EDGEWATER SERVICES, LLC
EDGEWATER SERVICES, LLC is a Series C+, buyout, debt and secondary fund in the US writing $5M–$15M checks into AI, Fintech, Healthcare, business-services, government-services, consumer-products, consumer-services, it-services, software, industrial, manufacturing, industrial-manufacturing, aerospace, defense, hvac and data-centers.
- Stages
- Series C+, buyout, debt, secondary
- Sectors
- AI, Fintech, Healthcare, business-services, government-services, consumer-products, consumer-services, it-services, software, industrial, manufacturing, industrial-manufacturing, aerospace, defense, hvac, data-centers
- Check size
- $5M–$15M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 1991
- Assets under management
- $2.8B
Thesis
The firm focuses on equity and buyout investments in lower middle-market companies, targeting revenues between $50 million and $200 million and EBITDA of $10 million to $30 million. They consider both minority and control investments, including growth capital and traditional buyouts. Edgewater's strategy involves acquiring equity-related securities and debt in private, growth-oriented companies, with a preference for businesses in North America. Their industry interests are broad, encompassing business services, financial and government services, consumer products and services, healthcare, IT services and software, and industrial/manufacturing. They also pursue executive-led, buy-and-build strategies and consolidation in fragmented industries. Key investment criteria include industry scale, consistent profitability, market fragmentation, non-capital intensity, favorable growth, and recurring revenue. For services businesses, they seek premium-valued services and a defensible market position. Within IT services, they focus on digital transformation, IT outsourcing, and managed services. In healthcare, their focus is on outsourced services like revenue cycle management, tech-enabled HCIT, pharma services, and payor services, as well as providers in home health/post-acute and behavioral health. Transaction types include buyouts (LBO, MBO, MBI), growth capital, recapitalizations, PIPEs, secondary buyouts, stake purchases, and mergers, with a typical investment range of $5 million to $15 million. As of December 31, 2025, Edgewater managed approximately $2.84 billion in client assets. The firm also engages in co-investment opportunities.
Common questions
Does EDGEWATER SERVICES, LLC invest at the Series C+ stage?
Yes. EDGEWATER SERVICES, LLC lists Series C+, buyout, debt and secondary among the stages it invests in.
What check size does EDGEWATER SERVICES, LLC write?
EDGEWATER SERVICES, LLC writes $5M–$15M checks.
Where does EDGEWATER SERVICES, LLC invest?
EDGEWATER SERVICES, LLC invests in the US.