Evolve Capital

What is Evolve Capital?

Evolve Capital is a private equity firm established in 2005 with a dedicated focus on leveraged recapitalizations of entrepreneurial businesses. They prioritize investment opportunities in businesses that generate $2.5 to $4.0 million in EBITDA and exhibit a history of growth.

Evolve Capital specifically targets companies that, while successful, may lack comprehensive systems, robust financial controls, management processes, and formalized business plans which are typically requisite for other private equity firms.

With a preference for non-cyclical, service-oriented, or asset-light enterprises, Evolve aims to secure businesses with sustainable and defensible EBITDA margins above 10%.

Their investment scope spans various industries such as Software, IT and TMT, BioTech, Business Solutions, Hardware and Manufacturing, Energy, HealthTech and Fitness, Food and Beverage, Logistics and Distribution, Medical Devices and Hospital Services, Aerospace and Defense, and Real Estate and Construction.

Within these sectors, Evolve currently seeks opportunities in areas such as durable medical equipment companies that cater to the hospice industry, towable recreational vehicles, specialized cleanroom decontamination services, power electronics used in recreational and commercial marine, mobile and fixed wireless communication industries, and home healthcare.

Through their investments, they strive to provide strategic business guidance and implement operational improvements, driving progress and preparing companies for future growth challenges.

Some of their notable investments include Doctors Choice Home Care, Aspire Home Care, Filling Machines & Systems, Mission Critical Electronics, D&S Residential, Cambridge Home Health Care, Comfort Keepers, Digney York Associates, Future Food, NMCR Analytics, Option 1 Nutrition Solutions, and Texas Home Health.