Graue Mill Partners

Graue Mill Partners, LLC is a private equity firm based in Oak Brook, Illinois, specializing in growth capital for small and middle market companies. Established in December 2000, the firm focuses on later-stage investments in fragmented industries and engages in management buyouts, recapitalizations, and divestitures. Graue Mill Partners typically invests between $100,000 and $1 million in companies with enterprise values ranging from $5 million to $10 million and minimum revenues of $10 million. The firm seeks to acquire majority stakes or minority stakes with options for control, often co-investing alongside management and taking board seats in portfolio companies. Its investment strategy emphasizes sectors such as technology-enabled business services, manufacturing, distribution, and financial services, while avoiding industries prone to rapid technological changes or significant demand fluctuations.