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Growth Equity

Wave Equity

Wave Equity takes minority stakes in growing companies, usually without full control, from Boston, MA, United States. It states a focus on industrials & manufacturing, energy & utilities, materials & chemicals and environmental & safety.

Disclosed holdings
Earliest stated investment
HeadquartersBoston, MA, United States
Largest single fundNot stated

Stated investment criteria

What Wave Equity says it buys

Read from Wave Equity’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.

Transaction typesGrowth1

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. Nothing here is a commitment by Wave Equity to consider any particular business, and nothing on this page is represented as being for sale.

Regulatory record

How Wave Equity 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$564m
Employees9
Private funds advised17 · $564m gross
SEC adviser numberCRD 170642

Valuation context

Transaction values in Industrials & Manufacturing

What companies have actually sold for in industrials & manufacturing, across 1,298 recorded transactions.

Median consideration$110m
Middle 50%$32m-$303m
Revenue multiple1.2×
EBITDA multiple8.05×

The full industrials & manufacturing picture - most active acquirers, recent transactions and every investor in the sector.

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For investors

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Comparable investors

Similar mandates

Other growth equity investors active in industrials & manufacturing.