Terry Garnett

Garnett & Helfrich Capital, which bills itself as 'The Venture Buyout Firm,' is a $350 million private equity fund for mid-sized technology spinouts. Formed in March 2004, with $250,000,000 in capital from institutional investors and educational endowments, and now expanded to $350,000,000, the firm invests in buyouts in the enterprise software, communications and networking, semiconductors, data processing, and internet content/infrastructure segments of the technology industry. Garnett & Helfrich Capital is actively looking for acquisition opportunities where the business has ongoing annual revenue of $40,000,000 to $200,000,000, a positive brand and solid reputation in the marketplace for technological excellence, and an installed base of customers who have an enduring relationship with the business. These businesses may (or may not) be profitable or cash flow positive, may be in need of new technology and products to expand the existing offering, and may be 'broken and orphaned' within the parent organization.