Who We Are

First State Trading is a global investment platform built on the principles of disciplined execution, analytical rigor, and long-term alignment.

Our Mission

We strive to create sustainable value by partnering with companies poised for growth and equipping them with the resources, strategy, and support necessary to thrive.

Our Model

Our home office is a central hub for strategy, governance, and portfolio leadership

  • Global Satellite Teams: located in major financial centers, providing local insight and on-the-ground expertise

  • Collaborative Approach: private, agile decision-making supported by institutional-quality research and analysis

Our structure enables us to combine confidentiality and precision with the comprehensive capabilities of a global firm.

Investment Focus

We specialize in lower-middle-market businesses generating $5M–$50M in EBITDA.

This is where we believe our strategic involvement can materially influence scale, operations, and value creation.

Why Companies Partner With Us

  • Proven ability to unlock operational improvements

  • Long-term, partnership-driven investment philosophy

  • Track record of disciplined capital deployment

  • Access to global resources and sector specialists

Our Vision

To build enduring businesses by aligning with exceptional management teams and providing more than just capital—we provide partnership, strategy, and accountability.