Hermitage Equity Partners

Hermitage Equity Partners targets control investments in lower-middle-market companies, typically those generating between $3 million and $15 million in EBITDA. The firm focuses on buyout, succession, divestiture, and turnaround situations rather than minority growth investments or venture-stage deals. Its strategy centers on being the first institutional capital partner in founder-owned businesses.

The firm sources transactions primarily through long-standing regional relationships with business brokers, attorneys, accountants, and operating executives in Texas and the broader Sun Belt. By targeting succession-driven deals and corporate carve-outs — situations where sellers prioritize confidentiality and transaction certainty — Hermitage often engages in negotiated transactions outside broad auction processes.

No. Hermitage Equity Partners is structured as a traditional private equity fund manager, not a single-family office. It deploys committed third-party institutional and high-net-worth capital through discrete fund vehicles, proposing a standard general-partner and limited-partner structure.

Hermitage is headquartered in Dallas, Texas, and concentrates its investment activity in the United States. The firm shows a particular geographic emphasis on the Sun Belt and Midwest, regions with high concentrations of founder-owned industrial and business-services companies facing succession transitions.

As a lower-middle-market buyout firm, Hermitage targets platform companies with enterprise values typically under $100 million. The firm structures deals where it acquires majority control, deploying equity in partnership with senior debt financing provided by regional and national commercial lenders active in the lower middle market.