MOSAIC CAPITAL PARTNERS LLC

Thesis

Mosaic Capital Partners is a private equity firm founded in 2013 and headquartered in Charlotte, North Carolina. They target lower middle-market companies in North America with $5 million to $15 million in EBITDA, with a sweet spot of $5 million to $8 million. Key investment criteria include proven financial performance, growth potential, strong management, healthy EBITDA margins (10%+), defensible market positions, reliable cash flows, and a diverse customer base. Their primary sectors of interest are business services, niche manufacturing, and consumer products and services. Mosaic's strategy involves acquiring companies through ESOP or EOT buyouts, offering selling shareholders an attractive cash purchase price and providing strategic value and governance partnership. The typical investment period is flexible, around 5-6 years. As of November 2025, Mosaic manages $370 million in AUM across two funds, with Fund II closing at $205 million. Typical investments range from $10 million to $25 million, with potential for larger deals via LP co-investment.