Ocean Avenue Capital Partners, L.P.

Investment thesis

Ocean Avenue Capital targets small-cap and complex situations, focusing on structural capital preservation while maintaining equity optionality. They engage in various investment strategies including buyouts and growth investments.

Focus narrative

Ocean Avenue Capital focuses on investing in small-cap and complex situations, targeting structural capital preservation while maintaining equity optionality. The firm typically engages in buyouts, recapitalizations, thematic platform builds, growth investments, special situations, carve-outs, and turnarounds. They primarily invest in founder-owned businesses with EBITDA ranging from $3 million to $15 million, operating in fragmented markets with defensible positions. The firm makes equity investments between $10 million and $25 million and is open to both majority and minority stakes.