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Buyout PE

Black Diamond Capital Management

Black Diamond Capital Management acquires controlling stakes in established, profitable businesses, from London, [Country]. It states a focus on agriculture, construction, consumer & retail and education.

Capital raised$2macross 1 SEC-filed vehicle
Most recent fund2009
HeadquartersLondon, [Country]
Stated cheque size$11B

Stated investment criteria

What Black Diamond Capital Management says it buys

Read from Black Diamond Capital Management’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

Enterprise value it states$100m to $1bn1
EBITDA it states$20m to $100m1
Transaction typesDistressed, Carve-out1
Founded19951
OfficesDallas1

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. Black Diamond Capital Management states that it takes minority stakes rather than control. Nothing here is a commitment by Black Diamond Capital Management to consider any particular business, and nothing on this page is represented as being for sale.

SEC filings

What Black Diamond Capital Management has raised

From this firm's own Form D filings. A fund files one within fifteen days of its first sale, under penalty of perjury, which makes these the hardest numbers on the page.

Vehicles filed1
Total capital raised$2m
Largest single vehicle$2m
Filing history2009
Smallest accepted commitment$500k
Filed fromNEW JERSEY

Form D covers US-domiciled vehicles raised from accredited investors. It will not capture a fund raised outside the United States, separately managed accounts, or capital deployed off balance sheet, so treat these as a floor rather than a total.

Regulatory record

How Black Diamond Capital Management is registered

From this firm's Form ADV, the annual filing every registered and exempt investment adviser makes to the SEC.

Adviser statusSEC registered
Regulatory assets under management$11bn
Employees100
Private funds advised33 · $12bn gross
SEC adviser numberCRD 154495

Valuation context

Transaction values in Agriculture

What companies have actually sold for in agriculture, across 53 recorded transactions.

Median consideration$75m
Middle 50%$35m-$158m
Revenue multiple0.7×
EBITDA multiple6.85×

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Comparable investors

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