Growth equity firm
Fulcrum Equity Partners
- HeadquartersAtlanta, GA S2
- Founded2006 S1
- Websitefulcrumep.com
- Last verifiedNovember 3, 2026
At a glance
| Assets under management | $980M (as of Nov 2026) S1 |
|---|---|
| Latest fund | Fulcrum Fund V, $372M (Mar 2024) S5 |
| EBITDA range | $1M to $15M S2 |
| Check size | $5M to $35M S1 |
| Deal types | Growth, Minority, Platform, Add-on S1 |
| Sectors | Healthcare Services, Software & SaaS, IT Services & MSP, Cybersecurity, Veterinary |
What Fulcrum Equity Partners buys
Fulcrum Equity Partners is an Atlanta growth equity firm, active since 2006, that puts $5 million to $35 million of equity into companies in two fields. In healthcare services it wants $1 million to $15 million of EBITDA and growth of 20% or more a year, and it favors multi-site businesses that can open new locations, buy others and add related services. In B2B software it wants $2 million to $15 million of annual recurring revenue and growth of 40% or more. It reports about $980 million of assets under management across five funds.
Fulcrum takes both minority and majority positions, so a founder does not have to give up control. Its $372 million Fund V closed in March 2024 and holds Pediatrics Plus, SurgNet Health Partners and Defining Wellness Centers, among others. A smaller business is most likely to meet Fulcrum as a tuck-in to one of those holdings, since the firm said Fund V would also pay for tuck-in acquisitions.
Recent deals
Announced in the 24 months before November 3, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Oct 2026 | Kevel$52 million raise that included an expanded investment from Fulcrum | Investment | Software & SaaS | Source |
| Mar 2026 | Worth$30 million Series A led by Fulcrum | Growth | Software & SaaS | Source |
| Oct 2025 | Reflectiz$22 million Series B led by Fulcrum | Growth | Cybersecurity | Source |
| Aug 2025 | FieldPulse$50 million Series C led by Fulcrum, which also led the prior round | Growth | Software & SaaS | Source |
| Jun 2025 | Supply Wisdom$14 million Series B led by Jurassic Capital; Fulcrum is an existing investor | Investment | Software & SaaS | Source |
| May 2025 | Olio$11 million Series B led by Fulcrum | Growth | Software & SaaS | Source |
| Apr 2025 | Summit Spine & Joint CentersFulcrum exited through a recapitalization by Wellspring Capital Management | Exit | Healthcare Services | Source |
| Mar 2025 | DriverReachSold to Tenstreet | Exit | Software & SaaS | Source |
| Feb 2025 | NextaAdvertising self-serve platform added to Kevel | Add-on | Software & SaaS | Source |
| Jan 2025 | Pediatrics PlusPediatric therapy and developmental preschool provider, backed alongside Leavitt Equity Partners and Western Governors University | Investment | Healthcare Services | Source |
| January 2025 | ProxsysRxHospital pharmacy services company sold to Maxor | Exit | Healthcare Services | Source |
Portfolio by sector
From the firm's portfolio page S4.
B2B Software
- Ascent 360
- Canvs
- Digital Hands
- Dropoff
- Feathr
- FieldPulse
- Kevel
- Kobiton
- NavigatorCRE
- Reflectiz
- StudentBridge
- Supply Wisdom
- Tricentis
- TruckerCloud
- Vertify
- Virtuous
- Worth AI
HCIT
- Advantum Health
- Avant-garde Health
- Florence
- GoPivot
- Hatch
- MedScout
- Olio
Healthcare Services
- Defining Wellness Centers
- Golden State Medical Supply
- HomeFirst Home Health
- My Pet's Vet Group
- Pediatrics Plus
- Physician Services Group
- Regenesis Biomedical
- SurgNet Health Partners
- Texas Endovascular
Past investments: Summit Spine & Joint Centers, ProxsysRx, DriverReach, Prevalent, Red Bag Solutions
Greymont’s take
How Fulcrum Equity Partners fits a seller
Fulcrum suits the founder of a growing multi-site healthcare business who wants capital and operating help but may not want to sell the whole company. Its partners are former executives, and because it does both minority and majority deals, an owner can often take some money out and keep running things. It has real history in healthcare platforms: it backed Summit Spine & Joint Centers through two funds before Wellspring recapitalized the company in 2025.
Its software deals look more like venture rounds, such as the $30 million Series A at Worth in March 2026, so a software founder should expect a funding round rather than a sale. Owners should ask whether the deal would be minority or majority, how much of the money goes to them rather than into the company, and how much of Fund V is left, since that fund closed in 2024.
Questions owners ask
Will Fulcrum Equity Partners take a minority stake?
Yes. Its stated range is $5 million to $35 million of equity in minority and majority growth deals, so an owner does not have to sell control. It has said Fund V can also provide liquidity for shareholders.
What size healthcare company does Fulcrum look for?
Its criteria call for $1 million to $15 million of EBITDA and at least 20% yearly growth. It also looks for multi-site services that can grow through new sites and acquisitions, with room to add related services.
Does Fulcrum own a veterinary group?
Fulcrum lists My Pet's Vet Group, a Birmingham, Alabama primary care veterinary platform, as an active Fund IV holding. It announced a $5.5 million growth equity investment in January 2022, and the group's website now shows clinics in five states.
Does Fulcrum own a managed IT or security services company?
Yes. Digital Hands, a Tampa managed security service provider, is an active Fund III holding. Fulcrum files it under B2B software, but the company runs round-the-clock security operations as a service for its customers and partners.
Sources
- S1Fulcrum Equity Partners home page Accessed November 3, 2026
- S2Fulcrum: Investment Criteria Accessed November 3, 2026
- S3Fulcrum: Our Approach Accessed November 3, 2026
- S4Fulcrum: Portfolio Accessed November 3, 2026
- S5Fulcrum Equity Partners Announces $372M Fund V (March 12, 2024) Accessed November 3, 2026
- S6Fulcrum Equity Partners Announces $5.5M Series A Growth Equity Investment in My Pet's Vet Group (January 27, 2022) Accessed November 3, 2026
- S7Fulcrum: My Pet's Vet Group portfolio page Accessed November 3, 2026
- S8My Pet's Vet Group home page Accessed November 3, 2026
- S9Fulcrum: Digital Hands portfolio page Accessed November 3, 2026
- S10Digital Hands home page Accessed November 3, 2026
- S11Fulcrum: Summit Spine & Joint Centers portfolio page Accessed November 3, 2026
- S12Prevalent Acquired by Mitratech (October 2, 2024) Accessed November 3, 2026
- S13Fulcrum in the News Accessed November 3, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Fulcrum Equity Partners. Figures are as reported on the dates shown and may have changed. Request a correction