CenterGate Capital
CenterGate Capital is an Austin, Texas-based private equity firm founded in 2014 that makes control investments in lower middle market companies with $5-30M EBITDA across North America, managing over $750M in assets and partnering with management teams in business services, manufacturing, and consumer sectors.
- Company typePrivate
- Founded2014
- HeadquartersAustin, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What CenterGate Capital does
CenterGate Capital is an Austin, Texas-based private equity firm founded in 2014 that invests in lower middle market companies with $5-30 million EBITDA across North America. The firm targets control investments in business services, manufacturing, and consumer sectors, partnering closely with management teams to identify and execute value creation opportunities through both organic growth and add-on acquisitions. Since inception, CenterGate has completed 12 platform investments and 18 add-on acquisitions, with current portfolio companies spanning professional tools (Spartaco Tool Group), pricing automation (JRTech Solutions), medical-grade compression garments (Marena Group), eyewear (Zyloware), transmission parts (TransGo), government managed print services (CTI), commercial printing and direct mail (Prisma), envelope manufacturing (United Envelope), marine infrastructure equipment (Marine Equipment Solutions), frozen bakery manufacturing (Quality Harvest Foods), and material handling (Naumann Hobbs).
The firm is led by co-founders and Managing Partners Tiffany Kosch and Lewis Schoenwetter, supported by a team of more than twenty investment professionals with prior tenure at H.I.G. Capital, Levine Leichtman Capital Partners, Brentwood Associates, Platinum Equity, Lazard, and other private equity and investment banking institutions. CenterGate's investment approach emphasizes operational support, including dedicated operational leadership roles within the firm to drive value creation initiatives across portfolio companies. The firm sources deals directly through its professional network, intermediary relationships, and management outreach, supported by a business development function.
CenterGate Capital operates as a limited partnership (CenterGate Capital, L.P.) headquartered in Austin, Texas, and generates revenue through private equity fund management fees on assets under management plus performance-based carried interest on realized portfolio returns. As of August 2023, the firm had closed Fund II with over $375 million in capital commitments, exceeding its target with a diversified institutional investor base including pension funds, endowments, foundations, family offices, asset management firms, and financial institutions. Total assets under management exceed $750 million.
CenterGate Capital firmographics
Firmographics- Name
- CenterGate Capital
- Legal name
- CenterGate Capital, L.P.
- Website
- https://centergatecapital.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CenterGate Capital is an Austin, Texas-based private equity firm founded in 2014 that makes control investments in lower middle market companies with $5-30M EBITDA across North America, managing over $750M in assets and partnering with management teams in business services, manufacturing, and consumer sectors.
- Ownership category
- akta.pro rank
CenterGate Capital industry classification
Industry- Product category
- Private Equity Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investors, Nec (6799)
- akta.pro primary industry
- Middle-Market Lending (FSANADAI)
Keywords
Where CenterGate Capital is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CenterGate Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Management Fees: Private equity fund management fees typically charged as a percentage of assets under management
- Carried Interest: Performance-based fees earned when portfolio companies achieve defined returns, representing a significant portion of PE fund economics
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
CenterGate Capital product offering
Product offeringCore offering
CenterGate Capital is a private equity firm that makes control investments in lower middle market companies with $5-30M EBITDA across North America, primarily in business services, manufacturing, and consumer sectors. The firm manages over $750 million in assets across its funds and partners with management teams to execute value creation through operational improvements and add-on acquisitions.
Product overview
CenterGate Capital is a private equity firm that does not offer a unified product platform. Instead, it provides private equity investment management services focused on lower middle market companies with $5-30M EBITDA across North America. The firm manages $750 million in assets and partners with portfolio companies including Spartaco Tool Group (professional-grade tools), JRTech Solutions (pricing automation and electronic shelf labels), The Marena Group (medical-grade compression garments), Zyloware (eyewear frames), TransGo (transmission repair parts), Cartridge Technologies/CTI (government managed print services), Prisma (marketing solutions and commercial printing), United Envelope (envelope manufacturing), Marine Equipment Solutions (marine infrastructure equipment), Quality Harvest Foods (frozen bakery manufacturing), The Mulch and Soil Company (landscape products), and Naumann Hobbs Material Handling (material handling equipment). Each portfolio company operates independently with its own products, services, and customer base.
Differentiator
Problem solved
Functional benefit
Products and services
- CenterGate Capital Fund Management Private equity investment management services focused on control investments in lower middle market companies with $5-30M EBITDA across North America, managing over $750 million in assets across firm funds.
Quantifiable outcome
- 12 platform investments completed since inception
- +2 more outcomes
Companies that use CenterGate Capital
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
CenterGate Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
CenterGate Capital partnerships and signals
Strategic signalScale indicators5 records
Recent moves7 records
Expansion highlights5 records
CenterGate Capital competitors and assessment
Company assessmentDirect peers
- Wynnchurch Capital: Lower middle market private equity firm targeting control investments in North American companies, with similar AUM scale and a focus on industrial, business services, and consumer sectors comparable to CenterGate's mandate.
- Pfingsten Partners: Lower middle market private equity firm focused on control investments in business services, manufacturing, and consumer products companies with EBITDA typically in a similar range to CenterGate's $5-30M target.
- Trinity Hunt Partners: Lower middle market growth-oriented private equity firm focused on business services, consumer, and industrial sectors with control investments, closely comparable to CenterGate's strategy and target company profile.
- Argonaut Private Equity: Lower middle market private equity firm targeting control investments in manufacturing, distribution, and business services companies, with a similar AUM scale and deal-size profile to CenterGate.
- Kian Capital Partners: Lower middle market private equity firm focused on control investments in business services and consumer companies, operating with comparable AUM and target EBITDA range as CenterGate.
- Northstar Capital: Lower middle market private equity firm investing in control transactions across business services, manufacturing, and consumer industries with comparable target EBITDA range and AUM scale.
- Reynolda Equity Partners: Lower middle market private equity firm (formerly Five Points Capital, where several CenterGate team members previously worked) focused on control investments in business services and consumer companies with similar deal-size parameters.
Broad incumbents
- H.I.G. Capital: Large global middle-market private equity firm where CenterGate's founding partners previously served as senior executives. While significantly larger in AUM and broader in sector focus, H.I.G. competes for the same lower middle market deals and shares the same investment philosophy.
- Levine Leichtman Capital Partners: Middle market private equity firm where CenterGate's founders held Director positions. LCP pursues control and structured equity investments across consumer, business services, and healthcare — overlapping with CenterGate's investment universe at a larger AUM scale.
- Pritzker Private Capital: Middle market private equity firm focused on control investments in family- and founder-owned businesses across business services, manufacturing, and consumer sectors, with a larger AUM base but highly comparable investment approach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
CenterGate Capital social profiles
Digital presenceCenterGate Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
CenterGate Capital leadership team
Management profileNumber of profiles
Profiles13 records
CenterGate Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CenterGate Capital M&A and investment
M&A and investmentM&A10 records
Investments12 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CenterGate Capital
What does CenterGate Capital do?
CenterGate Capital is a private equity firm that makes control investments in lower middle market companies with $5-30M EBITDA across North America, primarily in business services, manufacturing, and consumer sectors. The firm manages over $750 million in assets across its funds and partners with management teams to execute value creation through operational improvements and add-on acquisitions.
Is CenterGate Capital a public or private company?
CenterGate Capital is a private company. It is classified as management employee owned and is currently operating.
When was CenterGate Capital founded?
CenterGate Capital was founded in 2014. It employs 11 to 50 people.
Where is CenterGate Capital based?
CenterGate Capital is headquartered in Austin, United States, in the North America region.
How does CenterGate Capital make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest.
Who are CenterGate Capital's main competitors?
Direct peers on record are Wynnchurch Capital, Pfingsten Partners, Trinity Hunt Partners, Argonaut Private Equity, Kian Capital Partners, Northstar Capital and Reynolda Equity Partners. Broad incumbents are H.I.G. Capital, Levine Leichtman Capital Partners and Pritzker Private Capital.
Does CenterGate Capital have an API?
No public API is recorded for CenterGate Capital.
What industry is CenterGate Capital in?
CenterGate Capital's product category is Private Equity Investment Management. Its primary akta.pro industry code is FSANADAI, Middle-Market Lending. Its NAICS code is 523940 and its SIC code is 6799.