Borgman Capital

Borgman Capital LLC, founded in 2017 and based in Milwaukee, Wisconsin, is a privately held investment firm that focuses on acquiring majority interests in established micro-middle market companies with an enterprise value of $50 million or less. The firm targets profitable businesses with strong management teams, primarily in the food products, infrastructure services and products, and traditional manufacturing sectors. Borgman Capital operates as a buy-and-hold investor, employing a strategy that minimizes leverage to foster long-term growth in its portfolio companies. As an independent sponsor, the firm raises equity for each transaction, sourcing funds primarily from personal equity, accredited investors, and family offices.

Ben Axelrod

Managing Director

Sequoya Borgman

Founder and Managing Director

Megan Brobson

Vice President

Adam Kuborn

Analyst

Michael Pepke

Managing Director

Matthew Pikus

Senior Associate

Alex Reinhart

Vice President

Past deals in Wisconsin

Aerial Work Platforms

Acquisition in 2020
Aerial Work Platforms specializes in renting, selling, and servicing aerial lift equipment.

Gilman Cheese

Acquisition in 2019
Gilman Cheese Corporation specializes in premium quality, shelf stable processed cheese for the gift pack, retail, and airline industry as well as smoked cheese, both natural and processed. Gilman Cheese Corporation produces 1.6 million pounds of processed cheese per month in more than 450 different products. These products can range from fat-free and reduced fat processed cheese products to flavored shelf stable cheese for the gift pack and airline industry to high quality slicing cheese for the deli case.
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