Private Equity

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Anacapa Partners

Anacapa Partners is a San Mateo-based private equity firm focused on lower middle market acquisitions. The firm invests exclusively in search funds, partnering...

Anacapa Partners logo

Anacapa Partners

Anacapa Partners is a San Mateo-based private equity firm focused on lower middle market acquisitions. The firm invests exclusively in search funds, partnering with entrepreneurs to acquire, manage, and grow businesses. Anacapa Partners has made 121 investments, including a November 2019 investment in Agasus, and has facilitated two portfolio exits, including the July 2025 sale of i4pro.

General information

Firm type

Private Equity

Year founded

2010

Location

Region

North America

Country

United States

City

San Mateo

Corporate office

San Mateo, CA, United States

Frequently asked questions

What is Anacapa Partners' investment strategy?

Anacapa Partners pursues buyout, expansion, and growth-equity transactions, primarily in the lower middle market. The firm executes both control and minority deals, often serving as the first institutional capital for founder-led or family-owned businesses seeking operational transition. Its model emphasizes direct sourcing and partnership with management teams.

How does Anacapa Partners source deals?

The firm relies on a relationship-driven origination model, targeting founder and family-owned businesses off-market. By avoiding broad auction processes, Anacapa positions itself as a hands-on operational partner for companies where the owner is seeking to institutionalize the business alongside new capital.

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