Sundance Partners

What Sundance Partners does

Sundance Partners (legal entity Sundance Management Holdings, LLC) is a Washington, DC-based private equity firm specializing in lower middle market growth buyouts. The firm invests $5M-$50M+ in business services and technology companies generating $2M-$20M in EBITDA, providing capital alongside operational expertise, industry knowledge, and M&A advisory support. Sundance positions itself as a hands-off partner to management teams, supplying capital and resources while portfolio operators retain execution control. The firm is an affiliate of District Capital Partners (DCP), through which it accesses a broader bench of 25+ professionals and an extensive operating partner network for deal sourcing, transaction support, and portfolio company oversight. The firm is led by Founder Matt Lynch and operates with 11-50 employees.

Sundance's most visible operating activity is the Mascot Holdings platform, a roll-up vehicle targeting best-in-class sports construction companies across the Southwest. The platform's current portfolio includes KMI Sports Construction (headquartered in Austin, Texas; strategic investment February 2025 following record 2024 growth) and Fielder's Choice (Houston-based, founded 1999, 800+ fields completed; acquired August 2025). Combined, the platform positions itself as one of the largest independent athletic field construction firms in the Southwest, serving school districts (including University of Houston and Rice University), municipalities, and private sports organizations across Texas. Sundance describes its go-to-market as relationship-driven direct investment with management teams of target companies, supplemented by referrals and the DCP network.

The firm's revenue model follows standard private equity mechanics — management fees and carried interest from funds invested in portfolio companies — with investment terms negotiated deal-by-deal rather than published. No fund size, vintage, AUM, or realized return data is publicly disclosed. Geographic focus spans the Mid-Atlantic (firm's home market) and the Southwest (Mascot platform), with stated ambitions to extend the sports construction footprint beyond Texas.

Name

Sundance Partners

Legal name

Sundance Management Holdings, LLC

Website

https://sundancepartners.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Sundance Partners is a Washington, DC private equity firm executing lower middle market growth buyouts ($5M-$50M+) in business services and technology. It leverages its District Capital Partners affiliate relationship for M&A advisory and operates Mascot Holdings, a Southwest sports construction platform.

Ownership category

akta.pro rank

Product category

Private Equity / Growth Capital

akta.pro primary industry

Independent Sponsor / Fundless Sponsor ETA (FSANALAB)

Keywords

• Private equity firm
• Growth capital investing
• Lower middle market
• Business services technology
• Portfolio company management

Headquarters

HQ city

Washington

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. Private Equity Fund Management and Portfolio Returns: Sundance Partners generates returns through equity investments in lower middle market companies, providing capital in exchange for ownership stakes. The firm collaborates with portfolio company management teams to drive value creation through operational expertise, strategic guidance, and M&A support, ultimately realizing returns through exit events such as strategic sales or recapitalizations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Sundance Partners is a private equity firm that provides growth capital of $5M-$50M+ to lower middle market business services and technology companies with $2M-$20M EBITDA. The firm partners with management teams by supplying capital, deep industry knowledge, and operational expertise to drive value creation and scale businesses through organic growth and strategic acquisitions. It also operates Mascot Holdings as a portfolio platform aggregating sports construction companies across the Southwest, including KMI Sports Construction and Fielder's Choice.

Product overview

Sundance Partners offers a single unified private equity service focused on lower middle market growth buyouts, providing capital, deep industry knowledge, and operational expertise to scaling companies in business services and technology sectors. The firm leverages its affiliate relationship with District Capital Partners for M&A advisory capabilities. Key portfolio companies operating under the Mascot Holdings platform include KMI Sports Construction (athletic field construction) and Fielder's Choice (athletic field construction acquired in August 2025).

Differentiator

Problem solved

Functional benefit

Products and services

• Sundance Partners Private Equity Services Lower middle market growth buyout investment services providing $5M-$50M+ in equity capital, deep industry knowledge, and operational expertise to scaling business services and technology companies with $2M-$20M EBITDA. Offered to private company management teams as a partnership-style investment relationship rather than operational control.
• Mascot Holdings Portfolio platform launched by Sundance Partners to support and grow best-in-class sports construction companies across the Southwest. Aggregates complementary sports construction operating companies under a shared platform, providing capital and strategic oversight. Current portfolio includes KMI Sports Construction and Fielder's Choice.
• KMI Sports Construction Leading provider of comprehensive indoor and outdoor athletic field solutions headquartered in Austin, Texas. Serves school districts, local parks, and large-scale sports complexes with durable, high-quality athletic field construction. Operates as a portfolio company of Mascot Holdings, the Sundance Partners platform.
• Fielder's Choice Houston-based athletic field construction company with over 25 years of history and a track record of more than 800 fields completed across Texas and beyond. Provides construction of football, baseball, softball, soccer, lacrosse fields, and running tracks. Acquired by Mascot Holdings in August 2025 and continues operating under its own brand with Tom Worthen as President.

Named customers6 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Mascot HoldingscoreStrategic or Co-development PartnerMascot Holdings is a platform launched by Sundance Partners to support and grow best-in-class sports construction companies across the Southwest. Sundance provides capital and strategic oversight to Mascot, which operates as an aggregator of sports construction companies. Current portfolio includes KMI Sports Construction and Fielder's Choice.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• The Sterling Group: Middle market PE firm executing control investments and platform builds in business services and industrial sectors, with comparable investment size, EBITDA thresholds, and operational value-creation focus to Sundance.
• Pfingsten Partners: Lower middle market PE firm focused on control investments in business services and consumer products, executing platform builds with add-on acquisitions similar to Sundance's Mascot Holdings roll-up strategy.
• Soundcore Capital Partners: Lower middle market PE firm building platform investments through founder partnerships and add-on acquisitions in business services, with a comparable investment size, EBITDA threshold, and operating-partner-driven value creation model.
• Audax Group: Lower middle market PE firm focused on growth buyouts and add-on acquisitions in business services and technology, with a similar $5M-$50M+ investment range and explicit platform-building approach comparable to Sundance's Mascot Holdings strategy.
• Trinity Hunt Partners: Lower middle market growth-oriented PE firm partnering with founder-led businesses in business services and technology, with comparable investment size, partnership philosophy, and platform-building approach to Sundance.
• Gryphon Investors: Middle market private equity sponsor executing leveraged buyouts and growth investments in business services and consumer sectors with similar equity check sizes and partnership-oriented approach to portfolio management.
• Compass Group Equity Partners: Lower middle market PE firm executing control investments in business services and consumer sectors, employing platform-build and add-on acquisition strategies with similar equity check sizes to Sundance Partners.
• Sheridan Capital Partners: Lower middle market PE firm executing control buyouts and growth investments in partnership with founder-led management teams, with comparable check size, sector focus, and operating-partner-supported approach.
• Webster Equity Partners: Lower middle market PE firm focused on control and growth investments in business services and consumer sectors, partnering with management teams to drive organic and acquisitive growth in a manner comparable to Sundance's platform approach.
• Tengram Capital Partners: Lower middle market consumer and business services PE sponsor building differentiated platforms through add-on M&A, with similar investment size and partnership-with-founders orientation to Sundance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sundance-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Sundance Partners