Angeles Equity Partners
Angeles Equity Partners is a Los Angeles-based private investment firm founded in 2014 that makes control equity investments in U.S. and Canadian industrial businesses with EBITDA up to $40 million, deploying approximately $1 billion across two funds and operating a dedicated in-house transformation group.
- Company typePrivate
- Founded2014
- HeadquartersLos Angeles, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Angeles Equity Partners does
Angeles Equity Partners is a Los Angeles-based private investment firm founded in 2014 that specializes in control equity investments (50%+ ownership) in industrial businesses across the U.S. and Canada lower middle market. The firm targets companies with EBITDA ranging from unprofitable to $40 million and enterprise values up to $375 million, deploying equity checks of up to $150 million. Its investment thesis centers on operational transformation and strategic repositioning of niche manufacturing, critical industrial services, and specialty distribution businesses across sub-sectors including aerospace/defense/space, auto and mobility, building products, capital goods, facilities management, industrial technology, packaging, specialty chemicals, and transportation and logistics.
The firm operates a thesis-driven, sector-focused model executed through a dedicated Angeles Operations Group staffed by senior operating partners drawn from McKinsey, Boston Consulting Group, GE Aerospace, and prior operating roles. The group provides post-close transformation, due diligence, and portfolio oversight. Angeles has raised approximately $1 billion across two oversubscribed funds — Fund I at $360 million in January 2017 and Fund II above $540 million in August 2023 — and has completed 60+ closed transactions over 20+ years of team continuity. The current portfolio spans roughly 13 active platforms with documented add-on acquisition programs and an emerging Asia-Pacific footprint through portfolio company Promera.
The firm generates revenue through traditional private equity mechanics: management fees on committed and invested fund capital, plus carried interest on realized exits. Reported realizations include American Construction Source (sold to US LBM in 2021 after doubling revenue through 10 acquisitions), APCT (sold to Industrial Growth Partners in 2021), and Xanitos (sold to Bessemer Investors in December 2025 after doubling revenue and frontline headcount). Capital is sourced from institutional LPs, with the firm maintaining UN Principles for Responsible Investment signatory status. Angeles has no parent company and is independently owned by its founders Tim Meyer and Jordan Katz.
Angeles Equity Partners firmographics
Firmographics- Name
- Angeles Equity Partners
- Legal name
- Angeles Equity Partners, LLC
- Website
- https://angelesequity.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Angeles Equity Partners is a Los Angeles-based private investment firm founded in 2014 that makes control equity investments in U.S. and Canadian industrial businesses with EBITDA up to $40 million, deploying approximately $1 billion across two funds and operating a dedicated in-house transformation group.
- Ownership category
- akta.pro rank
Angeles Equity Partners industry classification
Industry- Product category
- Private Equity Investment Management
- NAICS
- Other Investment Pools and Funds (5259), Other Financial Vehicles (525990)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Healthcare & Life Sciences Growth Equity (FSANACAB)
- akta.pro secondary industry
- Multi-Sector / Generalist Growth Equity (FSANACAO)
Keywords
Where Angeles Equity Partners is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Angeles Equity Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Fund Management: Private equity firm generating returns through investment management fees and carried interest from its investment funds. Firm has raised Fund I ($360M in 2017) and Fund II (over $540M in 2023).
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Angeles Equity Partners product offering
Product offeringCore offering
Angeles Equity Partners is a specialist private investment firm that makes control equity investments (50%+ ownership) in lower middle market industrial businesses, deploying capital through its private equity funds with equity checks up to $150 million, enterprise values up to $375 million, and target EBITDA up to $40 million. The firm pairs capital deployment with active operational transformation through its dedicated Angeles Operations Group, partnering with existing management or facilitating management transitions across niche manufacturing, critical industrial services, and specialty distribution sub-sectors.
Product overview
Angeles Equity Partners is a Los Angeles-based private investment firm that specializes in acquiring and transforming industrial businesses. The firm targets niche manufacturing, critical industrial services, and specialty distribution companies, deploying capital across the lower middle market with enterprise values up to $375 million. Rather than offering a technology product platform, Angeles provides investment capital, operational transformation expertise, and strategic repositioning to help portfolio companies realize their full potential. The firm's investment thesis focuses on control equity investments (50%+ ownership), partnering with existing management or facilitating management transitions, and deploying committed capital flexibly structured across the industrial landscape. Angeles operates across multiple industrial sub-sectors including aerospace/defense/space, auto/truck/mobility, building & infrastructure products, capital goods & equipment, facilities management, industrial technology, packaging, specialty chemicals & materials, and transportation & logistics. Business models include niche manufacturing, critical industrial services, and specialty distribution, with transaction types spanning corporate carve-outs, ownership transitions, recapitalizations, joint ventures, special situations, and public-to-private transactions.
Differentiator
Problem solved
Functional benefit
Products and services
- Industrial Private Equity Investment Fund (Angeles Equity Partners Fund I) First private equity fund focused on control equity investments (50%+ ownership) in lower middle market industrial businesses, with $360M in capital commitments. Invests in niche manufacturing, critical industrial services, and specialty distribution businesses.
- Industrial Private Equity Investment Fund (Angeles Equity Partners Fund II) Second private equity fund focused on control equity investments in lower middle market industrial businesses, with over $540M in capital commitments. Continues the firm's thesis-driven approach across industrial sub-sectors.
- Angeles Operations Group Dedicated in-house operating partner group providing operational transformation, due diligence, and post-close value creation support for portfolio companies. Includes operating partners and transformation specialists from BCG, McKinsey, and GE Aerospace backgrounds.
Companies that use Angeles Equity Partners
Customer profileNamed customers17 records
Segments3 records
Ideal customer profiles2 records
Angeles Equity Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Angeles Equity Partners partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, major, notable and minor.
- Simpson Thacher & Bartlett LLPcorePrimary legal advisor for Angeles Equity Partners on transactions. Served as legal advisor for multiple acquisitions including Freymiller, RōBEX, and others.
- Houlihan LokeycoreFinancial advisor to Primus Aerospace for its sale transaction. Served as financial advisor on transactions.
- Clearlake Capital GroupmajorCo-invested with Angeles in American Construction Source (ACS) platform in 2018, forming a leading LBM distribution platform. ACS completed 10 transactions before being sold to US LBM in 2021.
- KJM CapitalnotablePartnered with KJM Capital to acquire majority stake in Freymiller in June 2022 for temperature-controlled transportation services expansion.
- Bison CapitalnotableCo-invested with Bison Capital and Brian Nelson to acquire Precision Surfacing Solutions in October 2022.
- Soundcore CapitalnotableAcquired Custom Goods from Soundcore Capital in August 2023, enhancing Angeles' portfolio of asset-light, value-added logistics providers.
- Boston Consulting GroupminorEric Dunn, VP at Angeles Operations Group, joined from BCG where he was a partner in the operations practice.
- United Nations Principles for Responsible Investment (PRI)notableAngeles Equity Partners is a signatory to the UN PRI, demonstrating commitment to responsible investing principles.
- PromeracoreAngeles portfolio company Promera acquired Data Clean Asia in May 2026, establishing Promera's first Asia-Pacific presence and supporting global expansion strategy.
- O'Hara's Son RoofingcoreOSR platform acquired CP Rankin in January 2026 (third addition) and Total Systems Roofing in June 2025 (second acquisition), building national commercial roofing platform.
Scale indicators4 records
Recent moves11 records
Expansion highlights6 records
Angeles Equity Partners competitors and assessment
Company assessmentDirect peers
- Quad-C Management: Quad-C Management is a middle-market private equity firm investing in industrial and consumer services businesses. Comparable to Angeles in lower middle-market positioning, control-equity transactions, and operational transformation orientation.
- Aterian Investment Partners: Aterian Investment Partners is a private investment firm focused on acquiring and building lower middle-market industrial and business services companies. Comparable to Angeles in control-equity thesis, EBITDA range, add-on platform approach, and industrial sub-sector orientation.
- Wynnchurch Capital: Wynnchurch Capital is a lower middle-market private equity firm focused on complex carve-outs, recapitalizations, and operational improvement in industrial businesses. Directly comparable to Angeles on transaction types, deal sizing, and industrial sub-sector coverage.
- Platte River Equity: Platte River Equity is a Denver-based private equity firm investing in lower middle-market industrial companies. Highly comparable to Angeles on sector focus, control-equity strategy, and partnership with existing management teams in industrial niches.
- Arsenal Capital Partners: Arsenal Capital Partners is a specialized private equity firm investing in lower middle-market industrial and healthcare companies. Highly comparable to Angeles in sector focus, deal size, and operational transformation playbook; Angeles even hired an Arsenal principal (Chris Huetsch) onto its investment team.
- High Road Capital Partners: High Road Capital Partners is a lower middle-market private equity firm focused on industrial and business services companies. Comparable to Angeles in fund size, EBITDA target range, and value-creation via operational improvement and add-on acquisitions.
- SK Capital Partners: SK Capital Partners is a private investment firm focused on the specialty materials, chemicals, and pharmaceuticals sectors. Comparable to Angeles in lower middle-market industrial specialization, operational transformation approach, and sub-sector depth.
- Industrial Growth Partners: Industrial Growth Partners is a private equity firm focused exclusively on industrial growth and consolidation investments in the lower middle market. Closely comparable to Angeles in target EBITDA range, sub-sector focus (industrial manufacturing, specialty distribution, industrial services), and value-creation approach via operational improvement.
Broad incumbents
- Stonepeak Partners: Stonepeak is a large alternatives-focused investment firm specializing in infrastructure and industrial businesses. Comparable as a broader incumbent operating in adjacent industrial sub-sectors with overlapping capabilities in transportation, logistics, and industrial services.
- Clearlake Capital Group: Clearlake Capital is a much larger multi-strategy private investment firm with broad sector coverage. Comparable as a co-investment partner (Angeles co-invested with Clearlake on American Construction Source in 2018) and as a broader incumbent in industrial and business services PE.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Angeles Equity Partners social profiles
Digital presenceAngeles Equity Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Angeles Equity Partners leadership team
Management profileNumber of profiles
Profiles15 records
Angeles Equity Partners subsidiaries and ownership
Company hierarchySubsidiaries13 records
Angeles Equity Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Angeles Equity Partners M&A and investment
M&A and investmentM&A16 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Angeles Equity Partners
What does Angeles Equity Partners do?
Angeles Equity Partners is a specialist private investment firm that makes control equity investments (50%+ ownership) in lower middle market industrial businesses, deploying capital through its private equity funds with equity checks up to $150 million, enterprise values up to $375 million, and target EBITDA up to $40 million. The firm pairs capital deployment with active operational transformation through its dedicated Angeles Operations Group, partnering with existing management or facilitating management transitions across niche manufacturing, critical industrial services, and specialty distribution sub-sectors.
Is Angeles Equity Partners a public or private company?
Angeles Equity Partners is a private company. It is classified as management employee owned and is currently operating.
When was Angeles Equity Partners founded?
Angeles Equity Partners was founded in 2014. It employs 11 to 50 people.
Where is Angeles Equity Partners based?
Angeles Equity Partners is headquartered in Los Angeles, United States, in the North America region.
How does Angeles Equity Partners make money?
One revenue line is on record: fund Management.
Who are Angeles Equity Partners's main competitors?
Direct peers on record are Quad-C Management, Aterian Investment Partners, Wynnchurch Capital, Platte River Equity, Arsenal Capital Partners, High Road Capital Partners, SK Capital Partners and Industrial Growth Partners. Broad incumbents are Stonepeak Partners and Clearlake Capital Group.
Does Angeles Equity Partners have an API?
No public API is recorded for Angeles Equity Partners.
What industry is Angeles Equity Partners in?
Angeles Equity Partners's product category is Private Equity Investment Management. Its primary akta.pro industry code is FSANACAB, Healthcare & Life Sciences Growth Equity, with a secondary code of FSANACAO, Multi-Sector / Generalist Growth Equity. Its NAICS code is 5259 and its SIC code is 6211.