Lower middle market private credit and private equity firm
Capitala Group
- HeadquartersCharlotte, NC S7
- Founded1998 S1
- Websitecapitalagroup.com
- Last verifiedNovember 5, 2026
At a glance
| Latest fund | Latest fundraise (including leverage and separately managed accounts), $1B (Mar 2025) S8 |
|---|---|
| EBITDA range | $5M to $20M S2 |
| Check size | $2M to $25M S2 |
| Deal types | Platform, Add-on, Minority, Growth S2 |
| Geography | United States S4 |
| Sectors | Industrial & Manufacturing, Healthcare Services, Distribution, Construction Services, Accounting & Professional Services, Roofing |
What Capitala Group buys
Capitala Group is a Charlotte private markets firm, founded in 1998, that lends to and invests in lower middle market companies across the United States. Most of its recent deals are loans, often with an equity co-investment beside them. It looks for $5 million to $20 million of EBITDA, margins above 10%, positive cash flow and experienced managers. Equity checks run $5 million to $25 million for control and $2 million to $10 million for a minority stake. Senior and unitranche loans run $10 million to $100 million.
Its March 2025 fundraise of more than $1.0 billion, which counts leverage and separately managed accounts, included over $300 million for equity, and the firm describes the strategy as non-control growth capital. The likeliest result is a loan plus a minority stake, as in Price Circuits and McNish. Control deals do happen: Capitala and management bought Source Support Services from its founder in 2020. For independent sponsors it will go down to $3 million of EBITDA, so a smaller company may meet it that way.
Recent deals
Announced in the 24 months before November 5, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Sep 2026 | TRS ServicesHouston gas turbine component repair company, held through debt and an equity co-investment since February 2024; sold to a private equity-backed strategic buyer on August 14, 2026 | Exit | Industrial & Manufacturing | Source |
| Sep 2026 | Price CircuitsDebt and equity co-investment in an Elgin, Illinois printed circuit board maker, with Exeter Street Capital Partners and Five Points Capital | Investment | Industrial & Manufacturing | Source |
| Aug 2025 | Novellum LongevitySenior debt and equity co-investment alongside Boyne Capital to form a management company for longevity and wellness clinics | Investment | Healthcare Services | Source |
| Jun 2025 | McNishLed the senior debt and took a minority equity co-investment alongside Boyne Capital in a maker of wastewater treatment equipment | Investment | Industrial & Manufacturing | Source |
| Mar 2025 | Capitala latest fundraiseMore than $1.0 billion of commitments, including leverage and separately managed accounts | Fund close | Source | |
| Feb 2025 | LifeSyncPatient monitoring device maker sold to Amphenol; Capitala fully exited its equity | Exit | Source | |
| Feb 2025 | Visible Body3D anatomy models and software company sold to Cengage Group | Exit | Software & SaaS | Source |
| Jan 2025 | Newbury Franklin Industrials$10 million senior debt refinancing of a Buffalo industrial distributor; debt only | Investment | Distribution | Source |
| 2025 | Concrete CompanyArizona commercial concrete services company, listed on the portfolio page with the year only | Investment | Construction Services | Source |
| Dec 2024 | The Stonewall Group$20 million debt refinancing of a Louisiana buyer of architecture and engineering firms, backed by South Oak Capital Partners; debt only | Investment | Accounting & Professional Services | Source |
Portfolio by sector
From the firm's portfolio page S5.
Accounting & Professional Services
- The Stonewall Group
Building Products
- Aligned Exteriors Group
- Concrete Company
Business Services
- All Claims
- Eastport Holdings
- Fremont-Wright
- Overdrive Interactive
- Reliant Account Management
- Tactical Air Support
- Uni K Wax Group
Construction Services
- Stueve Construction
Consumer Products
- Chicken Soup for the Soul
Education Services
- VisionPoint Marketing
General Industrial
- Price Circuits
- McNish
- Freedom Electronics
- Mason West
- Peterson Manufacturing
- Newbury Franklin Industrials
Healthcare & Pharmaceuticals
- Champion Wellness Centers
- Novellum Longevity
- Premier Radiology Services
- Veridian Healthcare
Information Technology
- Source Support Services
- Better Car People
Recreation, Leisure & Entertainment
- Jurassic Quest
- Linden Lab
- New Wave Entertainment
Other
- Security Solutions of America
Greymont’s take
How Capitala Group fits a seller
Capitala suits an owner who wants growth capital or a partial cash-out without handing over the company, or a management team that wants one source for both debt and equity. Its latest raise targets non-control growth capital for family-owned, founder-owned and independent sponsor-owned businesses.
Most recent deals were co-investments beside a sponsor, so in a full sale Capitala is more likely to be a financing partner than the lead buyer. It can lead, though: it was lead investor in Proactive Dealer Solutions, sold in 2024. Because the firm is often both a lender and a shareholder, an owner should ask what rights its loan carries if results slip, and who will hold control after closing.
Questions owners ask
Is Capitala Group a lender or a private equity firm?
Both. It offers senior and unitranche loans along with control and minority equity, often together. Most deals it has announced since late 2024 are loans, some with an equity co-investment beside them.
Does Capitala actually take equity stakes?
Yes. Price Circuits in September 2026 was a debt and equity co-investment, McNish in June 2025 included a minority equity stake, and Capitala and management bought Source Support Services from its founder in 2020.
What size company does Capitala look for?
Its criteria call for $5 million to $20 million of EBITDA and margins above 10%. Its independent sponsor page goes as low as $3 million of EBITDA, with $10 million to $50 million invested per deal.
Does Capitala own a technology support company?
It holds Source Support Services, an outsourced field support provider for makers of data center, enterprise IT, medical and automation equipment. Capitala and senior management bought it from the founder in 2020.
Sources
- S1Capitala Group home page Accessed November 5, 2026
- S2Capitala: Our Investment Strategy Accessed November 5, 2026
- S3Capitala: About Us Accessed November 5, 2026
- S4Capitala: Capital Solutions for Independent Sponsors Accessed November 5, 2026
- S5Capitala: Portfolio All Accessed November 5, 2026
- S6Capitala: Latest News and Activity Accessed November 5, 2026
- S7Capitala: Contact Us Accessed November 5, 2026
- S8Capitala Group Successfully Closes Oversubscribed Fund with $1.0 Billion in Commitments (March 12, 2025) Accessed November 5, 2026
- S9Capitala Group Announces Investment in Price Circuits (September 17, 2026) Accessed November 5, 2026
- S10Capitala Group Provides Financing to Support Strategic Investment in McNish (June 3, 2025) Accessed November 5, 2026
- S11Capitala Group Makes Strategic Growth Investment in Source Support Services (January 7, 2020) Accessed November 5, 2026
- S12Source Support Services home page Accessed November 5, 2026
- S13Capitala Group Announces Sale of Proactive Dealer Solutions (September 11, 2024) Accessed November 5, 2026
- S14Capitala: 2024 Year in Review (January 23, 2025) Accessed November 5, 2026
- S15Capitala: Information Technology portfolio Accessed November 5, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Capitala Group. Figures are as reported on the dates shown and may have changed. Request a correction