ParkSouth Ventures

ParkSouth Ventures

ParkSouth Ventures operates as a growth-oriented private investment firm based in Charlotte, North Carolina. The firm partners with founder- and entrepreneur-owned companies across the United States, focusing on businesses where management intends to stay and grow. Rather than aggregating a large portfolio, ParkSouth deliberately commits to only a handful of companies at any one time. Investment activity centers on IT services, consulting, and media businesses in the lower middle market. The firm deploys capital through multiple structures — management buyouts, partner buyouts, recapitalizations, strategic M&A, and family succession transactions. Its most prominent platform is The Purple Guys, an MSP that has completed at least five acquisitions since ParkSouth's involvement, including Accelerate in May 2022, Technology Pointe in January 2022, and a 2023 expansion into Texas with two simultaneous deals (per the firm, 2022–2023). In August 2025, the firm backed Infinite Global Consulting, extending its IT-services footprint. Earlier partnerships include Bear Group, which received strategic capital from ParkSouth and Gemini Investors in September 2022. The firm's geographic reach is national, with portfolio companies operating in multiple states including Louisiana, Texas, and North Carolina (per the firm). Recent press releases suggest an emphasis on Southeastern and South-Central US markets. In August 2025, the firm announced its investment partnership with Infinite Global Consulting, the latest in a sequence of controlled, acquisition-heavy build-ups. ParkSouth's structural distinction is its concentration model — deliberately backing fewer companies and remaining operationally involved to preserve founder culture through succession. The firm explicitly frames its mandate around ensuring legacy rather than maximizing deal volume, a stance that shapes both its holding periods and its transaction structures.