Patriot Capital
Patriot Capital is a Baltimore-based private investment firm founded in 2001 that provides debt and equity capital for acquisitions, management buyouts, and recapitalizations in the lower-middle-market, typically as a co-investor alongside other institutional capital providers.
- Company typePrivate
- Founded2001
- HeadquartersBaltimore, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Patriot Capital does
Patriot Capital is a Baltimore-based private investment firm founded in 2001 that provides debt and equity capital to lower-middle-market companies, primarily in support of acquisitions, management buyouts, and recapitalizations. The firm operates with 11-50 employees under a partner-led structure headed by founder and managing partner Charles P. McCusker, alongside managing partners Charles Bryan, Chris M. Royston, and Thomas O. Holland.
The firm's documented recent activity shows a pattern of participating as a co-investor or syndicate partner in platform formations and growth equity transactions rather than as a sole lead. In the most recent fiscal year covered (July 2025 through February 2026), Patriot Capital completed three capital deployments: a co-investment in Vermana, a Florida-based commercial pool services roll-up platform formed in connection with Lightview Capital's acquisition (July 2025); participation in a strategic growth partnership led by Edgehill Management for ILS Gummies, a Texas-based gummy supplement manufacturer in the nutraceutical sector (February 2026); and co-investment alongside Aldine Capital Partners, Petra Capital Partners, and Pine Street Capital in the formation of Agathos AEC, a new nationwide Architecture & Engineering consolidation platform (February 2026).
The firm's revenue model is consistent with a traditional private investment partnership: management fees on committed or invested capital, supplemented by carried interest from successful realizations. Pricing, fund size, AUM, and fee terms are not publicly disclosed. Customer concentration risk is structurally low in the sense that portfolio investments are diversified across industries (pool services, architecture & engineering, nutraceuticals) and geographies (Mid-Atlantic base with Southeast and Southwest expansion), though each individual investment is a discrete concentration event for that fund vintage.
Patriot Capital firmographics
Firmographics- Name
- Patriot Capital
- Website
- https://patriot-capital.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Patriot Capital is a Baltimore-based private investment firm founded in 2001 that provides debt and equity capital for acquisitions, management buyouts, and recapitalizations in the lower-middle-market, typically as a co-investor alongside other institutional capital providers.
- Ownership category
- akta.pro rank
Patriot Capital industry classification
Industry- Product category
- Private Equity / Investment Management
- NAICS
- Other Financial Investment Activities (5239), Miscellaneous Financial Investment Activities (523999)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Secondaries Co-Investments & Annex Funds (FSANAFAF)
Keywords
Where Patriot Capital is headquartered
LocationHeadquarters
- HQ city
- Baltimore
- HQ country
- United States
- HQ region
- North America
Markets served
Patriot Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Patriot Capital product offering
Product offeringCore offering
Patriot Capital is a private investment firm that provides debt and equity capital for acquisitions, management buyouts, and recapitalizations. The firm co-invests alongside other institutional capital providers to support lower middle-market companies across diverse industry sectors including architecture & engineering, nutraceuticals, and consumer services.
Differentiator
Problem solved
Functional benefit
Products and services
- Acquisition Financing
- Management Buyout Financing
- Recapitalization Capital
- Co-Investment Capital
Companies that use Patriot Capital
Customer profileIdeal customer profiles1 record
Patriot Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Patriot Capital partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights5 records
Patriot Capital competitors and assessment
Company assessmentDirect peers
- Aldine Capital Partners: Lower middle market PE co-investor that has partnered with Patriot Capital on the Agathos AEC and Vermana transactions, operating a similar size, mandate, and deal-size profile.
- Edgehill Management: Private credit and growth equity firm that led the ILS Gummies partnership alongside Patriot Capital, sharing a similar lower-middle-market private credit mandate.
- Lightview Capital: West Palm Beach-based private equity fund that acquired Vermana with co-investment from Patriot Capital; comparable lower middle market PE sponsor with a similar Southeast U.S. orientation.
- Providence Investment Partners: Institutional capital provider that participated in the ILS Gummies strategic partnership alongside Patriot Capital; comparable private credit and growth equity investor.
- Petra Capital Partners: Co-investor with Patriot Capital in the Agathos AEC platform formation; similar lower-middle-market private investment firm operating across similar check sizes.
- Pine Street Capital: Co-invested with Patriot Capital in the Agathos AEC formation; comparable lower-middle-market private investment firm in size and deal type.
- ECP Growth: Institutional capital provider that participated alongside Patriot Capital in the ILS Gummies strategic growth partnership; similar growth-equity mandate in the lower middle market.
- Trivest Partners: Lower middle market private equity firm with a flexible debt-and-equity capital approach targeting founder-owned businesses and management buyouts—closely analogous to Patriot Capital's stated mandate.
Emerging players
- Hunter Forest Capital: Announced the formation of the Agathos AEC platform with backing from Patriot Capital and others; a smaller, emerging sponsor with comparable lower-middle-market platform-formation activity.
Regional players
- Calvert Street Capital Partners: Baltimore-area lower middle market PE sponsor with a comparable geography and acquisition/recapitalization focus, serving as a regional comparable for Patriot Capital.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Patriot Capital social profiles
Digital presencePatriot Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Patriot Capital leadership team
Management profileNumber of profiles
Profiles4 records
Patriot Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Patriot Capital M&A and investment
M&A and investmentM&A
Investments69 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Patriot Capital
What does Patriot Capital do?
Patriot Capital is a private investment firm that provides debt and equity capital for acquisitions, management buyouts, and recapitalizations. The firm co-invests alongside other institutional capital providers to support lower middle-market companies across diverse industry sectors including architecture & engineering, nutraceuticals, and consumer services.
Is Patriot Capital a public or private company?
Patriot Capital is a private company. It is classified as unknown and is currently operating.
When was Patriot Capital founded?
Patriot Capital was founded in 2001. It employs 11 to 50 people.
Where is Patriot Capital based?
Patriot Capital is headquartered in Baltimore, United States, in the North America region.
Who are Patriot Capital's main competitors?
Direct peers on record are Aldine Capital Partners, Edgehill Management, Lightview Capital, Providence Investment Partners, Petra Capital Partners, Pine Street Capital, ECP Growth and Trivest Partners. Hunter Forest Capital is listed as an emerging player. Calvert Street Capital Partners is listed as a regional player.
Does Patriot Capital have an API?
No public API is recorded for Patriot Capital.
What industry is Patriot Capital in?
Patriot Capital's product category is Private Equity / Investment Management. Its primary akta.pro industry code is FSANAFAF, Secondaries Co-Investments & Annex Funds. Its NAICS code is 5239 and its SIC code is 6282.