Lower middle market growth capital investor (debt and equity)
Petra Capital Partners
- HeadquartersNashville, TN S1
- Founded1996 S2
- Websitepetracapital.com
- Last verifiedOctober 20, 2026
At a glance
| Latest fund | Petra Growth Fund V, $270M (Jan 2025) S5 |
|---|---|
| EBITDA range | $1M+ S3 |
| Revenue range | $10M+ S3 |
| Check size | $10M to $25M S3 |
| Deal types | Platform, Add-on, Minority, Growth S3 |
| Geography | United States S3 |
| Sectors | Healthcare Services, IT Services & MSP, Roofing, Construction Services, Accounting & Professional Services, Education |
What Petra Capital Partners buys
Petra Capital Partners is a Nashville firm that has provided growth capital to lower middle market companies since 1996. Unlike most buyout firms, it can put in debt and equity together, using mezzanine loans, preferred stock and common stock, and it is willing to hold either a controlling or a minority position. Its fifth fund, a $270 million fund licensed by the SBA as a small business investment company, finished raising money in January 2025. Petra often backs experienced executives as they launch new platforms, invests alongside other sponsors, and funds acquisitions for companies it already owns.
It looks for US healthcare or business services companies with more than $10 million of revenue, more than $1 million of EBITDA and an enterprise value of $10 million to $75 million, and it usually invests $10 million to $25 million. Healthcare is its largest area, from behavioral health to home care, while recent business services deals include IT services, roofing, restoration and engineering. A company with a few million dollars of EBITDA is well within its range.
Recent deals
Announced in the 24 months before October 20, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Feb 2026 | Pivot Point ConsultingHealthcare IT services firm combined with Innovative Consulting Group, announced with SV Health Investors and Health Enterprise Partners | Investment | IT Services & MSP | Source |
| Jan 2026 | RD Nutrition ConsultantsClinical dietitian services company bought with Conscious Capital Growth; the founder stays CEO with a meaningful stake | Platform | Healthcare Services | Source |
| 2026 | Ascend Learning PartnersMulti-school owner and operator of Goddard School early childhood centers | Investment | Education | Source |
| 2026 | KCI TelecommunicationsTelecom engineering, installation, data center support and network management services | Investment | IT Services & MSP | Source |
| 2026 | Agathos AECArchitecture and engineering services provider | Investment | Accounting & Professional Services | Source |
| Aug 2025 | C&D Industrial MaintenanceSoutheast commercial door and loading dock service company; Crescentia Capital co-invested and Petra provided financing | Growth | Source | |
| Jul 2025 | Common Thread CollectiveGrowth marketing agency for e-commerce brands, backed with The Acacia Group and other investors | Investment | Source | |
| May 2025 | Seaside Healthcare community agenciesHome and community-based behavioral health services in six Southeast states added to SUN Behavioral Health | Add-on | Healthcare Services | Source |
| May 2025 | Liberty Restoration GroupRestoration platform formed from two ServiceMaster Restore franchisees, with MBN Brands and SharpVue Capital | Platform | Construction Services | Source |
| Jan 2025 | Petra Growth Fund V$270 million SBIC fund reached its hard cap | Fund close | Source | |
| Jan 2025 | EpiCenter ERPPetra funded Cre8tive Technology and Design's purchase of the ERP services firm, adding 40 professionals | Add-on | IT Services & MSP | Source |
| 2025 | Sunbridge Home Health CarePediatric private duty nursing and IDD services provider in Alabama | Investment | Healthcare Services | Source |
| 2025 | Lieberman ResearchMarket research and analytics firm serving pharma, healthcare and consumer clients | Platform | Accounting & Professional Services | Source |
Portfolio by sector
From the firm's portfolio page S4.
Business Services
- KCI Telecommunications
- Agathos AEC
- C&D Industrial Maintenance
- Common Thread Collective
- Liberty Restoration Group
- Lieberman Research
- Royalty Roofing
- Commence.ai
- Keystone Foam
- Shipley Associates
- GBS Enterprises
Healthcare
- Ascend Learning Partners
- RD Nutrition Consultants
- Pivot Point Consulting
- Sunbridge Home Health Care
- Keystone Specialty Pharmacy
- Viva
- American Vascular
- Turnwell Mental Health Network
- Acute Behavioral Health
- Centerline Healthcare Partners
- Support, Inc.
- Aging with Comfort
- Doctors of Physical Therapy
- Etairos Health
- ABS Kids
- SUN Behavioral Health
- Urgent Team
Technology Enabled Services
- Cre8tive Technology and Design
- Read-a-thon
Greymont’s take
How Petra Capital Partners fits a seller
Petra fits owners who want growth money but are not ready to give up control, or who want to keep more of the company by mixing debt with equity. Its site says it can often put debt in place before a traditional lender would, which lets current owners hold on to a larger share. Petra also joins deals led by other firms, so a seller may meet it as a co-investor or lender rather than the lead buyer, as with C&D Industrial Maintenance and Liberty Restoration Group in 2025.
Founders often keep a stake. At RD Nutrition in January 2026 the founder stayed on as CEO and kept a meaningful share. An owner should ask how much of Petra's money would come as debt, what that debt costs and when it must be repaid, and who controls the board if Petra holds a minority position.
Questions owners ask
Does Petra Capital Partners take minority stakes?
Yes. Petra says it is comfortable with control or non-control positions. Its listed deal types include minority growth capital, recapitalizations, buyouts and acquisition financing, using mezzanine debt, preferred equity or common equity.
What size company does Petra invest in?
Its criteria call for US companies with more than $10 million of revenue, more than $1 million of EBITDA and an enterprise value between $10 million and $75 million, with investments of $10 million to $25 million.
Does Petra invest in IT services companies?
Yes. IT services, including managed services and cybersecurity, is one of its business services interests. Current holdings include Pivot Point Consulting, a healthcare IT services firm, KCI Telecommunications, and Cre8tive Technology and Design, whose purchase of EpiCenter ERP Petra funded in January 2025.
Sources
- S1Petra Capital Partners home page Accessed October 20, 2026
- S2Petra Capital Partners: About / Overview Accessed October 20, 2026
- S3Petra Capital Partners: Investment Criteria Accessed October 20, 2026
- S4Petra Capital Partners: Portfolio (current and former, with industry labels) Accessed October 20, 2026
- S5Petra Capital Partners Completes Fundraising on $270 Million Petra Growth Fund V (January 29, 2025) Accessed October 20, 2026
- S6Petra Capital Partners News Accessed October 20, 2026
- S7Conscious Capital Growth and Petra Capital Partners Acquire RD Nutrition Consultants (January 28, 2026) Accessed October 20, 2026
- S8Petra Capital Partners: Pivot Point Consulting portfolio page 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 Petra Capital Partners. Figures are as reported on the dates shown and may have changed. Request a correction