# Seaside Equity Partners

Seaside Equity Partners is a Private Equity based in San Diego, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** San Diego, United States
- **Region:** North America
- **Address:** San Diego, CA, United States
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** seasideequity.com
- **LinkedIn:** https://www.linkedin.com/company/seaside-equity-partners

## Regulatory record

- **CRD number:** 307171
- **SEC file number:** 801-126238
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-27T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/307171

## About

Seaside Equity Partners is an SEC-registered investment adviser in San Diego, CA, registered since 2022. The firm manages $1.4 billion in assets, $1.3 billion on a discretionary basis. It has 19 employees and 17 investment advisers.

## Sectors

- Business Services
- Industrial Services
- Healthcare Services
- Technology Services
- Environmental Services

## People

- Andrew Thompson — Founder and Managing Partner
- Navid Shirazi — Managing Director
- Hiral Pithadia — Managing Director
- Jesse Kay — Managing Director, Navigator

## Questions

### Who runs investment decisions at Seaside Equity Partners?

Andrew Thompson, the Founder and Managing Partner, holds ultimate authority over major investment decisions. Day-to-day deal execution is led by Managing Directors Navid Shirazi, Hiral Pithadia, and Jesse Kay, each supported by dedicated principals and associates. The firm’s small partnership group makes concentrated calls without a broad investment committee.

### How does Seaside Equity Partners source its deals?

Seaside runs a dedicated origination function led by Principal Doug Parker, separate from its execution teams. The firm also uses its published portfolio-page criteria — including minimum $500k EBITDA thresholds for add-ons — as a direct sourcing signal to intermediaries and business owners across the Western US and select Southern/Southeastern markets.

### Does Seaside Equity Partners run a single-fund structure or multiple vehicles?

Seaside operates at least two active fund families as of 2025: a flagship fund series and a Navigator series. Portfolio holdings are split across Pre-Fund, Fund I, and Fund II vintages, with the Navigator team led by Managing Director Jesse Kay and Principals Rob La Rue and Justin Garner executing parallel deal strategies.

### What is Seaside’s actual approach to sector focus?

The firm is sector-agnostic in name but function-specific in practice — it buys control positions in businesses that provide non-deferrable essential services (plumbing, roofing, wastewater hauling, tax compliance, emergency restoration, managed IT infrastructure). These share a common characteristic of being mandatory operational expenditures for customers regardless of economic cycle.

### Does Seaside use add-on acquisitions as part of its strategy?

Yes. The majority of current portfolio companies actively pursue add-on acquisitions, with Seaside publishing target EBITDA ranges and geographic preferences publicly. This is not a passive portfolio — the firm signals an intent to consolidate fragmented regional service providers within each platform investment.

### How is the value-creation function staffed at Seaside?

Seaside embeds a value-creation and integration team separate from its deal professionals. Matt Stoyka serves as an Executive Advisor with 25 years in technology services, while Liliana Corona works as Director of Talent to hire C-suite leaders directly into portfolio companies. This side-by-side operating structure is unusual for a firm of Seaside’s headcount.

## Related profiles

- [Seas Capital](https://altss.com/profile/seas-capital)
- [Seaside Financial & Insurance Services](https://altss.com/profile/seaside-financial-insurance-services)

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Last updated: 2026-06-03T20:00:00.000Z

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