Culbro, LLC

Overview

Culbro, LLC is a private equity investment firm established by the Cullman family, focusing on middle-market companies across diverse industries. The firm seeks equity investments ranging from $5 million to $50 million, targeting companies with revenues between $10 million and $100 million and EBITDA between $1 million and $10 million. Culbro invests on both control and minority bases, emphasizing strong management teams, loyal customer relationships, and sustainable competitive advantages. Geographically, Culbro concentrates on North America and India, with a significant private equity presence in India. The firm's investment strategy includes sectors such as branded consumer products, healthcare services, education products and services, and outsourced services, including IT. Culbro's approach is long-term, with capital sources that do not expire, allowing for flexible investment horizons. Culbro's portfolio includes companies like Citizens Pet Products, G Fuel, Dentzz, TDBBS, and LearningMate Solutions. The firm has a history of partnering with management teams to drive long-term value, with a focus on companies in transition and owned by first-generation entrepreneurs who maintain significant ownership post-transaction. Culbro's team comprises individuals with backgrounds in consumer products, distribution, banking, real estate, and IT, working collaboratively with portfolio management on strategic initiatives without seeking to manage the companies directly.

Investment Focus

• Strong and credible management teams
• Loyal customer relationships
• Sustainable competitive advantages
• Revenue of $10-100 million
• EBITDA of $1-10 million

Portfolio Companies