-- Solen Software Group, a permanent-capital firm that acquires and operates mission-critical software companies, has outlined a sustained period of growth marked by new portfolio partnerships, expanded global operations, and recognition from national business and industry organizations. The company partners with founders of enterprise B2B software businesses to support long-term ownership without predefined exit timelines.
Over the past year, Solen has continued to add founder-built software companies to its portfolio across a range of industries, including fleet and transit management, agriculture, media and entertainment, healthcare, energy, and government. Recent additions include Trackit, a transit technology provider serving more than 100 locations, Thought Foundry in media and entertainment software, and Cairn Applications. These join a portfolio that includes Track Star, Champ Software, Primate Technologies, Spokane Software Systems, viaPeople, and SMRTR.
Solen operates as a permanent capital partner rather than a short-term owner. The firm reinvests in product, talent, and customer success, and keeps each company's brand, team, and systems in place. Its stated focus is long-term ownership of mission-critical software companies that hold deep domain expertise and durable customer relationships. The approach has been built by a team with a combined track record of more than 100 middle-market software investments and over 50 years of SaaS operating experience, with a stated standard of 60 days from letter of intent to closing.
The company's growth has been accompanied by external recognition. Solen Software Group was named to the 2025 Inc. 5000 list of the fastest-growing private companies in the United States, earned Great Place to Work Certification, and was named to the Axial Top 50 Lower Middle Market Technology Investors list for 2026.
“We share your entrepreneurial roots and know that it takes time to build something meaningful. We partner alongside founders building resilient software businesses in enterprise B2B software markets with happy customers and great teams,” said Alexander Spencer, Founder and Chief Executive Officer of Solen Software Group.
Solen has also expanded its global team. The firm is headquartered in Salt Lake City, Utah, and operates offices in New York City, Toronto, São Paulo, and Lisbon, with active hiring across operating, mergers and acquisitions, and corporate functions. Talent development sits at the center of the operating model, supported by peer learning programs and a structured operating framework used across portfolio companies.
“At Solen, people are at the core of everything we do. The commitment to investing in talent goes beyond professional development. It is about cultivating a culture where individuals are valued, challenged, and supported to grow,” said Bruna Silva, Director of Talent at Solen Software Group.
Solen continues to evaluate new partnerships with founders of mission-critical software companies and welcomes introductions from operators and advisors. Additional information about the company, its portfolio, and its long-term approach is available at solensoftwaregroup.com.
About Solen Software Group
Solen Software Group is a permanent-capital acquirer and operator of resilient, mission-critical software businesses serving enterprise B2B markets. The company works with founders to partner, grow, and sustain software businesses, preserving their core values while supporting long-term product innovation, customer success, and team development. Solen operates without predefined exit timelines, investing for decades. Headquartered in Salt Lake City, Utah, Solen operates across North America, South America, and Europe.
Contact Info:
Name: Lizzie Rosegrant
Email: Send Email
Organization: Solen Software Group, Inc.
Website: https://solensoftwaregroup.com
Release ID: 89194295
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