Auxo Firm Directory · Independent Research Profile

Boyne Capital Partners

Boyne Capital Partners describes itself as a private equity firm focused on lower middle market companies. Its public materials describe growth and acquisition capital, partial or full exit options, buyouts, recapitalizations, add-on acquisitions, and platform investments.

Key takeaway

What stands out about Boyne Capital Partners

Boyne Capital Partners publicly describes a generalist lower middle market investment approach, with published criteria of $10mm–$100mm in annual revenue and $3mm–$12mm in EBITDA. Its stated transaction types include management and shareholder buyouts, recapitalizations, corporate divestitures, add-on acquisitions, and growth capital.[1][2][3][4][12][14]

What does Boyne Capital Partners invest in?

Boyne Capital Partners is a Florida-based private equity firm established in 2006 and focused on investments in lower middle market companies.

The firm describes its approach as building lasting and collaborative relationships with companies whose founders and families remain involved in growing their businesses. Boyne states that it provides capital for corporate growth and facilitates owners’ and shareholders’ partial or full exit.[1][12]

Boyne describes a generalist approach while prioritizing specific investment themes and sectors of interest. Its public materials describe capital for corporate growth, acquisition or growth needs, personal liquidity, potential short- or long-term sale discussions, and platform acquisitions.

The firm also describes flexible investment structures, hands-on management support, industry relationships, and relationships with debt-financing providers.[3][4][12]

Owners evaluating a financial buyer can compare the offer with independent valuation analysis, understand how acquirers approach transactions through Auxo’s buy-side M&A process guide, and consider whether a full or partial sale best fits their objectives.

Published investment criteriaIndependent measures · not a shared scale

EBITDA

$3m

Company operating earnings

Revenue

$10m

Company revenue

Published criteria: Boyne's published criteria state annual revenue of $10mm–$100mm and EBITDA of $3mm–$12mm.[4]

What should a business owner evaluate before considering a transaction with Boyne Capital Partners?

Owners evaluating Boyne may want to clarify how the firm’s published revenue and EBITDA criteria apply to the relevant investment vehicle, whether the proposed transaction would be structured as a platform investment, add-on, buyout, recapitalization, growth investment, or partial or full exit, and what role management and existing owners would hold.

Owners may also wish to request details on valuation, leverage, rollover equity, management incentives, governance, fees, expenses, indemnities, exclusivity, break-up provisions, ownership duration, exit options, and the operational resources available directly from Boyne. The terms and disclosures page indicates that the displayed portfolio examples are not complete, so comparable founder and management references may also be requested.[3][4][12][14]

Which current fund or investment vehicle would make the investment

Boyne states that information about investing in its funds is provided through private placement memoranda and other offering documents.[14]

How would the proposed transaction be classified: platform investment, add-on acquisition, buyout, recapitalization, corporate divestiture, growth capital, or another structure

Boyne’s published transaction types include management and shareholder buyouts, recapitalizations, corporate divestitures, add-on acquisitions, and growth capital, while its public announcements include platform investments.[4][9][10][11]

How do the published $10mm–$100mm revenue and $3mm–$12mm EBITDA criteria apply to this company and the applicable strategy

Boyne’s published criteria state annual revenue of $10mm–$100mm and EBITDA of $3mm–$12mm.[4]

What companies does Boyne Capital Partners target?

Boyne’s published criteria state annual revenue of $10mm–$100mm and EBITDA of $3mm–$12mm. The same criteria identify management and shareholder buyouts, recapitalizations, corporate divestitures, add-on acquisitions, and growth capital as transaction types.[4]

Boyne describes its industry-sector approach as generalist while prioritizing specific investment themes and sectors of interest.[4]

Boyne’s published investment geography is the United States and Canada.[4]

Boyne’s published transaction types include platform acquisitions and add-on acquisitions, along with management and shareholder buyouts, recapitalizations, corporate divestitures, and growth capital.

Recent public announcements include new platform investments in Local Boy Outfitters and YZY Fragrances, as well as a commercial cleaning platform launched with the acquisition of H&B Facility Services.[3][4][9][10][11]

Official portfolio pages identify Masters/MBP as an active industrial and distribution investment headquartered in Sunrise, Florida, structured as an LBO. Local Boy Outfitters is identified as an active LBO investment in a founder-led lifestyle brand.

One Care Pediatric Dental is identified as a realized healthcare investment structured as an LBO.[5][6][7]

Boyne announced a single-asset continuation fund for Pilot Energy on January 28, 2026. It announced new platform investments in Local Boy Outfitters on May 19, 2026, YZY Fragrances on May 13, 2026, and McNish, LLC in May 2025.

Boyne also announced a commercial cleaning platform with the acquisition of H&B Facility Services on May 5, 2026, and announced the sale of McKee Utility Contractors to MasTec on March 2, 2026 at an enterprise value of $276 million.[8][9][10][11][12][13]

What is not clear from Boyne Capital Partners's public investment criteria?

Boyne’s terms and disclosures page states that its displayed active and realized investments are selected illustrative examples rather than a complete list; that page says a complete list is available upon request.

The same terms and disclosures page states that information about investing in Boyne Capital funds is available through private placement memoranda and other offering documents.[14]

Questions to ask when evaluating Boyne Capital Partners as a buyer or investment partner

Which current fund or investment vehicle would make the investment?

Boyne states that information about investing in its funds is provided through private placement memoranda and other offering documents.[14]

How would the proposed transaction be classified: platform investment, add-on acquisition, buyout, recapitalization, corporate divestiture, growth capital, or another structure?

How do the published $10mm–$100mm revenue and $3mm–$12mm EBITDA criteria apply to this company and the applicable strategy?

Boyne’s published criteria state annual revenue of $10mm–$100mm and EBITDA of $3mm–$12mm.[4]

What percentage of control, rollover equity, or management ownership is expected?

Boyne states that it works with founders and families who remain involved in growing their businesses and offers partial or full exit options; the specific ownership structure for a proposed transaction should be clarified.[1][3][12]

How are valuation, leverage, earnouts, seller notes, management incentive equity, governance, and exit options structured?

Boyne describes flexible investment structures and relationships with debt-financing providers, while the public materials cited for this profile do not establish the terms of a proposed transaction.[3]

What operational resources would Boyne provide directly, and can it provide references from founders or management teams from comparable transactions?

Boyne publicly describes hands-on management support and industry relationships. Its terms and disclosures page also states that displayed investments are selected illustrative examples rather than a complete list.[3][14]

Sources & research notes

Public-source research

Prepared and reviewed by: Auxo Capital AdvisorsEvidence standard: Public-source verification

How this profile was researched

Auxo profiles are prepared from publicly available primary and authoritative sources and reviewed for entity identity, factual support and disclosure consistency. When a fact cannot be supported by the reviewed public record, the profile identifies it as something to confirm directly rather than inferring it.

Independent profile & regulatory context

Independent research profile

This profile was prepared by Auxo Capital Advisors from publicly available information believed to be reliable and is provided solely for informational and educational purposes. It is not an endorsement, recommendation, ranking, solicitation, or representation regarding the profiled firm, its services, qualifications, transaction experience, regulatory status, financial condition, or suitability for any particular person, company, transaction, or investment.

Information obtained from third-party and public sources may be incomplete, inaccurate, outdated, or subject to change, and Auxo Capital Advisors makes no representation or warranty, express or implied, as to its accuracy, completeness, or timeliness. Readers should conduct their own independent diligence and consult appropriate professional advisers before engaging any advisor, intermediary, investor, lender, acquirer, or other transaction counterparty.

Broker-dealer and securities disclosure

Auxo Capital Advisors is an affiliate of Weild & Co., Member FINRA | SIPC. Securities-related activities and securities transactions are conducted through Weild & Co.

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