Meet Permanent

Permanent is dedicated to accelerating the growth of vertically focused business-to-business (B2B) software-as-a-service (SaaS) companies through acquisition and long-term tactical and financial guidance. We’re experienced operators and subject-matter experts with a passion for software and building businesses. We partner with founders to help them scale their businesses and realize their companies’ full potential. We look for businesses with strong leadership and high potential for profitable growth, and work together to increase year-over-year revenue, company efficiency, and impact

Our Philosophy

Permanent envisions that all companies we work with achieve their full potential. We embrace what makes each company great and build on those foundations. We believe in elevating a company as it scales, delivering dignity to the organization and its employees, and sharing a passion for building a legacy.

We want to keep what makes your company great.

You know your product better than anyone. You’re what made the company successful, and our success is tied to your success. That’s why we want to work with you and your managers to move forward in profitably and sustainably growing your company.

We’ve been where you are.

We take our over-a-century’s worth of combined experience and help you build on the foundation you’ve laid. We customize a process to work specifically for your company, rather than force you to fit into a generic blueprint. We have experience in hands-on operations, management, and executive leadership—all ready to work with you to meet and exceed your goals.

We want to realize your vision, not what we think your vision should be.

We understand that your company is your legacy. Our mission is to help you scale your business and achieve the vision that originally inspired you. We do this by augmenting you and your team with funding and expertise. We’ll help you upskill your team, upgrade your systems and processes, accelerate growth, and scale your company to its full potential.

We believe in a transparent process.

We realize that no matter how transparent the acquisition process may seem to us, it can be unsettling for your team. Acquisitions by other companies typically entail a lot of unknowns, and your employees understandably feel concerned about their jobs. We understand change is hard; our goal is to make the process as easy and transparent as possible. We want to welcome you and your team to the Permanent family and together build something great.

Our Values

Our core values are the guideposts we turn to when faced with difficult decisions.

Long-term partnership

We create durable, action-oriented relationships with the companies we acquire. Together, we pursue long-term results, uniting our respective expertise to amplify overall business impact.

Growth orientation

We encourage a learning culture and embrace and execute necessary growth and change. We take what’s best about a company and make it better, honoring its culture, committing ourselves to long-term process development, and increasing the bottom line.

Commitment

We work hard and acknowledge others that do the same. We anticipate an ownership mentality from our employees, as well as a sense of pride and caring about current work and future challenges.

Accountability & transparency

We strive to be accountable, transparent, and objective. We believe in positive intent and intellectual honesty and encourage constructive dialogue and analysis to arrive at the right answers.

leadership-background

Leadership Team

member John Bennett

John Bennett

Chief Executive Officer
John leads Permanent Group’s day-to-day operations and long-term strategy. Prior to joining Permanent in 2021, John was SVP & GM at LogMeIn where he led the $450M Identity and Access Management business unit, responsible for the LastPass, LogMeIn Pro, GoToMyPC, and LogMeIn Central products. He has held executive leadership roles at Citrix, Vapps (acquired by Citrix), Ace*Comm, Sentori, CMGi and Nascent Technologies (acquired by CMGi). He holds a BA from Mary Washington University in Economics.
member Mark Rothert

Mark Rothert

Chief Operating Officer
Mark develops and implements Permanent Group’s value-creation playbook and works with founders to drive portfolio-wide KPIs. Prior to joining the company in 2021, Mark was a Principal with Technology Crossover Ventures working to develop and deliver on-value creation plans. Prior to TCV, Mark spent over five years as President of MessageMedia, a private equity backed B2B software company. Mark earned JD and MBA degrees from Columbia University and a BA from Wheaton College.
member Jeffrey Schwimer

Jeffrey Schwimer

Vice President of M&A
Jeffrey leads the Mergers and Acquisitions (M&A) team at Permanent Group. He is passionate about building relationships and partnering with entrepreneurs and has spent his career as a software-focused investor, operator, and advisor. Prior to Permanent, Jeffrey was an investor at JMI Equity, a San Diego based Growth Equity fund, and worked on the Operations and Strategy team at the vertical software business automotiveMastermind. Jeffrey holds a BA from Stanford University in Economics.
member Jon Borthwick

Jon Borthwick

Vice President of Product Marketing
Jon heads Product Marketing strategy for Permanent Group’s portfolio businesses, partnering with founders on aligning subscription-business models with various stages of growth, pricing, and packaging optimization, and accelerating time-to-value for customers. He joined the company in 2021. Previously, Jon was VP Global Operations & Strategy at LogMeIn, responsible for accelerating growth and delivering outsized returns across 15 product lines through go-to-market optimizations. John earned a finance degree at the University of West Florida.