Perpetual Capital Partners

Perpetual Capital Partners is a private investment firm based in Arlington, Virginia, established in 2013. The firm specializes in acquiring lower middle market companies and making growth-oriented investments in established operating businesses across the United States. Perpetual Capital Partners focuses on providing control-oriented capital to companies that have a clear path to positive cash flow, particularly in sectors such as business products, consumer services, healthcare, information technology, advanced manufacturing, and e-commerce. Unlike traditional private equity funds, Perpetual Capital Partners operates without a defined investment holding period, allowing them to engage with their portfolio companies as long-term owners. Backed by the Allbritton family, the firm emphasizes collaboration and strategic support to help businesses grow and enhance their value over time.

Robert Allbritton

Co-Founder and Executive Chairman

Duncan Evans

Co-Founder, President, CEO and Chief Investment Officer

Robert Sjoberg

Managing Director

3 past transactions

Novatech

Acquisition in 2024
Novatech is a managed IT and printer services provider that caters to businesses of all sizes and government entities. The company offers a range of services, including managed print services, multifunction devices, production print, wide format printing, and information technology support, along with 3D printing technology. Novatech is recognized for its commitment to cost-effective solutions, providing free cost analysis to help clients select the appropriate equipment and services that fit their budget and needs. With a focus on both on-site and remote support for network infrastructure and peripherals, Novatech has earned accolades for its rapid growth and industry leadership.

InnoGrit Corporation

Series B in 2020
InnoGrit Corporation is a technology company that specializes in developing and marketing advanced data storage and transport solutions tailored for artificial intelligence and big data applications. Founded in 2016 by Zining Wu, InnoGrit is headquartered in Shanghai, China, with additional offices in Chengdu and San Jose, California. The company offers a range of PCIe Gen 3 and Gen 4 solid-state drive (SSD) processors, including models like Rainier, Shasta, Tacoma, and Shasta+, designed for enterprise and client applications. InnoGrit's innovative processors aim to enhance the speed and efficiency of data handling, reduce network latency, and facilitate smoother data transport by integrating storage, networking, and computational functions. Additionally, InnoGrit provides comprehensive support to its clients, addressing the growing demands for data backup and distribution across various sectors, including cloud computing and data warehousing.

California Family Fitness

Acquisition in 2016
California Family Fitness, headquartered in Orangevale, California, is a leading operator of fitness centers in the greater Sacramento area, with 19 mid-to-large format locations. The company emphasizes making fitness enjoyable and accessible for individuals and families of all ages. Its facilities are equipped with modern exercise equipment, swimming pools, and courts for basketball and racquetball. Additionally, California Family Fitness offers a variety of member services, including fitness class instruction, personal training, child care, and organized sports leagues. The diverse programming includes activities such as yoga, spin classes, cardio training, and climbing walls, ensuring comprehensive fitness opportunities for all members.
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