PE  Candescent Partners

     Office Locations:

2 Oliver Street, 10th Floor
Boston, MA 02109



  • Middle Market



  • Business Services
  • Consumer Products & Services
  • Life Sciences & Healthcare
  • Software & Internet



    Founded in 2009, Candescent Partners is a private equity firm that invests in the acquisition, growth and recapitalization of lower middle market companies in healthcare services, business services, software and consumer products and services. The firm targets companies with annual revenues of $10 to $50 million, with EBITDA of $2 million or more. Candescent makes investments of $2 million to $30 million in companies with enterprise values of $15 million to $75 million. The founders of Candescent Partners have originated, structured and managed in excess of $850 million of private equity investments in 48 private growth companies.



      Fund Name



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    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Alexander (Sandy) McGrath Managing Partner
    Stephen A. Sahlman Partner
    Stephen M. Jenks Managing Partner


    Portfolio companies include:


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