Home Services • 2025
Geothermal & HVAC
Established in the early 2000s, a residential geothermal and HVAC business in the Northeast focused on new installs and service.
Where our capital goes.
We invest alongside independent sponsors and acquisition entrepreneurs in established lower middle market businesses across the United States.
Fund I
$10M
Fund I, launched 2025
$1–5M
Target EBITDA per business
05
Deals closed to date
Investments
Where the capital has gone.
Five businesses across home services, logistics, and healthcare. Each was acquired by an acquisition entrepreneur we backed with minority equity.
Home Services • 2025
Painting Contractor
A recession-resistant painting company serving mainly residential and commercial properties in a Colorado mountain town and the surrounding area.
Home Services • 2025
Residential Roofing
A residential roofing contractor serving Florida, installing and repairing asphalt shingle, metal, tile, and wood shake roofs.
Logistics • 2026
Freight & Storage
A transportation and storage provider operating across the Southwestern U.S. with integrated full truckload, less-than-truckload, cross-docking, and final-mile service.
Healthcare • 2026
Home Health & Hospice
A prominent franchisee offering Medicare-certified skilled home healthcare and hospice services including nursing, physical therapy, and occupational therapy.
Portfolio Construction
How we size a position.
We do not write the same check into every deal. We size each investment to the opportunity depending on size, risk, growth potential and portfolio overlap.
-
Sizing
Sized to the deal
Company size, risk profile, and growth potential set the check.
-
Conviction
Anchor positions
A few investments per fund where we take a larger position and a more involved role: a board seat, regular advising, and closer contact with the sponsor and operator.
-
Spread
Diversified by industry
We are industry agnostic and build across sectors, which keeps the portfolio from concentrating in any single end market.
Looking for equity on a deal?
We are actively deploying Fund I. Send us the opportunity.