Founded in 2003, the Austin-based firm manages over $250 million through two funds and focuses on growth, recapitalization, and buyout financings of smaller middle-market companies with $5 million to $10 million of EBITDA and $25 million to $100 million of revenue at the time of investment. Blue Sage Capital prefers to invest in established, profitable companies with leadership in their niche and has extensive experience transitioning founder-run businesses.