BLUE SEA CAPITAL LLC
BLUE SEA CAPITAL LLC is a Series C+ and buyout fund in the US writing $20M–$50M checks into Healthcare, aerospace-defense and industrial-growth.
- Stages
- Series C+, buyout
- Sectors
- Healthcare, aerospace-defense, industrial-growth
- Check size
- $20M–$50M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2013
- Assets under management
- $1.5B+
Thesis
Blue Sea Capital is a private equity firm founded in 2013 and headquartered in West Palm Beach, Florida, specializing in growth-oriented lower middle market companies within the United States. The firm targets companies with revenues between $20 million and $200 million and EBITDA from $5 million to $25 million. Their investment strategy involves partnering with talented managers and differentiated companies, often as an early institutional investor, to accelerate growth, achieve industry outperformance, and foster business transformation. They prefer companies that are market leaders or have the potential to become leaders. The firm's focus sectors include Aerospace & Defense, Healthcare, and Industrial Growth. They primarily lead rounds, with a preference for majority investments, but will consider minority stakes. Blue Sea Capital has over $1.5 billion in assets under management, and their Blue Sea Capital Fund III LP closed on $618 million in June 2023. Typical investments range from $20 million to $50 million, with a sweet spot of $45 million, in companies with an enterprise value of $30 million to $500 million. They describe themselves as a "transformational, not transactional" partner.
Common questions
Does BLUE SEA CAPITAL LLC invest at the Series C+ stage?
Yes. BLUE SEA CAPITAL LLC lists Series C+ and buyout among the stages it invests in.
What check size does BLUE SEA CAPITAL LLC write?
BLUE SEA CAPITAL LLC writes $20M–$50M checks.
Where does BLUE SEA CAPITAL LLC invest?
BLUE SEA CAPITAL LLC invests in the US.