boston growth equity firm, started in 2015, that backs founder-led companies in two areas: software and information services, and healthcare IT and services. Its stated targets are more than $10 million of revenue, growth above 20% a year, and breakeven or better results, usually at companies that grew without much outside money. It writes checks of $20 million to $125 million, and its funds take both minority and majority stakes. The firm says more than 70% of its capital goes in as a company's first institutional investor.

Silversmith manages more than $5 billion, including the $1.7 billion Fund V it closed in July 2025. A company below its size floor is most likely to meet Silversmith as an add-on to one of its holdings. Earned, its wealth platform for doctors, has bought tax, insurance, legal and advisory firms; Fortified Health Security, a healthcare security services provider, bought Latitude in 2025; and TMA Systems, Net Health and Validity buy other software companies.

Recent deals

Announced in the 24 months before October 20, 2026.

DateCompanyTypeSectorSource
Sep 2026VantoraMore than $100 million for the profitable company that builds AI ventures inside industrial enterprises; its first outside capitalGrowthSource
Sep 2026Perry Weather$110 million growth round led by Silversmith for the Dallas weather safety platform, with Arthur Ventures joiningGrowthSoftware & SaaSSource
Jul 2026Talon.OneAcquisition by Adyen completed, about a year after Silversmith investedExitSoftware & SaaSSource
Jun 2026Centauri Health SolutionsAbry Partners moved the company into a $780 million continuation vehicle; Silversmith now lists it as exitedExitSource
May 2026VastianBregal Sagemount invested alongside Silversmith, an existing backer, in the lab and hospital quality software companyInvestmentSoftware & SaaSSource
Mar 2026Vidoso.aiAdded to WebflowAdd-onSoftware & SaaSSource
Jan 2026Keet HealthRehab therapy technology bought from WebPT by Net HealthAdd-onSoftware & SaaSSource
Jan 2026brightfinCombined with Proven Optics, which later took the Brightfin nameAdd-onSoftware & SaaSSource
Dec 2025SkillCorner$60 million for the Paris sports tracking and performance data companyGrowthSoftware & SaaSSource
Dec 2025SpacelistAdded to RentsyncAdd-onSoftware & SaaSSource
Dec 2025OJM GroupAdded to Earned, bringing nearly $1 billion of client assetsAdd-onWealth ManagementSource
Nov 2025Dental & Medical CounselLegal services firm for healthcare professionals added to EarnedAdd-onAccounting & Professional ServicesSource
Oct 2025MeridianLinkCenterbridge Partners completed its take-private of the lending software company; Silversmith lists MeridianLink as a current holdingInvestmentSoftware & SaaSSource
Oct 2025PearsonRavitzPhysician disability and life insurance firm added to EarnedAdd-onInsurance BrokerageSource
Sep 2025LatitudeCybersecurity advisory firm added to Fortified Health SecurityAdd-onCybersecuritySource
Sep 2025Facil-ITAdded to TMA SystemsAdd-onSoftware & SaaSSource
Aug 2025Schwartz & SchwartzNew England tax and accounting firm for healthcare clients added to EarnedAdd-onAccounting & Professional ServicesSource
Jul 2025Silversmith Capital Partners Fund V$1.7 billion, closed at its hard cap three months after launchFund closeSource
Jul 2025Iodine SoftwareAgreement for Waystar to acquire the clinical documentation software companyExitSoftware & SaaSSource
Jul 2025Talon.One$135 million round from Silversmith and Meritech for the Berlin promotions and loyalty software companyGrowthSoftware & SaaSSource
May 2025RentsyncSilversmith led the first institutional investment in the Canadian rental housing software and data companyGrowthSoftware & SaaSSource
Apr 2025MedAlliesHealth data network added to Centauri Health SolutionsAdd-onSource
Apr 2025Chahal & AssociatesAdded to EarnedAdd-onWealth ManagementSource
Apr 2025LitmusMarketing software company added to ValidityAdd-onSoftware & SaaSSource
Mar 2025EQ2 HEMSAdded to TMA SystemsAdd-onSoftware & SaaSSource

Portfolio by sector

From the firm's portfolio page S3.

Healthcare IT & Services

  • Advanced Medical Strategies
  • Earned Wealth
  • EvolveNXT
  • Fortified Health Security
  • Further
  • LifeStance Health
  • Med Tech Solutions
  • Net Health
  • Nira Medical
  • Sound Physicians
  • Upperline Health
  • US Health Partners
  • Vastian
  • Within3

SaaS & Information Services

  • ActiveCampaign
  • Appfire
  • Apryse
  • Ascend Analytics
  • Brightfin
  • CollegeVine
  • Constructor.io
  • eOne Solutions
  • Gearset
  • GiveCampus
  • Impel
  • Intellistack
  • JETNET
  • MeridianLink
  • Microblink
  • Northbeam
  • Novatus
  • Onbe
  • Opensignal
  • Perry Weather
  • Rentsync
  • SkillCorner
  • Sonera
  • TMA Systems
  • Unily
  • Validity
  • Vantora
  • Webflow
  • Worldly
  • Zonos

Past investments: Talon.One, Iodine Software, Centauri Health Solutions

Greymont’s take

How Silversmith Capital Partners fits a seller

Silversmith suits the founder of a profitable, fast-growing software or healthcare technology company who wants a first outside partner without handing over the business. Many of its new deals are growth rounds where the founder stays in charge, such as Rentsync in 2025 and Perry Weather in 2026, and the firm reports that 89% of the founders it backs stay on. Owners of smaller firms that serve doctors, or of healthcare security firms, are more likely to sell to one of its platforms, such as Earned or Fortified Health Security.

Holding periods vary. Talon.One was sold to Adyen about a year after Silversmith invested, while Appfire and Apryse are still held after partial sales. An owner should ask whether the deal is a minority or majority stake, what approval rights come with it, and who decides when the company is sold.

Questions owners ask

What size company does Silversmith invest in?

Its stated criteria are more than $10 million of revenue, growth above 20% a year, and breakeven or profitable operations. It invests $20 million to $125 million in each company.

Does Silversmith take majority control?

Not always. Its Fund V announcement says the fund makes both minority and majority investments, and its recent new deals, including $60 million in SkillCorner and $110 million in Perry Weather, were growth rounds with the founders still leading the companies.

Does Silversmith buy IT services or cybersecurity firms?

Through its portfolio, yes. Fortified Health Security, a managed security services provider for the healthcare industry, is a current holding and bought the cybersecurity advisory firm Latitude in September 2025. Med Tech Solutions, an IT provider for healthcare organizations, is also a current holding.

Does Silversmith buy wealth management or accounting firms?

Its portfolio company Earned, a wealth manager for doctors, has been buying firms that serve medical professionals: Chahal & Associates, the tax and accounting firm Schwartz & Schwartz, PearsonRavitz in disability and life insurance, Dental & Medical Counsel in legal services, and OJM Group, which added nearly $1 billion of client assets.

Sources

  1. S1Silversmith Capital Partners home page Accessed October 20, 2026
  2. S2Silversmith: Our Approach (investment criteria) Accessed October 20, 2026
  3. S3Silversmith: Portfolio Accessed October 20, 2026
  4. S4Silversmith: News Accessed October 20, 2026
  5. S5Silversmith Capital Partners Closes $1.7 Billion Fifth Fund (July 31, 2025) Accessed October 20, 2026
  6. S6Perry Weather Lands $110M Growth Investment (September 9, 2026) Accessed October 20, 2026
  7. S7Vantora Secures More Than $100 Million From Silversmith Capital Partners (September 16, 2026) Accessed October 20, 2026
  8. S8Silversmith portfolio: Fortified Health Security Accessed October 20, 2026
  9. S9Silversmith portfolio: Med Tech Solutions Accessed October 20, 2026
  10. S10Silversmith portfolio: Earned Wealth Accessed October 20, 2026
  11. S11Rentsync Raises Significant Growth Investment Led by Silversmith Capital Partners (May 13, 2025) Accessed October 20, 2026
  12. S12Silversmith 2025 Year in Review Accessed October 20, 2026

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

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