Lower middle market private equity firm
Fifth Ocean Capital Management
- HeadquartersBoca Raton, FL S6
- Websitefifthoceancapital.com
- Last verifiedNovember 2, 2026
At a glance
| EBITDA range | $3M+ S3 |
|---|---|
| Revenue range | Up to $100M S3 |
| Deal types | Platform, Add-on, Growth S3 |
| Geography | North America S3 |
| Sectors | Consumer & Food, Industrial & Manufacturing |
What Fifth Ocean Capital Management buys
Fifth Ocean Capital Management is a Boca Raton, Florida firm that invests in lower middle market companies based in North America. It looks for businesses with at least $3 million of EBITDA and up to $100 million of revenue, and it sets no minimum size for add-on acquisitions. Its stated industries are services, consumer products, niche manufacturing, logistics, packaging and ingredients. It will consider recapitalizations, ownership transitions, management buyouts, growth equity, buy and build plans and corporate carve-outs.
The firm is small, lists two current companies and has brought in a partner on both deals: Boyne Capital on Blue Monkey Beverages in February 2025 and Tartan Investment Partners on Complete Production Resources in September 2026. Co-founder Stephen Beck, a former beverage executive, became Blue Monkey's CEO after the deal, and Blue Monkey has since bought the Local Weather sports drink brand. A founder below the $3 million EBITDA mark is most likely to meet Fifth Ocean as an add-on to one of its two companies.
Recent deals
Announced in the 24 months before November 2, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Sep 2026 | Complete Production ResourcesOrlando live event production and equipment rental company, backed with Tartan Investment Partners; the co-founder and CEO kept a significant stake | Investment | Source | |
| Mar 2026 | Local WeatherCoconut water sports drink brand bought by Blue Monkey Beverage | Add-on | Consumer & Food | Source |
| Feb 2025 | Blue Monkey BeveragesJuice and coconut water brand bought with Boyne Capital; Fifth Ocean's Steve Beck became CEO | Platform | Consumer & Food | Source |
Portfolio by sector
From the firm's portfolio page S4.
Current Investments
- Blue Monkey Beverages
- Complete Production Resources
Greymont’s take
How Fifth Ocean Capital Management fits a seller
Fifth Ocean fits founders of consumer brands, food and beverage companies and service businesses with $3 million or more of EBITDA who want a hands-on partner rather than a large fund. Its team leans toward food and beverage: one co-founder ran several beverage and food companies, and two of its operating advisors come from that industry. In both deals so far it brought in a co-investor, and Boyne Capital's release called Fifth Ocean an independent sponsor, so a sale may involve two buyers at the table. In the Complete Production Resources deal, the co-founder and CEO kept a significant stake and stayed in charge.
An owner should ask how Fifth Ocean funds each deal and who will hold control, whether the plan calls for a new CEO, as happened at Blue Monkey, and how long it expects to own the company.
Questions owners ask
What size company does Fifth Ocean Capital look for?
Its focus page asks for companies based in North America with at least $3 million of EBITDA and revenue of up to $100 million. It sets no minimum size for add-on acquisitions to companies it already owns.
Does Fifth Ocean invest on its own?
In its two announced deals it partnered with another firm: Boyne Capital on Blue Monkey Beverages in February 2025 and Tartan Investment Partners on Complete Production Resources in September 2026. Boyne's release described Fifth Ocean as an independent sponsor.
Does the founder stay involved after a Fifth Ocean deal?
It depends on the deal. At Complete Production Resources, CEO and co-founder Kelly Greene kept a significant ownership stake and continues to lead the company. At Blue Monkey, Fifth Ocean co-founder Steve Beck took over as CEO.
Sources
- S1Fifth Ocean Capital Management home page Accessed November 2, 2026
- S2Fifth Ocean: About Accessed November 2, 2026
- S3Fifth Ocean: Our Strategy & Focus (criteria) Accessed November 2, 2026
- S4Fifth Ocean: Portfolio Accessed November 2, 2026
- S5Fifth Ocean: Team Accessed November 2, 2026
- S6Fifth Ocean Capital and Tartan Investment Partners Announce Strategic Investment in Complete Production Resources (PR Newswire, September 28, 2026) Accessed November 2, 2026
- S7Boyne Capital Announces New Platform Investment in Blue Monkey Beverages (PR Newswire, February 27, 2025) Accessed November 2, 2026
- S8Blue Monkey Beverage Acquires Local Weather Sports Drink (press release, March 2, 2026) Accessed November 2, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Fifth Ocean Capital Management. Figures are as reported on the dates shown and may have changed. Request a correction