Pete Lloyd

I could not verify a public biography, education history, LinkedIn profile, headshot, or current PeakEquity title for Pete Lloyd from primary web sources. The email address in the stub, [hidden], also did not appear in the public sources I could verify. PeakEquity’s current team page does not list Pete Lloyd; it lists Emily Cooney as CFO.

The verified firm connected to the stub data is PeakEquity Partners, a Villanova, Pennsylvania-based private equity firm focused entirely on software investments. PeakEquity describes itself as “100% focused on investments in software companies” and targets lower-middle-market software businesses where it can provide both capital and operating support.

PeakEquity Partners was formed in 2014 by Greg Case and Paul Winn, with Ric Andersen joining in 2015 and D.J. Andrzejewski joining in 2014. The firm closed its first institutional fund in February 2017 at more than $137 million, above its $100 million target, and said at the time that it specialized in majority buyouts and minority recapitalizations of enterprise software and solutions businesses.

• PeakEquity focuses on software businesses, not seed-stage startups. Its stated criteria are lower-middle-market software companies with $10 million to $50 million in revenue/ARR.
• The firm targets majority or minority investments and currently lists a target investment size of $20 million to $75 million+.
• PeakEquity looks for large addressable markets, proven technology, market-tested products, demonstrated traction, referenceable customers, strong gross margins, retention, subscription revenue, and established customer bases.
• Sector focus includes infrastructure software, application software, vertical software, business analytics/intelligence, marketing technology, supply chain management, information security, and human capital management.
• The firm’s operating angle is central: PeakEquity says it provides operating resources to help companies capture market leadership and reach growth objectives.
• A founder should expect diligence around recurring revenue quality, customer retention, market size, product maturity, and whether the company can scale with go-to-market and operating support.