Patrick Anderson

R. Patrick Anderson is a Senior Vice President at Argonne Capital Group, an Atlanta-based private equity firm founded in 2003. At Argonne he concentrates on new acquisitions and portfolio management — sourcing and executing deals and overseeing the firm's operating companies. His background is rooted in real estate finance rather than venture capital: before Argonne he was a financial analyst at RCG Ventures, where he supported acquisitions, dispositions, and refinancings.

Earlier in his career, Anderson worked as a financial analyst in CB Richard Ellis' (CBRE) Capital Markets group and as an underwriter for RBC Bank. At CBRE he performed due diligence and underwriting across retail, hospitality, office, industrial, multi-family, and mixed-use real estate assets throughout the U.S. and the Caribbean, and reportedly assisted in obtaining over $750 million in debt and equity financings. He graduated from the University of Georgia's Terry College of Business in 2004 with a B.A. in Real Estate and Management Information Systems.

An important clarification on the source data: while stub records tag Anderson as an "Angel Investor" writing "Seed Round" checks, that does not match the firm's actual mandate. Argonne Capital Group is a control-oriented middle-market private equity firm that has deployed more than $2 billion of equity since 2003 into recognizable consumer and franchise brands. It targets companies with $5M–$150M of EBITDA and invests up to roughly $300 million of equity per deal — a profile that is the opposite of early-stage angel/seed investing. Founders seeking pre-seed or seed capital are outside Argonne's scope.

• Control equity in established brands, not startups. Argonne pursues buyouts, corporate carve-outs, divestitures of closely-held family businesses, broken auctions, and public-to-private transactions.
• Scale: Equity checks up to ~$300 million per transaction; targets businesses generating ~$5M–$150M of EBITDA. The firm states it will even cover buy-side advisory fees.
• "Long-term investor with an indefinite hold period." Argonne is willing to take on undermanaged, complex, or troubled assets and operate them for the long run rather than flipping on a fixed fund clock.
• Sector concentration in franchised/consumer operating businesses: restaurants (it is the 4th-largest Applebee's franchisee and IHOP's master licensee for Florida/southern Georgia), fitness (a top Planet Fitness franchisee), retail ex-apparel, home and landscaping services, automotive repair and dealerships, and specialty/light manufacturing.
• What makes them say yes: operational upside in recognizable brands, franchise/multi-unit scalability, and situations where the seller values certainty and a durable long-term owner.