Established private equity house investing from an active vehicle, focused on predictable cashflows. Focus on saas & subscription software within technology & software, where revenue quality and customer retention are evidenced. Investor is currently in fund with committed capital for near term execution. Previous acquisitions include buy and build programmes in established sectors, supported by operating partners. Full acquisition preferred, with flexibility for majority structures where alignment on governance and valuation is clear. Integration would be staged, strengthening governance without disrupting delivery. North American buyer targeting.