PALM BEACH CAPITAL MANAGEMENT III, LLC
PALM BEACH CAPITAL MANAGEMENT III, LLC is a Series C+, buyout and other fund in Florida, the US and Israel writing $1M–$300M checks into Developer Tools, Healthcare, business-services, business-process-outsourcing, transportation-logistics, aerospace, building-products, consumer-products, distribution, energy-services, manufacturing, media and health-and-wellness.
- Stages
- Series C+, buyout, other
- Sectors
- Developer Tools, Healthcare, business-services, business-process-outsourcing, transportation-logistics, aerospace, building-products, consumer-products, distribution, energy-services, manufacturing, media, health-and-wellness
- Check size
- $1M–$300M
- Invests in
- Florida, US-wide, Israel
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2001
- Assets under management
- $998.8M
- Website
- pbcap.com
Thesis
Palm Beach Capital Management III, LLC is a private equity firm founded in 2001 and headquartered in West Palm Beach, Florida. The firm specializes in investing in and building lower middle-market private companies, with a primary focus on Florida but also encompassing the broader United States and Israel. Their investment strategy centers on identifying companies at a growth inflection point and partnering with experienced entrepreneurs to accelerate development. They target industries with significant growth opportunities and prefer companies with strong management, competitive advantages, attractive free cash flow, diverse customer/vendor bases, and clear growth potential. Palm Beach Capital typically engages in buyouts and growth equity investments, aiming to improve operating performance and implement strategic initiatives. For controlled and minority investments, they look for companies with an enterprise value between $20 million and $300 million, target revenues of $20 million+, and target EBITDA of $5 million+. For add-on investments, transaction sizes start from $1 million with flexible revenue/EBITDA requirements if there's a strategic fit. Fund III closed at $133.5 million in 2011. As of December 2025, AUM was $998,820,588, and as of December 2024, it was $935,137,579.
Common questions
Does PALM BEACH CAPITAL MANAGEMENT III, LLC invest at the Series C+ stage?
Yes. PALM BEACH CAPITAL MANAGEMENT III, LLC lists Series C+, buyout and other among the stages it invests in.
What check size does PALM BEACH CAPITAL MANAGEMENT III, LLC write?
PALM BEACH CAPITAL MANAGEMENT III, LLC writes $1M–$300M checks.
Where does PALM BEACH CAPITAL MANAGEMENT III, LLC invest?
PALM BEACH CAPITAL MANAGEMENT III, LLC invests in Florida, the US and Israel.