Five Points Capital
Five Points Capital is a lower-middle-market investment manager that provides debt and equity capital for buyouts, recapitalizations, acquisitions, and refinancings. It states that it focuses on the U.S. lower middle market and targets investments of $5–$30 million in companies with $3 million of EBITDA or greater.
Five Points Capital publicly describes a U.S.
lower-middle-market strategy combining unitranche, second-lien, and subordinated debt with equity co-investment. Its stated investment range is $5–$30 million for companies with $3 million of EBITDA or greater, across eight listed industry groups.[1][2][3][4][5][6]
What does Five Points Capital invest in?
Five Points Capital presents itself as a provider of debt and equity capital to the lower middle market. Its stated financing products include unitranche, subordinated, and second-lien debt, along with equity co-investment capital.
The firm identifies buyouts, recapitalizations, acquisitions, and refinancings as transaction types. It states that its strategies concentrate on the U.S. lower middle market.[1][2][3]
Five Points lists unitranche debt, second-lien debt, subordinated debt, and equity co-investment as its investment structures. It identifies buyouts, recapitalizations, and acquisitions among its transaction types.
The firm states that its deal teams and firm remain dedicated to a company and sponsor throughout the life of every investment and can provide incremental capital or support when needed.[3]
Owners comparing capital alternatives can review Auxo’s capital advisory services, valuation services, and full-versus-partial sale framework.
What should a business owner evaluate before taking capital from Five Points Capital?
An owner evaluating Five Points may want to clarify how a proposed structure would combine unitranche, second-lien, subordinated debt, or equity co-investment. The firm’s stated criteria also make company EBITDA, industry, management profile, cash flow conversion, and equity capitalization relevant points for discussion.
Because the cited Strategy page does not state holding-period expectations, ownership duration, exit timing, fund size, assets under management, or a transaction valuation range, an owner should request those details directly. The cited transaction materials also do not state valuation or financing amounts for the Price Circuits, Splash Plumbing, or Rumble Pest Solutions transactions.[2][3][4][5][6]
Does Five Points require a financial sponsor, or will it invest directly alongside management
What investment criteria does Five Points Capital publicly describe?
Five Points targets companies with a proven value proposition, defensible competitive advantages, high free cash flow conversion, experienced management teams, and strong equity capitalization.
Its stated investment amount is $5–$30 million in companies with $3 million of EBITDA or greater.[3]
The published criteria combine a stated $5–$30 million investment amount with a minimum company size of $3 million of EBITDA or greater. Five Points also identifies business quality, cash flow conversion, management experience, and equity capitalization as target characteristics.[3]
Five Points states that it concentrates on the U.S. lower middle market.
The sources cited for this profile do not establish a narrower regional mandate.[2]
The official portfolio page lists current investments including ARC Health, ATRO Engineered Systems, Avantus Federal, B/CORE, CASE, Price Circuits, Rumble Pest Solutions, and The Winebow Group, alongside exited investments.
Price Circuits is listed as a current 2026 investment in Niche Manufacturing, with Five Points providing debt and equity co-investment in support of its recapitalization.[4][7]
In June 2026, Five Points provided incremental debt and an equity co-investment to support Splash Plumbing’s acquisition of AAA Plumbers, Inc., also described as James LeCourt.
In August 2025, Five Points provided debt and equity co-investment to support the recapitalization of Rumble Pest Solutions by a Florida-based SBIC. The firm also provided debt and equity co-investment in support of Price Circuits’ June 2026 recapitalization.[4][5][6]
What is not clear from Five Points Capital's public materials?
The cited Strategy page does not state a typical investment holding period, expected ownership duration, or exit timing. That page also does not disclose fund size, assets under management, or a transaction valuation range.
The cited Price Circuits transaction material identifies debt and equity co-investment but does not state the transaction valuation or financing amount. The cited Splash Plumbing transaction material likewise does not state the transaction valuation or financing amount, and the cited Rumble Pest Solutions transaction material does not state those amounts either.[3][4][5][6]
Questions to ask before taking capital from Five Points Capital
How would a proposed investment be divided among unitranche, second-lien, subordinated debt, and equity co-investment?
What are the proposed leverage, pricing, covenants, amortization, warrants, and equity terms?
Does Five Points require a financial sponsor, or will it invest directly alongside management?
What is the expected investment or ownership duration, and how does the firm approach exits?
What follow-on capital may be available for acquisitions and growth?
Which current fund or investment vehicle would provide the capital, and what are its remaining capacity and mandate?
Sources & research notes
- Official website / firm overview
- Services / capabilities
- Investment approach
- Transaction / portfolio evidence
- Transaction / portfolio evidence
- Transaction / portfolio evidence
- Transaction / portfolio evidence
- SEC investment adviser record
- SEC filing / regulatory record
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 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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