Pacific Avenue Capital Partners

Overview

Pacific Avenue Capital Partners is a private equity firm headquartered in Los Angeles, California, with an additional office in Paris, France. The firm focuses on corporate divestitures, carve-outs, and other complex situations in the middle market, leveraging extensive M&A and operational expertise to unlock value through strategic change and operational improvement. As of August 12, 2025, Pacific Avenue has approximately $3.8 billion in assets under management, with over 120 transactions completed, including more than 50 corporate divestitures across various industries. The firm's investment strategy emphasizes partnering with strong management teams to drive lasting and strategic change, assisting businesses in reaching their full potential. In August 2025, Pacific Avenue closed its second fund, Pacific Avenue Fund II, with over $1.65 billion in committed capital, including a €100+ million sidecar vehicle for European opportunities. This expansion underscores the firm's commitment to executing complex transactions globally. Notable recent acquisitions include the North American Flooring Business from H.B. Fuller Company, now operating as TEC Specialty Products, and Pick Your Part from LKQ Corporation, a leading auto salvage business with 61 locations across the United States. These investments reflect Pacific Avenue's focus on operationally intensive businesses with strong growth potential, aiming to drive value creation through capital investment and accelerated growth. The firm's collaborative approach and deep industry relationships enable it to navigate complex transactions and unlock untapped value for its portfolio companies. In December 2024, Pacific Avenue expanded its European presence by opening an office in Paris, France, led by Xavier Lambert as Managing Director – Head of Europe. This strategic move aligns with the firm's global growth objectives and enhances its ability to serve corporate sellers and portfolio companies with international operations. The addition of Mr. Lambert, with over 12 years of experience in middle-market carve-outs and divestitures across Europe, strengthens Pacific Avenue's capabilities in executing complex transactions on a global scale. The firm's operationally focused strategy aims to assist businesses in reaching their full potential by aligning strategies, making necessary investments, and navigating complex transactions with expertise. Overall, Pacific Avenue Capital Partners continues to build on its strong track record in the private equity sector, focusing on middle-market companies where its capital, resources, and strategic partnership can instill a renewed sense of purpose and drive operational improvements. The firm's commitment to excellence and its collaborative approach with management teams position it as a leading player in the private equity landscape, dedicated to unlocking value and fostering growth in its portfolio companies.

Investment Focus

• High-quality, mission-critical businesses
• Operationally intensive businesses that are underperforming but not distressed
• Control equity investments
• Platforms with strong M&A add-on potential

Portfolio Companies