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This low-flying growth equity firm, with payments and logistics bets, just closed a $257 million fund

Activant Capital, a seven-year-old, Greenwich, Conn.-based growth equity firm that’s still making a name for itself, has managed to secure $257 million in fresh capital commitments, despite that the U.S. economy appears to be headed into a recession.
It’s something of a coup for founder Steve Sarracino.
It also begs the question: Who is Steve Sarracino, and why are people trusting him and his 10-person firm with their investing dollars?
To find out more, we reached him last week at his home, where — like a lot of us — his young children whooped and hollered in the background. …

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