Conanicut Capital

Private Equity Boston, United States

Overview

Conanicut Capital is a Boston-based private equity firm specializing in lower-middle market investments within the business services sector. Backed by family offices, the firm focuses on partnering with business owners and management teams to help exceptional service-based companies reach their full potential, particularly through buy-and-build platform strategies. Conanicut Capital's investment strategy is centered on four key elements: a focus on the business services sector, targeting companies with $2 to $10 million in EBITDA and a minimum EBITDA margin of 10%, a flexible and patient capital base, and a commitment to being the first institutional investor, leveraging a network of operating partners to collaborate with management in developing post-investment strategic plans and resolving growth challenges. The firm's preferred investment criteria include companies that provide specialized, necessary outsourced services with identified growth opportunities, predictable earnings, high levels of recurring revenue, free cash flow conversion, and defensible market positions. Conanicut Capital's team is led by Managing Partner Jared B. Paquette, who has extensive experience in the private equity sector, having previously held senior investment roles at Bunker Hill Capital, Nautic Partners, and Weston Presidio. The firm's portfolio includes current investments in Capstone Integrated Solutions LLC, Retail Process Engineering, LLC, and Makira LLC, as well as prior investments in Taos Mountain LLC, Rizing LLC, Dyno, LLC, and ASPEQ Heating Group. Conanicut Capital's approach emphasizes a long-term partnership with portfolio companies, aiming to build sustainable platforms for growth and success.

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Frequently asked questions about Conanicut Capital

What sectors does Conanicut Capital invest in?

Conanicut Capital invests in Business Services, Business Process Outsourcing, Human Capital Management, Outsourced Services and Environmental & Engineering Services, and is based in Boston, United States. Conanicut Capital is listed as a private equity in the ConnectSafely investor database.

What stage does Conanicut Capital invest at?

Conanicut Capital backs companies at Growth and Buyout, writing cheques of 3M - 15M.

Which regions does Conanicut Capital invest in?

Conanicut Capital invests across United States.

Who are the partners at Conanicut Capital?

Team members listed for Conanicut Capital include Jared Paquette (Managing Partner and Founder) and Ray Langton (Operating Partner).

How do I contact Conanicut Capital?

Conanicut Capital's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.

Last updated · Source: ConnectSafely investor database