Pamlico Capital

Pamlico Capital is a well-established private equity firm based in Charlotte, North Carolina, specializing in growth equity and buyout investments within the middle market. Originating in 1988 as the private equity division of First Union Corporation, the firm successfully spun out in 2005 to operate as an independent entity. Pamlico's investment philosophy is centered on partnering with strong management teams to foster growth and enhance value in their portfolio companies, typically targeting businesses with enterprise values ranging from $100 million to $1 billion.

The firm employs a highly focused investment strategy, concentrating on three key sectors: Business & Technology Services, Communications, and Healthcare. Within these industries, Pamlico seeks out companies characterized by robust recurring revenue models, defensible market positions, and substantial growth prospects. Their typical equity investment in a company ranges from $50 million to $200 million, reflecting their commitment to significant, impactful partnerships. Pamlico often acquires control or a substantial minority stake, providing capital for strategic growth initiatives, add-on acquisitions, recapitalizations, and management buyouts.

Pamlico Capital has consistently demonstrated its ability to attract investor confidence through successful fundraises. In 2020, the firm closed Pamlico Capital V with $1.4 billion in commitments, and more recently, in 2023, they successfully closed Pamlico Capital VI, raising $1.75 billion. These substantial fund sizes enable Pamlico to execute its strategy of making meaningful investments in high-growth companies. The firm is recognized for its collaborative approach, leveraging deep industry expertise and an extensive network to support portfolio companies through various stages of development, from strategic planning to operational enhancements and market expansion.