Company type | Private company |
---|---|
Industry | Private equity |
Predecessor | First Union Capital Partners Wachovia Capital Partners |
Founded | 1988 |
Headquarters | Charlotte, North Carolina, United States |
Products | Growth capital, Leveraged buyout |
Total assets | $3.5 billion |
Number of employees | 30+ |
Parent | First Union (prior) Wachovia (prior) Wells Fargo (prior) |
Website | www.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.