424 Capital

424 Capital is a private equity firm based in Wakefield, Massachusetts, that specializes in making growth capital investments in lower middle market companies, primarily within North America. The firm focuses on add-on acquisitions and expansion stage investments, typically committing between $10 million and $50 million to businesses with revenues ranging from $5 million to $30 million and EBITDA between $1 million and $5 million. Its investment areas include healthcare, technology services, data-driven marketing, and renewable energy. In healthcare, the firm targets segments such as healthcare IT and pharmacy software. In technology services, it seeks opportunities in IT managed services and enterprise software. Data-driven marketing investments emphasize multi-channel marketing, while renewable energy investments focus on energy retailers and energy efficiency solutions. By partnering with company founders and management teams, 424 Capital aims to foster long-term growth and scalability.