Trivest Partners, L.P.

What Trivest Partners, L.P. does

Trivest Partners, L.P. is a private equity firm founded in 1981 and headquartered in Coral Gables, Florida, that invests exclusively in founder-led and family-owned businesses across the United States and Canada. The firm operates four distinct fund strategies — the Mid-Market Fund (control investments in lower middle-market companies), the Trivest Growth Investment Fund / TGIF (non-control, minority investments in fast-growing businesses), the Discovery Fund (small companies in fragmented industries with scale potential), and the Recognition Fund (larger companies already scaling). With approximately $4 billion in assets under management and 60+ professionals across offices in Coral Gables, Charlotte, Chicago, Los Angeles, New York, Philadelphia, and Toronto, Trivest reports completing more than 400 investments totaling approximately $7 billion in transaction value since inception.

The firm sources deals through a proprietary mix of direct outreach, an Independent Sponsors network, a referral program tied to an S-Class Mercedes-Benz incentive, and dedicated regional business development professionals. Trivest does not deploy an operating partner model; instead, partners serve as active board members while portfolio-company management retains operational control. The firm's value-creation framework ("Path to 3x") and its commitment to close at LOI price are central differentiators in a market where founder-friendly treatment is often marketing rather than practice.

Revenue is derived from two streams: management fees on committed capital (industry standard 1-2% annually on fund assets) and carried interest (typically 20% of profits above hurdle rates, realized upon exit). Trivest has been recognized by Inc. Magazine as a Founder-Friendly Investor for multiple consecutive years and by BluWave as a Top PE Innovator for four consecutive years (2022-2025). The firm is also a signatory of the United Nations Principles for Responsible Investment (UN PRI).

Name

Trivest Partners, L.P.

Legal name

Trivest Partners, L.P.

Website

https://trivest.com

Company type

Private

Founded year

1981

Operating status

Operating

Short description

Trivest Partners is a Coral Gables-based private equity firm founded in 1981 that invests exclusively in founder and family-owned businesses across the U.S. and Canada, managing approximately $4 billion across four specialized fund strategies.

Ownership category

akta.pro rank

Product category

Private Equity Investment Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Multi-Sector / Generalist Growth Equity (FSANACAO)

Keywords

• Private equity investments
• Founder-owned business funding
• Family business acquisitions
• Middle market buyouts
• Growth capital investments

Headquarters

HQ city

Coral Gables

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Management Fees: Private equity firms typically charge management fees on committed capital under management, typically 1-2% annually on fund assets.
2. Carried Interest: Performance-based carried interest typically 20% of profits above the hurdle rate, earned upon successful exits of portfolio companies.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Trivest Partners is a private equity firm that makes control and non-control investments in founder-led and family-owned businesses across the United States and Canada through four distinct fund strategies: the Mid-Market Fund (majority investments in lower middle market companies), the Growth Investment Fund/TGIF (non-control minority investments in fast-growing businesses), the Discovery Fund (small companies in fragmented industries), and the Recognition Fund (larger scaled founder-owned companies). The firm has completed more than 400 investments totaling approximately $7 billion in transaction value with about $4 billion in assets under management.

Product overview

Trivest Partners is a private equity firm offering four distinct investment fund strategies for founder and family-owned businesses: Mid-Market Fund (control investments in lower middle market), Growth Investment Fund/TGIF (non-control minority investments for fast-growing businesses), Discovery Fund (investments in small scalable companies in fragmented industries), and Recognition Fund (investments in larger scaled companies). The firm focuses exclusively on partnering with founder-led and family-owned businesses in the United States and Canada, providing both control and non-control investment options across different company stages.

Differentiator

Problem solved

Functional benefit

Brands

• Trivest Mid-Market Fund: Control, or majority, investments in founder and family-owned businesses in the lower middle market.
• Trivest Growth Investment Fund (TGIF)
• Trivest Discovery Fund
• Trivest Recognition Fund

Products and services

• Trivest Mid-Market Fund Control or majority investments in founder and family-owned businesses in the lower middle market across the United States and Canada. Provides growth capital, liquidity events, succession planning, and management buyouts for founder-led companies.
• Trivest Growth Investment Fund (TGIF) Non-control or minority investments in fast-growing businesses where founders want to retain a majority stake. Provides growth capital and partnership support while allowing founders to maintain operational control.
• Trivest Discovery Fund Investments primarily in small, successful companies within fragmented industries that have enormous potential to scale. Targets platform investments and add-on acquisitions for existing portfolio companies.
• Trivest Recognition Fund Investments in larger, successful founder and family-owned companies that have already begun to scale. Led by Managing Partner Jorge Gross Jr., this fund serves more mature founder-owned businesses seeking institutional capital.

Quantifiable outcome

• Over 400 investments completed since 1981
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• United Nations Principles for Responsible Investment (UN PRI)coreOthersTrivest is a signatory of the United Nations Principles for Responsible Investment, demonstrating commitment to corporate responsibility, sustainability, and ESG practices.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Market position

Competitive moat5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries8 records

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 Trivest Partners, L.P.