WestBridge Fund Managers Limited is a private equity and venture capital firm specializing in investments in management buy-outs, emerging growth, mature, mid venture, late venture, recapitalization, development capital, acquisition capital, buy and builds, replacement capital, and institutional purchases in lower middle market firms. The firm invests in small to mid market companies and small and medium enterprises. It does not invest in start-ups and in biotech, oil and gas, and property sectors. The firm seeks to invest in all sectors with a focus on healthcare, healthcare equipment and services, financial services, business services, leisure, selected technology, industrial, and retail. It also seeks to invest in niche sectors. The firm prefers to invest in companies based in United Kingdom and Wales. It seeks to invest between £5 million ($6.15 million) and £15 million ($18.45 million) in companies with sales value of more than £2 million ($3 million); EBITDA of more than £2 million ($2.46 million); and enterprise value between £2 million ($3 million) and £30 million ($45 million). The firm also seeks to make follow on investments. It seeks to be a co-investor, take a board seat in its portfolio companies, and seeks to hold its investments between three and five years. WestBridge Fund Managers Limited was founded in 1994 and is based in Cardiff, United Kingdom with an additional office in London, United Kingdom. The firm operates as a subsidiary of WestBridge Capital LLP.