For nearly a decade, our mission has been to be the partner of choice for family owned businesses that want exits that protect their life's work and their team. We do this by empowering the next generation of great entrepreneurs to think and act long term.
Who We Are
Thesis Capital was formed to acquire U.S. lower middle market businesses where our operations backgrounds can generate sustainable value for the next generation.
We offer a leadership transition solution for owners who prioritize their company's culture, legacy, and team by ensuring a stable, long-term home for both the business and its employees.
Size
$15-80M Total Enterprise Value
Earnings Profile
Between $3M and $25M Free Cash Flow
Investment Horizon
Suitable for Long Term Hold
What is Thesis?
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Suspendisse varius enim in eros elementum tristique.
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Are you a private equity firm? What do you invest in?
Similar to a private equity firm we have LPs that invest alongside us in our transactions. Our primary source of capital is structured in a way that would align us much more closely with a Family Office that runs a sister operation as an independent sponsor. This means that we periodically source debt and equity from external parties.
Our focus is to invest in cash-flowing businesses in the US that can be held for the long term. While we occasionally make use of debt when structuring investments we generally shy away from what would be traditional leveraged buyouts (LBO).
Are you a search fund?
No, we are not what would be classically defined as a traditional search fund, or self funded search fund. While a search fund is a type of investment vehicle that allows entrepreneurs to raise money to acquire and run a company, those vehicles are stand-alone entities.
We are similar to a search fund in that we acquire companies often in need of a management transition. But we differ materially in that we do not operate under any of the restrictive financial and time-bound characteristics of a search fund and we have an established financial backing.
How is the firm structured?
The firm is a partnership run by principals work with entrepreneurs based on a set of developed investment criteria. Our partners have material ownership in any transaction they complete with us.
Are you making active investments?
Yes, we are actively making investments in US lower and middle markets.
Our investment criteria are detailed on the page for intermediaries and on the press & writing pages of this website.
Does every partner have experience running a company?
The principals in the firm have extensive operating experience and have run the companies they acquired as Presidents/CEOs. The majority of the firm’s partners have had extensive operating roles in some of the world’s most capable firms. We view investments through an operating and investing lens.
A seek to balance both operational experiences in a specific industry and investment experience so that we can provide valuable insights and guidance to investee firms.
Are you growing the partnership?
Yes – we are seeking new members. However, we are highly selective and turn away most candidates, not because they are incapable, but because we are searching for specific characteristics that align with our business model. This screening also applies to the businesses we invest in.
Being transparent and honest throughout the acquisition process. This means providing seller with all the information they need to make an informed decision, and not hiding any relevant information.
Acting in the best interests of all stakeholders. This means considering the needs of all stakeholders, including employees, customers, suppliers, and investors. The ability to create long-term value for the business ensures that the acquisition is successful in the long run.
Move Fast
The ability to close the deal quickly can give you a competitive advantage and allow you to take advantage of market opportunities.
We have closed transactions in as few as 30 days.
Scout Program
Get Rewarded for Referring a Business to Us!
Some of the best opportunities we've come across have been thanks to trusted introductions from our network. Every entrepreneur knows someone who owns a great business, and one day that owner may decide to sell.
At Thesis Capital Partners, we believe the best deals often come through connections, and you could be the one to connect us with the right opportunity. If you know of a business that fits our investment criteria, we’d love for you to join our Scout program and get paid for your referral.