Candescent Partners

Overview

Candescent Partners is a Boston-based private equity firm specializing in the acquisition, growth, and recapitalization of lower middle market companies. The firm focuses on sectors such as healthcare services, business services, software, and consumer products and services. Candescent Partners seeks to invest in businesses with annual EBITDA between $2 million and $8 million and enterprise values ranging from $10 million to $75 million. The firm's investment strategy involves partnering closely with management teams to enhance strategic and financial value. This approach includes direct engagement with management, implementation of mature business models and practices, and oversight through strong and active boards of directors. Candescent Partners aims to create strong, collaborative partnerships focused on strategic growth and the successful realization of increased shareholder value. Founded in 2008 by Steve Jenks and Sandy McGrath, Candescent Partners has a track record of investing in dynamic lower middle market companies. The firm brings significant experience to advising and developing entrepreneurial businesses in the lower middle market, leveraging its expertise to drive growth and operational improvements in its portfolio companies.

Investment Focus

• Annual EBITDA between $2 million and $8 million
• Enterprise value between $10 million and $75 million

Portfolio Companies