Comvest PE Advisors

Investment decisions are led by co-founders Michael Falk and Steven Levesque, who serve as Managing Partners. The investment committee also includes senior professionals across the firm's credit, special situations, and private equity verticals (per firm disclosures, 2023).

Comvest targets the lower middle market, focusing on companies with EBITDA between $10 million and $250 million. The firm provides capital across the capital structure — senior secured debt, unitranche loans, distressed debt, and control equity — making it stage-agnostic within that size band (per the firm's investor materials, 2023).

Comvest focuses on enterprise software, healthcare services, and industrial technology. The firm explicitly avoids early-stage technology, biopharmaceuticals, and real estate — sectors where its operational value-add model has less relevance (per the firm's sector guidelines, 2023).

Comvest operates almost exclusively through direct investments and direct lending, not through external fund commitments. The firm manages its own commingled funds and does not allocate capital to third-party managers (per the firm's investor reporting, 2023).