Founded in 1995 and based in Radnor, Pennsylvania, Milestone Partners focuses on recapitalizing lower middle market businesses in the North American region. They invest in companies operating in tech-enabled services, software, financial services, and tech-driven manufacturing sectors. With a preference for startups aged 6-10 years, Milestone Partners typically invests in rounds with 4-5 participants, with investments ranging from $50-100 million. They have had successful exits in 2016 and are known for investing in startups valued at over $1 billion. While Milestone Partners is a prominent VC, other notable investors in similar rounds include GSR Ventures, Tenaya Capital, and Taishan Invest AG.