Pillsman Partners LLC

Overview

Pillsman Partners LLC is a private investment firm specializing in direct investments in established, small to lower-middle market businesses. The firm focuses on companies with $2 to $15 million in EBITDA, stable cash flows, and strong organic growth potential. Their partners have extensive experience in finance, operations, and corporate development across a wide range of industries, including business services, technology, light manufacturing, chemicals, and materials. The firm's investment strategy involves pursuing control positions in companies with revenues between $5 and $100 million and EBITDA between $2 and $15 million. They seek businesses with stable cash flows and strong organic growth potential, particularly in sectors with fragmented competitive dynamics and high customer switching costs. Pillsman Partners emphasizes a hands-on approach, collaborating closely with management teams to identify actionable opportunities and specific growth levers. Pillsman Partners has a history of successful investments, including the acquisition of Bristol ID Technologies, a leading manufacturer of technology-driven custom cards, which acquired Plastic Resource Inc. in June 2019. This acquisition expanded Bristol ID's capabilities in producing PVC and Teslin cards in smaller runs, complementing their existing Duracard business. The firm's approach is focused on maintaining a creative and flexible approach to all opportunities, striving to create win-win scenarios for all constituents, including owners and managers, investors, and capital partners.

Investment Focus

• Stable cash flows
• Strong organic growth potential
• Established businesses with $2 to $15 million in EBITDA

Portfolio Companies