Five Elms Capital

Five Elms Capital is a growth equity firm that invests in fast-growing B2B software companies, and is headquartered in Kansas City, Missouri. The organization provides capital investments ranging from $15 million to over $150 million for majority or minority stakes, focusing on founder-owned businesses to accelerate market expansion and improve sales efficiency. Five Elms Capital currently manages $3 billion in assets under management and operates with a dedicated team of over 80 professionals. The firm's historical investment track record includes more than 400 transactions, 42 exits, and 41 active portfolio companies, guided by managing directors Thomas Kershisnik and Randy Cox, alongside value creation director Mike Welch. In July 2021, the firm expanded its capital base by closing its Growth Equity Fund V with $780 million. Five Elms Capital was founded in 2007 by Fred Coulson.