CVF Capital Partners

CVF Capital Partners is a private equity and mezzanine debt investment firm headquartered in Davis, California, with offices in Fresno and San Diego. It targets lower mid-market companies in the Western United States, particularly in California’s Central Valley. The firm provides capital through subordinated debt and equity instruments to support later-stage growth, expansions, strategic acquisitions, ownership transitions, and recapitalizations. It focuses on manufacturing, transportation and logistics, business services, consumer goods, food and beverage, agriculture, healthcare, education, industrial services, niche manufacturing and subcontracting, among others. Typical investments range from a few million dollars up to about twenty million in debt, with a preference for long-term, five-year structures. CVF seeks to take either majority or minority positions and often collaborates with co-investors; it aims to have board observation rights. The firm generally invests in companies that have been in business for at least five years, with three years of audited financial statements, revenue of roughly ten to one hundred million, and EBITDA of at least one million. It avoids startups, early-stage tech, real estate development, gambling, oil and gas exploration, and financial institutions.