PEStore

Growth Equity

Silversmith Capital

Silversmith Capital takes minority stakes in growing companies, usually without full control, from Boston, Massachusetts, United States. It states a focus on software & internet and healthcare & life sciences.

Capital raised$7.4bnacross 15 SEC-filed vehicles
Most recent fund2025filing since 2015
HeadquartersBoston, Massachusetts, United States
Stated fund size$1.7B Fund V (closed July 2025)

Stated investment criteria

What Silversmith Capital says it buys

Read from Silversmith Capital’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

Minimum revenue it states$10m1
Transaction typesGrowth2
People listed on its team page593

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. The team figure counts the people the firm shows on one team page, so it is a floor rather than a headcount: firms that split their team across tabs or load it in pages will read low. Nothing here is a commitment by Silversmith Capital to consider any particular business, and nothing on this page is represented as being for sale.

SEC filings

What Silversmith Capital has raised

From this firm's own Form D filings. A fund files one within fifteen days of its first sale, under penalty of perjury, which makes these the hardest numbers on the page.

Vehicles filed15
Total capital raised$7.4bn
Largest single vehicle$1.6bn
Filing history2015 to 2025
Smallest accepted commitmentNone stated
Filed fromMASSACHUSETTS

Form D covers US-domiciled vehicles raised from accredited investors. It will not capture a fund raised outside the United States, separately managed accounts, or capital deployed off balance sheet, so treat these as a floor rather than a total.

Regulatory record

How Silversmith Capital is registered

From this firm's Form ADV, the annual filing every registered and exempt investment adviser makes to the SEC.

Adviser statusSEC registered
Regulatory assets under management$7.2bn
Employees38
Private funds advised24 · $7.2bn gross
SEC adviser numberCRD 281620

Valuation context

Transaction values in Software & Internet

What companies have actually sold for in software & internet, across 2,672 recorded transactions.

Median consideration$80m
Middle 50%$20m-$250m
Revenue multiple2.2×
EBITDA multiple10.9×

The full software & internet picture - most active acquirers, recent transactions and every investor in the sector.

For owners

Own a software & internet business?

The investors on this page acquire companies like yours. A confidential valuation costs nothing, commits you to nothing, and nobody is told you asked.

Request a confidential valuation

For investors

Is this Silversmith Capital?

Claim this profile to correct anything wrong and tell us what you are looking for. We will send matching opportunities as they arise.

Claim or correct this profile

Targeted buyer search

Which hundred of these would actually buy your business?

A researched shortlist with a verified deal-team contact for each, and the reason it is on the list. Fixed fee, from $1,450 - or we make the approach for you and hand you the conversations.

See how it works

Comparable investors

Similar mandates

Other growth equity investors active in software & internet.