Pamlico Capital

Pamlico Capital
Company typePrivate company
IndustryPrivate equity
PredecessorFirst Union Capital Partners
Wachovia Capital Partners
Founded1988; 36 years ago (1988)
HeadquartersCharlotte, North Carolina, United States
ProductsGrowth capital, Leveraged buyout
Total assets$3.5 billion
Number of employees
30+
ParentFirst Union (prior)
Wachovia (prior)
Wells Fargo (prior)
Websitewww.pamlicocapital.com

Pamlico Capital, which was formerly called First Union Capital Partners and then Wachovia Capital Partners, is an independent private equity firm focused on growth capital and leveraged buyout investments in middle-market companies in the business services, technology services, telecommunications and healthcare industries.

The firm, which is based in Charlotte, North Carolina, was founded in 1988 as the private equity investment arm of First Union Corporation. The firm has invested approximately $3.8 billion in more than 200 companies since inception across two funds.

The firm is named for the Pamlico Sound, which is located in North Carolina.