Equable Capital

Equable Capital

Equable Capital was established in 2018 by Jonathan Smidt following his departure from KKR. Smidt spent 18 years at the firm, most recently heading the European industrials team and serving on the private equity investment committee. The firm pursues direct private equity and co-investments in buyouts and growth situations. Target sectors include industrial technology, healthcare services, fintech and digital health. Investments occur in North America. Check sizes range from $5 million to $50 million for businesses with $2 million to $15 million EBITDA. Equable Capital acts as either a controlling acquirer or minority growth investor and maintains close collaboration with management teams. No additional offices or team size figures are disclosed. Jonathan Smidt also serves as co-founder and CEO of SAINVUS, a platform acquiring and scaling CPA practices. No dated operational events from the last 24 months appear in available records. The firm’s structure centers on capital sourced from Smidt and a small group of aligned investors who remain personally engaged in each transaction. This setup supports flexible mandates without external fund commitments or LP reporting requirements.