Middle market special situations private equity firm
Nexus Capital Management
- HeadquartersLos Angeles, CA S1
- Founded2013 S1
- Websitenexuslp.com
- Last verifiedOctober 20, 2026
At a glance
| Assets under management | $5B (as of Oct 2026) S1 |
|---|---|
| Latest fund | Nexus Special Situations IV, $1.4B (Sep 2025) S5 |
| Revenue range | $100M+ S2 |
| Check size | $50M to $250M S2 |
| Deal types | Platform, Add-on, Minority, Growth S2 |
| Geography | North America S2 |
| Sectors | Consumer & Food, Education, Industrial & Manufacturing |
What Nexus Capital Management buys
Nexus Capital Management is a Los Angeles firm, founded in 2013, that manages more than $5 billion. It goes after deals with a complication that keeps other buyers away: a division being sold off by a large corporation, a family or founder handing off ownership, a company that is hard to finance, or a business with too much debt. It usually takes control of North American companies with $100 million or more in yearly sales and enterprise values of about $100 million to $1 billion, putting in roughly $50 million to $250 million per deal. Its target industries are industrials, education, consumer brands and business services.
Its fourth flagship fund, Nexus Special Situations IV, closed at about $1.4 billion in September 2025. Beyond buyouts, Nexus can pair senior lending with equity, buy preferred stock or take a minority stake. A smaller company is most likely to meet Nexus as an add-on to one of its platforms, as when Laird Superfood bought Navitas and Terrasoul in 2026 or Dollar Shave Club bought Truly Beauty.
Recent deals
Announced in the 24 months before October 20, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Sep 2026 | Truly BeautyDollar Shave Club's first acquisition, adding a body care and beauty brand popular with younger shoppers | Add-on | Consumer & Food | Source |
| Jun 2026 | ACTCollege and career readiness testing group sold to ETS | Exit | Education | Source |
| Apr 2026 | Terrasoul SuperfoodsBought by Laird Superfood for $48 million in cash, funded by an added $60 million preferred equity investment from Nexus | Add-on | Consumer & Food | Source |
| Mar 2026 | Navitas OrganicsLaird Superfood completed its purchase of the organic superfoods brand | Add-on | Consumer & Food | Source |
| Mar 2026 | BlackboardAnthology's teaching and learning software business left Chapter 11 debt-free as Blackboard, owned by former lenders including Nexus | Investment | Education | Source |
| Mar 2026 | Anthology Lifecycle Engagement and Student Success businessesBought by Encoura as part of the Anthology restructuring | Add-on | Education | Source |
| Dec 2025 | Laird Superfood$50 million convertible preferred equity investment to fund the Navitas purchase | Investment | Consumer & Food | Source |
| Sep 2025 | Nexus Special Situations IVFlagship fund closed with about $1.4 billion of commitments | Fund close | Source | |
| Aug 2025 | Post Advisory GroupMinority stake in the credit investment manager, alongside Aranda | Minority | Source | |
| Feb 2025 | Tricam IndustriesMaker of ladders, garden carts and other home improvement products sold under the Gorilla brand | Platform | Industrial & Manufacturing | Source |
Portfolio by sector
From the firm's portfolio page S3.
Building Products
- Lamps Plus
- Tricam Industries
Business Services
- FTD
Consumer Products
- TOMS
Education
- Blackboard
- Encoura
- Savvas Learning Company
Food & Beverage
- CK Snacks
- Laird Superfood
- TruRoots
Industrial Services
- Cultivar Group
Industrials / Defense
- HDT Global
Internet
- MediaLab
Marketing Services
- Acosta
Personal Care
- Dollar Shave Club
- MAV Beauty
- Sugarbear
Pet
- Ethos Pet Brands
Professional Products
- Careismatic Brands
Greymont’s take
How Nexus Capital Management fits a seller
Nexus suits owners of larger companies, generally above $100 million in revenue, whose sale has a wrinkle: a family succession, a business being carved out of a parent company, a stretched balance sheet or a turnaround. It is comfortable with situations that slow down or scare off ordinary buyers, and it can mix debt and equity to make a deal work. Owners of smaller businesses are more likely to deal with a Nexus company buying them as an add-on, as Dollar Shave Club did with Truly Beauty in September 2026.
Because many Nexus deals involve restructurings or structured securities, an owner should ask whether the offer is a full sale or a structured investment such as preferred stock, how the purchase will be financed, and how much debt the business will carry after closing.
Questions owners ask
What size company does Nexus Capital look for?
Its target platforms have yearly sales of $100 million or more and enterprise values of about $100 million to $1 billion, with an average Nexus investment of $50 million to $250 million.
Does Nexus only buy distressed companies?
No. Restructurings are one of three strategies. Nexus also buys corporate carve-outs, does family and founder-owned buyouts and recapitalizations, and makes structured investments that pair senior capital with equity.
Which industries does Nexus focus on?
Industrials such as machinery and building products, education such as curriculum and testing, consumer brands in food, beverage and personal care, and business services such as marketing and information services.
How large is Nexus's latest fund?
Nexus Special Situations IV closed in September 2025 with about $1.4 billion of committed capital, larger than the prior fund, and the firm says it manages about $5 billion in total.
Sources
- S1Nexus Capital home page (founded 2013, Los Angeles, AUM $5.0B+) Accessed October 20, 2026
- S2Nexus Capital: Approach (target size, deal types, industries) Accessed October 20, 2026
- S3Nexus Capital: Portfolio (active and realized) Accessed October 20, 2026
- S4Nexus Capital: News Accessed October 20, 2026
- S5Nexus Announces Closing of Nexus Special Situations IV, L.P. (PR Newswire, September 19, 2025) Accessed October 20, 2026
- S6Nexus Capital: Tricam Industries (investment year 2025) Accessed October 20, 2026
- S7Dollar Shave Club Announces Acquisition of Truly Beauty (PR Newswire, September 1, 2026) Accessed October 20, 2026
- S8Blackboard, Formerly Anthology, Emerges Debt-Free (March 2, 2026) Accessed October 20, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Nexus Capital Management. Figures are as reported on the dates shown and may have changed. Request a correction