Omega Capital Management

What Omega Capital Management does

Omega Capital Management, LLC is a Tulsa, Oklahoma-based private equity firm founded in 2013 by Jason S. Martin. The firm acquires or invests in profitable lower middle market companies headquartered in Oklahoma and surrounding states, targeting businesses with annual revenue exceeding $10 million, capable management teams, clear competitive advantages, and good balance sheets. Omega Capital sponsors a broad range of transactions including owner retirement, generational transfer, recapitalization, management buyouts, acquisition financing, buyout of minority partners, corporate spinouts, and growth equity infusion.

The firm operates two primary investment vehicles: Omega Capital Fund I, L.P., which closed in April 2014 with $30 million in commitments, and Omega Capital Fund II, L.P., which held its first closing in July 2024. Omega Capital combines its own capital with capital from investor-partners—primarily prominent entrepreneurs and family offices in the region. The firm's revenue model is standard for private equity: management fees on committed/invested capital plus carried interest on realized gains, though specific terms are not publicly disclosed.

Omega Capital's portfolio spans healthcare (CareATC, sold to LLR Partners), aerospace (Raisbeck Engineering), environmental/energy (MIRATECH, sold to BP Energy Partners), and aviation services (Berry Aviation). The firm is led by Founder & President Jason S. Martin, a Harvard graduate who previously co-founded and led Argonaut Private Equity (a $5 billion global PE platform from 2002-2012) and has led $1.7 billion in direct investments across more than 50 portfolio companies during his career. The firm operates with 1-10 employees from its Tulsa headquarters at 4124 S. Rockford Ave, Suite 201.

Name

Omega Capital Management

Legal name

Omega Capital Management, LLC

Website

https://omegacapital.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Omega Capital Management is a Tulsa, Oklahoma-based private equity firm founded in 2013 that acquires and invests in profitable lower middle market companies in Oklahoma and surrounding states, operating Fund I ($30M, 2014) and Fund II (2024).

Ownership category

akta.pro rank

Product category

Private Equity Investment Management

NAICS

Portfolio Management and Investment Advice (52394), Other Financial Investment Activities (5239), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-PE / Lower Middle Market ETA Funds (FSANALAG)

akta.pro secondary industry

Geography-Focused ETA (e.g., LATAM/Europe/Asia) (FSANALAJ)

Keywords

• Private equity firm
• Lower middle market
• Buyout investments
• Fund management
• Growth equity

Headquarters

HQ city

Tulsa

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, Others

Revenue model

1. Fund Management: Omega Capital manages private equity funds (Omega Capital Fund I, L.P. and Omega Capital Fund II, L.P.), generating revenue through management fees and carried interest from fund investments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Omega Capital is a private equity firm headquartered in Tulsa, Oklahoma that acquires or invests in profitable lower middle market companies. The firm deploys its own capital alongside capital from investor-partners to execute owner retirement, generational transfer, recapitalization, management buyout, acquisition financing, buyout of minority partner/shareholder, corporate spinout, and growth equity infusion transactions for companies headquartered in Oklahoma and surrounding states.

Product overview

Omega Capital is a private equity firm offering investment fund management services. The firm operates two main investment funds (Omega Capital Fund I, L.P. and Omega Capital Fund II, L.P.) that target profitable lower middle market companies in Oklahoma and surrounding states. The firm also provides portfolio companies with acquisition financing, management buyout support, and growth equity infusion. Investment focus areas include businesses headquartered in Oklahoma or surrounding states with revenue exceeding $10 million annually, outstanding reputation, capable management teams, and clear competitive advantages.

Differentiator

Problem solved

Functional benefit

Products and services

• Omega Capital Fund I, L.P. Omega Capital's inaugural private equity fund focused on acquiring or investing in profitable lower middle market companies in Oklahoma and surrounding states. Closed in April 2014 with $30 million in commitments.
• Omega Capital Fund II, L.P. Omega Capital's second private equity fund continuing the firm's strategy of investing in well-run lower middle market companies with room to grow revenues and operating margins. First closing held in July 2024.
• LP Login Portal Secure web portal for limited partners of Omega Capital funds to access their investment information and fund documentation at omegacapital.com/lp-login.

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Wynnchurch Capital: Lower middle market PE firm focused on operational value creation across industrials, energy, and business services. Comparable to Omega in target company profile (profitable LMM businesses) and broad sector mandate, though larger and more national.
• Centre Partners: Lower middle market PE firm focused on family/founder-owned businesses, management-led buyouts, and corporate carve-outs. Highly comparable to Omega's emphasis on owner-liquidity, generational transfer, and recapitalization transactions.
• HCI Equity Partners: Lower middle market PE firm targeting profitable companies in partnership with management teams. Comparable to Omega in deal structure (MBO, recapitalization, growth equity), target profile, and family/founder-friendly approach.
• Argonaut Private Equity: Co-founded by Omega's founder Jason Martin (2002-2012), Argonaut is a $5B global lower middle market PE platform. Highly comparable given shared founder DNA and overlapping focus on profitable LMM companies, though materially larger in scale.
• Insight Equity: Texas-based private equity firm focused on the lower middle market with operational value-add capabilities. Directly comparable to Omega on target deal size, profitability requirements, and middle-market orientation.
• Sun Capital Partners: Lower middle market PE firm operating across diversified industries with focus on operationally intensive situations. Comparable to Omega on target company size, breadth of transaction types (buyouts, recapitalizations, growth equity), and broad sector mandate.

Broad incumbents

• Genstar Capital: Large middle market PE platform with diversified sector exposure including industrial, financial services, and healthcare. Overlaps with Omega on LMM buyout strategy but operates at significantly larger scale and broader industry coverage.
• LLR Partners: Lower middle market growth equity firm with sector focus on technology, healthcare, and business services. Connected to Omega as the acquirer of Omega's portfolio company CareATC; overlaps on LMM deal profile and healthcare exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/omega-capital-management-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Omega Capital Management