Current Investment
Upshop
Prairie Capital Fund VI
Location | Tampa, FL |
Transaction Type | Growth Buyout with Management |
Investment Date | November 2020 |
Business | Total store operation SaaS platform provider to grocery and convenience stores |
Industry | Technology |
Investment Rationale
- Partnership with management team
- Grocery and convenience stores increasingly adopting technology to manage fresh food creating large addressable market
- Leading cloud-based solution that drives sales and reduces costs and food waste resulting in compelling ROI for customers
- Strong recurring revenue and high customer retention
Value Add
- Human Capital
- Sales & Marketing
- Technology
- New Products
- Add-on Acquisitions
TEAM:
Working with the Prairie team has brought true partners into our business. The team dynamic is positive and productive. I often feel like they are a full time part of our business. From a leadership perspective, I’ve been trusted and respected. I’m inspired by their belief in my vision and their willingness to roll up the sleeves and help our team win.