Falfurrias Growth Partners

Falfurrias Growth Partners is an operationally focused private equity firm investing in high-growth companies in the software and business services sectors. The firm employs a theme-based approach to identify uniquely differentiated businesses in durable growth markets. Their team comprises investors and proven operators, as well as in-house resources across strategy & market insights, finance/integration, and technology. The firm launched its dedicated growth buyout fund, Falfurrias Growth Partners I, in January 2023, raising $400 million in investor commitments. This fund focuses on growth-oriented, lower middle-market businesses in the software and business services sectors, targeting areas such as fintech, technology services, information services, marketing services, data & analytics, and vertical software. The firm's investment strategy is centered on building concentrated portfolios in carefully selected durable growth markets, leveraging its operational resources, relationships, and sector expertise to complement portfolio company executive teams in support of growth objectives. Falfurrias Growth Partners has a track record of successful investments, including a significant growth investment in Neighborly Software, a cloud-based technology platform for the administration and disbursement of government funds, and a growth investment in NPI, a provider of data-driven IT procurement solutions for large enterprises. The firm's approach combines deep operating experience with a focus on value creation within its portfolio, aiming to build market-leading businesses while being responsible stewards of the communities in which they invest.

Falfurrias Growth Partners is managed by Falfurrias Management Partners, a Charlotte-based private equity firm founded in 2006 by Hugh McColl Jr., former chairman and CEO of Bank of America; Marc Oken, former CFO of Bank of America; and Managing Partner Ed McMahan. The firm has raised approximately $3.6 billion in capital since its inception, investing in growing, middle-market businesses in sectors where its operational resources, relationships, and sector expertise can be employed to complement portfolio company executive teams in support of growth objectives. The firm's distinctive investment approach, centered on building concentrated portfolios in carefully selected durable growth markets, has led to industry-leading returns, as evidenced by its ranking within the top five small-cap buyout firms worldwide in the 2023 HEC Paris-Dow Jones report.

Falfurrias Growth Partners' investment philosophy emphasizes operational involvement and strategic guidance to drive growth and value creation. The firm's team construction and investment strategy have been instrumental in its success, enabling it to identify and partner with differentiated businesses in durable growth markets. This approach has been validated by the success of its fundraising efforts, including the oversubscribed closing of Falfurrias Capital Partners VI at $1.35 billion in March 2025. The firm's commitment to operational excellence and value creation continues to position it as a leading investor in the middle-market private equity space.