Cherington Capital LLC

Overview

Cherington Capital LLC is a private equity firm specializing in investments in the energy and industrial sectors. The firm focuses on recapitalizations and leveraged buyouts of lower middle-market companies, typically valuing businesses between $10 million and $70 million with trailing EBIT of $2.5 to $15 million. Cherington Capital prefers to partner with management when making investments. The firm's investment strategy encompasses a wide range of industries, including aerospace, beverages, business services, consumer products, consumer services, defense, distribution, education, electrical equipment, electronics, energy services and equipment, financial services, food, healthcare services, information technology, internet software and services, life science, medical products, oil and gas exploration, packaging, software, and technology hardware. Cherington Capital's geographical focus is primarily within the United States. Cherington Capital's track record includes notable exits, such as the sale of Ulterra Drilling Technologies LP in 2012 for $325 million. The firm's investment philosophy centers on partnering with management teams to drive growth and operational improvements, aiming to create value through strategic guidance and financial support.