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Pamlico Capital

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Capital III exclusively includes outside investors: AlpInvest Partners, Constitution Capital Partners, GE Pension Trust, HarbourVest Partners, affiliates of Hartford Investment Management Company (HIMCO), HOOPP Capital Partners (the private equity arm of the Healthcare of Ontario Pension Plan), John Hancock Financial Services, SCM Strategic Capital Management, AG and TIAA-CREF.
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In February 2020, the firm closed its fifth fund, Pamlico Capital V (PC V). PC V was well oversubscribed with demand from existing and new investors materially surpassing the original $ 1.25 billion target. As with Pamlico’s previous funds, PC V will seek equity investments of $ 25 million to $ 125
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In October 2013, Pamlico Capital closed Fund III at $ 650 million, well-exceeding the original goal of $ 500 million. Pamlico Capital III is the first fund raised after the spin-out from Wells Fargo in 2010. While previous Funds had a majority investment from the financial institution, Pamlico
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Three years later in November 2016, Pamlico Capital closed Fund IV at the hard cap with total commitments of $ 910 million. Pamlico Capital IV (PC IV) raised its capital in only four months, was oversubscribed and significantly exceeded the original $ 750 million target.
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Among the firm's notable investments are Daxko, Dexter & Chaney, Lightower Fiber Networks, MetaMetrics, Secure-24, Service Express, symplr, TMW Systems and Wilcon.
258:, among the original partners at conception of First Union Capital Partners, were named Managing Partners of the firm alongside Scott Perper, Chief Financial Officer 1482: 1487: 640: 1472: 633: 424: 490: 482: 614: 379: 1331: 952: 1381: 1214: 1341: 1184: 417: 235:, a commercial bank based in Charlotte. The firm changed its name to Wachovia Capital Partners following the merger of 259: 251: 1407: 1371: 1316: 297: 1326: 1321: 1154: 1144: 1336: 495: 467: 196:. The firm has invested approximately $ 3.8 billion in more than 200 companies since inception across two funds. 804: 701: 609: 169:, which was formerly called First Union Capital Partners and then Wachovia Capital Partners, is an independent 1244: 746: 625: 604: 410: 1438: 1275: 1114: 865: 1366: 1361: 1356: 1311: 510: 505: 500: 1290: 1209: 1194: 1032: 905: 845: 402: 1174: 945: 794: 731: 683: 561: 536: 325:
million in growing companies with total enterprise values of between $ 50 million and $ 350 million.
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in the business services, technology services, telecommunications and healthcare industries.
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American private equity firm focused on growth capital and leveraged buyout investments
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across a range of industries. The firm invested both as the lead investor or an
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Founded as First Union Capital Partners in 1988, the firm served as the
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As a captive private equity investment arm, the firm focused on
880: 829: 930: 192:, was founded in 1988 as the private equity investment arm of 111: 789: 380:"Pamlico Capital raises $ 650M in first post-Wachovia fund" 870: 377: 304:, which had an existing private equity platform, 1483:Financial services companies established in 1988 1464: 300:, the firm's parent, Wachovia was acquired by 946: 641: 491:History of private equity and venture capital 418: 1488:Companies based in Charlotte, North Carolina 365:"Wells Fargo spins off private equity unit" 214: 953: 939: 648: 634: 425: 411: 1473:Private equity firms of the United States 311: 218: 1465: 657:Merchant banking private equity groups 203:, which is located in North Carolina. 934: 629: 406: 1433: 1382:Wells Fargo Tower (Colorado Springs) 1342:Wells Fargo Center (Salt Lake City) 13: 1185:First National Bank (Philadelphia) 14: 1499: 1408:Wells Fargo cross-selling scandal 1372:Wells Fargo Center (Philadelphia) 1332:Wells Fargo Center (Portland, OR) 1317:Wells Fargo Center (Jacksonville) 1145:Bowles Hollowell Conner & Co. 390: 378:Adam O'Daniel (October 8, 2013). 243:in 2001, under Managing Partners 1444: 1432: 1421: 1420: 1327:Wells Fargo Center (Minneapolis) 1322:Wells Fargo Center (Los Angeles) 1002: 919: 25: 1337:Wells Fargo Center (Sacramento) 960: 496:Early history of private equity 345:. WRAL TechWire. 18 August 2008 1377:Wells Fargo Tower (Birmingham) 1092:Wells Fargo Insurance Services 834:Lazard Alternative Investments 805:Goldman Sachs Capital Partners 702:Baring Vostok Capital Partners 371: 357: 335: 223:Wachovia Capital Partners logo 206: 1: 1115:ABD Insurance & Financial 747:Court Square Capital Partners 382:. Charlotte Business Journal. 328: 1347:Wells Fargo Center (Seattle) 1276:Allspring Global Investments 866:Terra Firma Capital Partners 188:The firm, which is based in 57:First Union Capital Partners 7: 1367:Wells Fargo Plaza (Phoenix) 1362:Wells Fargo Plaza (Houston) 1357:Wells Fargo Plaza (El Paso) 1312:Wells Fargo Center (Denver) 906:William Blair & Company 511:Private equity in the 2000s 506:Private equity in the 1990s 501:Private equity in the 1980s 69:; 36 years ago 10: 1504: 1291:Tillie the All-Time Teller 1210:Garden State National Bank 846:Trilantic Capital Partners 252:Frederick (Eric) W. Eubank 199:The firm is named for the 1416: 1395: 1299: 1268: 1175:First Commerce Bancshares 1102: 1089:Wells Fargo Home Mortgage 1071: 1011: 1000: 981: 968: 917: 795:Madison Dearborn Partners 732:Trimaran Capital Partners 684:Ridgemont Equity Partners 664: 600: 562:High-net-worth individual 537:Corporate venture capital 519: 481: 445: 190:Charlotte, North Carolina 154: 131: 121: 109: 95: 86:Charlotte, North Carolina 81: 63: 59:Wachovia Capital Partners 53: 43: 33: 24: 1225:Halsey, Stuart & Co. 1180:First Interstate Bancorp 896:Norwest Venture Partners 876:Affinity Equity Partners 707:EQT Private Capital Asia 298:financial crisis of 2008 215:Spinout from Wells Fargo 1230:National Bank of Alaska 1190:First Pennsylvania Bank 911:Chicago Growth Partners 820:HPS Investment Partners 767:Diamond Castle Holdings 762:Avista Capital Partners 693:Barclays Private Equity 306:Norwest Equity Partners 283:middle-market companies 194:First Union Corporation 183:middle-market companies 1403:History of Wells Fargo 1307:One Wells Fargo Center 1120:Atlantic National Bank 1095:Wells Fargo Securities 567:Institutional investor 224: 159:www.pamlicocapital.com 1240:Prudential Securities 1220:Golden West Financial 1215:Georgia Railroad Bank 1205:Florida National Bank 1165:Evergreen Investments 1160:Crocker National Bank 1140:Bank of North America 1110:Abbot-Downing Company 1103:Historical components 1086:Wells Fargo Financial 610:Venture capital firms 592:Sovereign wealth fund 312:Pamlico Capital Funds 222: 1155:CoreStates Financial 1079:Wells Fargo Advisors 1064:Suzanne M. Vautrinot 752:CVC Capital Partners 722:Irving Place Capital 674:AAC Capital Partners 605:Private equity firms 1260:Wachovia Securities 825:One Equity Partners 659:(current and prior) 615:Portfolio companies 446:Investment strategy 123:Number of employees 21: 1387:Duke Energy Center 1043:Theodore F. Craver 1013:Board of directors 782:First Chicago Bank 727:CIBC World Markets 291:financial sponsors 287:equity co-investor 231:investment arm of 225: 19: 1460: 1459: 1352:Wells Fargo Place 1269:Former components 1135:Bank of Baltimore 1061:Ronald L. Sargent 928: 927: 886:Lightyear Capital 861:Nomura Securities 856:Metalmark Capital 777:MidOcean Partners 742:Metalmark Capital 623: 622: 572:Insurance company 399:(company website) 279:mezzanine capital 260:Tracey M. Chaffin 164: 163: 1495: 1448: 1436: 1435: 1424: 1423: 1083:Wells Fargo Bank 1055:Richard B. Payne 1040:Celeste A. Clark 1006: 955: 948: 941: 932: 931: 923: 842: 786: 650: 643: 636: 627: 626: 473:Leveraged buyout 440:investment firms 427: 420: 413: 404: 403: 384: 383: 375: 369: 368: 367:. 24 March 2010. 361: 355: 354: 352: 350: 339: 289:alongside other 275:leveraged buyout 256:L. Watts Hamrick 179:leveraged buyout 173:firm focused on 114: 104:Leveraged buyout 77: 75: 70: 29: 22: 18: 1503: 1502: 1498: 1497: 1496: 1494: 1493: 1492: 1463: 1462: 1461: 1456: 1412: 1391: 1295: 1286:Pamlico Capital 1264: 1130:Bache & Co. 1098: 1067: 1058:Juan A. Pujadas 1052:Maria R. Morris 1049:Donald M. James 1046:Wayne M. Hewett 1007: 998: 977: 964: 959: 929: 924: 915: 901:Pamlico Capital 840: 838:Lehman Brothers 784: 679:Bank of America 660: 654: 624: 619: 596: 577:Investment bank 532:Commercial bank 515: 477: 441: 438:venture capital 431: 397:Pamlico Capital 393: 388: 387: 376: 372: 363: 362: 358: 348: 346: 341: 340: 336: 331: 314: 281:investments in 217: 209: 181:investments in 167:Pamlico Capital 146: 141: 124: 110: 73: 71: 68: 58: 38:Private company 20:Pamlico Capital 17: 12: 11: 5: 1501: 1491: 1490: 1485: 1480: 1475: 1458: 1457: 1455: 1454: 1442: 1430: 1417: 1414: 1413: 1411: 1410: 1405: 1399: 1397: 1393: 1392: 1390: 1389: 1384: 1379: 1374: 1369: 1364: 1359: 1354: 1349: 1344: 1339: 1334: 1329: 1324: 1319: 1314: 1309: 1303: 1301: 1297: 1296: 1294: 1293: 1288: 1283: 1278: 1272: 1270: 1266: 1265: 1263: 1262: 1257: 1252: 1247: 1245:Southeast Bank 1242: 1237: 1232: 1227: 1222: 1217: 1212: 1207: 1202: 1197: 1195:First Security 1192: 1187: 1182: 1177: 1172: 1170:Fidelity Trust 1167: 1162: 1157: 1152: 1147: 1142: 1137: 1132: 1127: 1122: 1117: 1112: 1106: 1104: 1100: 1099: 1097: 1096: 1093: 1090: 1087: 1084: 1081: 1075: 1073: 1069: 1068: 1066: 1065: 1062: 1059: 1056: 1053: 1050: 1047: 1044: 1041: 1038: 1037:Mark A. Chancy 1035: 1030: 1024: 1021:Charles Scharf 1017: 1015: 1009: 1008: 1001: 999: 997: 996: 991: 985: 983: 979: 978: 976: 975: 969: 966: 965: 958: 957: 950: 943: 935: 926: 925: 918: 916: 914: 913: 908: 903: 898: 893: 888: 883: 878: 873: 868: 863: 858: 853: 851:Morgan Stanley 848: 843: 835: 832: 827: 822: 817: 812: 810:JPMorgan Chase 807: 802: 797: 792: 787: 779: 774: 769: 764: 759: 754: 749: 744: 739: 734: 729: 724: 719: 714: 712:GP Investments 709: 704: 699: 694: 691: 686: 681: 676: 671: 665: 662: 661: 653: 652: 645: 638: 630: 621: 620: 618: 617: 612: 607: 601: 598: 597: 595: 594: 589: 584: 579: 574: 569: 564: 559: 554: 549: 544: 539: 534: 529: 527:Angel investor 523: 521: 517: 516: 514: 513: 508: 503: 498: 493: 487: 485: 479: 478: 476: 475: 470: 465: 460: 455: 449: 447: 443: 442: 434:Private equity 430: 429: 422: 415: 407: 401: 400: 392: 391:External links 389: 386: 385: 370: 356: 333: 332: 330: 327: 313: 310: 271:growth capital 229:private equity 216: 213: 208: 205: 175:growth capital 171:private equity 162: 161: 156: 152: 151: 135: 129: 128: 125: 122: 119: 118: 115: 107: 106: 100:Growth capital 97: 93: 92: 83: 79: 78: 65: 61: 60: 55: 51: 50: 48:Private equity 45: 41: 40: 35: 31: 30: 15: 9: 6: 4: 3: 2: 1500: 1489: 1486: 1484: 1481: 1479: 1476: 1474: 1471: 1470: 1468: 1453: 1452: 1447: 1443: 1441: 1440: 1431: 1429: 1428: 1419: 1418: 1415: 1409: 1406: 1404: 1401: 1400: 1398: 1394: 1388: 1385: 1383: 1380: 1378: 1375: 1373: 1370: 1368: 1365: 1363: 1360: 1358: 1355: 1353: 1350: 1348: 1345: 1343: 1340: 1338: 1335: 1333: 1330: 1328: 1325: 1323: 1320: 1318: 1315: 1313: 1310: 1308: 1305: 1304: 1302: 1298: 1292: 1289: 1287: 1284: 1282: 1279: 1277: 1274: 1273: 1271: 1267: 1261: 1258: 1256: 1253: 1251: 1248: 1246: 1243: 1241: 1238: 1236: 1233: 1231: 1228: 1226: 1223: 1221: 1218: 1216: 1213: 1211: 1208: 1206: 1203: 1201: 1198: 1196: 1193: 1191: 1188: 1186: 1183: 1181: 1178: 1176: 1173: 1171: 1168: 1166: 1163: 1161: 1158: 1156: 1153: 1151: 1148: 1146: 1143: 1141: 1138: 1136: 1133: 1131: 1128: 1126: 1125:A. G. Edwards 1123: 1121: 1118: 1116: 1113: 1111: 1108: 1107: 1105: 1101: 1094: 1091: 1088: 1085: 1082: 1080: 1077: 1076: 1074: 1070: 1063: 1060: 1057: 1054: 1051: 1048: 1045: 1042: 1039: 1036: 1034: 1031: 1028: 1027:Charles Noski 1025: 1022: 1019: 1018: 1016: 1014: 1010: 1005: 995: 994:William Fargo 992: 990: 987: 986: 984: 980: 974: 971: 970: 967: 963: 956: 951: 949: 944: 942: 937: 936: 933: 922: 912: 909: 907: 904: 902: 899: 897: 894: 892: 889: 887: 884: 882: 879: 877: 874: 872: 869: 867: 864: 862: 859: 857: 854: 852: 849: 847: 844: 839: 836: 833: 831: 828: 826: 823: 821: 818: 816: 813: 811: 808: 806: 803: 801: 800:Goldman Sachs 798: 796: 793: 791: 788: 783: 780: 778: 775: 773: 772:Deutsche Bank 770: 768: 765: 763: 760: 758: 757:Credit Suisse 755: 753: 750: 748: 745: 743: 740: 738: 735: 733: 730: 728: 725: 723: 720: 718: 715: 713: 710: 708: 705: 703: 700: 698: 695: 692: 690: 687: 685: 682: 680: 677: 675: 672: 670: 667: 666: 663: 658: 651: 646: 644: 639: 637: 632: 631: 628: 616: 613: 611: 608: 606: 603: 602: 599: 593: 590: 588: 585: 583: 582:Merchant bank 580: 578: 575: 573: 570: 568: 565: 563: 560: 558: 557:Fund of funds 555: 553: 550: 548: 547:Family office 545: 543: 540: 538: 535: 533: 530: 528: 525: 524: 522: 518: 512: 509: 507: 504: 502: 499: 497: 494: 492: 489: 488: 486: 484: 480: 474: 471: 469: 466: 464: 461: 459: 456: 454: 451: 450: 448: 444: 439: 435: 428: 423: 421: 416: 414: 409: 408: 405: 398: 395: 394: 381: 374: 366: 360: 344: 338: 334: 326: 322: 318: 309: 307: 303: 299: 294: 292: 288: 284: 280: 276: 272: 267: 265: 261: 257: 253: 248: 246: 242: 238: 234: 230: 221: 212: 204: 202: 201:Pamlico Sound 197: 195: 191: 186: 184: 180: 176: 172: 168: 160: 157: 153: 149: 144: 139: 136: 134: 130: 126: 120: 117:$ 3.5 billion 116: 113: 108: 105: 101: 98: 94: 91: 90:United States 87: 84: 80: 66: 62: 56: 52: 49: 46: 42: 39: 36: 32: 28: 23: 1449: 1437: 1425: 1285: 1150:Century Bank 1033:Steven Black 900: 815:CCMP Capital 717:Bear Stearns 697:Barings Bank 587:Pension fund 542:Crowdfunding 373: 359: 347:. Retrieved 337: 323: 319: 315: 305: 295: 268: 249: 245:Scott Perper 226: 210: 198: 187: 166: 165: 112:Total assets 82:Headquarters 34:Company type 1478:Wells Fargo 1451:Wikiversity 1200:First Union 989:Henry Wells 962:Wells Fargo 891:Wells Fargo 468:Secondaries 302:Wells Fargo 296:During the 237:First Union 233:First Union 207:Investments 148:Wells Fargo 138:First Union 54:Predecessor 1467:Categories 1250:SouthTrust 1029:(chairman) 329:References 1300:Buildings 1281:H.D. Vest 1072:Divisions 841:(defunct) 785:(defunct) 737:Citigroup 552:Endowment 520:Investors 463:Mezzanine 266:to date. 250:In 2005, 1427:Category 1255:Wachovia 982:Founders 689:Barclays 669:ABN Amro 241:Wachovia 143:Wachovia 96:Products 44:Industry 1439:Commons 1396:History 1235:Norwest 973:History 483:History 453:Venture 349:22 June 155:Website 150:(prior) 145:(prior) 140:(prior) 72: ( 64:Founded 881:Capvis 830:Lazard 458:Growth 133:Parent 1023:(CEO) 790:GTCR 436:and 351:2012 277:and 264:firm 254:and 239:and 177:and 74:1988 67:1988 871:UBS 127:30+ 1469:: 293:. 273:, 102:, 88:, 954:e 947:t 940:v 649:e 642:t 635:v 426:e 419:t 412:v 353:. 76:)

Index

Pamlico Capital logo
Private company
Private equity
Charlotte, North Carolina
United States
Growth capital
Leveraged buyout
Total assets
Parent
First Union
Wachovia
Wells Fargo
www.pamlicocapital.com
private equity
growth capital
leveraged buyout
middle-market companies
Charlotte, North Carolina
First Union Corporation
Pamlico Sound

private equity
First Union
First Union
Wachovia
Scott Perper
Frederick (Eric) W. Eubank
L. Watts Hamrick
Tracey M. Chaffin
firm

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