PE  Sage Capital

     Office Locations:

8000 Maryland Ave., Suite 1200
Saint Louis, MO 63105
Phone: 314-754-1118



  • Middle Market



  • Business Services
  • Manufacturing & Industrial
  • Transportation & Distribution



    Formed in early 2004, Sage Capital is a St. Louis based private equity firm providing equity and mezzanine capital to lower middle market businesses in North America. The firm is particularly active between the Appalachian and Rocky Mountains. The firm targets companies with EBITDA typically between $2 million and $7 million. The preferred investment amount is $2 - $15 million per transaction. Sage targets established businesses; no start-ups. Sage considers opportunities involving acquisitions, minority investments, growth capital, and mezzanine capital. Indicative areas of interest: Differentiated manufacturers (niche markets, unique products or processes); Branded industrial or consumer products; Recurring-revenue service businesses; Professional services; and High-value distribution businesses. Areas of limited appeal include: Biotech, Manufacturers of commodity products, Government contractors, Construction services, Real estate, and Gaming. While not a requirement, the firm has a preference for investments that have the potential to last a long time �€" i.e. more than 10 years.

    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.
    Anna Boll Analyst
    John W. Lemkemeier Co-founder
    Max Mehaffy Analyst
    Spencer Finney Partner
    Wesley McAfee Jones Co-founder


    Portfolio companies include:


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