SALEM INVESTMENT PARTNERS
SALEM INVESTMENT PARTNERS is a Series C+, buyout and other fund in Southeast US, Midwest US and Mid-Atlantic US writing $2M–$10M checks into business-services, healthcare-services, light-manufacturing, consumer-products, wholesale-distribution and recurring-revenue.
- Stages
- Series C+, buyout, other
- Sectors
- business-services, healthcare-services, light-manufacturing, consumer-products, wholesale-distribution, recurring-revenue
- Check size
- $2M–$10M
- Invests in
- Southeast US, Midwest US, Mid-Atlantic US
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 1999
- Assets under management
- $500M
- Website
- salemip.com
Thesis
Salem Investment Partners is a Greensboro, North Carolina-based investment firm founded in 1999, operating as a licensed Small Business Investment Company (SBIC). They specialize in debt and equity investments in privately-held, lower middle-market businesses, primarily in the Southeast, Midwest, and Mid-Atlantic regions of the U.S., east of the Mississippi River. The firm targets companies with a minimum revenue of $10 million and a minimum EBITDA of $1 million, with a preference for sustainable free cash flow and proven management teams. Their investment strategy includes providing subordinated debt, preferred equity, and non-control common equity. Key sectors of interest include business and healthcare services, light manufacturing, consumer products, and wholesale distribution, with a particular interest in recurring revenue business models. The firm is investing from Salem Investment Partners III, LP and Salem Investment Partners IV, LP.
Common questions
Does SALEM INVESTMENT PARTNERS invest at the Series C+ stage?
Yes. SALEM INVESTMENT PARTNERS lists Series C+, buyout and other among the stages it invests in.
What check size does SALEM INVESTMENT PARTNERS write?
SALEM INVESTMENT PARTNERS writes $2M–$10M checks.
Where does SALEM INVESTMENT PARTNERS invest?
SALEM INVESTMENT PARTNERS invests in Southeast US, Midwest US and Mid-Atlantic US.