Plexus Capital

What is Plexus Capital?

Plexus Capital is a growth capital provider that specifically targets the lower middle market, with a focus on facilitating investments in subordinated debt and equity securities.

Founded in 2005 and based in Charlotte and Raleigh, North Carolina, Plexus Capital has approximately $550 million under management across three funds.

They operate with an emphasis on investing in the Mid-Atlantic and Southeast regions.

The firm has a diverse range of interests, engaging with sectors such as Software (Web Marketplace SaaS, etc.), Business Solutions, FinTech and Financial services, Hardware and Manufacturing, Retail and E-Commerce, A.I. and Big Data, HealthTech and Fitness, Autonomous Vehicles and Cars, Insurance and InsurTech, Medical Devices and Hospital Services, Healthcare and Wellness, as well as Consumer Goods.

With an investment size that ranges from $3 million to $30 million, Plexus Capital prefers to make investments in companies with annual revenue up to $100 million and EBITDA of up to $20 million. The sweet spot for their investments is around $16.5 million.

Plexus prides itself on its specializations in Seed, Series A, and Series B stages of a company's financing, with assets under management totaling $204 million.

Their strategy involves not only providing capital but also partnering with lower middle market businesses, using a tailored approach for each opportunity. The Plexus team is described as multi-generational with extensive experience, and they place great importance on supporting their partnerships with resources designed to foster growth.

They boast having raised $2.22 billion in capital and funded 193 companies over 27 years. Plexus Capital also emphasizes the importance of cultural fit and values such as trust and strategic thinking in its partnerships.