St. Cloud Capital
St. Cloud Capital is a Los Angeles-based private investment firm founded in 2001 that provides $5M-$20M growth capital to U.S. lower middle market companies with $10M-$150M in revenues. The firm manages $700M+ across four SBIC funds, serving entrepreneurs, management teams, and private equity sponsors.
- Company typePrivate
- Founded2001
- HeadquartersLos Angeles, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What St. Cloud Capital does
St. Cloud Capital is a Los Angeles-based private investment firm founded in 2001 that provides growth capital to U.S. lower middle market companies — defined as companies with annual revenues between $10 million and $150 million that typically fall below the radar of larger private equity firms and the broader capital markets. The firm invests between $5 million and $20 million per transaction in both non-control and control situations, structuring each investment as a combination of senior secured debt, subordinated debt, and minority equity securities across the capital structure. It also arranges larger financings through relationships with co-investors.
The firm operates primarily through its current fourth fund vehicle, St. Cloud Capital Partners IV SBIC, LP, with $236 million in committed capital, and has managed over $700 million of capital across four funds since inception, completing 83 portfolio investments across industries including manufacturing, distribution, business services, logistics, consumer, healthcare, financial services, and technology. Notable portfolio companies include Atomica (U.S. MEMS foundry), BigRentz (equipment rental network), Pipeworks Studio (video game developer), JibJab (social expression content), Life Spine (medical devices), Morrow Sodali, AutoReturn, Burke Williams, Renters Warehouse, and Blufox Mobile.
The firm's go-to-market is referral-driven and relationship-based: investments are sourced through investment bankers, brokers, lenders, attorneys, accountants, consultants, business executives, and co-investors. St. Cloud reports that 83% of investments are in Underserved Businesses, 45% in Woman/Minority/Veteran-owned companies, and 51% in LMI or SBA HubZones, with portfolio companies having collectively created or sustained 22,300+ jobs and $2.2 billion+ in revenue growth. The team is led by Co-Founders and Managing Partners Kacy Rozelle and Robert Lautz, with Managing Partner Benjamin Hom, supported by two Principals, a Vice President, a Senior Associate, a Controller, and a CFO/CCO.
St. Cloud Capital firmographics
Firmographics- Name
- St. Cloud Capital
- Legal name
- St. Cloud Capital, LLC
- Website
- https://stcloudcapital.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- St. Cloud Capital is a Los Angeles-based private investment firm founded in 2001 that provides $5M-$20M growth capital to U.S. lower middle market companies with $10M-$150M in revenues. The firm manages $700M+ across four SBIC funds, serving entrepreneurs, management teams, and private equity sponsors.
- Ownership category
- akta.pro rank
St. Cloud Capital industry classification
Industry- Product category
- Private Equity / Growth Capital
- NAICS
- Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (523940)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Middle-Market Lending (FSANADAI)
- akta.pro secondary industries
- SME Term Loans & Growth Capital (FSAKAGAB), Technology & Software Growth Equity (FSANACAA)
Keywords
Where St. Cloud Capital is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
St. Cloud Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others, Technology or R&D
Revenue model
- Investment Returns and Management Fees: St. Cloud Capital generates returns through investments in lower middle market companies, including senior secured debt, subordinated debt, and minority equity positions. The firm typically structures investments as a combination of debt and equity securities, with investments made across every layer of the capital structure.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
St. Cloud Capital product offering
Product offeringCore offering
St. Cloud Capital is a Los Angeles-based private investment firm that provides growth capital to U.S. lower middle market companies (those with annual revenues between $10 million and $150 million). The firm typically invests $5 million to $20 million per transaction in non-control and control situations, structured as senior secured debt, subordinated debt, and minority equity securities, acting as both a financial and strategic partner to management teams.
Product overview
St. Cloud Capital is a Los Angeles-based private investment firm founded in 2001 that provides growth capital to U.S. lower middle market companies (companies with annual revenues between $10 million and $150 million). The firm operates as a unified investment platform offering debt and equity growth capital through its current fourth fund (St. Cloud Capital Partners IV SBIC, LP with $236 million in committed capital). Investments are structured flexibly as senior secured debt, subordinated debt, and equity securities (preferred and common stock), deployed in both control and non-control situations. The firm's Select Investments portfolio spans diverse industries including manufacturing, distribution, business services, logistics, consumer, healthcare, financial services, and technology. Notable portfolio companies include Atomica (MEMS semiconductor foundry), BigRentz (equipment rental network), Pipeworks Studio (video game developer), JibJab (social expression content), Life Spine (medical devices), and others totaling 83+ investments with over $700 million managed since inception.
Differentiator
Problem solved
Functional benefit
Products and services
- Growth Capital Investment Services Provides debt and equity growth capital to lower middle market companies with annual revenues between $10 million and $150 million, structured as combinations of senior secured debt, subordinated debt, and minority equity securities.
- St. Cloud Capital Partners IV SBIC, LP The firm's current active SBIC-licensed investment fund with $236 million in committed capital, deploying $5 million to $20 million per transaction in lower middle market companies.
Quantifiable outcome
- 22,300+ jobs created and/or sustained across portfolio companies
- +4 more outcomes
Companies that use St. Cloud Capital
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles2 records
St. Cloud Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
St. Cloud Capital partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Brand Velocity GroupcoreBrand Velocity Group (BVG), co-founded by Eli Manning, acquired RCX Sports with backing from St. Cloud Capital and other investors. BVG is positioning RCX as a cornerstone investment within its sports-focused subsidiary BVGS.
- K&L Gates LLPcoreK&L Gates LLP served as legal counsel to St. Cloud Capital for multiple transactions including investments in Revive Infrastructure Group, Museum of Illusions, Business Processing Solutions, Superior Huntingdon Composites, and Santa Monica Amusements.
- Small Business Investors Alliance (SBIA)minorSt. Cloud Capital is actively involved in the SBIA, with Managing Partners Kacy Rozelle and Benjamin Hom having served as Western Region Presidents and on the National Board of Governors. Both have chaired the annual Western Region Conference.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
St. Cloud Capital competitors and assessment
Company assessmentBroad incumbents
- Hercules Capital: Hercules Capital is a large specialty finance company providing senior secured debt to growth-stage companies, representing a larger incumbent in the broader growth capital/lending space with similar transaction structures though typically larger and tech-focused.
- Main Street Capital: Main Street Capital is a publicly traded BDC focused on providing customized debt and equity capital to lower middle market companies, the closest publicly traded analog to St. Cloud Capital's lower middle market growth capital strategy with a similar focus on flexible, non-control investments.
Direct peers
- Comvest Partners: Comvest Partners is a private investment firm providing debt and equity capital to lower middle market companies, with a credit-focused strategy and flexible capital structures highly comparable to St. Cloud's growth capital offerings across senior debt, subordinated debt, and equity.
- WhiteHorse Capital: WhiteHorse Capital is a direct lender focused on providing senior secured loans to lower middle market private companies, comparable to St. Cloud's debt-focused transaction structures within the lower middle market.
- Encina Capital Partners: Encina Capital Partners is a private credit firm providing unitranche and other flexible debt solutions to lower middle market borrowers, directly comparable to St. Cloud's debt and equity growth capital offerings in the same segment.
- Capitala Group: Capitala Group is a private investment firm providing capital solutions to lower middle market companies, with a long history of debt and equity investments comparable to St. Cloud's growth capital model and target market.
- Garrison Capital: Garrison Capital is a specialty lender focused on lower middle market companies, providing unitranche and other debt structures comparable to St. Cloud's senior secured and subordinated debt offerings to similarly sized borrowers.
- Liberty Lane Partners: Liberty Lane Partners is a private investment firm focused on lower middle market companies that has co-invested with St. Cloud, with comparable fund structures and acquisition-oriented strategies in the same target market.
- Northern Pacific Group: Northern Pacific Group is a private equity firm focused on lower middle market companies that has partnered with St. Cloud on multiple transactions, with highly comparable investment size, geography, and growth capital orientation.
- Trinity Capital: Trinity Capital is a specialty lender providing structured debt and equity capital to growth-stage middle market companies, overlapping directly with St. Cloud's flexible financing approach and lower middle market target segment.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
St. Cloud Capital social profiles
Digital presenceSt. Cloud Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
St. Cloud Capital leadership team
Management profileNumber of profiles
Profiles10 records
St. Cloud Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
St. Cloud Capital M&A and investment
M&A and investmentM&A
Investments37 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about St. Cloud Capital
What does St. Cloud Capital do?
St. Cloud Capital is a Los Angeles-based private investment firm that provides growth capital to U.S. lower middle market companies (those with annual revenues between $10 million and $150 million). The firm typically invests $5 million to $20 million per transaction in non-control and control situations, structured as senior secured debt, subordinated debt, and minority equity securities, acting as both a financial and strategic partner to management teams.
Is St. Cloud Capital a public or private company?
St. Cloud Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was St. Cloud Capital founded?
St. Cloud Capital was founded in 2001. It employs 11 to 50 people.
Where is St. Cloud Capital based?
St. Cloud Capital is headquartered in Los Angeles, United States, in the North America region.
How does St. Cloud Capital make money?
One revenue line is on record: investment Returns and Management Fees.
Who are St. Cloud Capital's main competitors?
Broad incumbents on record are Hercules Capital and Main Street Capital. Direct peers are Comvest Partners, WhiteHorse Capital, Encina Capital Partners, Capitala Group, Garrison Capital, Liberty Lane Partners, Northern Pacific Group and Trinity Capital.
Does St. Cloud Capital have an API?
No public API is recorded for St. Cloud Capital.
What industry is St. Cloud Capital in?
St. Cloud Capital's product category is Private Equity / Growth Capital. Its primary akta.pro industry code is FSANADAI, Middle-Market Lending, with a secondary code of FSAKAGAB, SME Term Loans & Growth Capital. Its NAICS code is 52394 and its SIC code is 6159.