Top Private Equity Firms in Michigan
Explore Michigan’s top private equity firms fostering growth in manufacturing, healthcare, and technology. Learn about their strategies, notable investments, and contributions to the local economy.
Michigan, known for its rich industrial history and innovation, is home to some of the top private equity (PE) firms in the United States. These firms play a pivotal role in driving growth across industries like manufacturing, healthcare, and technology.
In this article, we’ll explore the top Michigan private equity firms in 2024, their investment strategies, and their contributions to the local economy.
Huron Capital
Founded in 1999, Huron Capital is a Detroit-based private equity firm specializing in lower middle-market companies. The firm focuses on industries such as business services, healthcare, and consumer goods.
Huron Capital is known for its proprietary ExecFactor® strategy, which involves partnering with experienced executives to acquire and grow companies.
A notable investment includes its work with Homewatch CareGivers, a provider of home care services, which expanded significantly under Huron’s guidance.
Peninsula Capital Partners
Peninsula Capital Partners, headquartered in Southfield, Michigan, focuses on providing structured junior capital solutions to middle-market businesses across various industries, including manufacturing, distribution, and healthcare.
Since its inception in 1995, the firm has raised approximately $2.3 billion across eight partnerships and closed nearly 150 platform transactions.
A notable investment includes their partnership with L.A.T Sportswear, a designer and distributor of textile products, where Peninsula Capital facilitated a recapitalization and management buyout to drive growth.
Plymouth Growth
Plymouth Growth, based in Ann Arbor, Michigan, is a private equity firm specializing in growth-stage technology companies. The firm focuses on businesses with proven models and strong teams that are ready to scale, providing both capital and strategic guidance to drive sustainable growth.
One of their notable investments is in Advaita Bioinformatics, a company that develops bioinformatics data analysis tools.
Plymouth Growth's involvement has enabled Advaita to expand its product offerings and market reach, demonstrating the firm's ability to foster innovation and support the growth of technology-driven companies.
Auxo Investment Partners
Auxo Investment Partners, headquartered in Grand Rapids, Michigan, invests in family-owned and founder-led businesses within the lower middle market. The firm emphasizes long-term partnerships and operational excellence, aiming to instill the infrastructure, processes, and talent needed to help companies reach their full potential.
A notable investment is their acquisition of Atlas Die LLC, a leading manufacturer of cutting dies. Auxo supported Atlas Die in enhancing operational efficiency and scaling production capabilities, demonstrating their commitment to preserving company culture while driving growth.
Oakland Standard Co.
Oakland Standard Co. is a private equity company based in Birmingham, Michigan, is a private equity firm specializing in investments in lower middle-market industrial businesses. The firm focuses on partnering with management teams that seek more than just capital, providing operational and strategic support to build strong companies over the long term.
A notable investment by Oakland Standard Co. is the formation of The Lawton Standard Co., a collection of foundries committed to advancing the industry. This platform specializes in high-alloy and complex metallurgical castings, aiming to bring manufacturing back onshore and positively impact the community.
Oakland Standard Co.'s commitment to operational excellence and strategic growth underscores its significant role in Michigan's private equity landscape.
Rockbridge Growth Equity
Rockbridge Growth Equity, headquartered in Detroit, Michigan, is a private equity firm that invests in growth-oriented companies across various sectors, including digital media, technology-enabled services, financial services, and consumer services. The firm focuses on partnering with founder-led businesses to help them grow and scale.
A notable investment by Rockbridge Growth Equity is their partnership with Vici Media Inc., a marketing technology company that provides white-label digital marketing and advertising solutions to small and medium-sized businesses.
Strength Capital Partners
Strength Capital Partners, founded in 2000 and headquartered in Birmingham, Michigan, is a private equity firm specializing in investments in lower middle-market companies. The firm focuses on industries such as manufacturing, distribution, infrastructure, and industrial services, targeting businesses with EBITDA ranging from $3 million to $20 million.
A notable investment by Strength Capital Partners is their acquisition of ARCH Global Precision, a diversified manufacturing platform. Under their ownership, ARCH expanded significantly through strategic acquisitions and organic growth, culminating in its sale to The Jordan Company in 2019.
O2 Investment Partners
O2 Investment Partners, established in 2010 and based in Bloomfield Hills, Michigan, is a private equity firm that acquires majority interests in lower middle-market businesses. The firm focuses on B2B services, technology, and select niche industrial companies, partnering with management teams to drive growth and create shareholder value.
A notable investment by O2 Investment Partners is their partnership with Vessco Holdings, a leading supplier of water and wastewater treatment technology. Under O2's ownership, Vessco expanded its geographic footprint and service offerings, enhancing its position in the market.
Let’s Recap
Michigan’s private equity firms play a crucial role in fostering economic growth and innovation across diverse industries. These firms stand out for their strategic investments, operational expertise, and ability to create long-term value.
If you’re a business owner or entrepreneur looking to scale your company, connecting with the right private equity partner is essential. Private Equity List makes it easy to identify the best investors for your business.
Sign up for free today to take the first step toward achieving your business goals.
Read More
- Top Private Equity Firms: Ultimate Guide
- What Are Private Equity Investors? A Quick Guide
- Find Private Investors for Startups: Your Guide to Success
- Private Equity Deal Sourcing Strategies: Expert Advice
About Private Equity List
Private Equity List is a top choice for finding investment opportunities in new markets. It's a straightforward and detailed site for people looking for private equity, venture capital, and angel investors. You don't have to sign up or subscribe to use it.
With global perspective (incl. US, EU and UK) and special focus on regions like the Middle East, Africa, Pan-Asia, and Central and Eastern Europe, Private Equity List provides vital info on investors, such as how much they invest, what regions and industries they're interested in, and how to contact key team members. This means you get everything you need to find, check out, and reach out to potential investors for your project. We also pay attention to early stage founders.
Our team, experienced in financial services and committed to helping businesses and entrepreneurs, keeps adding around 300 new companies to our database every month. This effort has made us a reliable source for anyone looking to find investment in markets that don't get enough attention. Check out Private Equity List to begin searching for investors.
Frequently Asked Questions
What industries do Michigan private equity firms target?
Michigan private equity firms focus on industries like manufacturing, healthcare, technology, and consumer goods.
How do private equity firms in Michigan drive economic growth?
These firms provide capital, strategic guidance, and operational expertise, helping businesses scale and create jobs in the local economy.
Are there private equity firms in Michigan focused on small businesses?
Yes, firms like Auxo Investment Partners specialize in lower middle-market and family-owned businesses.
Can technology companies in Michigan attract private equity investment?
Absolutely. Firms like Plymouth Growth focus specifically on technology and software companies ready to scale.
How can I connect with private equity firms in Michigan?
Platforms like Private Equity List help you filter and connect with private equity firms based on location, industry, and investment criteria.