CapitalPad for Sponsors

A Co-Investment Group Backing Sponsor-Led Acquisitions

A Co-Investment Group Backing Sponsor-Led Acquisitions

CapitalPad invests equity alongside independent sponsors
acquiring established lower middle market companies

Equity capital for independent sponsor transactions in the
lower middle market

No cost to sponsors at any stage

Sponsor-Led Acquisitions

The Investor Group Behind Your Deal

CapitalPad is a private equity co-investment group investing in the lower middle market. We invest in independent sponsor deals through a select base of accredited investors, with institutional partners participating where additional equity capacity is appropriate.

We typically invest $1M to $2.5M of equity per transaction. Individual investors are coordinated into a single commitment. One SPV. One wire. One partner through close.

Deals are reviewed with a focus on company quality, sponsor fit, structure, economics, and path to close.

Investor capital for independent sponsor and searcher deals
For illustrative purposes only. Not a current offering.

Built for Sponsor-Led Transactions

Experienced Capital

A select investor base with experience evaluating sponsor-led acquisitions in the lower middle market.

One SPV. One Wire. One Partner

Individual commitments are aggregated into a single SPV, giving sponsors one subscription, one wire, and one cap table entry.

No Sponsor Fees

CapitalPad charges sponsors nothing at any stage. We earn carry from our investors when the investment performs.

Our Sweet Spot

What We Invest In

CapitalPad backs established, profitable lower middle market companies acquired predominantly through the independent sponsor model.

Target profile:

  • EBITDA: $1M to $7M
  • Enterprise value: $5M to $30M
  • Deal stage: Under LOI
  • Geography: United States and Canada
  • Deal type: Sponsor-led acquisition
  • Typical equity check: $1M to $2.5M

We occasionally review opportunities outside this profile, including self-funded searcher deals, when business quality, sponsor fit, structure, and investor economics are exceptionally compelling.

Industry Focus

Representative Industries

We are industry-agnostic, but we favor established, profitable businesses with durable demand and low exposure to disruption. We are more cautious on technology-driven categories where that durability is harder to underwrite.

Example industries:

  • Residential and commercial trades
  • Professional and business services
  • Healthcare and healthcare business services
  • Testing, inspection, certification, and compliance
  • Facilities and environmental services
  • Specialty and value-added distribution
  • Auto, fleet, and mobility services
  • Light industrial and niche manufacturing
  • Logistics, equipment rental, and route-based services

Our Process

How a Deal Moves Through CapitalPad

Review

Every deal is evaluated against company quality, sponsor track record, deal structure, and economics. Our investment team confirms terms align with what our network expects, and works with sponsors on small adjustments when useful for clarity. We provide clear feedback within 2-3 business days, regardless of outcome.

Presentation

Approved deals are presented to CapitalPad’s investor network as a blinded teaser. Investors who want to evaluate the full opportunity sign an NDA and non-circumvention agreement before accessing deal materials and the data room. Sponsors retain control over what is shared with whom.

Allocations

CapitalPad hosts a single investor Q&A call to address questions about the deal directly. Investors then submit their allocation amounts within a defined window. Sponsors handle one Q&A session rather than dozens of individual investor calls.

Closing

Individual investor commitments are coordinated into a single SPV. Sponsors receive one signed subscription, one wire, and one cap table entry, ahead of close.

Post-Close

CapitalPad expects quarterly investor updates, similar to other institutional investors. Our team stays engaged as a resource, providing operational and strategic support from vetting service providers to advising on growth, follow-on financing, and exit planning.

“CapitalPad was instrumental in helping close our transaction. They’ve remained excellent partners even after the close, leveraging their professional backgrounds to help modernize the business. Looking forward to working with the CapitalPad team in the months and years to come.”
Carlo Santelli
Cortina Capital Partners

The CapitalPad Team

Operator depth.
Institutional discipline.

CapitalPad brings together two complementary track records. One side, deep operating experience building and running companies. The other, institutional private equity and independent sponsor experience. Sponsors work with counterparts who understand both sides of what they are doing. Meet the team →
Donza Worden
Travis Jamison Capitalpad
Travis Jamison Capitalpad
Donza Worden

Materials for Review

Sponsors with a deal under LOI should be prepared to share the following before review.

Signed LOI
Investor terms (pref, IRR, MOIC)
Deal memo or investment summary
Acquisition terms
Target company overview
Sources and uses
Sponsor background
Debt financing plan
Financials (P&L, tax returns, statements)
Post-close value creation plan

Sponsor FAQ

CapitalPad primarily backs independent sponsor-led acquisitions of established lower middle market companies.

Deals must be under LOI, with strong historical profitability and a clear path to close.

We are industry-agnostic but favor durable, lower-disruption businesses, with little reliance on technology trends.

Our typical profile is a company with $1M to $7M of EBITDA, $5M to $30M of enterprise value, and operations in the United States or Canada. We selectively review opportunities outside this profile, including self-funded searcher-led acquisitions, when the business quality, buyer fit, structure, and investor economics are exceptionally compelling.

CapitalPad invests across durable, essential, and non-discretionary industries. We generally favor established businesses with recurring or repeat demand, low disruption risk, low technology or AI-risk, strong customer retention, and a clear path to continued profitability.

Representative sectors include:

  • Residential and commercial services: HVAC, plumbing, roofing, electrical, landscaping, and other skilled-trade service businesses.

  • Facilities and environmental services: Janitorial services, building maintenance, pest control, waste collection, remediation, and other recurring contract-based services.

  • Fire, life safety, and security services: Fire protection, alarm monitoring, mandated inspection work, security services, and other compliance-driven service models.

  • Testing, inspection, certification, and compliance services: Regulation-driven businesses with repeat, non-deferrable demand.

  • Healthcare services: Home health, physical therapy, dental, veterinary, and other non-discretionary clinical service models.

  • Healthcare business services: Revenue cycle management, medical billing, coding, credentialing, and other outsourced healthcare administration services.

  • Professional and business services: Accounting firms, insurance brokerages, consultancies, and outsourced B2B services with contracted, recurring, or renewal-based revenue.

  • Specialty and value-added distribution: Technical distributors and recurring B2B reorder models, including MRO, HVAC and electrical parts, safety supplies, sanitation products, and similar categories.

  • Route-based services: Field service businesses with recurring local routes, route density, high retention, and repeat customer demand.

  • Light industrial, niche manufacturing, and engineered products: Defensible manufacturers serving recurring industrial, aftermarket, or mission-critical demand.

  • Logistics and supply chain services: Niche third-party logistics, last-mile delivery, records storage, specialized freight, and other differentiated supply chain services.

  • Equipment rental and specialty leasing: Asset-backed businesses with recurring B2B utilization and durable customer demand.

  • Auto, fleet, and mobility services: Fleet maintenance, collision repair, car wash, quick-lube, and related recurring or repeat-use service models.

  • Education, training, and credentialing: Trade schools, technician training, compliance training, continuing education, and credentialing businesses.

  • Death care and funeral services: Demand-inelastic, non-cyclical businesses with durable local market characteristics.

  • Local and multi-site consumer services: Essential or repeat-purchase consumer services, including garment care, pet care, and similar local service categories.

  • Technology-enabled and IT services: Managed service providers, specialized IT services, and other contracted, recurring revenue technology-enabled businesses. We are generally more cautious on venture-style, unprofitable, or growth-stage software companies.

We selectively review opportunities outside these categories when the company has strong historical profitability, durable demand, attractive unit economics, and a structure that fits our investment criteria.

CapitalPad primarily reviews transactions in the United States and Canada.

We may consider other geographies on a selective basis, but they are not the current focus.

CapitalPad does not charge sponsors fees at any stage. There is no cost to submit a deal, no sponsor-paid placement fee, and no sponsor-paid success fee.

CapitalPad earns carry from its investors when the investment performs.

CapitalPad’s investor group includes a select base of accredited investors, with funds, family offices, and institutional partners participating where additional equity capacity is appropriate.

Members are expected to understand sponsor-led acquisitions, deal-by-deal investing, and the economics typically used in independent sponsor transactions.

Approved opportunities are first presented on a blinded basis. Investors who want to evaluate the full opportunity must execute an NDA and non-circumvention agreement before receiving identifying information, deal materials, or data room access.

Most submissions receive an initial response within 2–3 business days.

If the opportunity appears to fit, CapitalPad will request additional materials, confirm key transaction details, and determine whether the deal should move forward for a deeper review.

If a deal is not approved, CapitalPad will provide feedback where appropriate. Submission materials from unapproved deals are treated as confidential and are not shared with investors.

CapitalPad typically invests $1M to $2.5M of equity per transaction.

For larger equity needs, additional funds, family offices, or institutional partners may participate where appropriate. These situations are evaluated deal by deal.

No. CapitalPad invests equity.

We do not provide senior debt, mezzanine financing, or SBA financing. When appropriate, we may point sponsors toward debt providers familiar with independent sponsor transactions, but CapitalPad’s role is as an equity co-investor.

CapitalPad generally expects market-standard independent sponsor economics that balance sponsor incentives with appropriate investor protections.

Typical structures may include an acquisition fee, ongoing management fee, preferred return, and carried interest tied to return hurdles. Deals that fall materially outside market norms are harder to underwrite and may be more difficult to support.

Participating investors are generally coordinated into a single SPV that invests directly into the sponsor’s transaction.

That gives the sponsor one subscription process, one wire, and one cap table entry rather than managing a fragmented group of individual investors through closing.

In some cases, larger institutional commitments may invest directly alongside the SPV.

CapitalPad remains engaged after close as an active co-investor. We generally expect quarterly updates consistent with institutional investor reporting.

Support varies by deal but may include strategic guidance, service provider introductions, operating support, follow-on financing perspective, add-on acquisition review, and exit planning.

Private equity, deal by deal