
Seacoast Capital Partners
Description
Seacoast Capital Partners is a private equity firm established in 1994, specializing in providing junior capital to lower middle market businesses. Unlike many private equity firms, Seacoast primarily focuses on "sponsorless" transactions, meaning they often work directly with management teams or owners without the involvement of a lead private equity sponsor. This approach allows them to be a flexible and patient capital partner for companies seeking growth financing, recapitalizations, management buyouts, or acquisition support, emphasizing long-term partnerships over short-term financial engineering.
The firm targets companies with revenues typically ranging from $10 million to $150 million and EBITDA between $3 million and $15 million. Seacoast's investment strategy is sector-agnostic but has a strong track record in industries such as business services, consumer products & services, healthcare, industrials, and niche manufacturing. They aim to support established businesses with strong management teams and a clear path to growth, providing capital that can be structured as subordinated debt, preferred equity, or a combination thereof, tailored to the specific needs of each company.
Since its inception, Seacoast Capital has demonstrated a significant commitment to the lower middle market. The firm has successfully raised over $700 million across five funds, deploying this capital into more than 80 companies. Their typical first check size ranges from $5 million to $25 million, reflecting their focus on providing substantial, yet flexible, capital solutions to growing businesses. This long-standing presence and consistent investment activity underscore their expertise and dedication to fostering the growth of privately held companies across the United States.
Investor Profile
Seacoast Capital Partners has backed more than 35 startups, with 3 new investments in the last 12 months alone. The firm has led 22 rounds, about 63% of its total and boasts 12 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Debt Financing, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Manufacturing, E-Commerce, Internet.
- Led 2 rounds in the past year.
- Typical check size: $5M – $25M.
Stage Focus
- Private Equity (60%)
- Debt Financing (26%)
- Series Unknown (11%)
- Series B (3%)
Country Focus
- United States (100%)
Industry Focus
- Manufacturing
- E-commerce
- Internet
- Software
- Health Care
- Construction
- Fashion
- Information Technology
- Retail
- Video
Frequently Asked Questions
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