Evolution Capital Partners
Evolution Capital Partners, LLC, established in 2005, is a private equity firm headquartered in Cleveland, Ohio, with additional offices in Chicago, Atlanta, and Houston. The company specializes in providing growth equity and acquisition capital to small, established businesses in the United States and Canada, with a focus on the Youngstown, Cleveland, Canton, and Akron areas. Evolution targets companies with revenues between $5 million and $50 million, free cash flow between $0.5 million and $2 million, and EBITDA between $0.5 million and $10 million. It typically invests between $3 million and $10 million in equity and prefers debt investments between $1 million and $4 million, seeking majority stakes in companies with a plan to reach $5 million in free cash flow within three to seven years. The firm focuses on business services, distribution, financial services, healthcare services, information services, niche manufacturing, and technology-enabled, scalable businesses. Evolution aims to be the initial institutional capital and lead investor in both control and non-control situations, assisting entrepreneurial businesses in achieving growth through its proprietary process, The Five Pillars of Business Freedom.
Michael Gerbasi
Partner
Kim Lapcewich
Partner
23 past transactions
DataFit
Private Equity Round in 2024
DataFit provides pre-employment physical testing, return to work PCE, PSRA, and MSA evaluation services.
Meteoric Resources
Post in 2023
Meteoric Resources NL is an exploration company engaged in the search for mineral deposits, focusing primarily on gold, cobalt, diamonds, and silver. The company has a diverse portfolio of projects located in Brazil, Canada, Western Australia, and the Northern Territory. Key projects include the Palm Springs Gold Project in the Kimberley Region of Western Australia, the Juruena and Novo Astro Gold Projects in Brazil, and various exploration sites in Ontario, Canada, such as Iron Mask and Mulligan. Incorporated in 2004 and based in West Perth, Australia, Meteoric Resources is dedicated to expanding its exploration activities by leveraging existing data and research, aiming to establish a comprehensive profile for polymetallic and cobalt exploration. The company's management team comprises experts with significant experience in the mining sector.
LEW Corporation
Private Equity Round in 2021
LEW Corporation is an environmental testing & consulting company providing various types of environmental engineering & consulting services.
EnviroScience Consultants
Private Equity Round in 2021
EnviroScience Consultants Inc. is an environmental consulting firm that offers a range of services including consulting, design, laboratory analysis, and inspection. The firm specializes in asbestos management, environmental remediation, lead-related issues, indoor air quality assessments, and subsurface investigations. Additionally, it provides construction inspection and testing services, as well as occupational training and industrial hygiene support. Targeting schools, property owners, and healthcare institutions, EnviroScience Consultants aims to meet the diverse environmental needs of its clients by delivering affordable and convenient solutions.
DiningRD
Acquisition in 2020
DiningRD specializes in innovative food service software and consulting services tailored for senior living communities and long-term care facilities. The company provides online menu planning and dietary consulting programs designed for various sectors, including small acute care hospitals and food service distributors. Staffed by qualified registered dietitians, DiningRD offers training and dietician services focused on enhancing nutritional care, improving dining experiences, and ensuring compliance with regulatory standards. The company’s mission is to elevate the food service experience in the healthcare sector through its expertise and comprehensive support systems.
MycoTechnology
Series D in 2020
MycoTechnology is a food technology company based in Aurora, Colorado, that focuses on enhancing the flavor and nutritional value of agricultural products through fungi-based food-processing platforms. Founded in 2013, the company addresses various challenges in the food, beverage, and flavor industries by utilizing gourmet fungi and mycelial fermentation. One of its notable products, ClearTaste, is an all-natural, GMO-free, organic bitter blocker that is both Kosher and Halal certified, designed to improve the taste of various agricultural products. In addition, MycoTechnology offers myceliated chocolate and works with robusta and arabica coffee beans, developing and licensing technology to enhance their flavor profiles. By integrating these innovative solutions, the company aims to help food producers incorporate healthier ingredients and strengthen their brand associations.
Empire Dental Arts
Acquisition in 2020
Empire Dental Arts LLC is a dental partnership organization based in Mentor, Ohio, established in 2016. The company offers clinic-level operational support and centralized back-office services to a network of dental practices. These services include human resources, payroll and benefits, accounting, vendor management, insurance, accounts receivable, and IT management. By handling these administrative functions, Empire Dental Arts allows partner dentists to focus more on patient care, improving the overall efficiency and effectiveness of their practices.
Cap City Dental Lab
Private Equity Round in 2018
Cap City Dental Lab, founded in 1999 and headquartered in Columbus, Ohio, specializes in manufacturing dental implants, including crowns, dentures, partials, and bridges. The company serves dentists, dental service organizations, and other dental labs across the United States, focusing on delivering high-quality products at competitive prices. Cap City Dental Lab aims to enhance the efficiency and success of its clients by providing a reliable lab experience tailored to the needs of dental professionals.
NexTech Partners
Private Equity Round in 2018
NexTech Partners, Inc. is a company based in Pearl, Mississippi, that specializes in the refurbishment and distribution of used voice and networking products, as well as networking, telephony, storage, and workstation equipment. Founded in 2009, the company offers a range of services including repair, trade-out programs, and e-waste disposal management. By focusing on the lifecycle management of technology assets, NexTech Partners enables clients to optimize their technology budgets through recycling, asset recovery, and resale solutions. The company's commitment to data security and responsible equipment waste management positions it as a valuable partner in the technology sector.
Federos
Series B in 2018
Federos LLC, founded in 2005 and based in Frisco, Texas, specializes in providing digital service assurance solutions tailored for communications companies, managed service providers, and enterprises. The company's offerings include fault management, performance management, service management, and topology services, aimed at enhancing the reliability and efficiency of critical networks and systems. Federos also develops artificial intelligence-optimized analytics and automation solutions that facilitate the monitoring and management of network performance. By integrating service management and advanced workflow visualization, Federos supports the transformation of both carrier and enterprise networks, helping clients consolidate legacy tools and reduce operational costs while accelerating the delivery of new services.
Renascent Salvage Holdings
Acquisition in 2017
Renascent Salvage Holdings is a holding company focused on acquiring and establishing a network of automotive salvage yards and recycling facilities. Operating primarily in the Midwestern region, the company acts as a special-purpose investment vehicle that facilitates business growth opportunities within the automotive salvage industry. By consolidating these facilities, Renascent Salvage Holdings aims to enhance operational efficiencies and expand its market presence in automotive recycling.
Learning Horizons
Acquisition in 2017
Learning Horizons, Inc. was a designer and distributor of educational products through a variety of channels including club stores, office superstores, toy stores, grocery stores, drug stores and bookstores.
Heavy Equipment Colleges of America
Private Equity Round in 2015
Heavy Equipment Colleges of America operates specialized training schools focused on heavy equipment operation. Since its establishment in 2006, the institution has been headquartered in Henderson, Nevada. It provides comprehensive training programs that cover the operation and maintenance of various heavy machinery, including wheel loaders, excavators, skidsteers, bulldozers, backhoes, and cranes. In addition to hands-on equipment training, the college offers instruction in essential skills such as reading blueprints, evaluating soil conditions, and applying basic math principles for calculating volume and weight. To enhance employability, Heavy Equipment Colleges also assists students with job search techniques, resume preparation, and interview skills. With a commitment to fostering better job opportunities, the college aims to equip individuals with the necessary skills for success in the heavy equipment industry.
ROI Networks
Acquisition in 2014
ROI Networks, LLC, based in Mission Viejo, California, is a systems integrator that specializes in enterprise-class communication and networking solutions for a diverse clientele, including small, medium, and large businesses, as well as state and local government agencies. Founded in 2002, the company provides a range of services including project management, ongoing maintenance, and implementation of various integration solutions such as Microsoft Lync, Polycom, and Cisco. ROI Networks also offers a unified communications as-a-service (UCaaS) platform that integrates voice, data, wireless, text, and video collaboration into a single architecture, allowing clients to access services across multiple devices while simplifying technology and reducing costs. The company's offerings can be deployed as premises-based, hosted, or cloud-based solutions, ensuring flexibility for its customers.
Knowledge Center Enterprises
Acquisition in 2014
Knowledge Center Enterprises, LLC specializes in providing software systems designed to support and automate incident and event management. Based in Bridgeville, Pennsylvania, the company focuses on mission-critical incident management solutions, offering a comprehensive Knowledge Center software suite that connects responders to essential resources during both planned events and emergencies. Their product offerings include Knowledge Center Essential, which delivers basic features for managing various events, and the Knowledge Center Maxx line, which integrates real-time communication, incident management, document management, and reporting tools to enhance situational intelligence. Additionally, they provide customizable stand-alone web-based solutions and KC in Action, a resource featuring lessons learned and industry insights. Knowledge Center Enterprises serves a diverse range of sectors, including emergency management, healthcare, education, transportation, finance, utilities, entertainment, government, and non-profit organizations. The company was founded in 2004.
Cascade Healthcare Solutions
Acquisition in 2014
Cascade Healthcare Solutions was founded on the premise of helping our customers save money and making their buying experience as smooth as possible. With an ever-expanding product selection and competitive pricing, Cascade Healthcare Solutions has become one of the fastest growing medical product supplies companies.
AXIOM Sales Force Development
Acquisition in 2013
AXIOM Sales Force Development, LLC is a sales performance development company based in Richardson, Texas, specializing in integrated learning and technology training services for businesses and sales organizations across the United States. The company offers a range of services aimed at enhancing sales performance, including sales training, coaching, opportunity management, and sales forecasting. Key solutions include GUIDE Sales Coaching, which assists managers in developing their team's skills; Opportunity Manager, an application that analyzes customer decision-making stages; and Account Planning and Management, which helps Salesforce.com users implement effective account strategies. Additionally, AXIOM provides an Online Learning Library that supports skill reinforcement and the AXIOM Integrated Selling Suite, which combines selling methodologies with real-time applications for opportunity and account management. Founded in 1990, AXIOM was previously known as Burton Training Group.
Budco Financial
Acquisition in 2012
Budco Financial Services LLC, established in 1981 and headquartered in Detroit, Michigan, specializes in payment plan program management for the transportation industry, with a focus on automotive, boating, and recreational sports. The company offers a range of services, including installment payment plans, vehicle service contract support, cash management, e-contracting, and concierge services. These solutions enable original equipment manufacturers (OEMs) and dealers to create new revenue streams and improve customer satisfaction, while helping healthcare providers shorten revenue cycles and reduce bad debt. Budco serves its clients through dealers, direct marketing, and internet channels.
SEAM Group
Acquisition in 2012
SEAM Group, originally founded as Lewellyn Technology, specializes in safety, reliability, maintenance, and enterprise asset management services. Over the past two decades, the company has established itself as a leader in the industry, providing a comprehensive range of services that include safety training, consulting, inspections, assessments, and installation and repair. With a strong focus on industries such as hospitality, food processing, and pharmaceuticals, SEAM Group addresses the need for effective management of energized assets. The company is committed to optimizing performance while ensuring workplace safety through practical training delivered by experienced industry professionals. SEAM Group has expanded its offerings to include specialized services in areas such as Arc Flash, Combustible Dust, Lockout/Tagout safety, and electric vehicle charging infrastructure, reflecting its ongoing evolution and dedication to meeting the needs of its clients.
American Eagle Mortgage
Private Equity Round in 2009
American Eagle Mortgage, established in 2000, is a mortgage banking company headquartered in Lorain, Ohio, with an additional office in Naples, Florida. It specializes in providing a wide array of mortgage products, including government-backed loans (FHA, VA, USDA), jumbo loans, refinance loans, reverse mortgages, and programs for foreign nationals. The company also offers specialty mortgage services and financial counseling. As a subsidiary of LendUS, LLC, American Eagle Mortgage operates as a trusted provider of mortgage solutions, particularly for first-time homebuyers and those seeking non-conventional financing options.
Turf Ventures
Acquisition in 2008
Turf Ventures is a national provider of turf products and solutions, specializing in the golf course industry. The company supplies a range of chemical products, including fertilizers and fungicides, through established distribution channels. By collaborating with local experts, Turf Ventures aims to deliver leading professional turf maintenance brands, ensuring that municipalities, professionals, and youth sports facilities receive effective solutions for maintaining high-quality turf.
RTS Packaging
Acquisition in 2006
RTS Packaging is an integrated packaging company that specializes in the design and manufacture of customized solid fiber and corrugated partitions, folding cartons, sheeted paperboard, and die-cut paperboard components. Catering primarily to the partition and pad inner packaging industry, RTS Packaging offers a diverse range of products that provide effective solutions for clients. The company focuses on delivering quality packaging options at competitive prices, ensuring that customers have access to tailored solutions that meet their specific needs.
Accurate Group
Acquisition in 2005
Accurate Group Holdings, Inc., established in 2003 and headquartered in Cleveland, Ohio, specializes in providing real estate transaction services to the financial services industry. The company offers a range of services, including appraisal management, title services, and loan due diligence solutions, catering to real estate finance providers and mortgage lending clients. Its technology-driven appraisal management platform ensures compliance across various types of real estate loans, from mortgage originations to default servicing. Additionally, Accurate Group provides alternative valuations, streamlined title services, and real estate valuation solutions to support its clients' needs.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.