Elan Growth Partners

Elan Growth Partners is a private equity firm that specializes in emerging growth, buyouts, and lower middle market investments. Established in 2018 and based in Carlsbad, California, the firm focuses on the Western United States, particularly in Los Angeles, San Diego, and Ventura. Elan Growth Partners typically invests between $5 million and $25 million in equity for companies generating $1 million to $6 million in earnings before interest, taxes, depreciation, and amortization (EBITDA). The firm aims to hold a majority position in its investments, which primarily target sectors such as manufacturing, niche software, business-to-business services, and food. In addition to capital investment, Elan provides support for succession planning, family-owned business transitions, and growth strategies to help companies accelerate their development and unlock value.

Craig Dupper

Founder and Managing Partner

Zachary Oseran

Principal

Zach Oseran

Principal

Max Young

Partner

3 past transactions

Simply NUC

Venture Round in 2022
Simply NUC is an Intel Platinum Technology Partner specializing in small form factor computing devices. The company aims to simplify the Intel® NUC (Next Unit of Computing) ecosystem by offering expert advice, testing, service, warranty, and support for Intel® NUC kits, systems, and accessories. In addition to standard products, Simply NUC provides customized solutions, including fanless Intel-based systems, catering to specific client needs. Their team of skilled software and hardware engineers supports projects from the initial development stage to mass deployment. Furthermore, Simply NUC offers competitive pricing for large-scale projects, ensuring that larger firms can easily integrate their solutions into standard procurement processes. The company emphasizes quality products and exceptional service, standing firmly behind their offerings.

Custom Power

Venture Round in 2019
Custom Power is a designer and manufacturer of customized power solutions for mission-critical and safety-sensitive applications. Since 1965, Custom Power has been designing and assembling custom battery solutions. They provide battery pack assemblies in all chemistries and for all electronic applications, all built to match their customers’ unique requirements.

House of Batteries

Private Equity Round in 2019
House of Batteries has been designing and assembling custom battery solutions.
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