palmarès (n): a record of achievements
A private investment firm seeking to make non-control, structured equity investments in privately owned companies.
About Us
Palmares Capital Partners (“Palmares”) is a private investment firm seeking to make non-control equity investments in founder & family-owned companies. We seek to partner with business owners where our capital is utilized to facilitate various business objectives, including:
We also provide board-level strategic guidance and support to help owners achieve their business goals. Unlike traditional private equity, our non-control approach creates a more collaborative environment whereby significant decisions are made at the Board level, and not mandated by a majority owner and passed down to the company management for execution.
Our investment structures are highly flexible and can be tailored to meet the unique needs of individual business owners. We view an investment not as a transaction, but rather as a mechanism to achieve certain objectives for a business owner. We will work with a business owner to structure a transaction that provides liquidity as well as fulfill other potential objectives such as providing for broader management ownership.
We are also focused on the long-term success of a business which allows for strategic decisions to be made that may reduce profitability in the short-term in order to invest in growth initiatives that will create greater value over the long-term.
Meet the Team
-
![]()
Andy Mason
PARTNER & CO-FOUNDER
-
![]()
Stephen Griner
PARTNER & CO-FOUNDER
-
![]()
Patrick Ungashik
PARTNER & CO-FOUNDER
Investment Approach
We only invest as a non-control equity partner. We feel there are unique skill sets to non-control investing which require a more collaborative approach to corporate governance. We view ourselves as a resource to the management team that can assist in a variety of ways depending on the needs and desires of the company, including:
• Board-level strategic guidance and support
• Development & execution of an acquisition strategy
• Development & execution of an organic growth strategy
• Business development
• Financial systems selection and implementation
• Personnel recruitment
• Access to additional debt & equity capital
• Market analysis, financial analysis & project feasibility analysis
Investment Criteria
We only invest in founder and family-owned companies. Our transaction structures work best for business owners that want or need an equity partner but do NOT want to sell their company anytime soon, if at all. We have found our approach to be a very friendly option for business owners who want to maintain more control over the transition of their company. Our general investment criteria are as follows:
Minimum EBITDA of $4 Million
We invest in companies with EBITDA between of $4 million and $15 million.
Investments of $5 - $25 Million
We can provide additional capital for growth initiatives, like capital for acquisitions.
Preferred Stock Investments
This allows us to provide maximum liquidity while minimizing equity dilution for owners.
Industry Agnostic
We are more focused on deal dynamics, or the ultimate purpose and objectives of the transaction
