What CI Capital Partners does

CI Capital Partners is a New York-based middle-market private equity firm founded in 1993 that acquires control stakes in small- and medium-sized companies, primarily in the Outsourced Business Services, Residential Services, Distribution & Logistics, and Government Services sectors. Since inception the firm has acquired more than 440 companies representing approximately $11 billion in cumulative enterprise value, deploying $10-50 million of equity per platform and executing extensive add-on acquisition programs (e.g., 39 add-ons at Epiphany Dermatology). CI Capital differentiates itself through a long-hold partnership model, treating management as full co-investors rather than imposing quick-flip exits, and by committing employee cash equity (over $250 million since 2009) alongside outside investors. The firm is led by founder and CEO Fred Iseman, with President Steven Lefkowitz, CFO Patrick Farrell, Managing Director Timothy T. Hall, and Head of Business Development Amy Margolis.

Name

CI Capital Partners

Legal name

CI Capital Partners LLC

Website

https://cicapllc.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

CI Capital Partners is a New York-based middle-market private equity firm founded in 1993 that acquires control stakes in small- and medium-sized companies across business services, residential services, distribution/logistics, and government services, with $11B in cumulative enterprise value across 440+ acquisitions.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Private Equity Fund Management: CI Capital Partners generates returns through investment appreciation of portfolio companies, realized exits via sales to strategic or financial buyers, and ongoing value creation through add-on acquisitions and operational improvements. The firm commits its own cash equity alongside investor capital.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

CI Capital Partners is an entrepreneurial private equity firm that acquires control stakes in small- and medium-sized companies across outsourced business services, residential services, distribution & logistics, and government services. The firm invests $10-50M in equity per platform company, commits its own employee cash equity alongside outside investors, and pursues growth through organic initiatives and add-on acquisitions rather than quick flips. Since 1993, CI Capital has acquired more than 440 companies worth approximately $11 billion in enterprise value.

Product overview

CI Capital Partners is an entrepreneurial private equity firm that operates as a single unified investment platform rather than a modular product architecture. The firm provides private equity investment services focused on acquiring and growing small- and medium-sized companies, primarily in four sectors: Outsourced Business Services, Residential Services, Distribution & Logistics, and Government Services. CI Capital's core offering is its fund management and investment platform, through which it has acquired more than 440 companies worth approximately $11 billion in enterprise value since 1993. The firm also co-manages the Awa'ed Real Estate Investment Fund with Talaat Moustafa Group. Portfolio companies such as Epiphany Dermatology, Summit Companies, WTS International, and Simplified Logistics represent platform company investments across various service industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Private Equity Investment Services
• Awa'ed Real Estate Investment Fund

Quantifiable outcome

• Average revenue growth of 0x after acquisition for portfolio companies acquired since 2009
• +2 more outcomes

Named customers10 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered notable.

• Talaat Moustafa GroupnotableStrategic or Co-development Partner · 17 March 2026CI Capital Partners, the private equity arm of Egypt-based CI Capital Holding, partnered with Talaat Moustafa Group to launch the Awa'ed Real Estate Investment Fund with a corpus of EGP 8 billion ($153 million). CI Capital holds 51% of the fund while TMG's subsidiary Arab Company for Projects and Urban Development holds the remaining 49%. The fund will invest in commercial units in Madinaty, an 8,000-acre development in New Cairo. CI Capital Partners serves as fund manager while TMG's subsidiary handles development and sale of acquired real estate assets.
• Martin ReidynotableStrategic or Co-development PartnerCI Capital formed a partnership with Martin Reidy to pursue platform company investments in the marketing services industry. Announced August 13, 2020.
• Paul WinnowskinotableStrategic or Co-development PartnerCI Capital formed a partnership with Paul Winnowski to pursue platform investments in the residential solar and commercial security industries. Announced July 7, 2020.
• Scott McLendonnotableStrategic or Co-development PartnerCI Capital Partners formed partnership with industrial automation executive Scott McLendon. Announced June 10, 2019.
• Mark YeagernotableStrategic or Co-development PartnerCI Capital Partners formed partnership with logistics executive Mark Yeager to pursue investments in the logistics sector. Announced August 8, 2016.
• Steven A. RudnitskynotableOthersWTS International, a CI Capital portfolio company, appointed Steven A. Rudnitsky as Vice Chairman of the Board. Announced November 13, 2019.
• Lloyd JohnsonnotableOthersImpact Group, a CI Capital portfolio company, appointed Lloyd Johnson as new CEO. Announced April 9, 2019.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Audax Group: Audax is a middle-market private equity firm focused on buy-and-build investing across business services and industrials. Its sector overlap with CI Capital in outsourced business services and its add-on acquisition model make it the most direct comparable.
• Sterling Group: Sterling Group is a middle-market PE firm focused on business services, industrial, and distribution sectors with an operationally intensive, partnership-style approach. Its sector focus and middle-market check size mirror CI Capital's strategy.
• Wynnchurch Capital: Wynnchurch is a middle-market PE firm investing in business services, industrial, and distribution businesses with a partnership-driven approach. Its service-sector focus and similar deal sizing make it a close comparable to CI Capital.
• Centre Partners: Centre Partners is a middle-market PE firm focused on consumer, business services, and healthcare services with a long partnership horizon. Its collaborative management style and middle-market check size align closely with CI Capital's approach.
• Palladium Equity Partners: Palladium is a middle-market PE firm investing in business services and operations-intensive companies with a partnership-oriented model. Its sector overlap in services and mid-market deal range make it a relevant peer.
• Brynwood Partners: Brynwood Partners is a middle-market PE firm focused on consumer products and residential services, with extensive use of add-on acquisitions to build platforms. Its residential services exposure overlaps directly with one of CI Capital's stated verticals.
• CIVC Partners: CIVC Partners is a middle-market PE firm focused on business and consumer services companies with partnership-driven investing. Its service-sector focus and middle-market positioning make it a comparable peer.

Broad incumbents

• New Mountain Capital: New Mountain is a larger middle-market PE firm with deep business services and government services exposure. While larger and broader, its service-sector thesis and partnership approach overlap materially with CI Capital's verticals.
• Genstar Capital: Genstar is a middle-market PE firm with significant business services and industrial distribution exposure. Its scale and sector breadth position it as a broader incumbent comparable to CI Capital's middle-market focus.
• American Securities: American Securities is a larger middle-market PE firm investing in business services, industrial, and distribution businesses. Its sector overlap and partnership orientation make it a broader-incumbent comparable to CI Capital.

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A26 records

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CI Capital Partners