Promise Delivered: A portfolio of successful companies and the highest performing fund in Western Pennsylvania.
After the final close and distribution of shares from Pittsburgh Equity Partners, we want to share our gratitude and reflect on our experience together.

To start with, we are incredibly grateful for the opportunity to serve our stakeholders over the years. Together, we have supported some incredible companies. Our portfolio and exits helped solidify Pittsburgh’s place as a place investors can find deals and generate returns. We also delivered double digit returns to our LPs. However, our real legacy lies in the impact that our portfolio has on the region every day. The strategic buyers of four of our platform companies together now generate $3 billion in annual revenue, employ over 600 people in the Pittsburgh region and provide over $60 million in annual payroll and ensuing tax support.

We could not have achieved any of this without the support of our sponsors, committees and investors all along the way. First we appreciate InnovationWorks, Carnegie Mellon University and the University of Pittsburgh for their vision in seeing the need for and seeding the search for a new early stage fund based in Pittsburgh. Next we thank the highly esteemed selection committee that selected us over 10 other highly qualified managers to lead the formation of what would become Pittsburgh Equity Partners. We are deeply grateful to our amazing LPs, each of  whom has been highly successful in their own careers and have helped our fund and our community in their own unique ways in addition to their support of Pittsburgh Equity Partners.

A very special thank you to our advisory board who kept us on the straight and narrow, listened to us drone on, gave us sage advice whether we wanted to hear it or not and helped us maintain solid governance and stay true to a thesis that was likely to succeed. It has been a true privilege and a pleasure to work with each of them for all these years.
At the end of the day, though, we are most proud about the entrepreneurial teams we have been able to support over the years to build some incredible companies. Our portfolio of cutting edge platform technologies include ShowClix in ticketing, Voci in AI, Wombat in cybersecurity and Industry Weapon in communications. Having been founded 15+ years ago, these are some of the companies that our region’s recent stellar reputation is rightfully based on. Not only did these teams build great products, serve many amazing customers and hire stellar employees, they also delivered top decile returns to their investors. Today, many of our founders are leading the next generation of cutting edge companies and riding the startup rodeo again. They have shown that they have what it takes to succeed for their newest customers, their employees and, lastly as always, their investors. Our deepest gratitude to you all!
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Ed, Steve and Rona and Kelly

OUR IMPACT

  • $3 billion revenue
  • 600 employees
  • $60 million payroll

OUR PARTNERS