Versatile Growth Capital
Deep Sector Knowledge
Breadth of Experience
Trust. Vision. Stewardship.
For over a decade, these values have guided Firmament as an architect of versatile growth capital solutions to small- and medium-sized enterprises (SMEs) globally. Utilizing our collective breadth of experience and deep sector knowledge, we work in close partnership with entrepreneurs and management teams with the goal to turn small business into big business. In antiquity, the firmament was the mystical vault above the earth that was said to hold the stars. As we enter our second decade, we will strive to engender the trust of our partners with the goal of propelling great ideas forward and catalyzing winning outcomes.
We strive to engender the trust of our partners to propel great ideas forward and catalyze winning outcomes.
Private Equity Strategy
Firmament provides control equity, minority equity and growth debt capital to lower-middle market businesses primarily in three core industry verticals: Technology, Healthcare and the Environment. Within these verticals, we make investments in service, software and specialty-manufacturing companies with significant scaling potential. We seek to be a value-added partner to entrepreneurs, management teams, and business owners, and curate solutions by deploying versatile capital in a user-friendly way.
Private Credit Strategy
Firmament acts as a financing source to some of the leading private equity firms, family offices, fundless sponsors and entrepreneur-backed companies to provide customized debt financings to middle market businesses. Our deep sector knowledge and breadth of experience allow us to be a reliable debt capital provider in both the sponsor and non-sponsor credit markets. We focus on the credit needs of our borrowers and offer debt capital structure solutions tailored to solve dynamic situations.
In the News
Below list of transactions represent the most recent completed transactions in private funds managed by Firmament
Firmament Exits Pinnacle MEP
Firmament, a provider of structured equity capital solutions for small- and medium-sized enterprises, successfully exited its investment in Pinnacle MEP (“Pinnacle” or the “Company”), a leading mechanical services provider based in the Great Lakes region. Pinnacle was acquired by Blue Point Capital Partners, a middle-market private equity fund based in Cleveland. The terms of the transaction were undisclosed.
Firmament-Backed Panacea Acquires KA Consulting, Expanding Eligibility Determination and Revenue Integrity Capabilities
Firmament-backed Panacea Healthcare Solutions (the “Company”), a leading provider of healthcare financial and clinical software and tech-enabled services, announced today the acquisition of CBIZ KA Consulting Services, LLC (“KA Consulting”), a provider of eligibility, clinical coding and auditing, and revenue integrity solutions to U.S.-based hospitals and healthcare systems.
Firmament Supports Alchemy Analytical Group's Acquisition of Spectron
Firmament, a provider of structured capital solutions to small and medium-sized enterprises, announced today an investment in Alchemy Analytical Group (“AAG” or the “Company”). AAG manufactures and distributes consumable and reference materials to the laboratory analytical and life sciences (“ALS”) industry. More specifically, AAG targets the atomic spectroscopy (“ASM”) subsegment of the ALS industry.
Firmament-Backed Scanco Acquires WithoutWire to Expand Offering for Warehouse Management and Automation
Scanco Software, LLC (“Scanco”), one of the industry leaders providing innovative software solutions for the manufacturing and distribution industries, is pleased to announce its strategic acquisition of Appolis, LLC (d.b.a. WithoutWire Inventory; “WithoutWire”), a provider of software built for complex inventory management.
Firmament Recapitalizes Whitecap Waste
Firmament, a provider of structured equity capital solutions to small- and medium-sized enterprises, announced today its strategic investment in Whitecap Waste, one of the leading waste collection service companies in southern West Virginia. Whitecap Waste represents Firmament’s 8th platform investment in environmental services since inception.
Firmament Leads Investment in Sparkle Express Car Wash Group
Firmament, announced today its strategic investment in Sparkle Express Car Wash Group (“Sparkle” or the “Company”), a new membership-based express car wash brand headquartered in Chicago with locations across Georgia, South Carolina, and Illinois. Sparkle represents the business combination of 19 separate unit acquisitions across all three states.
Firmament Invests in Navitrans
Firmament, announced today its majority investment in Navitrans, a Kortrijk, Belgium based provider of logistics software solutions for transport service providers across Europe. This partnership underscores Firmament’s continued commitment to providing growth capital and strategic advisory to support product development, management, and new solutions to businesses in the supply chain sector.
Firmament Invests in Matador Gas
Firmament has made a strategic investment in Matador Gas, one of the leading retail propane distributors and standby generator service providers. This partnership underscores Firmament’s commitment to supporting leaders in the environmental services sector and propelling the growth of reliable energy solutions.
Firmament Invests in LightRidge Solution Holdings LLC
Firmament announced today an investment in LightRidge Solutions Holdings LLC. LightRidge is one of the leading providers of space technologies and defense mission solutions primarily for the U.S. national security community.
Firmament Facilitates Merger of Prime Providers and Right Choice In-Home Care
Firmament announced today an investment in Prime Providers, to support the Company’s acquisition of Right Choice In-Home Care. Prime is a home-based healthcare organization providing private duty nursing, Applied Behavior Analysis (ABA) therapy, and related services to patients across California. Right Choice provides personal care and respite care services to patients with Intellectual and Developmental Disabilities (IDD) in California.
Firmament-Backed e4health Acquires eCatalyst, Expanding Coding & HIM Capabilities
Firmament-backed e4health, one of the leading healthcare mid-revenue cycle and information technology solutions providers, announced today the acquisition of Phoenix-based eCatalyst Healthcare Solutions, a provider of outsourced medical coding, auditing, clinical documentation integrity, and health information management services to U.S.-based hospitals and healthcare systems.
Firmament Invests in Scanco Software
Firmament, announced today its acquisition of Scanco Software, LLC (“Scanco”), one of the leading providers of innovative software solutions for the manufacturing and distribution industries. Firmament is an established investor in software and services providers in the supply chain sector. The transaction is a significant milestone for Scanco, as Firmament’s backing will pave the way for Scanco to grow and expand its suite of warehouse and manufacturing automation solutions.