Upper middle market private equity firm
TriArtisan Capital Advisors
Formerly TriArtisan Capital Partners
- HeadquartersWest Palm Beach, FL S3
- Founded2016 S1
- Websitetriartisan.com
- Last verifiedOctober 20, 2026
At a glance
| EBITDA range | $25M to $300M S1 |
|---|---|
| Deal types | Platform, Add-on, Growth S1 |
| Sectors | Consumer & Food, Transportation & Logistics |
What TriArtisan Capital Advisors buys
TriArtisan Capital Advisors is a West Palm Beach private equity firm that buys large, established companies, most visibly national restaurant and consumer brands, along with industrial and business services companies. It looks for businesses with $25 million to $300 million of EBITDA, far above the lower middle market. It invests money supplied by sovereign wealth funds, alternative asset managers and family offices, and says it can do leveraged buyouts, growth equity, spin-offs, carve-outs, roll-ups, recapitalizations and restructurings, including taking public companies private.
The firm was set up in 2016 by the founders of TriArtisan Capital Partners, which dates to 2002, and moved its headquarters from New York City to Florida in December 2025. Its current holdings are Denny's, P.F. Chang's, the food platform C3, Mears Transportation and EnergySolutions, which it agreed to sell in April 2026. In January 2026 it closed the $620 million Denny's take-private. A company far below its size range is unlikely to be a direct fit; the nearer route is a sale to one of its portfolio companies, as when EnergySolutions bought Cabrera Services in 2024.
Recent deals
Announced in the 24 months before October 20, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Apr 2026 | EnergySolutionsAgreement to sell the nuclear waste processing and decommissioning company to Energy Capital Partners; closing expected in 2026 | Exit | Environmental & Waste | Source |
| Jan 2026 | Denny'sTake-private of the diner chain with Treville Capital Group and Yadav Enterprises, announced in November 2025 as a $620 million transaction | Platform | Consumer & Food | Source |
Portfolio by sector
From the firm's portfolio page S1.
Industrial Services
- EnergySolutions Sale pending
Retail / Consumer
- Denny's
- P.F. Chang's
- C3 (Creating Culinary Communities)
- Mears Transportation Group
Past investments: TGI Friday's, Form Technologies, Sur la Table, Paper Source
Greymont’s take
How TriArtisan Capital Advisors fits a seller
TriArtisan is a buyer for owners of large, well-known businesses, not for most founder-run companies. Its $25 million EBITDA floor rules out the typical lower middle market seller as a new platform, and its recent deals have been big, complex transactions such as the Denny's take-private, done with co-investors. Owners of a restaurant group, consumer brand or industrial services company at that scale may find it a flexible partner, since it lists carve-outs, recapitalizations and restructurings among the deals it will do.
Smaller owners are more likely to meet TriArtisan when one of its portfolio companies wants to buy them. Anyone talking to the firm should ask which investors would fund the deal, since TriArtisan invests capital supplied by outside institutions and does not publish a flagship fund, and how long it usually holds a company.
Questions owners ask
What size companies does TriArtisan Capital Advisors buy?
Its website says it targets companies with EBITDA of $25 million to $300 million, which puts it in the upper middle market rather than the lower middle market.
What has TriArtisan bought recently?
In January 2026 it completed the take-private of Denny's, the diner chain, together with Treville Capital Group and Yadav Enterprises, in a deal announced in November 2025 at about $620 million.
Is TriArtisan selling EnergySolutions?
Yes. In April 2026 Energy Capital Partners agreed to buy the nuclear services company from TriArtisan, which first invested in 2018. The sale was expected to close during 2026.
Where is TriArtisan Capital Advisors based?
The firm moved its headquarters from New York City to West Palm Beach, Florida, in December 2025, according to its own news page.
Sources
- S1TriArtisan Capital Advisors home page (about, investment criteria, portfolio) Accessed October 20, 2026
- S2TriArtisan News Accessed October 20, 2026
- S3TriArtisan has relocated its headquarters from New York City to West Palm Beach (December 12, 2025) Accessed October 20, 2026
- S4Denny's Corporation to be Acquired by TriArtisan Capital Advisors, Treville Capital Group and Yadav Enterprises (November 3, 2025) Accessed October 20, 2026
- S5Denny's Corporation Announces Completion of Acquisition (January 16, 2026) Accessed October 20, 2026
- S6EnergySolutions to be Acquired by Energy Capital Partners (April 6, 2026) Accessed October 20, 2026
- S7TriArtisan: EnergySolutions portfolio page Accessed October 20, 2026
- S8EnergySolutions Expands Federal Market Footprint with Acquisition of Cabrera Services (March 11, 2024) 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 TriArtisan Capital Advisors. Figures are as reported on the dates shown and may have changed. Request a correction