White Wolf Capital

Overview

White Wolf Capital is a private investment firm focused on making both direct and indirect investments in leading North American middle-market companies. The firm seeks private equity and private credit investment opportunities in companies with revenues between $20 million and $200 million and up to $20 million in EBITDA. Typical investment situations include management buyouts, leveraged buyouts, recapitalizations, and investments for growth. Preferred industries include manufacturing, business services, government services, information technology, security, aerospace, and defense. In addition to direct investments, White Wolf also invests with other private fund managers as a limited partner or financing partner, targeting North American-focused private credit and equity funds looking to raise $50 million to $500 million, with a focus on the lower-middle and middle-market. The firm has been recognized in the industry, including being named to Inc.'s 2025 List of Founder Friendly Investors. Recent transactions include the acquisition of HVAC Services by Seacoast Service Partners in November 2025, and the acquisition of Refrigeration Services in June 2025. The firm's investment philosophy emphasizes flexibility and long-term value creation, aiming to accelerate growth and scale businesses through a proven buy-and-build acquisition strategy. White Wolf Capital was established in late 2011 and has since been committed to operational improvements and growth, primarily using buy-and-build strategies. The firm offers flexible financing solutions and provides private market exposure through publicly traded ETFs, a unique feature among private equity firms.

Investment Focus

• Companies with revenues between $20 million and $200 million
• EBITDA up to $20 million
• Preferred industries: Manufacturing, Business Services, Government Services, Information Technology, Security, Aerospace, Defense
• Investment situations: Management buyouts, Leveraged buyouts, Recapitalizations, Investments for growth
• Targeted funds: North American-focused private credit and equity funds raising $50 million to $500 million, focusing on the lower-middle and middle-market

Portfolio Companies