KVLR Capital partners with founder-led companies in the U.S. lower middle market. Healthcare is our core sector, where we back founder-led and physician-owned companies, and we are expanding into critical infrastructure and technologies with social impact. This page explains what we look for, how our process works, and what founders get from a partnership. If your company is approaching these thresholds, we still encourage you to reach out.
Download our partnership criteria (PDF)
What we look for
- EBITDA of $1M or more, including market-rate compensation for owners and employees
- EBITDA margins of 15% or higher
- 5 or more years in operation
- A founder or owner who plans to stay with the company for 5 to 7 years after the transaction
- No pending litigation or compliance issues
Our sectors
- Healthcare: specialty physician practices (such as rheumatology, gastroenterology and endocrinology), infusion providers and healthcare services companies
- Critical infrastructure: power and reliability services for data centers, hospitals and other essential facilities, such as UPS and generator service
- Technologies with social impact: established technology companies whose products create measurable social benefit. We do not make early-stage (Series A/B) investments.
What founders get
- Capital to grow, with the founder continuing to lead the company
- A board of healthcare operators and physicians, including leaders from Rothman Institute, Sun River Health, VNS of New York and Summit Medical Group
- Hands-on operating support, including, for healthcare companies, our MSO: infusion buildouts, AI voice agents for patient scheduling, insurance verification and prior authorization, capital advisory and operational turnarounds
Frequently asked questions
What size company does KVLR invest in?
Companies with $1M+ EBITDA and 15%+ margins that have been operating for five or more years.
Do founders stay involved after the deal?
Yes. We look for founders who plan to stay 5 to 7 years and keep leading the business.
Which sectors does KVLR invest in?
Healthcare (specialty practices, infusion providers and healthcare services), critical infrastructure (power and reliability services for data centers, hospitals and other essential facilities) and technologies with social impact.
Does KVLR invest in startups?
No. We partner with established, profitable businesses and don’t make Series A/B investments.
How do I start a conversation?
Email partnership@kvlrcapital.com.