Wavecrest Growth Partners Closes First Fund, at $190M
Summary
Wavecrest Growth Partners , a Boston, MA-based private equity firm, closed its first fund, at over $190m. Backers included public pension funds, endowments and foundations, fund-of-funds, insurance companies, and family offices. The fund invests between $7m and $30m in B2B technology companies that have a proven product, market, and business model. – Tier1CRM, a vertical CRM software company serving financial services firms; and Founded by partners Deepak Sindwani and Vaibhav Nalwaya, Wavecrest is a growth equity firm that backs capital-efficient B2B technology entrepreneurs outside of Silicon Valley to accelerate their business plans and optimize performance through a combination of capital and real operating knowledge and experience.
Funding
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