ROCA Partners

ROCA Partners

Scott Mitchell and Jay Adair established ROCA Partners in 2007, structuring the firm to pursue middle-market private equity transactions from its base in Beverly Hills. The firm operates with a generalist mandate that concentrates on companies in North America, targeting situations where operational improvement can drive post-acquisition value rather than relying on financial engineering. ROCA Partners executes across the capital structure, participating in control buyouts, growth equity rounds, and management buy-ins. The firm has historically deployed capital into enterprise software, business services, healthcare services, and select consumer verticals. Its deal activity spans direct platform investments and selective add-on acquisitions for existing portfolio companies, with a preference for founder-led businesses undergoing professionalization. Geographic focus remains concentrated in the United States, with the firm maintaining flexibility to evaluate opportunities across secondary markets. The firm runs a lean operation from its single office in Beverly Hills, with Mitchell leading the investment team. ROCA does not publicly disclose its total assets under management or deployment pace, and the firm has not widely reported recent fund closings. The team structure relies on Mitchell's direct involvement in sourcing, underwriting, and portfolio company oversight. ROCA's architecture reflects the classic independent sponsor model — a partnership that raises capital on a deal-by-deal basis or through small committed funds rather than operating a large institutional blind-pool vehicle. This structure gives Mitchell the flexibility to move quickly on off-market transactions without the deployment pressure that larger funds face, but it also means the firm's scale remains inherently constrained by its capital-raising capacity per transaction.