3 Rivers Capital

3 Rivers Capital, LLC is a private equity firm based in Pittsburgh, Pennsylvania, that specializes in control buyouts and equity recapitalizations of small, family-owned, and entrepreneur-led businesses. Established in 2005, the firm targets niche manufacturing, specialty service sectors, healthcare, energy, and business-to-business industries within the Mid-West and Mid-Atlantic regions of the United States. 3 Rivers Capital typically invests in companies with revenues up to $50 million and an EBITDA range of $4 million to $10 million, aiming to enhance value and achieve a target EBITDA of $10 million. The firm prefers to acquire a majority stake and seeks to invest in companies with strong growth potential and EBITDA margins of 15 percent or greater.

Dale A. Buckwalter

Co-Founder and Partner

Robert Carskadden

Partner

Nick Conti

Vice President

Ted Gwara

Associate

Dalton Potts

Vice President

Michael Zhong

Partner

4 past transactions

Anticancer Bioscience

Seed Round in 2021
Anticancer Bioscience is an international private company that specializes in precision oncology, leveraging discoveries from leading cancer research in China at the J. Michael Bishop Institute of Cancer Research. The company employs synthetic lethal approaches to develop targeted cancer therapies, focusing on innovative libraries and platforms in cancer biology. By exploring novel mechanisms to induce cancer cell death while preserving healthy cells, Anticancer Bioscience aims to create breakthrough precision cancer therapies that are both safer and more effective.

Aptus Group

Acquisition in 2019
Aptus Group provides transportation, energy, electrical, mechanical, and fiber optic cable and broadband connectivity services. The company synergistic services include design, engineering, material procurement, and construction Services. They install water piping, gas piping, telecommunications duct, and specialize in the installation of deck drainage in ductile iron, PVC, fiberglass, and steel. Aptus Group also provides customized solutions for a range of markets from roads and bridges to tunnels and rail, from natural gas pipelines to municipal water systems. It works with companies, governments, and municipalities to design, furnish, install, and maintain the nation’s utility infrastructure. Aptus Group was founded in 2000 and is headquartered in Charlotte, NC, USA.

Interlight

Acquisition in 2019
Interlight is a family-owned and operated online distributor of specialty and replacement products with a focus on rare, hard-to-find light bulbs and batteries.
Amazing Care Home Health Services is dedicated to providing comprehensive home health care tailored to the needs of both adult and pediatric patients. The company offers a range of services, including private duty nursing, skilled nursing, therapy, and certified nursing assistant (CNA) services. By delivering these essential healthcare services in the comfort of patients' homes, Amazing Care aims to ensure that every child and adult receives the support they need to maintain their health and safety.
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