Firmament is a private investment firm that provides tailored debt and equity capital solutions to small and medium-sized enterprises (SMEs) globally. With a focus on the technology, healthcare, and environmental sectors, Firmament partners with entrepreneurs and management teams to transform SMEs into larger, more successful businesses.
Investment Approach
Firmament offers versatile growth capital, including control equity, minority equity, and growth debt capital, primarily targeting lower-middle-market businesses. Within their core industry verticals, they invest in service, software, and specialty-manufacturing companies with significant scaling potential. The firm acts as a financing source for leading private equity firms, family offices, fundless sponsors, and entrepreneur-backed companies, providing customized debt financings to middle-market businesses.
Sector Focus
Firmament concentrates on three core industry verticals:
- Technology: Investing in innovative tech companies with scalable solutions.
- Healthcare: Supporting businesses that enhance healthcare services and products.
- Environment: Backing companies focused on environmental sustainability and related services.
Team
The Firmament team comprises professionals with diverse backgrounds and significant knowledge in their respective disciplines. This diversity enables them to offer deep sector knowledge and a breadth of experience, making them a reliable partner in both sponsor and non-sponsor credit markets.
Portfolio
Since 2013, Firmament has invested over $1.5 billion of fund capital, resulting in over 50 portfolio company investments and more than 100 completed tuck-in acquisitions. Their experience has translated into a strong track record of value creation for their limited partners.
Recent Developments
In December 2021, Firmament announced the final closing of its third fund at $475 million and expanded its geographic presence with new offices in Miami, Chicago, and Nashville. This expansion aims to better serve businesses in the lower-middle market, where there is an increasing need for integrated financial solutions.
Contact Information
For more information or to explore partnership opportunities, visit Firmament’s official website. Stay updated on their latest news and events by subscribing to their newsletter through the website.
Firmament remains dedicated to empowering entrepreneurs and fostering innovation across various industries.