2020 Mid-Year Update
We started this year with the close and announcement of our $750 million Fund IV, focused on SaaS and tech-enabled service businesses. In the spring, the coronavirus crisis began to unfold. Since then, our companies have been mobilizing to support their employees, customers, and communities in which they operate. Our companies are actively responding to COVID-19 by hosting webinars that help builders navigate the evolving crisis, creating dashboards that display critical data for the staffing industry, providing restaurants with actionable tactics on how to adapt, and many other initiatives. You can read more about their responses on our COVID-19 Resource Page.
Since Serent Capital’s founding, we set our sights on building a distinctive firm that was more than a financial investor and was a true partner. The commitment as a true partner takes on particular importance during turbulent periods like the ones we are living in today.
At Serent, we work every day to ensure we honor that commitment. Our team has been adapting to the current environment and we continue to ensure we are there for those important calls from our portfolio founders and leaders, day or night. To support our companies, our Growth Team has been leading regular webinars, Q&A sessions, and sharing best practices to ensure our leaders have the support and information they need for their employees and customers. While we don't know what the rest of the year holds, we do know we will continue to honor our commitment as a partner in our everchanging world.