Five Points Capital

What Five Points Capital does

Five Points Capital LLC is an SEC-registered investment adviser headquartered in Winston-Salem, North Carolina, providing debt and equity capital solutions to the U.S. lower middle market. Founded circa 1999, the firm has operated for over 25 years through multiple market cycles and serves committed and independent private equity sponsors, direct lending partners, and management teams. The firm's investment activity targets companies with $3 million or greater EBITDA, with typical investment sizes ranging from $5 million to $30 million per transaction.

The firm offers four core capital structures: unitranche debt, second lien debt, subordinated debt, and equity co-investment. These products are deployed flexibly for buyouts, recapitalizations, acquisitions, and refinancings. Unlike technology-driven platforms, Five Points Capital does not rely on proprietary technology or software products; its underlying capability is a relationship-based deal origination model powered by a stable senior investment team with over 100 years of combined experience. The team roster includes alumni of Carlyle Group, Carousel Capital, American Capital, JP Morgan, Bank of America, and PwC, and the firm's operating geography is concentrated in the Southeast US, where it maintains deep community and sponsor networks. The firm co-locates with Ridgepost Capital.

Five Points Capital generates revenue through management fees and investment returns on its private equity and credit funds, in a standard managed-services model for lower middle market PE managers. Investment terms are negotiated on a deal-by-deal basis and are not publicly disclosed. The firm has completed multiple portfolio transactions per year in 2024 and 2025 spanning verticals including healthcare services, home services, industrial services, and aerospace, and supports its portfolio through internal promotion cycles and incremental capital deployment alongside its sponsor partners.

Name

Five Points Capital

Legal name

Five Points Capital LLC

Website

https://fivepointscapital.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Five Points Capital is a Winston-Salem-based, SEC-registered private investment firm providing flexible debt and equity capital solutions ($5-30M per transaction) to U.S. lower middle market companies with $3M+ EBITDA, serving PE sponsors and management teams for over 25 years.

Ownership category

akta.pro rank

Product category

Private Equity / Lower Middle Market Debt and Equity Financing

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Middle-Market Lending (FSANADAI)

akta.pro secondary industry

SME Term Loans & Growth Capital (FSAKAGAB)

Keywords

• Lower middle market investing
• Private debt financing
• Mezzanine capital solutions
• Equity co-investment
• Sponsor-backed lending

Headquarters

HQ city

Winston Salem

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Investment Management & Advisory Services: Five Points Capital, as an SEC-registered investment adviser, generates revenue through management fees and investment returns from their private equity and credit funds. They provide flexible unitranche, subordinated, and second-lien debt financing and equity co-investment capital for buyouts, recapitalizations, acquisitions and refinancings in the lower middle market. The firm targets companies with $3 million or more of EBITDA with investment amounts ranging from $5-30 million.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Five Points Capital is an SEC-registered investment adviser that provides flexible debt and equity capital solutions to the U.S. lower middle market. The firm invests $5-30 million per transaction in companies with $3 million or greater EBITDA, offering unitranche debt, second lien debt, subordinated debt, and equity co-investment capital for buyouts, recapitalizations, acquisitions, and refinancings to private equity sponsors and management teams.

Product overview

Five Points Capital is a debt and equity capital firm that provides flexible financing solutions for the lower middle market. The company operates as a unified offering under the Five Points Credit brand, providing unitranche debt, second lien debt, subordinated debt, and equity co-investment capital for buyouts, recapitalizations, acquisitions, and refinancings to sponsors and management teams with $3 million or greater EBITDA.

Differentiator

Problem solved

Functional benefit

Products and services

• Unitranche Debt
• Second Lien Debt
• Subordinated Debt
• Equity Co-Investment

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered minor.

• Habitat for HumanityminorOthersFive Points Capital has partnered with Habitat for Humanity for over 10 years, participating in annual team service days to help build homes in their local community.
• Toys for TotsminorOthersFive Points Capital participates in annual Toys for Tots bike build contests, building and donating bicycles with helmets to support children in their local community and veterans.
• Winston-Salem Street School (WSSS)minorOthersFive Points Capital provides and serves lunch at the Winston-Salem Street School, a private alternative high school serving at-risk youth in the greater Winston-Salem area.
• Second Harvest Food Bank of NWNCminorOthersFive Points Capital team members volunteer at Second Harvest Food Bank, sorting dry goods and frozen foods, and packaging them for distribution to partner programs serving 14 counties.
• Samaritan MinistriesminorOthersFive Points Capital sponsors Samaritan Ministries Young Professionals events, supporting their mission to address homelessness in Winston-Salem through charitable donations and in-person volunteering.
• Reynolda Equity PartnersminorOthersReynolda Equity Partners is referenced as a related entity that also participates in Five Points Capital's community activities, including Toys for Tots bike builds and Second Harvest Food Bank volunteer events.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Main Street Capital: Publicly traded business development company providing debt and equity capital to lower middle market companies with $3M+ EBITDA. Comparable in deal size focus, multi-product capital solutions (first lien, mezzanine, equity), and target customer segment (PE-backed and non-sponsored LMM companies).
• Capitala Group: Lower middle market direct lending and private equity firm targeting companies with $3M+ EBITDA. Overlapping product set (unitranche, second lien, mezzanine, equity co-invest) and target customer base of PE sponsors and management teams in the U.S. lower middle market.
• Carousel Capital: Charlotte-based private equity firm focused on lower middle market companies, often in partnership with management teams. Directly comparable as a Southeast US lower middle market PE/credit manager with relationship-driven model and overlapping leadership alumni (Managing Partner Jonathan Blanco previously at Carousel Capital).
• Trivest Partners: Private equity firm focused exclusively on founder/family-owned lower middle market companies. Comparable in LMM focus, Southeast US geographic exposure, and long-duration partnership orientation with management teams.
• Graycliff Partners: Lower middle market private equity firm making debt and equity investments alongside management teams. Comparable in deal-size band, multi-product offering (subordinated debt, unitranche, equity), and sponsor/management team customer focus.

Broad incumbents

• Ares Capital Corporation:
• White Oak Global Advisors: Middle-market direct lending platform providing unitranche, second lien, and other financing to U.S. companies. Comparable in product suite and target sponsor base, though typically larger ticket sizes and broader sector coverage than Five Points' niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/five-points-capital-inc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments56 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Five Points Capital