Elsewhere Partners Expands Leadership Team to Enhance Investment Strategies

Elsewhere Partners, a private equity firm specializing in technology-focused investments, has announced significant promotions within its leadership team to better support its growing investment pipeline. The firm has promoted Sloane Child and Nick Stoffregen to Partner roles while also welcoming Shannon Ward as the new Director of Talent. In addition, the team has grown with the inclusion of Senior Associate Jamol Williams and Associate Javan Rice, strengthening their outreach in the software investment sector.

Founded in 2016, Elsewhere Partners operates as a unique player within the private equity landscape, primarily engaging with lower middle-market software companies that are geared for growth. These companies typically generate revenues ranging from $3 to $12 million, and the firm aims to help them scale by closing the capital gap that can hinder their progress in a competitive market.

Chris Pacitti, Founder and Partner at Elsewhere Partners, emphasized the importance of these new appointments. He stated, "Sloane and Nick have become invaluable leaders within the firm, and they will play an instrumental role as we continue to expand our investments across the US and international markets." Their promotions are intended to facilitate innovative strategies that boost the firm's investment capabilities both domestically and internationally.

In their new positions, Child and Stoffregen will take on elevated responsibilities, including limited partner engagements and leadership within the investment portfolio. Williams and Rice will support various functions including deal origination, due diligence efforts, and the execution of investment strategies. On the human capital front, Ward will spearhead initiatives aimed at talent acquisition and development for portfolio companies, tapping into the firm's extensive network of Operating Advisors to help clients find the right leaders and teams to scale effectively.

Shannon Ward brings a wealth of experience to her new role, having previously held the position of Head of Client Success at MatchDay Health. There, she was instrumental in creating a career marketplace and delivering transformative coaching services. Her expertise in recruiting for high-growth technology firms in both the U.S. and Europe positions her well to enhance the talent strategies at Elsewhere Partners.

Jamol Williams joins the team from Silversmith, where he focused on investment opportunities within software and information services. With substantial experience at Sumeru Equity Partners and Morgan Stanley, he is well-prepared to contribute to Elsewhere’s investment activities. Javan Rice comes from Arrowroot Capital, where he focused on deal origination and portfolio value creation specifically for B2B enterprise software firms.

Elsewhere Partners continues to solidify its presence in the investment space, having successfully executed numerous transactions in the IT infrastructure, cybersecurity, and healthcare sectors. Since Child and Stoffregen joined the firm, they have collectively contributed to 16 investments and facilitated five exits or recapitalizations, marking them as leaders in managing and scaling successful investments.

The strategic moves within Elsewhere Partners are a testament to the firm’s commitment to enhancing its investment expertise and supporting the growth of its portfolio companies. With a focus on building a robust team that can navigate the complexities of the software investment landscape, Elsewhere is poised for continued success as it drives further growth opportunities for both the firm and its clients. As they move forward with these enhancements in their team, Elsewhere Partners reaffirms its dedication to fostering strong operational leadership for the companies they invest in, ensuring sustainable development and lasting impact in their chosen sectors.

In conclusion, the expansion of Elsewhere Partners’ leadership team is a critical step toward supporting its ambitious investment goals and responding to the evolving needs of the software market. As they prepare to tackle new challenges and opportunities, the firm’s strengthened capabilities will play a vital role in shaping the success of tomorrow’s technology-driven enterprises. For more information, interested parties can visit Elsewhere’s website for details on their endeavors and investments.