Meritage Funds

Overview

Meritage Funds is a private equity firm specializing in investments in lower middle-market companies across diverse industries in the United States. The firm focuses on providing capital to businesses that have established a track record of financial performance, typically with annual revenues between $3 and $20 million, the majority of which are recurring in nature, and are EBITDA positive or have a clear path to EBITDA positive status. Meritage Funds seeks to partner with entrepreneurs to accelerate growth and enhance value through strategic guidance and operational support. The firm's investment strategy targets companies requiring between $5 and $15 million of capital to achieve their full potential. Meritage Funds primarily invests in network-enabled service companies, specifically those that leverage networks to enable communication, deliver content, and facilitate commerce. The firm pursues investment opportunities that align with its expertise and experience, aiming to create value by supporting businesses in their growth and development. Meritage Funds has a history of managing multiple investment funds representing more than $1 billion of committed capital. The firm's team comprises experienced entrepreneurs, investors, and operators who offer valuable equity expertise and real-world insights to guide businesses toward success. By leveraging their extensive operating and investing experience, Meritage Funds provides entrepreneurs with the necessary tools and support to create remarkable organizations, demonstrating a deep understanding of the unique needs and goals of their clients.

Investment Focus

• Annual revenue between $3 and $20 million, with the majority being recurring
• EBITDA positive or a clear path to EBITDA positive status
• Requires between $5 and $15 million of capital to achieve full potential