Lower middle market private equity firm
GCP Capital Partners
Formerly Greenhill Capital Partners
- HeadquartersNew York, NY S1
- Founded2000 S1
- Websitegcpcapital.com
- Last verifiedOctober 26, 2026
At a glance
| EBITDA range | $2M to $25M S2 |
|---|---|
| Check size | $10M to $50M S2 |
| Deal types | Platform, Add-on, Minority, Growth S2 |
| Geography | North America S2 |
| Sectors | Insurance Brokerage, Software & SaaS, Accounting & Professional Services, Landscaping |
What GCP Capital Partners buys
GCP Capital Partners is a New York private equity firm that started in 2000 as the merchant banking arm of Greenhill & Co. and has run on its own since 2009. Its funds have put about $2.0 billion into more than 70 companies. It works in two areas: tech-enabled business services, such as software, marketing technology, data, insurance services, legal services and IT services, and financial services and technology, such as payments, community banks and insurance. It will take control or a meaningful minority stake, and it likes companies at a turning point, often after venture funding but before an IPO or a larger buyout.
The stated target is a lower middle market company with $2 million to $25 million of operating profit. GCP usually invests $10 million to $50 million per deal in companies valued at roughly $25 million to $250 million, and it says it will go smaller or larger in some cases. A small insurance agency is most likely to meet GCP through ALKEME, its California brokerage platform, which buys agencies across the country every quarter.
Recent deals
Announced in the 24 months before October 26, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Oct 2026 | Ambassador Group, Thomson Financial Services and C&W Insurance AgencyThree agencies in Arizona, Connecticut and Kansas joined ALKEME during the third quarter | Add-on | Insurance Brokerage | Source |
| Sep 2026 | Fieldpoint PrivateGCP joined a $34 million equity raise for the Greenwich, Connecticut private bank, led by Strategic Value Bank Partners | Investment | Source | |
| Jul 2026 | LG Insurance, Blue Lion Insurance, Top Floor Insurance and five other agenciesEight agencies across seven states joined ALKEME during the second quarter | Add-on | Insurance Brokerage | Source |
| Apr 2026 | Centennial State Insurance Group, Aloha Insurance, Western Alliance and four other agenciesSeven agencies from Hawaii to Massachusetts joined ALKEME during the first quarter | Add-on | Insurance Brokerage | Source |
| Jan 2026 | Merritt Hall, Couch Braunsdorf Insurance Group, JXX Insurance Agency, Bellwether and Health Connect Insurance AgencyFive agencies in Indiana, New Jersey, California and Florida joined ALKEME in late 2025 | Add-on | Insurance Brokerage | Source |
| Jun 2025 | ALKEME InsuranceSingle-asset continuation vehicle anchored by Apollo S3; GCP keeps control of the brokerage | Investment | Insurance Brokerage | Source |
| Apr 2025 | SuperscapesMajority recapitalization, alongside TZP Group, of a Texas commercial landscaping company | Platform | Landscaping | Source |
| Dec 2024 | Relion Insurance SolutionsOne of Iowa's largest independent agencies joined ALKEME | Add-on | Insurance Brokerage | Source |
Portfolio by sector
From the firm's portfolio page S3.
Business Services
- Gavnat Current
- Geoforce Current
- Mobilewalla Current
- Superscapes Current
- Tresata Current
- UpdatePromise Current
- Verita Current
- Zeta Global Current
Financial Services / Technology
- ALKEME Insurance Current
- Citcon Current
- CoastalSouth Bancshares Current
- Fieldpoint Private Current
- Grasshopper Current
- MapleMark Bank Current
- Movantis Current
- Nexio Current
- US Century Bank Current
Greymont’s take
How GCP Capital Partners fits a seller
GCP suits owners of business services, insurance or financial technology companies who want a backer that can take either control or a sizable minority stake and then pay for growth through acquisitions. ALKEME shows how that works: GCP has backed the brokerage since it was formed in 2020, and ALKEME has completed more than 95 acquisitions since then. An agency owner who sells to ALKEME joins a national platform and deals with ALKEME's team rather than with GCP directly.
GCP calls itself a patient, long-term investor. In June 2025 it used a continuation vehicle to keep control of ALKEME longer than a normal fund life would allow. It also invests alongside other firms, as it did with TZP Group in the 2025 Superscapes deal. An owner should ask whether GCP wants control or a minority stake, and which other investors would share the board.
Questions owners ask
What size company does GCP Capital Partners look for?
Its criteria call for $2 million to $25 million of operating profit and investments of $10 million to $50 million, with portfolio companies valued at about $25 million to $250 million. It says it will consider earlier-stage companies in some sectors.
Does GCP buy insurance agencies?
Mostly through ALKEME Insurance, the brokerage platform it controls. ALKEME announced 23 agency acquisitions in four quarterly updates between January and October 2026, covering states from Hawaii to New Jersey.
Does GCP take minority stakes?
Yes. It makes both control and influential minority investments. In September 2026, for example, it took part in a $34 million equity raise for Fieldpoint Private, a Connecticut private bank, in a round led by another investor.
Has GCP invested in landscaping or other field services?
Yes. In April 2025 GCP and TZP Group completed a majority recapitalization of Superscapes, a commercial landscaping company that serves HOAs, apartment communities and commercial properties in Texas and Arkansas.
Sources
- S1GCP Capital Partners home page Accessed October 26, 2026
- S2GCP Capital Partners: Approach and criteria Accessed October 26, 2026
- S3GCP Capital Partners: Our Portfolio Accessed October 26, 2026
- S4GCP Capital Partners: News Accessed October 26, 2026
- S5GCP Capital Partners, TZP Group Lead Recapitalization of Superscapes (April 7, 2025) Accessed October 26, 2026
- S6GCP Closes Single-Asset Continuation Vehicle for ALKEME Insurance with Apollo S3 (June 12, 2025) Accessed October 26, 2026
- S7Fieldpoint Private Announces $34 Million Capital Raise (September 23, 2026) Accessed October 26, 2026
- S8ALKEME: Three Strategic Acquisitions in Q3 2026 (October 1, 2026) Accessed October 26, 2026
- S9ALKEME: Eight Strategic Acquisitions in Q2 2026 (July 1, 2026) Accessed October 26, 2026
- S10ALKEME: Seven Strategic Acquisitions in Q1 2026 (April 1, 2026) Accessed October 26, 2026
- S11ALKEME: Five Strategic Acquisitions (January 14, 2026) Accessed October 26, 2026
- S12ALKEME Acquires Relion Insurance Solutions (December 12, 2024) Accessed October 26, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with GCP Capital Partners. Figures are as reported on the dates shown and may have changed. Request a correction