Source Capital LLC

Source Capital LLC is a private equity and direct lending firm that provides flexible equity and debt capital to lower middle market companies across a broad range of sectors, including consumer products and services, healthcare services, multi-site healthcare, technology-enabled services, niche manufacturing, B2B e-commerce, business and industrial services, and transportation and logistics. The firm does not invest in venture, high technology, or real estate. Target companies are typically profitable with a minimum EBITDA of $2 million and revenue of at least $10 million, exhibiting recurring revenues, strong cash flow characteristics, and meaningful growth potential. Source Capital pursues management-backed leveraged buyouts, recapitalizations, buy-and-build platforms, growth capital financings, corporate divestitures, and add-on acquisitions, deploying both preferred and common equity structures alongside direct lending instruments. The firm primarily seeks control ownership positions, though it will selectively consider minority investments depending on the opportunity. Source Capital invests across the United States and Canada, partnering with entrepreneurs, founders, owner-operators, private equity sponsors, and independent sponsors seeking a collaborative, hands-on capital partner. The firm works closely with management teams throughout the investment lifecycle to provide strategic guidance, operational support, and follow-on capital to drive growth and value creation. Founded in 2002, the firm is headquartered in Atlanta, Georgia, United States.