Seawall Capital

Founder and Managing Partner Matt Eby leads deal origination and investment committee decisions. He brings consumer-brand operating experience from his prior firm Tengram Capital Partners, where he was Co-founder and Managing Partner, and family-office CIO experience from JAWS Estates Capital. Partners Kris and Robin, both veterans of Tengram, support sourcing and portfolio management alongside a small Austin-based team.

Seawall is structured as an asset manager and private equity firm, not a single-family office. The firm’s leader, Matt Eby, previously served as founding CIO of Barry Sternlicht’s JAWS Estates Capital, so investment decision-making reflects a family-office heritage, but Seawall raises outside capital for its buyout and growth equity strategies.

Seawall looks for profitable companies generating more than $20M in revenue and targets equity investments between $25M and $100M. The firm states a preference for limited leverage, using structured equity to give portfolio companies operational flexibility while pursuing organic expansion or M&A.

Sourcing runs through Eby and his partners’ multi-decade networks in branded consumer, retail, and recreation — built first at Tengram Capital and extended through Tengram’s exits. The firm also leans on its peer-operator network across existing portfolio companies, sharing best practices and surfacing add-on acquisition targets within sectors like climbing fitness and youth team sports.

The known portfolio concentrates in two verticals: soccer e-commerce and custom uniforms (Sports Endeavors, which owns Soccer.com and WorldSoccerShop.com, plus INARIA) and indoor climbing gyms (Movement Climbing Yoga + Fitness, with over 30 locations across nine US markets). The firm also has prior experience in prestige beauty through Tengram exits, which signals potential for future consumer-brand deals.

Seawall operates as a private equity firm making fund-based investments, not as a permanent capital vehicle. Specific fund structures, vehicle names, or vintage years beyond the firm’s 2020 founding have not been publicly disclosed.

Disclosed sector focuses include consumer goods, consumer and business services, consumer technologies, omnichannel operators, recreation, hospitality, and entertainment, and sports and fitness. There is no publicly stated list of excluded sectors, but the firm’s deal history shows no activity in enterprise software, hard tech, financial services, or healthcare services.