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M/C Partners

North America, Massachusetts, United States, Boston

Description

M/C Partners is a well-established private equity firm based in Boston, Massachusetts, with a specialized focus on the communications, technology, and media services sectors. Founded in 1986, the firm boasts a long track record of investing in small and mid-sized businesses, leveraging decades of experience to identify and cultivate growth opportunities within these dynamic industries. Their investment philosophy centers on partnering with management teams to drive strategic initiatives and operational improvements.

The firm's investment strategy targets profitable and growing companies, typically those with enterprise values ranging from $25 million to $250 million. M/C Partners is known for its flexible investment approach, engaging in various transaction types including growth equity, buyouts, and recapitalizations. A key characteristic of their investment model is the significant equity commitment they make per transaction, typically investing between $20 million and $60 million. This substantial capital injection is designed to support company expansion, facilitate acquisitions, or provide liquidity solutions.

M/C Partners is currently deploying capital from its latest fund, M/C Partners VIII, L.P., which closed with $350 million in commitments. This fund continues the firm's tradition of backing companies that are poised for significant growth within their niche markets. Their expertise spans various sub-sectors, including managed services, infrastructure, software, and digital media, reflecting a deep understanding of the evolving landscape of communications and technology. The firm's consistent focus and long-term perspective have allowed them to build a robust portfolio and achieve successful exits over their extensive history.

Investor Profile

M/C Partners has backed more than 21 startups, with 1 new investments in the last 12 months alone. The firm has led 8 rounds, about 38% of its total and boasts 22 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Private Equity, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Slovakia (Slovak Republic).
  • Strong thematic focus on Information Technology, Internet, Telecommunications.
  • Led 1 rounds in the past year.
  • Typical check size: $20M – $60M.

Stage Focus

  • Series Unknown (38%)
  • Private Equity (19%)
  • Series C (14%)
  • Series B (10%)
  • Series A (10%)
  • Debt Financing (5%)
  • Series D (5%)

Country Focus

  • United States (95%)
  • Country not foundSlovakia (Slovak Republic) (5%)

Industry Focus

  • Information Technology
  • Internet
  • Telecommunications
  • Mobile
  • Wireless
  • Voip
  • Apps
  • Software
  • Consulting
  • Information Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does M/C Partners frequently co-invest with?

Oak Investment Partners
North America, Connecticut, United States, Wilton
Co-Investments: 2
Dolphin Equity Partners
North America, New York, United States, New York
Co-Investments: 2
HarbourVest Partners
North America, Massachusetts, United States, Boston
Co-Investments: 2
J.H. Whitney & Co
North America, Connecticut, United States, New Canaan
Co-Investments: 2
Fidelity Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 3
Spectrum Equity
North America, California, United States, San Francisco
Co-Investments: 2
Columbia Capital
North America, Virginia, United States, Alexandria
Co-Investments: 3
Key Venture Partners
North America, Massachusetts, United States, Boston
Co-Investments: 3
Osbon Capital Management
North America, Massachusetts, United States, Boston
Co-Investments: 3
Crescendo Ventures
North America, California, United States, Palo Alto
Co-Investments: 2

Which angels does M/C Partners often collaborate with?

FS
North America, Massachusetts, United States, Boston
Shared Deals: 1

What are some of recent deals done by M/C Partners?

The Institute for Corporate Productivity

Seattle, Washington, United States

The Institute for Corporate Productivity is a corporate network focused on the practices of high-performance organizations.

Human ResourcesInformation TechnologyInnovation ManagementKnowledge ManagementSearch Engine
Private EquityApr 8, 2025
DAS42

New York, New York, United States

DAS42 is a technology to bring data and analytics together.

AnalyticsBig DataBusiness IntelligenceCloud Data ServicesData Integration
Series UnknownMay 4, 2021
PlumChoice

Billerica, Massachusetts, United States

PlumChoice is purpose‑built to solve complex technical needs, forging brand loyalty and increased revenues for their partners.

ConsultingInformation ServicesInformation Technology
Series UnknownOct 11, 2016
INVOLTA

Cedar Rapids, Iowa, United States

Involta builds, owns, and operates multi-tenant data centers in secondary markets throughout the United States.

Information TechnologyService IndustryWeb Hosting
Series UnknownJun 30, 2014
Amount Raised: $50,000,000
Benestra

Bratislava, Bratislava, Slovakia (Slovak Republic)

Benestra is a telecommunications company that provides a comprehensive portfolio of voice, data, internet, hosting, and cloud services.

Data CenterInternetTelecommunications
Series UnknownJan 1, 2014
PlumChoice

Billerica, Massachusetts, United States

PlumChoice is purpose‑built to solve complex technical needs, forging brand loyalty and increased revenues for their partners.

ConsultingInformation ServicesInformation Technology
Debt FinancingMay 4, 2011
Amount Raised: $25,600,000
Airband Communications Holdings

Dallas, Texas, United States

Airband is a fixed-wireless broadband provider offering high-speed data, VoIP and security solutions for businesses in the U.S.

MobileTelecommunicationsVoIPWireless
Series UnknownAug 19, 2010
Amount Raised: $11,000,000
Hyperformix

Austin, Texas, United States

HyPerformix provides software and services for application profiling, IT decision support, and detailed performance operations.

AppsInformation TechnologySoftware
Series UnknownMar 3, 2009
Amount Raised: $3,800,000
Airband Communications Holdings

Dallas, Texas, United States

Airband is a fixed-wireless broadband provider offering high-speed data, VoIP and security solutions for businesses in the U.S.

MobileTelecommunicationsVoIPWireless
Series UnknownJun 1, 2008
Amount Raised: $2,500,000
Zayo

Boulder, Colorado, United States

Zayo is an international provider of dark fiber, lit and IP services, and carrier-neutral colocation and interconnection.

InternetMobileTelecommunications
Private EquityAug 30, 2007
Amount Raised: $225,000,000