About us
A long-term owner of enduring software businesses.
Federation SaaS is a permanent-capital holding company that acquires profitable B2B software businesses and holds them indefinitely, providing the capital, technology and capabilities to help each business compound over the long term.
Where we invest
Europe and North America.
We acquire platform companies across Europe and North America, with a focus on founder-led, mission-critical B2B software businesses. Add-on acquisitions for companies we already own can come from anywhere.
Team
The people behind Federation.
Federation is built by investors and operators who have acquired, integrated and scaled B2B software businesses globally.
Software M&A across private equity and investment banking. Led and executed vertical software acquisitions at Accel-KKR and technology M&A at Citi, spanning more than $2bn of transaction value.
Thirty years in software investing, corporate development and operations at Cisco, Microsoft and BCG. Brings the enterprise-technology and integration discipline that turns acquisitions into operating businesses.
Commercial leadership in vertical software, including building and running revenue functions inside acquired B2B software businesses at ESW Capital — pricing, retention and go-to-market in the post-acquisition period.
Finance leadership in acquisition-led software groups: group reporting, treasury, financial integration and the operating cadence that keeps a multi-company platform accountable.
Ivan Bajic
Co-Founder & Non-Executive DirectorFounder of Golden Square Capital. Has built and scaled buy-and-build platform businesses through multiple ownership cycles.
Parth Das
Co-Founder & Non-Executive DirectorFounder of Collective Ace Group, built through 15+ acquisitions in four years. Software engineer by background.
Experience from leading institutions.
Our values
How we operate.
The principles that guide how we invest, build and work together.
- 01OwnershipWe think like owners because we are owners. We buy businesses to hold for the long term, not to sell when a fund cycle ends. That changes how we invest, how we treat customers and how we make decisions.
- 02PartnershipAn acquisition should create a stronger business, not take control away from the people who know it best. We work with founders and management teams as partners, respecting the knowledge, relationships and culture they have built.
- 03CompoundingGreat businesses get better one improvement at a time. Better products, happier customers, stronger teams and more efficient operations compound over years. We focus on the things that create lasting improvement rather than short-term results.
- 04CandourWe say what we think and address problems early. With founders, investors and each other, we would rather have a difficult conversation than let an issue become a bigger one. Long-term relationships depend on being straightforward.
- 05AutonomyThe people closest to the customer should make the decisions that matter. Federation provides capital, technology, expertise and shared capabilities where they help, while keeping decision-making close to the business.
- 06DisciplineWe have a clear view of what we buy, how we value it and how we create value. We follow that framework consistently and are willing to walk away when a business or transaction does not meet our standards.
Contact
Get in touch.
- Partnerships and acquisitionspartnership@federationsaas.com
- Mediamedia@federationsaas.com
- OfficesLuxembourg, headquarters
London, operations
If you’ve built something essential, we should talk.
Even if you are years from a decision. Most of the conversations we value started that way.