Visual Lease, a provider of end-to-end lease accounting and management software, received a minority growth equity investment from Growth Street Partners. Visual Lease’s integrated web platform combines GAAP and IFRS-compliant lease accounting controls with sophisticated and flexible lease portfolio administration.

“We are excited to partner with Growth Street to take Visual Lease to the next level of success. It was important for us to find an investment partner who is innovative and focused and who is driven to provide hands-on strategic guidance. We found that with Growth Street,” said Marc Betesh, CEO and founder of Visual Lease.

The company’s SaaS solution is relied upon by more than 300 of the largest publicly-traded and privately-owned corporations, retailers, hospitals and institutions throughout the world to manage and report on their real estate and equipment lease portfolios. In 2017, Grant Thornton selected Visual Lease as its preferred vendor for FASB ASC 842 lease accounting software.

“Growth Street is thrilled to partner with Visual Lease to accelerate the company’s growth. Born from Marc’s deep domain knowledge, the company developed industry-leading software that customers and auditors love,” said Stephen Wolfe, co-founder of Growth Street.

“Growth Street will work alongside the existing team to help scale sales, marketing and customer success, reinforcing the company’s leadership position in the lease management and accounting markets,” added Nathan Grossman, co-founder of Growth Street.

In conjunction with the investment, Stephen Wolfe and Nathan Grossman will join Visual Lease’s board of directors.

Growth Street Partners provides early growth capital to vertically-focused, rapidly growing SaaS and technology-enabled services companies located in underserved U.S. markets.