Our Story

Carve Capital Partners was established to marry our passion for living active lifestyles with our professional expertise acquired across decades of experience in M&A. We aim to invest in businesses that we love to grow them and support our mission:

To improve lives by providing financial and intellectual capital, support, and resources to high-impact active, outdoor, and healthy living companies

Investment Strategy

Our strategy is focused on high-quality investments in the active and outdoor sectors, delivering attractive returns for investors while promoting healthy, active lifestyles

  • Active and Outdoor Goods & Services: Companies related to outdoor activities, adventure sports, and healthy living (e.g., cycling, skiing, hiking, and fitness equipment)

    Health and Wellness: mobile health technology, wellness and longevity products, and services promoting a healthy lifestyle

    Technology: innovative technology solutions in the active and outdoor sectors

  • Revenue between $10 – 100 million

    EBITDA up to $20 million

    Willing to consider larger companies opportunistically, with identified sources of additional capital support

  • Profitability: Growing profitability and positive cash flow (or a clear path to get there)

    Growth Potential: Strong growth prospects, including through strategic acquisitions

    Scalability: Business models that can be scaled effectively

  • Primary: North America

    Secondary: Europe and other international markets with similar industry dynamics

  • Majority ownership investments, including buyouts and majority recapitalizations

    Will selectively consider minority investments

  • Experienced Leadership: Preference for companies with strong and energetic management teams committed to driving growth

    Partnership Potential: Willingness to work collaboratively with company leadership to implement value creation strategies

  • Flexible with a target investment horizon for majority buyouts of 3 to 10 years

Carve as a Partner

Our focus on partnership with strong teams, strategic growth opportunities, and operational excellence ensures we create sustainable value for all stakeholders involved