RI
Investor Profile

Relay Investments

Investor tracked across 133 search fund and long-term hold deals in the JB46 directory.

133
Deals
73
Active
20
Countries
13
Industries
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At a glance

Total deals
133
Active
73
Investment years
2004 – 2025
Geographies
US, Australia, Mexico, Germany…

Top industries

  • Technology56
  • Healthcare18
  • Industrial14
  • Financial Services9
  • Business Services9
  • Education6

Frequent co-investors

20 co-investors across 133 deals. See visualization below.

Syndication profile

How Relay Investments deploys capital — solo vs. alongside other investors.

Syndication rate
86%

115 of 133 deals co-invested

Co-invested 115Solo 18
Avg. syndicate size
3.1investors / deal

Including Relay Investments

Unique co-investors27
Largest syndicate7
Deals by syndicate size
  • Solo (1)18 (14%)
  • 2 investors32 (24%)
  • 3 investors34 (26%)
  • 4+ investors49 (37%)

Deals (133)

CompanyDescriptionIndustryCountryInvestedCo-investorsStatus
Abound Health Groupaboundhealth.com

Behavioral health provider and software platform serving individuals with intellectual and developmental disabilities.

HealthcareBehavioral Health
US2020Active
Aegis Treatment Centersaegistreatmentcenters.com

Operator of narcotic/opiate treatment programs (NTPs/OTPs) providing addiction and substance-use care.

HealthcareBehavioral Health
US2013Exited
Alert Protective Servicesalertprotective.com

Residential and commercial security systems, alarm/fire monitoring and cameras in the Chicago area.

Security ServicesPhysical Security
US2016Active

Australian fire-protection contractor designing, installing and maintaining sprinklers and suppression systems.

IndustrialSafety
Australia2023Active
AlphaCredit Capital

Technology company providing consumer and SME financial services and lending across Latin America.

Financial ServicesLending & Specialty Finance
Mexico2014—Exited
American Vision Groupamericanvisiongrp.com

Network of ophthalmology and optometry practices delivering eye-care services across South Florida.

HealthcareVision Care
US2018Active
Apoplexapoplexmedical.com

MedTech SaaS providing smart, software-based ECG and stroke diagnostic solutions to hospitals.

TechnologyHealth Tech
Germany2024Active
Appsianappsiansecurity.com

ERP data security and compliance middleware for PeopleSoft and SAP environments.

TechnologyCybersecurity
US2016Exited
AppWrapappwrap.com

NetSuite partner providing implementation, optimization and ongoing support services to customers.

TechnologyIT Services
US2022Exited
AquaVitaaquavita.us

Provider of purified drinking water using reverse-osmosis and activated-oxygen systems in East Africa.

Environmental ServicesWater
Kenya2014Active
Atlantic Duct Cleaningatlanticductcleaning.com

Indoor air-quality company offering air-duct cleaning, duct sealing and dryer-vent cleaning.

Home ServicesHVAC, Plumbing & Electrical
US2022Active
Attainiaattainia.com

Subscription software helping hospitals streamline medical-equipment capital planning.

TechnologyHealth Tech
US2016Exited
Auronixauronix.com

CPaaS platform enabling conversational messaging between enterprises and their customers.

TechnologyCommunications & Collaboration
Mexico2019Active
Beeckerbeecker.ai

Hyperautomation and AI provider offering RPA, intelligent and agentic process automation.

TechnologyWorkflow & Operations Software
US2022Exited
Bioactive Resourcesbioactive-resources.com

Food-processing services—blending, sterilization and toll blending—for organic and nutraceutical foods.

IndustrialManufacturing
US2022Active
Blue Sky Networkblueskynetwork.com

Satellite-based tracking and two-way communications for fleets operating in remote areas.

TelecomInfrastructure & Connectivity
US2016Exited
BP Logixbplogix.com

Low-code business process management (BPM) platform automating enterprise workflows.

TechnologyWorkflow & Operations Software
US2019Active
Bridge Insurebridge.insure

CRM and sales-enablement software for independent insurance agents, integrating with agency systems.

TechnologyMarketing & CRM
US2019Exited
Capin-Vybornycapin-vyborny.com

US customs broker and logistics provider specializing in US–Mexico import/export.

Logistics & TransportationFreight & Logistics
US2019Exited
CarPro Systemscarprosystems.com

Car-rental and fleet-management ERP software for the international automotive market.

TechnologyAutomotive Software
Netherlands2020Active
Celebrity Kids

Franchise children's portrait-studio company with locations across the Midwest and Northeast.

ConsumerServices
US2005Exited

Mentoring and talent-development software to start, manage and measure mentoring programs.

TechnologyHR Tech
US2015Exited
Cicero Therapiescicerotherapies.com

Partners with speech, OT, PT, autism and mental-health clinics in the Southeastern/Eastern US.

HealthcareBehavioral Health
US2020Active
Cleocleo.com

Platform for B2B, application and data integration enabling faster onboarding and modernization.

TechnologyData & Analytics
US2012Exited
Clinicos IPSclinicos.com.co

Comprehensive care models managing patient health in Colombia.

HealthcareProvider Services
Colombia2018Active

Housing and support services for adults with intellectual/developmental disabilities in Canada.

HealthcareBehavioral Health
Canada2024Exited
Contact Centers Dominicana

Nearshore call center and BPO handling high-volume customer service in the Dominican Republic.

Business ServicesOutsourcing
Dominican Republic2017Exited
Cyrun

Software used by public-safety agencies to control, analyze and report on information flows.

TechnologyGovTech & Public Safety
US2011—Exited

Telecom, data and guest-internet solutions for the hotel and hospitality industry.

TelecomInfrastructure & Connectivity
US2014Exited
Demarkademarka.cl

Products, supplies and services provider in the product coding and labelling industry.

IndustrialDistribution
Chile2021Active
Discoviadiscovia.fr

Electronic discovery (e-Discovery) services for corporations and law firms handling litigation.

Business ServicesLegal Services
US2004Exited
Dooblodooblo.net

Tablet-based survey software supporting data collection for the market-research industry.

TechnologySurvey & Research
Israel2019Exited
Dragonfly Pond Worksdragonflypondworks.com

Lake, pond and stormwater management and beautification services.

Environmental ServicesWater
US2019Exited
Earth Developmentearthdevelopmentinc.com

Vendor procurement for commercial facilities—snow/ice, landscape and parking-lot maintenance.

IndustrialServices
US2021Exited
Eclipse Cash Systems

Full-service ATM company offering transaction processing, placements, parts and repair.

Financial ServicesPayments
US2016Exited
eComplianceecompliance.com

Mobile occupational-safety software connecting field employees and management to improve EHS.

TechnologyWorkflow & Operations Software
Canada2012Exited

Michigan education-service provider supporting charter schools with admin, academic and ops functions.

EducationSchools & Charter Services
US2025—Active
Efficient Hire

Cloud-based HR software for employee recruiting and onboarding across any device.

TechnologyHR Tech
US2017Exited

Outpatient, residential and in-home mental-health treatment for adolescents and young adults.

HealthcareBehavioral Health
US2013Active
Enkontrolenkontrol.com

ERP software and services for the construction industry.

TechnologyConstruction Tech
Mexico2010—Active
Espiral MSgrupoespiralms.com

Software group offering IT service management (ProactivaNet) and personnel-safety software (Prosafety).

TechnologySoftware
Spain2021Active
EyeQ Monitoringeyeqmonitoring.com

Live remote video surveillance solutions.

Security ServicesPhysical Security
US2020—Active
EzTaxReturneztaxreturn.com

DIY consumer tax-filing and tax-return preparation software.

TechnologyFinTech
US2022Active
FastSpringfastspring.com

eCommerce, subscription-billing and fulfillment platform for sellers of digital goods and software.

TechnologyeCommerce
US2013Exited
Field Edgefieldedge.com

Field service management software for the home-services and mechanical-contracting industries.

TechnologyWorkflow & Operations Software
US2014Exited
FileOnQfileonq.com

Evidence, incident and records-management software for public-safety and law-enforcement agencies.

TechnologyGovTech & Public Safety
US2023Active

Membership and benefit-plan programs for financial-services providers serving underbanked segments.

Financial ServicesInsurance & Benefits
US2017Active
Fleming Medicinaflemingdiagnosticos.com.br

Brazilian test-prep program for medical-school admissions (vestibular and ENEM).

EducationProfessional Training
Brazil2017—Active
Frotcomfrotcom.com

Subscription-based B2B fleet-management SaaS with vehicle tracking.

TechnologyLogistics & Fleet Software
Portugal2022Active
Glevum Heating & Plumbingglevumheating.co.uk

Specialists in renewable energy, heating, plumbing and electrical services.

Home ServicesHVAC, Plumbing & Electrical
UK2017Exited
GogoTechgogotech.org

eCommerce operator of consumer-electronics stores such as 101phones and factoryoutletstore.

ConsumerRetail
US2012Exited
Growth99growth99.com

Practice-management and digital-marketing software for aesthetic and medical practices (MedSpas).

TechnologyHealth Tech
US2024Active
Grupo CTAIMActaima.com

SaaS for occupational health & safety, environmental compliance and contractor management.

TechnologyWorkflow & Operations Software
Spain2020Exited
Grupo Torre Medica

Primary medical care for insurance-company patients (mainly accident victims) in Mexico.

HealthcareProvider Services
Mexico2014—Exited
Herchenbachherchenbach-industrial.com

Germany-based manufacturer of modular, semi-permanent warehouse and temporary-building solutions.

IndustrialManufacturing
Germany2015Active

Food supply and produce distribution for cruise ships, tankers and tugboats in Honolulu.

Logistics & TransportationFreight & Logistics
US2024Active
Hydro Flow Productshosemonster.com

Provider of fire-hose testing products, including Pitotless nozzle flow-testing technology.

IndustrialDistribution
US2019Exited
Inervainerva.com

Business-management and billing software for the Australian aged-care industry.

TechnologyHealth Tech
Australia2021—Active
Infoselinfosel.com

Financial-data platform and business-news agency providing investment data and fintech solutions.

TechnologyFinTech
Mexico2018Active

Precision manufacturer of copper and aluminum components for electrical power distribution.

IndustrialManufacturing
Mexico2024Active
IS Entrega

Simplifies physical connection of companies with their branches, offices and customers across Brazil.

Logistics & TransportationFreight & Logistics
Brazil2017Exited

Unified-communications management software to measure, analyze and optimize telecom usage and spend.

TechnologyCommunications & Collaboration
US2016Active
JD2Mjedeclaremonmeuble.com

Web platform handling accounting and tax filing for French furnished-real-estate investors.

TechnologyFinance & Accounting Software
France2023Active
KGHP

Diagnostic medical-physics consulting for hospitals, imaging networks and private practices nationwide.

HealthcareProvider Services
US2014Exited

Hosted digital-distribution platform delivering software and e-textbooks to educational institutions.

TechnologyEdTech
Canada2018Exited
Leaseirleaseir.com

Designs and manufactures diode-laser hair-removal devices for aesthetic and dermatology clinics.

HealthcareMedical Devices & Equipment
Spain2023Active
Lerner Solutionslernersolutions.com

Managed IT services provider serving fast-growing national clients.

TechnologyIT Services
US2021Active
LexShareslexshares.com

Litigation-finance firm originating and funding high-value commercial legal claims.

Financial ServicesLending & Specialty Finance
US2020Active
LH Training

Professional training, trade and coding school serving B2C, B2B and B2G customers.

EducationProfessional Training
Israel2022Active
Libnovalibnova.com

Leading digital-preservation software company.

TechnologyData & Analytics
Spain2023Active
Little Sproutslittlesproutsoutfitters.com

Operator of early-learning centers, originally a home daycare.

EducationEarly Childhood
US2012Exited
Maillonmaillon.fr

B2B distributor of bike accessories, tools and parts in France.

IndustrialDistribution
France2022Active
Mapexmapexdrums.com

Manufacturing Execution Systems (MES) for data capture and integration at industrial plants.

TechnologyManufacturing Software
Spain2018Exited
MediaKommediakom.net.pl

BPO focused on administrative and communication operations for German public-health insurers.

Business ServicesOutsourcing
Germany2022Exited
Medical Record Associates

Revenue-cycle and health-information services for healthcare providers.

HealthcareProvider Services
US2010—Exited
Microdea

Document and process-management (Synergize) software for the transportation and logistics sector.

TechnologyLogistics & Fleet Software
Canada2014Exited
Moneta Technologiesmoneta.com.mx

Mission-critical technology solutions for electronic payments and digital transformation.

TechnologyFinTech
Mexico2021Active
MotionVFXmotionvfx.com

Producer of templates and plugins for Apple Motion and Final Cut Pro X.

TechnologySoftware
Poland2020Exited
MST Servicesempowercommunitycare.com

Multisystemic therapy (MST) provider for rehabilitation of at-risk and juvenile-offender youth.

HealthcareBehavioral Health
US2016Exited
mTABmtab.com

Data-analysis and market-intelligence software, notably for the automotive industry.

TechnologySurvey & Research
US2015Exited

Service portfolio for fire-alarm, nurse-call and medical-monitoring systems—parts, maintenance and repairs.

IndustrialServices
Germany2020Active
Navegatenavegate.com

Supply-chain management software for PO coordination, fulfillment and customs compliance.

TechnologyLogistics & Fleet Software
US2008Exited
NeoAssistneoassist.com

Omnichannel platform to optimize third-party customer service.

TechnologyCommunications & Collaboration
Brazil2021Active
NeuroInternationalneuro.international

Post-acute rehabilitation for people with brain, spinal-cord and other neurologic injuries (ABI/TBI, I/DD).

HealthcareBehavioral Health
US2014Exited
No-IPnoip.com

Dynamic DNS and domain-services provider—managed DNS, domain registration and email.

TechnologyCloud Infrastructure
US2025Active
Odontology Integral Groupodontologiahospitalaria.es

Spanish dental group with hospital-based clinics (maxillofacial surgery, implantology) and training centers.

HealthcareDental
Spain2022Active
Omatic Softwareomaticsoftware.com

Data-integration software unifying disconnected data for nonprofits and Blackbaud users.

TechnologyNonprofit Tech
US2016Exited
OneSourceonesource.net

Managed IT, telecom lifecycle management and managed-security services for mid-market enterprises.

TechnologyIT Services
US2021Active
OnRamponramp.io

Compliant hosting, cloud computing, data protection and colocation data-center services in Texas.

TechnologyIT Services
US2009Exited
Origo Commoditiesorigofin.com

Agri-commodity post-harvest management—procurement, storage and structured financing for farm produce.

Financial ServicesAdvisory & Compliance
India2015Active
Palatium Carepalcare.com

Emergency-call, nurse-call and access-control care technology for senior-living facilities.

HealthcareProvider Services
US2019Active
Performer CNChaascnc.com

Machine-tool distributor of CNC machining centers, lathes and rotary products (Haas in France).

IndustrialDistribution
France2019Active
Planet DDSplanetdds.com

Cloud-based dental practice-management software.

TechnologyHealth Tech
US2015Exited
Polysistemaspolysistemas.com

Box storage, imaging and BPO document-management services for financial institutions in Latin America.

Business ServicesOutsourcing
Peru2020Exited

Integrated payment processing—sales enablement, omni-channel processing and fraud prevention.

Financial ServicesPayments
US2015Exited
Prelude Dynamicspreludeedc.com

Software for animal and human clinical trials and research projects.

TechnologyHealth Tech
US2021Active
Project to Beprojecttobe.com

Bilingual early-education schools focused on active, democratic and innovative learning.

EducationEarly Childhood
Portugal2019Active
Qualianz

Cold- and dry-environment logistics solutions formed from an alliance of Latin American firms.

Logistics & TransportationFreight & Logistics
Mexico2017—Exited
QuickSoftquicksoft.com.br

ERP and DMS software for the receivables-securitization industry in Brazil.

TechnologyFinTech
Brazil2022Active
Recruit Militaryrecruitmilitary.com

Recruiting platform connecting employers with veteran talent.

Business ServicesHR
US2013Exited
Reliable Premium Managementreliablepremium.com

Pay-as-you-go workers' compensation premium services integrating with payroll systems.

Financial ServicesInsurance & Benefits
US2024Active
Repli-Pentapackaging

Packaging supplier for the pharmaceutical, chemical, food and cosmetics industries.

IndustrialDistribution
Spain2014—Exited

Residential and commercial security—alarm/fire monitoring, access control, CCTV and automation.

Security ServicesPhysical Security
US2017Exited
S-Capes-cape.com.ua

Digital-healthcare group providing tools improving clinical outcomes and workflow in high-acuity hospital areas.

TechnologyHealth Tech
Germany2013—Active
School Family Mediaschoolfamilymedia.com

Media and marketing platform (TeacherLists, PTO Today) at the intersection of schools and families.

Media & AdvertisingPublishing
US2018Active
Sekura

Insurance, bonding, affinity and loyalty-program provider protecting companies and people.

Financial ServicesInsurance & Benefits
Mexico2015—Exited
Singusingu.com

B2B PropTech SaaS—facility management, visitor access, IoT monitoring and ESG for commercial real estate.

TechnologyReal Estate & PropTech
Poland2023Exited
SmarTours

Direct-to-consumer tour operator offering curated, value-priced tours of exotic destinations.

ConsumerServices
US2013Exited
Soft Restaurantsoftrestaurant.com

Point-of-sale, ERP and CRM SaaS for restaurants in Mexico.

TechnologyRetail & Restaurant Tech
Mexico2023Active
SonarWizchesapeaketech.com

Software for acquiring, processing and mapping sonar data for underwater and seafloor surveys.

TechnologyData & Analytics
US2025—Active
Strategic Kidsstrategickids.com

School-day staffing and after-school enrichment programs (STEM, arts, sports) for schools.

EducationProfessional Training
US2025Active
Subatomic Digitalsubatomicdigital.com

Enables media and print owners to monetize IP by reselling video and print content on demand.

Media & AdvertisingPublishing
US2016Active
Sullab Diagnosticossullab.com.br

Clinical-diagnostics lab and distributor of diagnostic testing equipment and reagents in Brazil's South.

HealthcareProvider Services
Brazil2018Exited
Swoogoswoogo.events

Event-management and registration SaaS for virtual and live events, serving agencies and marketers.

TechnologyHospitality, Travel & Events
US2020Active
T-Base Communications

Accessible communications—braille, large print, audio and online—for blind and low-vision customers.

Business ServicesOutsourcing
Canada2014Exited

Shelter and manufacturing-support services (HR, compliance, facilities) for foreign firms in Mexico.

Business ServicesOutsourcing
Mexico2024Active
TecnoMotum Telematicstecnomotum.com

Telematics and telemetry solutions enabling remote measurement and real-time fleet decisions.

TechnologyLogistics & Fleet Software
Mexico2018Active
The Nearshore Companythenearshorecompany.com

Cross-border contract manufacturer helping US firms access Mexico's manufacturing and labor.

Business ServicesOutsourcing
US2019Active
Theiatheia.fr

Education software specialized in assessments for the French market with medical-field links.

TechnologyEdTech
France2020Exited
Tikedotikedo.com

Food-labeling business printing adhesive and non-adhesive labels for food, logistics and pharma.

IndustrialManufacturing
Italy2021—Active
Travelmaxtravelmax.com

Collection of travel companies selling wholesale travel and white-glove management for corporate/leisure.

ConsumerServices
US2017Active
UnitedLayerunitedlayer.com

Hybrid hosting and data-center provider with managed security and privacy controls.

TechnologyIT Services
US2010Exited
Unleashed Technologiesunleashed-technologies.com

Web content-management (CMS) provider building data-driven web experiences, notably for nonprofits.

TechnologyMarketing & CRM
US2019Active
VeloceITvelocetechnology.com

Acquires specialized IT service providers delivering managed IT for aviation, rail, maritime and energy.

TechnologyIT Services
UK2025Active
Venio Systemsveniosystems.com

End-to-end subscription software for the e-Discovery market across government, law firms and corporates.

TechnologyLegal Tech
US2020—Active
Vialternavialterna.com

Telecom and network services across Mexico—SD-WAN, IoT management, GPS telemetry and video surveillance.

TelecomInfrastructure & Connectivity
Mexico2025Active
Virtual OfficeWarevirtualwareco.com

athenahealth MSO partner providing training, implementation and revenue-cycle management for practices.

HealthcareProvider Services
US2012Active
Vokevoke.tech

Leasing of IT equipment in the domestic market.

Business ServicesFacilities
Brazil2019Active
Wave Crestwordpress.wavecrest.io

Provider of funding to ramp up government contracts and stabilize working capital.

Financial ServicesLending & Specialty Finance
US2018Active
WholesalePet.com

Online wholesale ordering hub for pet products.

IndustrialDistribution
US2015—Exited
Windmill Wellness Ranchwindmillwellnessranch.com

Inpatient/outpatient addiction and mental-health treatment center in the Texas Hill Country.

HealthcareBehavioral Health
US2024Active
Wingman Holdingswhiglobal.com

Vertically integrated manufacturer of components and complex assemblies for aerospace and defense.

IndustrialAerospace & Defense
US2014—Active
Zeker & Mobielzekerenmobiel.nl

24/7 drain, sewer and pipe unclogging and maintenance services across the Netherlands.

Home ServicesHVAC, Plumbing & Electrical
Netherlands2025Active