Lower middle market private equity firm
Avesi Partners
- HeadquartersStamford, CT S2
- Websiteavesipartners.com
- Last verifiedOctober 20, 2026
At a glance
| Assets under management | $2.2B (as of Sep 2026) S7 |
|---|---|
| Latest fund | Avesi Partners Fund II, $1.4B (Jul 2024) S6 |
| EBITDA range | $5M to $30M S1 |
| Deal types | Platform, Add-on, Growth S5 |
| Sectors | Healthcare Services, IT Services & MSP, Accounting & Professional Services |
What Avesi Partners buys
Avesi Partners is a Stamford, Connecticut firm, with a second office in Richmond, Virginia, that invests in lower middle market companies in healthcare services, healthcare technology and business services. It targets platform companies with roughly $5 million to $30 million of EBITDA and backs established management teams, often alongside the founder. It raised an $875 million first fund in 2021 and a $1.35 billion Fund II in July 2024, and it now reports more than $2.2 billion under management.
Avesi chooses themes first and then looks for companies that fit them. Its healthcare themes include behavioral health, addiction treatment, pediatric therapy and services that lower costs for hospitals. On the business services side it looks at specialist outsourcing, insurance and risk services and technology enablement, such as its 2025 investment in UKG consultant Mosaic Consulting Group. Its companies then grow by buying others, so a smaller business is most likely to meet Avesi as an add-on to Point Quest, First Steps Recovery, Sands Point Risk or Danforth Advisors.
Recent deals
Announced in the 24 months before October 20, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Sep 2026 | New Age MedicalSt. Louis hub that supplies spinal surgery products to hospitals and surgery centers; the founder stays as CEO | Investment | Source | |
| Jun 2026 | Therapy 2000Growth investment in a Texas pediatric occupational, physical, speech and feeding therapy provider, announced by its advisor | Growth | Healthcare Services | Source |
| Dec 2025 | Georgia Recovery CampusGeorgia addiction treatment provider joined First Steps Recovery; its management team stays | Add-on | Healthcare Services | Source |
| Oct 2025 | Mosaic Consulting GroupFirst institutional investment in a Nashville UKG implementation consulting and managed services firm | Investment | IT Services & MSP | Source |
| Jul 2025 | BRM Specialty MarketsPhiladelphia medical stop-loss underwriter bought by Sands Point Risk; founders stay and keep the brand | Add-on | Source | |
| Dec 2024 | EleutheriaArizona school-based behavioral health provider bought by Point Quest; the owners stay | Add-on | Healthcare Services | Source |
Portfolio by sector
From the firm's portfolio page S4.
Business Services
- Danforth Advisors
- memoryBlue
- Mosaic Consulting Group
- Sands Point Risk
Healthcare
- First Steps Recovery
- Muir Wood
- New Age Medical
- Point Quest
- Therapy 2000
- Visante
Other
- One Point of Care (OPOC)
Greymont’s take
How Avesi Partners fits a seller
Avesi suits founders of growing healthcare or business services companies who want a partner to fund expansion and acquisitions while they keep leading. In its announced deals the founder or existing management usually stays: New Age Medical's founder remained CEO in 2026, and Mosaic took Avesi as its first outside institutional investor in 2025. Sellers of add-ons have often stayed too, such as the Georgia Recovery Campus team in 2025 and the owners of Eleutheria in 2024.
Avesi's releases describe investments and partnerships but rarely say whether it bought a majority. Owners should ask directly how much of the company Avesi would own, how much equity they would roll and how long Avesi expects to hold. Because the firm invests by theme, it also helps to ask which of its current themes your company fits.
Questions owners ask
What size companies does Avesi Partners invest in?
Its homepage and its September 2026 release put the target at roughly $5 million to $30 million of EBITDA for platform companies. Releases from 2021 and 2024 cited a $10 million floor, so the lower end has come down.
Which industries does Avesi Partners focus on?
Healthcare services, healthcare technology and business services. Current holdings include addiction and adolescent behavioral health treatment, pediatric therapy, hospital pharmacy consulting, outsourced sales development, insurance underwriting and UKG software consulting.
Do Avesi's portfolio companies make add-on acquisitions?
Yes, regularly. Point Quest bought Eleutheria in December 2024, Sands Point Risk bought BRM Specialty Markets in July 2025, and First Steps Recovery partnered with Georgia Recovery Campus in December 2025.
Sources
- S1Avesi Partners home page (EBITDA range, sectors, offices) Accessed October 20, 2026
- S2Avesi Partners: About Accessed October 20, 2026
- S3Avesi Partners: Investment Approach (themes) Accessed October 20, 2026
- S4Avesi Partners: Portfolio (current investments) Accessed October 20, 2026
- S5Avesi Partners: News Accessed October 20, 2026
- S6Avesi Partners Announces Closing of Fund II at $1.35 Billion (July 9, 2024) Accessed October 20, 2026
- S7Avesi Partners Announces Investment in New Age Medical (PR Newswire, September 28, 2026) Accessed October 20, 2026
- S8Avesi Partners Closes Initial Fund at $875 Million (July 2021) Accessed October 20, 2026
- S9Avesi Partners-backed Mosaic Consulting Group Launches Dedicated SAP Practice (April 21, 2026) Accessed October 20, 2026
- S10Avesi Partners: Investment Experience and Interest Accessed October 20, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Avesi Partners. Figures are as reported on the dates shown and may have changed. Request a correction