CIO Bulletin

We acquire, manage and build industry specific software businesses which provide specialized, mission-critical software solutions: Growth Stack Inc

A good software solution will enable you to gain an advantage over your competitors, guarantee faster conversions, facilitate customer relationship management, simplify some of the most tedious duties, and streamline your payment procedures.

Around the globe, there are smart businesspeople who are skilled at finding and creating new fintech, adtech, and productivity software. It's not unusual for these SaaS products to expand beyond the primary competencies of the founders once they have passed the proof-of-concept stage.

Growth Stack can work with the founders and use its experience to rapidly accelerate growth by injecting capital and adding infrastructure. This helps SaaS companies reach their maximum potential while giving Growth Stack’s investors respectable returns.

We further got in touch with Kevin Petersen, CEO, to know more about the company

Q. What is Growth Stack Inc?

Growth Stack Inc is a company that specializes in acquiring and scaling companies in the SaaS (Software as a Service) space, as well as providing advisory services to companies in this sector. This means that Growth Stack Inc is focused on helping SaaS companies grow and scale their businesses, as well as providing expert guidance and support to these companies.

With its company acquisition services, Growth Stack Inc identifies and acquires SaaS companies with strong growth potential. The company then works with these companies to help them achieve their growth and scaling goals. With its scaling services, Growth Stack Inc provides expert support and guidance to help SaaS companies grow and scale their businesses. With its advisory services, Growth Stack Inc provides expert advice and guidance to help SaaS companies make informed decisions and achieve their goals.

Q. What sets Growth Stack Inc apart from other companies in the SaaS space?

What sets Growth Stack Inc apart from other companies in the SaaS space is its focus on both acquiring and scaling companies, as well as providing advisory services to companies in this sector. Many companies in the SaaS space focus on one aspect of growth, such as scaling or acquisition, but Growth Stack Inc offers a comprehensive suite of services to help SaaS companies achieve their growth and scaling goals. This makes Growth Stack Inc a unique and valuable resource for companies in the SaaS space.

Q. Can you provide more information on Growth Stack Inc's company acquisition process?

Growth Stack Inc's company acquisition process involves identifying and acquiring SaaS companies with strong growth potential. The company carefully evaluates each potential acquisition to ensure that it is a good fit for Growth Stack Inc and that it has strong growth potential. Once an acquisition is made, Growth Stack Inc works closely with the acquired company to help it achieve its growth and scaling goals. This may include providing expert support and guidance, as well as access to Growth Stack Inc's resources and network.

Q. What is Long Tail Pro?

One of Growth Stack Inc.’s initial acquisitions is Long Tail Pro. Long Tail Pro is a keyword research tool designed for digital marketers and SEO professionals. The tool helps users find the best keywords for their websites and online campaigns, allowing them to target their audience more effectively and drive more traffic to their sites.

Q. What are your thoughts on Global Tracking Solutions?

We are big advocates for this. The use of Global Tracking Solutions can bring many benefits, such as increased safety and security, improved efficiency, and better resource management. For example, these solutions can be used to track and monitor the movements of vehicles, helping reduce fuel consumption and improve delivery times. They can also be used to monitor the location of high-value assets, such as cargo and equipment, helping to reduce the risk of theft and loss.

Q. Why do you feel that B2B Saas is the place to be right now?

B2B SaaS has become a popular business model because it offers several advantages over traditional software delivery methods. One of the main benefits of B2B SaaS is that it allows companies to access software applications over the internet on a subscription basis, rather than having to install and maintain the software on their own servers. This makes it easier for businesses to scale their operations and reduce their IT costs, as they don't have to invest in expensive hardware or infrastructure.

Another advantage of B2B SaaS is that it provides businesses with more flexibility and agility when it comes to adapting to changing market conditions or customer needs. With traditional software delivery models, businesses often have to wait months or even years for updates or new features to be released. With B2B SaaS, on the other hand, updates and new features can be delivered quickly and seamlessly through the cloud.

Furthermore, the COVID-19 pandemic has accelerated the adoption of B2B SaaS, as more companies have had to shift to remote work and digital business models. This has created a growing demand for cloud-based software solutions that can enable remote collaboration, communication, and productivity.

Q. What are some of your success stories?

We’ve had many great success stories. We had one company that we purchased returned between 50% and 150% per year. Another one we purchased for US $60K and had 100% net returns on assets in less than nine months. And another we took it from concept to six figure MMR monthly recurring revenue within twelve months before exiting.

These were sort of the tester pancakes, if you will. Where they're micro assets early on. So, think acquisition size. One of them was $60,000. So, acquisition size between 50k to 300k. And then eventually, we have been stair stepping the market now for a year. So, we were starting out in the micro space and then we moved up to another level of micro, which is kind of that $250,000 – million-dollar acquisition size range.

And then from there we took steps up beyond a million. And then now our thesis today is that we buy cash flowing B to B SaaS that are producing 1 ½ million to 7 ½ million net income at time of acquisition.

So, acquisition size range is like maybe 15 million is the minimum now. But where our sweet spot today is in that kind of 25 million to 150 million range. And it's a process.

Q. What are the key benefits Growth Stack customers get?

We expect Growth Stack customers to realize obvious return on investment (ROI). We once had a customer tell us that they had positive ROI just seven days after subscribing to one of our software-as-a-service (Saas) platforms, and that their early gains paid for their annual subscription with us. Another venture that we acquired in 2014 generated 100% return in its first year. Another in 2016 grew to $100k/MMR in the first 12 months, and an ecommerce program that exceeded $1.1M product sales in the first 12 months. These are the kinds of wins we strive to deliver. It is our goal to make every endeavor a win-win for both us and our customers. We haven’t failed on this motto yet, and for that we are very proud.

For more information -

LinkedIn: https://www.linkedin.com/groups/9300409/

Twitter: https://twitter.com/growth_stack_

Facebook: https://www.facebook.com/people/ Growth-Stack/100089788084188/

Website: https://growthstackinc.com/

Kevin Petersen, CEO

Marketing automation specialist with 21 years of experience working with companies like Charles Schwab and Wells Fargo, and had founder shares in On Assignment Inc (NYSE: ASGN). Petersen’s SaaS experience includes growing a file sharing platform to seven-figure revenue in its first year, an award-winning music industry start-up, and several portfolio brands that realized>50% YOY growth since acquisition.