Fund profile / United States

Eagle Merchant Partners Fund II

Geography: United States
Stage: Late Stage
Fund size: $415M
Focus: SaaS
Signals: Published

N°01 / About

About Eagle Merchant Partners Fund II

Eagle Merchant Partners Fund II is a venture capital firm based in United States, focusing on Late Stage stage investments. The fund actively supports founders building innovative solutions in SaaS, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionUnited States

Funding StageLate Stage

Industry Focus

SaaS

Investor Signals Profile

active

Sweet Spot

Franchise platform operators scaling via acquisitions

boutique fitness

franchisee rollup

regional expansion

platform building

multi-market density

Bullish Signals

Portfolio co at 55 studios, expandingexternal

Active add-on M&A in portfolioexternal

Aligned crosses Southeast → Mid-Atlanticlinkedin

Club Pilates add-on: 6 studios acquiredlinkedin

Columbus OH entry: new metro marketlinkedin

Aligned 61 studios: NJ entry via 6-studio Club Pilates rollexternal

High-performing acquisitions: pilates category strength signalexternal

Aligned Fitness 61 studios, central NJ expansion confirmedeagle_merchant_partners_linkedin

NJ entry validates multi-state platform playbookeagle_merchant_partners_linkedin

Aligned 61 studios: Northeast expansion momentum acceleratingeagle_merchant_partners_linkedin

Contrarian Signals

Niche focus: boutique fitness onlyexternal

Founder Do's

Show operator quality & unit economics

Have regional density strategy ready

Demonstrate franchise/platform scalability

Highlight multi-market geographic expansion potential

Show best-in-class operator credentials

Founder Don'ts

Avoid single-location, no rollup angle

Don't pitch without M&A thesis

Don't pitch single-region only plays

19 signals on Eagle Merchant Partners Fund II

10 bullish · 1 contrarian · 5 pitch do's · 3 don'ts, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size$415M

Saves0

Website

People

Key People

Drew Foster, Stockton Croft, Bill Lundstrom

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