AWANI CAPITAL MANAGEMENT LP

Thesis

Awani Capital Management, LP is a private equity firm focused on control investments in North American middle-market companies, primarily within the business and industrial services sectors. The firm employs a thesis-driven approach, targeting fragmented industries ripe for consolidation. Their strategy involves control buyouts, leveraged recapitalizations, and strategic add-on acquisitions for companies with an enterprise value between $50 million and $500 million and an EBITDA of at least $5 million. Awani Capital seeks equity investments ranging from $25 million to $100 million, prioritizing businesses that provide essential services, have recurring revenues, high switching costs, scalable margins, low capital intensity, and are ready for technology enablement. Their geographic scope for platform investments is North America, with a willingness to pursue global add-on acquisitions. The firm's value creation framework, "The Awani Impact," focuses on talent, organic growth, operational improvements, and add-on acquisitions, utilizing data analytics, mapping, and generative AI. As of March 26, 2026, the firm manages approximately $259 million in discretionary assets under management, with a total regulatory AUM of $268,662,888.