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Parallax Capital

Company

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General

About Company
Parallax is a private equity firm that makes control equity investments in lower middle market software and related technology companies.

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Sector :

Subsector :

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founded date

01.01.1999

founders

Number of employees

IPO status

Private

Description

The firm has a successful track record of transitioning divisions, subsidiaries, and product lines into successful stand-alone entities or integrating them into current portfolio companies. Parallax invests in companies with revenues between $5 and $100 million and welcomes complex transactions or turnarounds, including leveraged buy-outs, recapitalizations, corporate divestitures, spin-offs, and build-ups. The firm takes an active management role in its portfolio companies and is further supported by an in-house staff of M&A professionals, accountants, HR specialists, and technical personnel.
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Financials

Investments
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Date 
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Lead 
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Raised 
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total rounds

2

total raised

$9.5M
Co-Investors
Acquisitions
6
Acquiree Name 
Date 
Price 
Acquisition Name 
Quark Software acquired by Parallax Capital

Quark Software acquired by Parallax Capital

acquirer

Parallax Capital
Parallax Capital

date

12.07.2017

type

Leveraged Buyout
Quark Software

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TriSyn Group acquired by Parallax Capital

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TriSyn Group

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Subsector

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Software, Financial Services, Information Technology

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UTS Global

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People

Founders
1
James Hale
James Hale

James Hale

Jim Hale is the founder and Managing Partner of Parallax Capital. Jim has more than 20 years of experience working with and investing in lower middle market technology companies. Jim has been a principal on over 25 technology acquisitions and investments, which have generated over $1 Billion in returns for investors, managers, and employees. Jim has overall responsibility for the firm’s investment strategy, portfolio companies, and personnel. Currently, Jim serves as Chairman of Computron Software, Bunchball, Inc., Fox Technologies and is a Director of Nuelion, Inc. (NLN.TO) and a former director of Daptiv Solutions, Micro Focus International, TriSyn Group, Infor Global, Inovis and MultiGenParadigm, all of which are current or prior Parallax investments. Prior to founding Parallax in 1999, Jim spent three years as the Senior Vice President of Corporate Development for The Gores Group, a Los Angeles based global private equity firm. Jim spent 10 years in commercial lending with Greyhound Financial Corporation and Heller Financial where he oversaw the funding of numerous cash flow and mezzanine loans to middle market companies. Jim obtained his Bachelor of Science in Business with a concentration in marketing from Ferris State University.

current job

Parallax Capital
Parallax Capital

James Hale

Employee Profiles
4
Richard Campbell

Richard Campbell

Partner

James Hale

James Hale

Founder and Managing Partner

Pamela Wood

Pamela Wood

Vice President

John Baldwin

John Baldwin

Partner

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