What Eagle Private Capital does

Eagle Private Capital, LLC is a St. Louis-based private investment firm and the fund manager of the Eagle family of funds, a series of six vehicles (Eagle Funds I, II, III, III-A, IV, and IV-A) that collectively manage over $1 billion in capital. Founded in 2003 (with roots traceable to Mississippi Valley Capital Company and Eagle Fund I, LP from 1998), the firm provides subordinated debt and private equity investments of $4–15 million to lower middle market companies with revenues typically between $10 million and $100 million. Eagle supplies growth and change of control capital to privately-owned businesses and sponsor-backed portfolio investments, with a stated preference for patient capital and long-term investment horizons.

The firm deploys capital through a co-investment model, repeatedly partnering with a stable roster of private equity sponsors including 424 Capital (Healthcare/Perspectives Group, BroadcastMed, Coronis Health, AGP), Brook Venture Partners, Candescent Partners, HealthEdge, Harbert Mezzanine Partners, Plexus Capital, Lightview, Silver Peak, Strength Capital, Montage Partners, Digital Fuel Capital, River Associates, Surge Private Equity, Resolute Capital, and Bay Capital. Across the six fund vintages Eagle has executed 155 platform investments and 87 exits, with 68 companies currently active in the portfolio spanning healthcare, industrial services, construction, technology-enabled services, consumer, and specialty distribution.

The operating team of 12 named individuals is led by four Managing Directors — Scott D. Fesler, Benjamin M. Geis, Matthew J. Koster, and James J. Tighe III — supported by Director David P. Kennedy, Director Emeritus Wayne L. Smith II, CFO Hailey B. Westall, and a bench of Associates, a Controller, a Portfolio Senior Manager, and an Office Manager. Revenue is generated through management fees on committed/deployed capital and carried interest on successful exits, with deal sourcing conducted almost entirely through direct bilateral relationships and sponsor referrals rather than competitive auctions or intermediated channels. The firm maintains a secure investor portal (secure.eagleprivatecapital.com) for LP reporting and a primary marketing presence at eagleprivatecapital.com.

Name

Eagle Private Capital

Legal name

Eagle Private Capital, LLC

Website

https://eagleprivatecapital.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Eagle Private Capital is a St. Louis-based private equity and mezzanine fund manager operating the Eagle family of funds (over $1 billion AUM). It invests $4–15 million of subordinated debt and equity in lower middle market companies, typically alongside private equity sponsors.

Ownership category

akta.pro rank

Product category

Mezzanine Financing and Private Equity Fund Management

NAICS

All Other Financial Investment Activities (52399), Other Financial Investment Activities (5239)

SIC

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

akta.pro primary industry

Small-Cap / Micro-Buyout (FSANABAD)

Keywords

• Mezzanine financing
• Private equity investing
• Middle market capital
• Subordinated debt
• Fund management services

Headquarters

HQ city

St Louis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fund Management: Eagle Private Capital operates as a fund manager of the Eagle family of funds. The firm makes subordinated debt and private equity investments of between $4 and $15 million. Revenue is generated through management fees and carried interest from successful portfolio exits.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Eagle Private Capital is the fund manager of the Eagle family of funds and supplies growth and change of control capital to middle market businesses. The firm makes subordinated debt and private equity investments of between $4 million and $15 million per transaction, targeting lower middle market companies with revenues between $10 million and $100 million. It supports equity sponsors and management teams in change of control and growth-oriented transactions through patient capital with a long-term investment horizon.

Product overview

Eagle Private Capital is not a technology product company — it is a private equity and mezzanine financing firm. Its 'offering' is investment capital and strategic partnership for middle market businesses. The company makes subordinated debt and private equity investments of between $4 and $15 million, targeting lower middle market companies with enterprise values typically between $20 million and $500 million. The firm manages over $1 billion under management across multiple Eagle Funds (I through IV and IVA) and focuses on supplying growth and change of control capital to middle market businesses.

Differentiator

Problem solved

Functional benefit

Products and services

• Eagle Family of Funds (Eagle Funds I, II, III, III-A, IV and IV-A) Limited partnership investment vehicles under which Eagle Private Capital makes subordinated debt and private equity investments of $4-15 million per transaction in lower middle market companies. Each fund (Eagle Fund I, II, III, III-A, IV, and IV-A) provides patient capital with a long-term investment horizon to support growth and change of control transactions, and is offered to qualified investors via the firm's secure investor portal.
• Subordinated Debt Investments Mezzanine debt investments of typically $4-15 million per transaction, filling the gap between senior bank financing and equity for middle market businesses and equity sponsor-backed companies undertaking growth, recapitalization, or change of control transactions. Available via the Eagle family of funds.
• Private Equity Co-Investments Private equity co-investments of typically $4-15 million per transaction made alongside equity sponsors and management teams in support of acquisitions, recapitalizations, and growth initiatives for lower middle market companies. Available via the Eagle family of funds.
• Strategic Advisory and Financial Resource Services Strategic and financial resource services provided to portfolio companies and management teams, including assistance with the evaluation of strategic opportunities, delivered as part of Eagle Private Capital's investment partnership alongside capital deployment.

Quantifiable outcome

• 68 active portfolio companies currently in portfolio
• +2 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Golub Capital: Golub Capital is one of the largest direct lenders and mezzanine providers to the U.S. middle market, offering senior debt, unitranche, and one-stop financing to PE-sponsored and non-sponsored companies. Eagle competes head-to-head with Golub in the lower middle market sub-debt/equity co-investment niche.
• Main Street Capital: Main Street Capital is a BDC that provides customized debt and equity capital to lower middle market companies, typically $5–$30M investments. Its lower middle market debt-and-equity strategy and $10M–$100M revenue target segment closely mirror Eagle Private Capital's approach.
• Antares Capital: Antares Capital is a leading middle market private credit and mezzanine provider, offering unitranche and subordinated debt alongside equity co-investments to PE sponsors. Its middle market sponsor-focused financing model overlaps directly with Eagle's core strategy.
• WhiteHorse Capital: WhiteHorse Capital is a lower middle market lender providing structured debt solutions (including mezzanine and unitranche) to PE-backed companies. It is a direct competitor to Eagle in the sub-debt and growth capital segment for lower middle market borrowers.
• Madison Capital Funding: Madison Capital Funding provides senior debt and mezzanine financing to middle market private equity-backed companies. It directly competes with Eagle in the U.S. middle market sponsor financing space.
• Stellus Capital Investment: Stellus Capital is a BDC providing senior and unitranche debt, as well as stretch senior and mezzanine financing, to private middle market companies across the U.S. Its middle market focus and ticket sizes overlap meaningfully with Eagle's sub-debt and equity co-investment approach.
• Garrison Capital: Garrison Capital is a BDC that originates, purchases, and invests in senior secured loans, unitranche loans, and second-lien loans to U.S. middle market companies. Its middle market debt origination model overlaps with Eagle's subordinated debt focus.
• Capitala Group: Capitala Group invests debt and equity in lower middle market companies with $5–$25M of EBITDA, providing subordinated debt, unitranche, and equity co-investments. Its lower middle market focus and ticket size make it a direct comparable to Eagle.

Broad incumbents

• Prospect Capital: Prospect Capital is a large publicly traded BDC providing senior debt, subordinated debt, and equity to middle market companies. While much larger than Eagle and broader in scope, it operates in the same middle market mezzanine and growth capital space.
• New Mountain Finance: New Mountain Finance is a BDC that invests in senior and unitranche debt and select equity in U.S. middle market companies, with a strong emphasis on defensive growth sectors. Its middle market debt-plus-equity strategy is broadly comparable to Eagle's model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

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

M&A

Investments7 records

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

Frequently asked questions about Eagle Private Capital