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Find Your
True North

424 Capital partners with founder-led B2B services companies in the lower middle market primarily across healthcare and energy transition – supporting growth and scale.

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Navigating success together

For centuries, navigators relied on fixed stars to stay oriented when conditions were uncertain. Among them, the North Star held its place – a constant reference point when everything else was in motion.

That idea shapes how we partner: clear priorities, steady support, and thoughtful decisions as businesses grow.

Making a positive impact

Our investments improve healthcare outcomes and support electrification & energy transition delivering strong returns alongside measurable real-world impact.

Healthcare Services

We are proud of the measurable positive impact our companies deliver by expanding access, accelerating therapeutic innovation and development, and improving reliability.

Healthcare

Energy Transition

We invest where performance and reliability matter – including optimizing the performance of clean energy and water infrastructure and improving energy efficiency at large-scale commercial sites.

Energy & Water