SAN MATEO, Calif.– Anacapa Partners, a leading private equity firm specializing in the lower middle market acquisitions through the search fund model, has announced the successful closing of its latest fund, Anacapa Partners III LP (“Fund III”), with total commitments reaching $79 million. This achievement underscores Anacapa Partners‘ continued leadership and expertise in the search fund investment space, providing crucial capital and support for aspiring entrepreneurs.
Anacapa Partners is dedicated exclusively to the search fund model, a unique investment strategy that empowers entrepreneurial individuals to identify, acquire, operate, and grow established businesses. With a long and successful track record in this niche, Anacapa Partners aims to deliver exceptional returns for all stakeholders by focusing on revenue expansion, operational efficiencies, strategic scaling, prudent financial leverage, and the implementation of advanced management practices. The firm distinguishes itself through its close partnerships with entrepreneurs, who are often graduates from top-tier MBA programs and military veterans. Anacapa Partners actively engages with these individuals throughout every stage of the investment lifecycle, from initial business screening and rigorous due diligence to deal structuring, operational oversight, and the development of effective exit strategies.
“We are thrilled to announce the completion of this fundraise and are eager to continue our partnerships with talented individuals, including elite professionals transitioning from military service, who are committed to pursuing an entrepreneurial career path,” stated Jeff Stevens, Founder and Managing Partner of Anacapa Partners. “Considering the evolving demographics in the U.S. and the increasing trend of baby boomers transitioning from business leadership roles, we recognize a sustained and growing opportunity for the search fund model. The successful launch of Fund III in an increasingly competitive market is a testament to the unwavering commitment of our investors, operators, advisors, and all our partners. We extend our sincere gratitude for their continued support of Anacapa Partners.”
Anacapa Partners strategically targets investments in profitable companies characterized by predictable, stable, and recurring revenue streams, coupled with significant potential for ongoing growth. Since its inception in 2010, Anacapa Partners has successfully raised $120 million across its three funds and has invested in 45 businesses, demonstrating its robust investment strategy and operational expertise.
“Anacapa Partners not only possesses deep expertise in search fund investing but has also cultivated a strong reputation for its collaborative approach with entrepreneurs, effectively driving substantial value creation within promising companies,” commented Colby Lane, CEO of PEC Safety. “Following their investment in PEC in November 2014, Jeff and Managing Director Ashley Giesler joined PEC’s board and provided consistent guidance and support across all facets of operating and scaling our business. Their involvement led to tangible positive outcomes, culminating in our recent successful sale to Thoma Bravo.”
Cooley LLP provided legal counsel for the formation of Anacapa Partners III LP.
About Anacapa Partners
Anacapa Partners is a private equity firm strategically focused on investing in operating companies identified by entrepreneurs utilizing the search fund business model. The firm adopts a proactive and hands-on approach, collaborating closely with search fund entrepreneurs throughout all phases of the investment process. This encompasses business screening to identify promising targets, thorough due diligence to assess viability, negotiation of optimal deal structures, ongoing operational oversight to ensure success, and strategic exploration of exit strategies to maximize returns. Over the past eight years, Anacapa Partners has engaged with 125 individuals and partnerships seeking to acquire nano-cap companies and has completed 45 investments in operating companies through the search fund approach. Anacapa Partners strategically partners with entrepreneurs sourced from leading MBA programs and elite special operations forces within the United States military. Founded in 2010, Anacapa Partners is headquartered in San Mateo, California. For more detailed information, please visit www.anacapapartners.com.
Contacts
Philip Nunes
BackBay Communications
617.391.0792
[email protected]
