Ionic Partners Names Tanner Cerand Principal, Origination
AUSTIN, Texas, Jan. 11, 2022 /PRNewswire-PRWeb/ -- Ionic Partners ("Ionic") announced today that Tanner Cerand will join the firm to lead Ionic's sourcing efforts, bringing to bear his decades of experience as a leader in investment research, origination, and business development.
With an established and permanent capital base, Ionic is a highly active acquirer of recurring revenue enterprise software businesses. Ionic Partners is distinguished by its focus on acquiring and operating "Second Chasm" software companies – those that have strong products and teams, but whose revenue growth and profitability don't reflect the intrinsic value of their offerings. These companies are characterized b