Ballast Point Ventures

Ballast Point Ventures (BPV) is a private equity firm headquartered in St. Petersburg, Florida, specializing in growth equity investments. The firm primarily targets established, privately owned companies, focusing on those with a proven track record of profitability and strong growth prospects. BPV positions itself as a long-term partner, providing capital and strategic guidance to help companies scale and achieve their full potential, rather than focusing on early-stage or traditional venture capital investments.

The firm's investment strategy is sector-agnostic but shows a clear preference for industries such as healthcare, software, tech-enabled services, and business services. Geographically, BPV concentrates its efforts on companies located in the Southeast United States and Texas, leveraging its regional expertise and network. They seek out businesses with robust management teams, defensible market positions, and significant opportunities for expansion, often through organic growth initiatives or strategic acquisitions.

Ballast Point Ventures typically deploys between $5 million and $25 million in equity capital for each initial investment. This range allows them to support a variety of growth initiatives, from funding expansion plans to facilitating shareholder liquidity. The firm manages significant capital across multiple funds, with their most recent fund, Ballast Point Ventures IV, successfully closing at $250 million in 2019, demonstrating continued investor confidence in their investment approach and track record.

BPV's approach emphasizes a collaborative partnership with portfolio companies, providing operational support and strategic insights without interfering with day-to-day management. They aim to build strong relationships with founders and management teams, working together to navigate growth challenges and capitalize on market opportunities. This hands-on yet respectful partnership model is central to their philosophy, contributing to the long-term success of their investments.