CENTEROAK ADVISER, L.P.

Thesis

CenterOak Partners is a private equity firm founded in 2014 and headquartered in Dallas, Texas. They focus on control-oriented investments in middle-market companies across the United States, with a particular emphasis on business services, industrial services, and consumer services. The firm targets companies with enterprise values between $50 million and $500 million and EBITDA between $7 million and $35 million. Their investment strategy involves leading buyouts and recapitalizations, including carve-outs and buy-and-build opportunities. CenterOak prioritizes companies with strong management, growth potential (organic and acquisitive), operational improvement opportunities, a leading niche market position, sustainable competitive advantages, and attractive relative value. While primarily US-focused, international expansion for add-on acquisitions is considered. The firm has a diverse team with extensive experience in various financial and operational roles. CenterOak has raised multiple funds, with CenterOak Equity Fund III LP closing at over $1.1 billion in August 2024. Their total AUM is reported as $2.5 billion as of August 2024. They typically make equity investments ranging from $20 million to $150 million per deal. CenterOak operates as a Registered Investment Adviser (RIA).

Related lists

• Series C+ investors based in Dallas, TX