Agellus Capital
Agellus Capital is a Clayton, Missouri-based lower-middle-market private equity firm founded in 2024 that invests in essential, non-discretionary services businesses in the US and Canada, executing a buy-and-build strategy across four current platforms: managed IT (CompassMSP), fire and life safety (Bluejack), commercial landscaping (HighGrove), and restoration services (Titan).
- Company typePrivate
- Founded2024
- HeadquartersClayton, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Agellus Capital does
Agellus Capital is a Clayton, Missouri-based lower-middle-market private equity firm founded in 2024 by Beau Thomas (formerly a Managing Director at Audax Private Equity) and Jeff Aiello (formerly a Managing Director at Thompson Street Capital Partners). The firm invests exclusively in essential, non-discretionary services businesses across the United States and Canada, targeting platform companies with $2 to $25 million of EBITDA at enterprise values between $20 million and $500 million, and executing a buy-and-build strategy within large, fragmented end markets. Agellus's investment thesis emphasizes recession resilience, stable margins, and long-term secular demand, spanning three broad verticals: business-to-business services, non-discretionary consumer services, and supply chain and infrastructure services.
Agellus closed its debut Fund I at $400 million in July 2024, with capital from institutional limited partners including GCM Grosvenor, Petershill Partners, and the Howard Hughes Medical Institute. Within roughly 18 months of fund close, the firm deployed capital across four platform investments: CompassMSP (managed IT services for SMBs, formed by combining CompassMSP and BlackPoint IT Services), Bluejack Fire & Life Safety (national fire protection, life safety, and engineering services consolidated from FirePro Tech, Chase Fire, AAA Fire Protection, Orcus Fire & Risk, and Crux Consulting), HighGrove Partners (commercial landscaping in the Southeastern United States, with subsequent add-ons Synergy Landscapes and Lawn Enforcement Agency), and Titan Restoration (commercial mitigation and restoration services in the Mountain West). Each platform is actively pursuing additional add-on acquisitions.
The firm generates revenue through standard private equity fund economics, primarily management fees on committed Fund I capital, with carried interest economics contingent on future portfolio exits. As of the most recent data, the firm operates with a 13-person team spanning investment, business development, finance and compliance, and operations functions, led by two Managing Partners and supported by a Partner/COO, two Managing Directors, Principals, Vice Presidents, and Associates drawn predominantly from leading middle-market PE firms and bulge-bracket investment banks. The firm does not operate a traditional technology product, distribution channel, or customer-facing service; its "product" is capital, operational support, and M&A execution capability delivered to portfolio management teams.
Agellus Capital firmographics
Firmographics- Name
- Agellus Capital
- Legal name
- Agellus Capital, LLC
- Website
- https://www.agellus.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Agellus Capital is a Clayton, Missouri-based lower-middle-market private equity firm founded in 2024 that invests in essential, non-discretionary services businesses in the US and Canada, executing a buy-and-build strategy across four current platforms: managed IT (CompassMSP), fire and life safety (Bluejack), commercial landscaping (HighGrove), and restoration services (Titan).
- Ownership category
- akta.pro rank
Agellus Capital industry classification
Industry- Product category
- Private Equity Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282), Investors, Nec (6799)
- akta.pro primary industry
- Emerging Manager / Small Fund Secondaries (FSANAFAL)
- akta.pro secondary industry
- Technology & Software Growth Equity (FSANACAA)
Keywords
Where Agellus Capital is headquartered
LocationHeadquarters
- HQ city
- Clayton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Agellus Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others, Technology or R&D
Revenue model
- Fund Management: Agellus Capital generates revenue through management fees and carried interest from its private equity fund (Fund I). As a buy-and-build focused PE firm, returns are realized through portfolio company value creation and eventual exits.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Agellus Capital product offering
Product offeringCore offering
Agellus Capital is a lower middle market private equity firm that invests in essential, non-discretionary services businesses through a buy-and-build strategy. The firm partners with management teams and founders across the US and Canada, providing capital, strategic guidance, M&A expertise, and operational support to scale companies through platform investments ($20M–$500M enterprise value; $2M–$25M EBITDA) and add-on acquisitions in fragmented markets.
Product overview
Agellus Capital operates as a private equity firm that builds platforms in essential, non-discretionary services markets. The company has constructed a portfolio of four distinct platform companies: (1) Bluejack Fire & Life Safety, a national provider of fire and life safety services formed through combining FirePro Tech LLC, Chase Fire, AAA Fire Protection Services, Orcus Fire & Risk, and Crux Consulting; (2) CompassMSP, a managed IT services provider formed by uniting CompassMSP and BlackPoint IT Services; (3) HighGrove Partners, a commercial landscaping platform in the Southeastern United States with add-ons including Synergy Landscapes and Lawn Enforcement Agency; and (4) Titan Restoration, a commercial mitigation and restoration services provider. The investment strategy focuses on buy-and-build acquisitions in large, fragmented markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Agellus Capital Fund I Debut lower middle market private equity fund with $400 million of committed capital, targeting platform investments with $20M–$500M in enterprise value and $2M–$25M of EBITDA. The fund pursues a buy-and-build investment strategy in essential, non-discretionary services industries, available to institutional limited partners (LPs).
- Bluejack Fire & Life Safety National provider of fire and life safety services offering inspection, testing, maintenance, repair, consulting engineering, and installation of alarm, sprinkler, extinguisher, and suppression systems for commercial, federal, critical energy, and industrial customers. Headquartered in Houston, TX.
- CompassMSP Managed IT services provider to small and mid-sized businesses across the US, offering managed IT services, cloud and software hosting, cybersecurity, and IT consulting. Headquartered in Hartford, CT.
- HighGrove Partners Provider of commercial landscape services focused on commercial lawncare maintenance and enhancement services in the Southeastern United States. Headquartered in Atlanta, GA.
- Titan Restoration Provider of commercial mitigation and restoration services offering water, fire, and storm damage restoration, mold remediation, biohazard cleanup, asbestos abatement, and reconstruction services. Headquartered in Phoenix, AZ.
Companies that use Agellus Capital
Customer profileSegments2 records
Ideal customer profiles2 records
Agellus Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Agellus Capital partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights6 records
Agellus Capital competitors and assessment
Company assessmentDirect peers
- Audax Private Equity: Lower-middle-market private equity firm focused on buy-and-build strategies in business services and healthcare. Agellus co-founder Beau Thomas was a Managing Director here, and the firms share a similar essential services investment philosophy and target company profile.
- Thompson Street Capital Partners: St. Louis-based middle-market PE firm focused on business services and consumer products. Multiple Agellus executives (Jeff Aiello, Joe Amadio, Tim Dubis, Luke Sutterer, Becky Lopez) previously worked at Thompson Street, making it a close operational and strategic comparable.
- MPE Partners: Lower-middle-market private equity firm headquartered in Cleveland focused on industrial and business services. Agellus Associate Slater Nalen came from MPE, and the firm uses a similar buy-and-build approach in fragmented services markets.
- WestView Capital Partners: Middle-market private equity firm focused on growth-oriented investments in business services. Agellus Principal Josh Kantor was previously a Vice President at WestView, and the firm shares comparable target sizes and sector focus.
- Aterian Investment Partners: Middle-market private equity firm focused on essential, non-discretionary services with a buy-and-build strategy. Agellus VP Tim Dubis previously worked at Aterian, and the firm pursues comparable fragmented services verticals.
- Longwater Opportunities: Lower-middle-market PE firm focused on industrial technology and business services. Agellus MD Justin Smith led sourcing efforts at Longwater, providing direct lineage and comparable strategy.
- Sentinel Capital Partners: Lower-middle-market PE firm focused on management buyouts of closely-held businesses in fragmented services and consumer markets. Comparable in target size, sector focus, and buy-and-build approach to Agellus's essential services thesis.
- Gryphon Investors: Lower-middle-market private equity firm focused on buy-and-build strategies in business services, consumer, and healthcare. Directly comparable to Agellus in target EBITDA range, sector focus, and acquisition pace.
- CommonView Capital: Lower-middle-market private equity firm based in the Midwest focused on business services and industrial companies. Agellus MD Barclay Nihill was previously a VP at CommonView, and the firm pursues comparable strategies and target sizes.
Broad incumbents
- Genstar Capital: Larger middle-market PE firm with exposure to business services, financial services, and industrial sectors. Broader incumbent player with a buy-and-build approach in select services verticals overlapping Agellus's focus areas.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Agellus Capital social profiles
Digital presenceAgellus Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Agellus Capital leadership team
Management profileNumber of profiles
Profiles13 records
Agellus Capital subsidiaries and ownership
Company hierarchySubsidiaries4 records
Agellus Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Agellus Capital M&A and investment
M&A and investmentM&A4 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Agellus Capital
What does Agellus Capital do?
Agellus Capital is a lower middle market private equity firm that invests in essential, non-discretionary services businesses through a buy-and-build strategy. The firm partners with management teams and founders across the US and Canada, providing capital, strategic guidance, M&A expertise, and operational support to scale companies through platform investments ($20M–$500M enterprise value; $2M–$25M EBITDA) and add-on acquisitions in fragmented markets.
Is Agellus Capital a public or private company?
Agellus Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Agellus Capital founded?
Agellus Capital was founded in 2024. It employs 11 to 50 people.
Where is Agellus Capital based?
Agellus Capital is headquartered in Clayton, United States, in the North America region.
How does Agellus Capital make money?
One revenue line is on record: fund Management.
Who are Agellus Capital's main competitors?
Direct peers on record are Audax Private Equity, Thompson Street Capital Partners, MPE Partners, WestView Capital Partners, Aterian Investment Partners, Longwater Opportunities, Sentinel Capital Partners, Gryphon Investors and CommonView Capital. Genstar Capital is listed as a broad incumbent.
Does Agellus Capital have an API?
No public API is recorded for Agellus Capital.
What industry is Agellus Capital in?
Agellus Capital's product category is Private Equity Management. Its primary akta.pro industry code is FSANAFAL, Emerging Manager / Small Fund Secondaries, with a secondary code of FSANACAA, Technology & Software Growth Equity. Its NAICS code is 523940 and its SIC code is 6282.