NEW STATE CAPITAL PARTNERS
NEW STATE CAPITAL PARTNERS is a Series C+, buyout, debt and other fund in the US writing $10M–$100M checks into Consumer, Fintech, business-services and industrial.
- Stages
- Series C+, buyout, debt, other
- Sectors
- Consumer, Fintech, business-services, industrial
- Check size
- $10M–$100M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2013
- Assets under management
- $1.25B
- Website
- newstatecp.com
Thesis
New State Capital Partners is a private equity firm founded in 2013, headquartered in Larchmont, New York. They focus on investing in market-leading, middle-market companies within the business services, financial services, industrial, and consumer sectors, targeting companies with EBITDA between $8 million and $40 million. Their strategy emphasizes a long-term outlook, entrepreneurial spirit, and a cooperative approach, differentiating them from larger institutional firms. They actively support independent sponsors and lead equity investments, being flexible with control, minority, credit, and special situations. Post-investment, they focus on scaling businesses through capital investment and add-on acquisitions, averaging over one add-on per platform. As of March 2025, their fourth fund, Fund IV, closed at $700 million. Their total AUM was approximately $1.25 billion as of December 31, 2024. They typically invest between $10 million and $100 million in equity per company in North America. They are actively seeking new investments.
Common questions
Does NEW STATE CAPITAL PARTNERS invest at the Series C+ stage?
Yes. NEW STATE CAPITAL PARTNERS lists Series C+, buyout, debt and other among the stages it invests in.
What check size does NEW STATE CAPITAL PARTNERS write?
NEW STATE CAPITAL PARTNERS writes $10M–$100M checks.
Where does NEW STATE CAPITAL PARTNERS invest?
NEW STATE CAPITAL PARTNERS invests in the US.