New Heritage Capital

What is New Heritage Capital?

New Heritage Capital, originally founded in 1987 as Heritage Partners and rebranded, manages $1.4 billion in capital.

The firm excels in the acquisition and equity-based recapitalization of private, family-owned companies, and specializes in innovative minority recapitalization and growth equity structures that offer founders liquidity while maintaining voting control and maximizing ongoing equity ownership.

Known for investing in preferred and common stock, either minority or majority stakes, they target mature, successful companies with revenues over $30 million and a minimum EBITDA of $5 million.

The firm boasts a diverse investment portfolio that includes over 50 companies with collective revenues exceeding $3.5 billion, across industries such as consumer products, food & beverage, healthcare, manufacturing, media & publishing, pet products & services, plastic & packaging, and value-added distribution.

They have a focused portfolio approach, purposefully executing a select number of deals each year to ensure concentrated efforts for optimal outcomes.

Their investment strategy, named 'The Private IPO,' allows founders to achieve significant liquidity, maintain control, and opt for full recapitalizations or growth equity structures. Their team possesses over 80 years of combined experience in supporting founder-led companies.

New Heritage Capital prides themselves on offering flexible capital, strategic value creation, and maintaining a partnership culture that respects founders' passion and vision. They have demonstrated their strategy through investments in varying sectors, including businesses like AMFM Healthcare, Brilliant, Carnegie, Centra Industries, and many more that illustrate their wide-ranging focus.

What they say:

We have focused on strategic partnerships for nearly twenty-five years.

What we look for: We invest in growing family-owned or founder-controlled businesses.