#United States #Charlotte #Broadtree Partners #Adams Street #Semify

Broadtree Partners Launches $240 Million Continuation Fund

Broadtree Partners, LLC, a prominent private equity firm based in Charlotte, North Carolina, has successfully closed a multi-asset continuation fund, securing approximately $240 million in total commitments. This initiative is designed to provide enhanced liquidity for shareholders and channel additional equity for growth opportunities among its existing strong-performing portfolio companies.

The Continuation Fund closure took place in March 2026 and aims to support four key companies in Broadtree's portfolio: Semify, Sayres Defense, Triage Partners, and Seanair. Each of these businesses plays a vital role in their respective sectors, highlighting Broadtree's commitment to sectors such as government contracting, technology-enabled services, and marketing technology services.

Portfolio Highlights

• - Semify: Specializes in proprietary technology and AI-optimization solutions tailored for large-scale digital marketing.
• - Sayres Defense: A government services platform that provides mission-critical solutions for defense and homeland security.
• - Triage Partners: This company offers technology-driven services and software dedicated to the telecom industry, particularly focusing on fiber installation and construction services.
• - Seanair: Engaged in precision part manufacturing for aerospace defense systems, ensuring high-quality standards in their output.

These companies have shown significant growth and adaptation since being acquired by Broadtree, fueled by investments that have enhanced their capabilities, expanded their leadership, and strengthened partnerships with customers across the region. This fund aims to continue that trend by injecting further capital into these companies, enabling them to pursue organic growth initiatives and potential acquisitions.

Strategic Partnerships

Adams Street Partners has taken a significant role in leading the Continuation Fund, bringing additional commitments from both existing and new investors. Brad Batten, the Managing Partner of Broadtree, expressed enthusiasm about the collaboration, indicating that the vision between both firms aligns closely, thus providing a robust foundation for future growth.

Joe Goldrick, a Partner at Adams Street, conveyed that the firm targets secondary investments in high-growth businesses alongside experienced management teams, making this partnership particularly synergistic. The additional capital is expected to support these portfolio companies through their next phases of growth, reflecting the overarching strategy of creating sustainable financial health.

Advisory and Legal Support

The continuation fund also enlisted William Blair as the exclusive financial advisor to Broadtree, guiding them through this intricate financial landscape. Additionally, top-tier legal advisory services were provided by Kirkland & Ellis LLP and Holland & Knight LLP, ensuring that all compliance and legal aspects were meticulously addressed.

About Broadtree Partners

Broadtree Partners is a lower middle-market private equity firm with a focus on various sectors, including business services and technology. Founded on the principle of identifying and partnering with adept operating executives, Broadtree aims to drive value while maintaining core legacy strengths. They leverage flexible acquisition arrangements which range from operational partnerships to comprehensive leadership transitions.

Looking Ahead

As Broadtree Partners transitions into this next chapter, they remain committed to nurturing their existing portfolio while scouting for potential growth avenues that align with their investment philosophy. With a solid financial foundation in place and strategic partnerships guiding their direction, Broadtree is poised for continued success and expansion within the private equity landscape.