Lower middle market private equity firm
Everglades Equity
- HeadquartersMiami, FL S4
- Founded2019 S5
- Websiteevergladesequity.com
- Last verifiedNovember 4, 2026
At a glance
| EBITDA range | $3M to $12M S2 |
|---|---|
| Revenue range | $5M to $100M S4 |
| Deal types | Platform S2 |
| Geography | United States, Canada S2 |
| Sectors | Landscaping, Distribution, Industrial & Manufacturing, Consumer & Food |
What Everglades Equity buys
Everglades Equity is a Miami private equity firm that Brett Craig, a former principal at Hidden Harbor Capital Partners, launched in October 2019. It buys majority stakes in lower middle market companies based in the US or Canada, typically with $3 million to $12 million of EBITDA and, according to its May 2025 brochure, $5 million to $100 million of revenue. It does buyouts of private companies, founder or family ownership transitions and corporate carve-outs.
Its target list is broad: business process outsourcing, distribution, facilities services, food and beverage, industrial services and niche manufacturing. The brochure goes further and names commercial cleaning, laundry, security, language and legal services, among others. It wants recurring revenue, loyal customers and strong cash flow. So far it lists one holding, Sun State Nursery & Landscaping, a Jacksonville commercial landscaper bought in May 2025 with Gladstone Investment. It publishes no check size and has announced no add-ons. A company under $3 million of EBITDA falls below its stated range.
Recent deals
Announced in the 24 months before November 4, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| May 2025 | Sun State Nursery & LandscapingJacksonville, Florida commercial landscaping company, bought with senior debt and equity from Gladstone Investment | Platform | Landscaping | Source |
Portfolio by sector
From the firm's portfolio page S3.
Facility Services
- Sun State Nursery & Landscaping
Greymont’s take
How Everglades Equity fits a seller
Everglades suits a founder or family with a steady service or distribution business and at least $3 million of EBITDA who wants to sell control but keep running the company. The firm says it stays out of daily operations and builds each board around operating partners with consulting and corporate backgrounds. It also says it treats intermediaries as true partners.
The caution is track record. Seven years after launch it lists one company, and that deal used debt and equity from Gladstone Investment. Ask how Everglades funds each purchase, whether it has committed capital or raises money deal by deal, and how much say a capital partner would have. It is also fair to ask to speak with Sun State's management about life under this ownership.
Questions owners ask
What size company does Everglades Equity buy?
Its criteria call for EBITDA of $3 million to $12 million. Its May 2025 brochure also gives a revenue range of $5 million to $100 million for platform investments in the US and Canada.
Does Everglades Equity get involved in daily operations?
By its own account, no. Its brochure says it stays out of day-to-day operations, and its home page says management keeps running the business while the firm helps on strategy through the board.
Has Everglades Equity bought a landscaping company?
Yes. Its one listed company is Sun State Nursery & Landscaping, a Jacksonville commercial landscaper founded in 1979. The May 2025 deal was done with Gladstone Investment, which supplied senior debt and equity.
Sources
- S1Everglades Equity home page Accessed November 4, 2026
- S2Everglades Equity: Criteria Accessed November 4, 2026
- S3Everglades Equity: Portfolio Accessed November 4, 2026
- S4Everglades Equity overview brochure (May 2025) Accessed November 4, 2026
- S5Everglades Equity Launches to Invest in Leading Lower Middle Market Companies (October 16, 2019) Accessed November 4, 2026
- S6Gladstone Investment Corporation Invests In Sun State Nursery & Landscaping (ACCESS Newswire, May 23, 2025) Accessed November 4, 2026
- S7Everglades Equity: Team Accessed November 4, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Everglades Equity. Figures are as reported on the dates shown and may have changed. Request a correction