Harvest Partners Structured Capital

Harvest Partners Structured Capital is the non-control structured equity strategy of Harvest Partners, a middle-market private equity firm. It provides flexible capital to market-leading North American businesses with recurring revenue and strong free cash flow in large, growing end markets. As of September 30, 2026, the strategy had invested $6.9B together with co-investors across 59 investments from three funds, the most recent being the $1.28 billion Harvest Partners Structured Capital Fund III. It targets businesses with revenue of $100M to $2B, EBITDA of $25M to $300M and enterprise values of $300M to $3B, typically investing $50 million to $400 million per transaction. Its instruments include payment-in-kind (PIK) preferred equity or holding-company notes, convertible preferred equity, and common equity and warrants. The strategy invests across business services and industrials, commercial services, consumer services, and healthcare services. Its investment activities include platform capital that supplements senior debt in buyouts, acquisition financing for transformative or tuck-in deals, minority recapitalizations that give owners partial liquidity while they keep control, and custom capital for ongoing add-on acquisition programs. It works for both private equity sponsors and founder-owned companies. Harvest Structured Capital applies the same sector-focused research and careful company selection as Harvest’s buyout funds. It partners with top-performing sponsors and management teams to fund inorganic growth with capital that dilutes owners less than common equity would. The strategy was launched in 2014, and Harvest Partners is headquartered in New York, New York, United States.