PE  Candescent Partners

http://www.candescentpartners.com





     Office Locations:

2 Oliver Street, 10th Floor
Boston, MA 02109

 

Stages:

  • Middle Market


 

Industries:

  • Business Services
  • Consumer Products & Services
  • Life Sciences & Healthcare
  • Software & Internet

  •  

    Description:

    Founded in 2009, Candescent Partners is a private equity firm that invests in the acquisition, growth and recapitalization of lower middle market companies in healthcare services, business services, software and consumer products and services. The firm targets companies with annual revenues of $10 to $50 million, with EBITDA of $2 million or more. Candescent makes investments of $2 million to $30 million in companies with enterprise values of $15 million to $75 million. The founders of Candescent Partners have originated, structured and managed in excess of $800 million of private equity investments in 47 private growth companies.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Alexander (Sandy) McGrath Managing Partner
    Stephen A. Sahlman Partner
    Stephen M. Jenks Managing Partner

     

    Portfolio companies include:


      Alliancecare Inc.


      Candescent Healing
        web link


      Claris Vision
        web link


      Dermatology Associates of Tyler
        web link


      Eye Health Vision Centers
        web link


      Koch Eye Associates
        web link


      Quadrant Software
        web link


      Softbase Systems
        web link


     

    Recent News:


      There is no recent news for Candescent Partners.