{"id":246660,"date":"2026-06-09T02:54:04","date_gmt":"2026-06-09T02:54:04","guid":{"rendered":"https:\/\/evertise.net\/?p=134296"},"modified":"2026-06-09T02:54:04","modified_gmt":"2026-06-09T02:54:04","slug":"solen-software-group-expands-software-portfolio-and-earns-national-recognition-for-permanent-capital-approach","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2026\/06\/09\/solen-software-group-expands-software-portfolio-and-earns-national-recognition-for-permanent-capital-approach\/","title":{"rendered":"Solen Software Group Expands Software Portfolio and Earns National Recognition for Permanent Capital Approach"},"content":{"rendered":"<p><i><span style=\"font-weight: 400\">Solen Software Group, a permanent-capital operator of mission-critical software businesses, reports a year of portfolio expansion, new founder partnerships, and national industry recognition, alongside continued hiring across its offices in the United States, Canada, Brazil, and Portugal.<\/span><\/i><\/p>\n<p><b>SALT LAKE CITY, Utah &#8211; <\/b><span style=\"font-weight: 400\">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.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-134297\" src=\"https:\/\/evertise.net\/wp-content\/uploads\/2026\/06\/11.jpg\" alt=\"\" width=\"1430\" height=\"954\" srcset=\"https:\/\/evertise.net\/wp-content\/uploads\/2026\/06\/11.jpg 1430w, https:\/\/evertise.net\/wp-content\/uploads\/2026\/06\/11-300x200.jpg 300w, https:\/\/evertise.net\/wp-content\/uploads\/2026\/06\/11-1024x683.jpg 1024w, https:\/\/evertise.net\/wp-content\/uploads\/2026\/06\/11-768x512.jpg 768w\" sizes=\"(max-width: 1430px) 100vw, 1430px\" \/><\/p>\n<p><span style=\"font-weight: 400\">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.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Solen operates as a <\/span><a href=\"https:\/\/solensoftwaregroup.com\/about\"  rel=\"noopener\"><span style=\"font-weight: 400\">permanent capital<\/span><\/a><span style=\"font-weight: 400\"> partner rather than a short-term owner. The firm reinvests in product, talent, and customer success, and keeps each company&#8217;s brand, team, and systems in place. Its stated focus is long-term ownership of <\/span><a href=\"https:\/\/solensoftwaregroup.com\/companies\"  rel=\"noopener\"><span style=\"font-weight: 400\">mission-critical software companies<\/span><\/a><span style=\"font-weight: 400\"> 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.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The company&#8217;s growth has been accompanied by external recognition. Solen Software Group was named to the 2025 <\/span><a href=\"https:\/\/www.inc.com\/inc5000\"  rel=\"noopener\"><span style=\"font-weight: 400\">Inc. 5000<\/span><\/a><span style=\"font-weight: 400\"> list of the fastest-growing private companies in the United States, earned <\/span><a href=\"https:\/\/www.greatplacetowork.com\/\"  rel=\"noopener\"><span style=\"font-weight: 400\">Great Place to Work<\/span><\/a><span style=\"font-weight: 400\"> Certification, and was named to the <\/span><a href=\"https:\/\/www.axial.net\/forum\/the-top-50-lower-middle-market-technology-investors-ma-advisors-2026\/\"  rel=\"noopener\"><span style=\"font-weight: 400\">Axial Top 50 Lower Middle Market Technology Investors<\/span><\/a><span style=\"font-weight: 400\"> list for 2026.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cWe 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,\u201d said Alexander Spencer, Founder and Chief Executive Officer of Solen Software Group.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Solen has also expanded its global team. The firm is headquartered in Salt Lake City, Utah, and operates offices in New York City, Toronto, S\u00e3o 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.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cAt 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,\u201d said Bruna Silva, Director of Talent at Solen Software Group.<\/span><\/p>\n<p><span style=\"font-weight: 400\">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.<\/span><\/p>\n<p><b>About Solen Software Group<\/b><\/p>\n<p><span style=\"font-weight: 400\">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.<\/span><\/p>\n<p><b>Media Contact<\/b><\/p>\n<p><span style=\"font-weight: 400\">Business Name: Solen Software Group, Inc.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Contact Name: Lizzie Rosegrant\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Email: press@solensoftwaregroup.com<\/span><\/p>\n<p><span style=\"font-weight: 400\">Website: <\/span><a href=\"https:\/\/solensoftwaregroup.com\/\"  rel=\"noopener\"><span style=\"font-weight: 400\">https:\/\/solensoftwaregroup.com<\/span><\/a><span style=\"font-weight: 400\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Country: United States<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solen Software Group, a permanent-capital operator of mission-critical software businesses, reports a year of portfolio expansion, new founder partnerships, and national industry recognition, alongside continued hiring across its offices in the United States, Canada, Brazil, and Portugal. SALT LAKE CITY, Utah \u2013 Solen Software Group, a permanent-capital firm that acquires and operates mission-critical software companies, [\u2026] <a href=\"https:\/\/ipsnews.net\/business\/2026\/06\/09\/solen-software-group-expands-software-portfolio-and-earns-national-recognition-for-permanent-capital-approach\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":271,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57],"tags":[],"class_list":["post-246660","post","type-post","status-publish","format-standard","hentry","category-ips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solen Software Group Expands Software Portfolio and Earns National Recognition for Permanent Capital Approach - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2026\/06\/09\/solen-software-group-expands-software-portfolio-and-earns-national-recognition-for-permanent-capital-approach\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solen Software Group Expands Software Portfolio and Earns National Recognition for Permanent Capital Approach - Business\" \/>\n<meta property=\"og:description\" content=\"Solen Software Group, a permanent-capital operator of mission-critical software businesses, reports a year of portfolio expansion, new founder partnerships, and national industry recognition, alongside continued hiring across its offices in the United States, Canada, Brazil, and Portugal. 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