Great Hill Partners, L.P.
Great Hill Partners is a Boston-based private equity firm founded in 1998 by Christopher Gaffney and John Hayes. The firm focuses on investing in high-growth, middle-market companies, typically beyond the early stage, across digital commerce, software, financial technology, healthcare, and digital infrastructure. Serving entrepreneurs and management teams of disruptive businesses, Great Hill Partners has raised over $12 billion in capital commitments and manages around $12.9 billion in assets as of March 2023. The firm employs flexible, partnership-based strategies to help scale companies and is recognized for top-tier investment performance and founder-friendly practices, ranking highly in industry performance rankings. Great Hill Partners operates primarily from Boston with an additional office in London and employs a team dedicated to long-term growth and value creation.
Investment Strategy
Great Hill Partners pursues growth-oriented investments in high-growth, disruptive companies, typically allocating $25 million to $500 million per deal and targeting enterprises with 15%+ annual growth and enterprise values under $1.25 billion. Their approach emphasizes partnering with management teams, taking either majority or minority stakes in companies beyond the early stage, and providing capital along with strategic guidance, market insights, and access to executive networks. The firm's sector focus includes software, digital commerce, financial technology, healthcare, and digital infrastructure. Great Hill seeks to identify secular growth opportunities, support industry insurgents, and enable transformational growth through individualized partnership and long-term engagement, positioning companies for market leadership and scalable success.
Top Holdings
Equity Positions (1)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
W W | WAYFAIR INC | 100.00% | $142.6M | 2,788,912 | $43.56 | $51.14 | +$53.3M |