BLUE SAGE CAPITAL
BLUE SAGE CAPITAL is a Series C+, buyout, debt and other fund in the US writing $5M–$60M checks into Fintech, environmental-solutions, niche-manufacturing, specialty-services, human-capital-services, business-services and industrial-automation.
- Stages
- Series C+, buyout, debt, other
- Sectors
- Fintech, environmental-solutions, niche-manufacturing, specialty-services, human-capital-services, business-services, industrial-automation
- Check size
- $5M–$60M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2003
- Assets under management
- $1.2B+
Thesis
Blue Sage Capital is a private equity firm founded in 2003 and based in Austin, Texas. They focus on the lower middle market, targeting established, profitable companies with EBITDA between $5 million and $25 million and revenues from $20 million to $200 million. Their primary industry verticals are Environmental Solutions, Niche Manufacturing, and Specialty Services. The firm employs a strategy of control buyouts and recapitalizations, offering flexible capital structures including majority/minority equity and mezzanine debt. Blue Sage aims to invest $25 million to $60 million per company over a 5-8 year horizon, acting as the first institutional capital for many businesses. As of January 2025, they have raised over $1.2 billion historically, with their fourth fund closing at $618 million. They also closed a $287 million Strategic Credit Fund in October 2025.
Common questions
Does BLUE SAGE CAPITAL invest at the Series C+ stage?
Yes. BLUE SAGE CAPITAL lists Series C+, buyout, debt and other among the stages it invests in.
What check size does BLUE SAGE CAPITAL write?
BLUE SAGE CAPITAL writes $5M–$60M checks.
Where does BLUE SAGE CAPITAL invest?
BLUE SAGE CAPITAL invests in the US.