Who We Are


Founded in 2003, we are a leading Austin, Texas-based private equity firm with over $200 million in management through two funds specializing in growth, recapitalization and buyout financings of small middle-market companies.

Investment Criteria



$10-20M investment with ability to scale up

Flexible Capital, Majority/Minority Equity, Mezzanine Debt

Founder/Family Focused

Why Blue Sage


We know businesses require more than just capital to succeed. We formed Blue Sage Capital to invest alongside management in proven, growing, small middle-market companies.


We partner with managers whom we like, trust and admire and whose interests align with our own. Through our investments, we enable current company owners to meet their needs for capital, liquidity and diversification.


We believe that private equity is a relationship business, not a transactional one. We strive to treat everyone, including our managers, intermediaries and service providers, like partners.


We know that earnings growth is the most important factor in a successful investment. We provide our partner companies with the capital, guidance, strategy, and operational support needed to create additional value.


Acting with integrity is the fundamental principle guiding all of our actions.

Reputation & Track Record

Prior to founding Blue Sage, our partners established a superior track record. Since 2003, we have continued to generate top-decile returns to our investors.

Recent News


AUSTIN, Texas – Blue Sage Capital, an Austin, Texas-based private investment firm, is pleased to announce the additions of Jonathan Kaskow and Alan Mire to its team.


AUSTIN, Texas – Lower middle-market private equity firm Blue Sage Capital is pleased to announce its partnership with John Gustafson and Trailcreek Capital Group in the formation of Frontier Waste Holdings. Headquartered in Dallas, Texas, Frontier is a provider of municipal solid waste services to the municipal, residential, commercial and industrial markets. The initial Frontier platform includes the acquisitions of Access Disposal...


AUSTIN, Texas - Despite an unpredictable political climate in 2016, Blue Sage enjoyed an active and productive year. We trained our focus on identifying compelling investment opportunities, building value alongside our operating partners, and evolving our team to generate top quartile risk-adjusted returns for our investors.