Backcast Partners

Backcast Partners, LLC is a private equity firm founded in 2016, with offices in Millburn, New Jersey, Los Angeles, California, and New York City. The firm specializes in providing customized capital solutions to middle-market companies across the United States. It focuses on acquisitions, buyouts, growth investments, recapitalization, and direct investment in both debt and equity. Backcast Partners typically targets companies with EBITDA between $10 million and $50 million and invests amounts ranging from $10 million to $100 million. The firm has extensive experience in supporting traditional middle-market businesses and operates as a Registered Investment Adviser.

Edward Cerny

Co-Founder and Managing Partner

Mark Gudis

Managing Partner, Head of Sourcing and Transaction Development

15 past transactions

Dominion Packaging

Debt Financing in 2025
Dominion Packaging is a manufacturer specializing in folding carton products for various industries, including tobacco, beverage, and food markets. The company offers a diverse range of packaging services, producing essential items such as fry scoops, clamshells, and specialty boxes for quick service restaurants. Additionally, Dominion Packaging provides comprehensive beverage packaging solutions, including flip-tops and cartons, and caters to the promotional packaging needs of both traditional and electronic cigarette products, as well as the chewing gum industry. The company is committed to maintaining high standards of customer service throughout its operations.

Dominion Packaging

Private Equity Round in 2025
Dominion Packaging is a manufacturer specializing in folding carton products for various industries, including tobacco, beverage, and food markets. The company offers a diverse range of packaging services, producing essential items such as fry scoops, clamshells, and specialty boxes for quick service restaurants. Additionally, Dominion Packaging provides comprehensive beverage packaging solutions, including flip-tops and cartons, and caters to the promotional packaging needs of both traditional and electronic cigarette products, as well as the chewing gum industry. The company is committed to maintaining high standards of customer service throughout its operations.

The M&R Companies

Debt Financing in 2025
The M&R Companies is a manufacturer of screen printing equipment catering to the global apparel and textile printing industry. The company provides a range of products, including manual and automatic entry-level and mid-range screen printing presses, as well as a high-volume belt printing press designed for cut-piece and edge-to-edge all-over screen printing. Their equipment supports a diverse clientele, from startups to large contract printers serving major apparel brands, thereby addressing the needs of businesses at various stages of development.

World Water Works

Private Equity Round in 2024
World Water Works is an innovative company in the wastewater treatment sector, established in 1998 and headquartered in Oklahoma City, Oklahoma. The company specializes in providing solutions for both industrial and municipal clients, focusing on the effective treatment of wastewater to generate clean water. Their services include the removal of suspended solids, fats, oils, greases, and non-soluble organics through a patented process that involves dissolving air into water under pressure. By offering these advanced treatment options, World Water Works enables its customers to improve performance, recover valuable resources, and achieve cost savings.

The Alaska Club

Debt Financing in 2024
The Alaska Club, Inc. operates health and fitness clubs in Anchorage, Fairbanks, and Juneau, providing a comprehensive range of services aimed at promoting a healthy lifestyle. Founded in 1986 and headquartered in Anchorage, Alaska, the company offers gym facilities equipped with high-tech exercise machines, along with personal training and child care services. Members can participate in various fitness classes, including yoga, cycling, step, pilates, and strength training. In addition to fitness programs, The Alaska Club features amenities such as swimming pools, tennis courts, racquetball courts, and basketball facilities, catering to diverse interests and fitness goals.

Renegade Group

Private Equity Round in 2024
Renegade Group provides utilities, energy, and employment services.

Guardian Fleet Services

Private Equity Round in 2023
Guardian Fleet Services specializes in tow and recovery services, as well as specialized transportation for municipal, state, and federal agencies, along with commercial enterprises. The company boasts the largest fleet of tractors, enabling them to efficiently deliver vehicles, machinery, engines, and generators to clients as needed. Utilizing GPS and video camera-equipped vehicles, Guardian Fleet Services ensures professional and reliable service, allowing clients to access affordable towing and recovery solutions tailored to their specific requirements.

Daniel

Private Equity Round in 2021
Daniel is an oil and gas company that offers control valves, liquid turbine meters, and differential pressure flow products.

KMS

Private Equity Round in 2020
KMS was founded in 1976 and based out of Wichita Kansas. KMS has evolved into one of the nation’s largest wholesalers of closeouts, special buys, and KMS exclusive brands. KMS operates four distribution centers throughout the US offering customers first-class merchandise with top-scale service. KMS offers a wide array of general merchandise from clothing, hardware, kitchen appliances, electronics, heaters, air conditioners, and much more. There is no deal too large or too small for KMS to distribute. KMS allows its vendors protection on goods purchased, and will not disrupt current channels or customers.

Infinity Engineered Products

Venture Round in 2020
Infinity Engineered Products specializes in the manufacturing of air springs for trucks, trailers, buses, and specialty vehicles. The company provides a diverse selection of products, including rolling lobes, bellows, and sleeve air springs, catering to a variety of transportation needs. With a focus on quality and innovation, Infinity Engineered Products serves as a key player in the market for spring systems, supporting the performance and reliability of commercial vehicles.

Memorial MRI & Diagnostic

Private Equity Round in 2020
Memorial MRI & Diagnostic, L.L.C. is a healthcare provider specializing in diagnostic imaging and treatment services for patients in the Greater Houston area and nearby cities. Established in 2001 and headquartered in Houston, Texas, the company offers a comprehensive range of services including magnetic resonance imaging (MRI), computed tomography (CT) scans, ultrasound (including 3D and 4D), nuclear medicine, digital X-rays, mammograms, bone density assessments, and pain management. It aims to meet the imaging needs of physicians and healthcare providers, ensuring patients receive effective and efficient radiological care. Memorial MRI & Diagnostic operates facilities in both Houston and Beaumont, Texas.

Made by Gather

Series A in 2018
Made by Gather is a designer and manufacturer of small kitchen appliances and kitchenware, catering to the modern consumer. Established in 2003 by Shae Hong, the company offers a diverse range of products, including air fryers, multicookers, drip and craft coffee makers, blenders, and griddles. Made by Gather focuses on providing cost-effective and energy-efficient solutions, making it easier for consumers to engage in cooking and meal preparation. The products are available for purchase both online and in physical retail locations, appealing to a wide audience of makers and doers.

Fusion Connect

Post in 2018
Fusion Connect, Inc. is a managed communication service provider based in Atlanta, Georgia, specializing in integrated cloud solutions for businesses of all sizes. Founded in 1997, the company offers a proprietary service platform that combines various cloud services, including voice communications, unified communications, contact center solutions, connectivity, cloud computing, storage, and security. Fusion Connect tailors its services to meet the specific needs of its clients, which range from associations and government entities to contact centers and industries such as healthcare and legal. The company is committed to delivering highly available services and backs its offerings with a comprehensive service guarantee, ensuring timely installation and high availability for its clients.

Spectra Services

Venture Round in 2018
Spectra Services sells goods like consumables, lab supplies, and microscopes. Spectra also offers extended services and support across its entire product line. They provide brands including Edinurgh Instruments, Centurion Scientific, LabTech International, PicoDrop, AlphaBright, Tokai Hit, and Suruga Seiki, among others.

The Arcticom Group

Seed Round in 2017
The Arcticom Group specializes in providing high-quality heating, ventilation, air conditioning, and refrigeration (HVACR) services tailored for commercial and industrial clients. Their offerings encompass a comprehensive range of solutions, including the design and implementation of HVAC and refrigeration maintenance programs, as well as installation, preventative maintenance, repairs, renovations, and energy optimization services. By focusing on the operational needs of their clients, The Arcticom Group aims to ensure the reliability and efficiency of critical systems, thereby enhancing the overall customer experience and supporting the success of businesses in the HVACR industry.
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