The Duchossois Group
The Duchossois Group is a privately-held, family-controlled diversified conglomerate founded in 1921 with over $3 billion in operating companies and investments. Through Duchossois Capital Management, it deploys long-term capital and operational expertise into select portfolio companies across healthcare services, behavioral health, and insurance administration technology.
- Company typePrivate
- Founded2013
- HeadquartersElmhurst, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What The Duchossois Group does
The Duchossois Group is a privately-held, family-controlled diversified conglomerate founded in 1921 and headquartered in Elmhurst, Illinois, with its principal investment arm Duchossois Capital Management (DCM) based at 444 W. Lake St., Suite 2000 in Chicago. The group holds operating companies and investments valued in excess of $3 billion and employs 5,001-10,000 people across its portfolio.
Duchossois Capital Management was launched in 2013 as the group's dedicated private investment platform. Rather than offering discrete products, DCM operates a single, unified investment vehicle that deploys long-term capital and provides operational expertise to management teams, fund managers, and strategic partners. Its documented go-to-market is relationship-driven: distribution flows through direct professional network referrals and partnership channels rather than broad marketing, and pricing is not applicable in the conventional sense given the firm's investment model.
The group's disclosed portfolio spans three named select investments: Sevita (home and community-based care for adults and children with intellectual and developmental disabilities or brain injuries), NBH/Novum Health (capitated managed care services in behavioral health), and Illumifin (third-party administration and technology services to individual and group insurers). Outside DCM, the group has executed inorganic moves such as the 2014 acquisition of Controlled Products Systems Group. Leadership is anchored by founder and chairman Richard Duchossois and family member Craig J. Duchossois (VP & CFO), supplemented by external executives including EVP & CFO Michael E. Flannery and board director Donna Zarcone. No public listings, funding rounds, or revenue disclosures exist; the firm relies on its century-long operating heritage and direct relationship channels as the foundation of its competitive position.
The Duchossois Group firmographics
Firmographics- Name
- The Duchossois Group
- Legal name
- Duchossois Capital Management
- Website
- https://duch.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- The Duchossois Group is a privately-held, family-controlled diversified conglomerate founded in 1921 with over $3 billion in operating companies and investments. Through Duchossois Capital Management, it deploys long-term capital and operational expertise into select portfolio companies across healthcare services, behavioral health, and insurance administration technology.
- Ownership category
- akta.pro rank
The Duchossois Group industry classification
Industry- Product category
- Private Equity Investment Holding
- NAICS
- Offices of Other Holding Companies (551112), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)
- akta.pro secondary industry
- Single-Family Offices (SFOs) (FSAAADAA)
Keywords
Where The Duchossois Group is headquartered
LocationHeadquarters
- HQ city
- Elmhurst
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The Duchossois Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Distribution channels1 record
Marketing channels1 record
The Duchossois Group product offering
Product offeringCore offering
The Duchossois Group is a privately-held family-controlled conglomerate whose operating companies and investments are valued in excess of $3 billion. Through its subsidiary Duchossois Capital Management, the firm deploys long-term capital, operational expertise, and strategic guidance to management teams, fund managers, and strategic partners. The investment portfolio spans healthcare services (Sevita), behavioral health managed care (NBH/Novum Health), and insurance technology administration (Illumifin).
Product overview
Duchossois Capital Management is a private investment firm launched in 2013 by the Duchossois Group. The firm operates as a single, unified investment platform offering capital deployment, operational expertise, and long-term strategic vision to management teams, fund managers, and partners across various sectors. The company's investment portfolio spans healthcare services (Sevita), behavioral health managed care (NBH), and insurance technology administration (Illumifin). Rather than offering modular software products, the firm's core offering is its investment and operational expertise, leveraging 100 years of operating heritage from its parent company.
Differentiator
Problem solved
Functional benefit
Products and services
- Private Investment and Operational Partnership (Duchossois Capital Management)
- Sevita Portfolio Company (Home and Community-Based Care)
- NBH / Novum Health Portfolio Company (Behavioral Health Managed Care)
- Illumifin Portfolio Company (Insurance Administration and Technology Services)
Companies that use The Duchossois Group
Customer profileSegments3 records
Ideal customer profiles2 records
The Duchossois Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Duchossois Group partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights4 records
The Duchossois Group competitors and assessment
Company assessmentDirect peers
- Pritzker Private Capital: Family-controlled (Pritzker family) buyout firm making long-duration, operationally-engaged investments in North American companies. Closely comparable to Duchossois Capital Management in patient-capital model, family governance, and focus on management-team partnerships.
- Waud Capital Partners: Lower-middle-market private equity firm founded by the Waud family providing growth capital and operational expertise to healthcare, business services, and industrial companies. Comparable long-term orientation and operational partnership model to Duchossois Capital Management.
- RGJS Family Office (Rales family): Family investment vehicle of Danaher founder Steve Rales, deploying direct private investments across operating businesses. Comparable as a single-family-office direct investment platform with operating orientation, similar in scale and family-controlled governance to The Duchossois Group.
- Continental Grain Company: Multi-generational, family-controlled (Cargill/Millet family heritage) holding company with operating businesses and direct investments across food, agribusiness, and consumer. Structurally analogous to The Duchossois Group as a privately-held, multi-decade family conglomerate with a direct-investing arm.
Broad incumbents
- Bessemer Trust: One of the largest multi-family offices in the U.S., providing investment advisory, trust, and wealth management services to ultra-high-net-worth families. Comparable to The Duchossois Group in serving family wealth but operates as a multi-family advisor rather than a direct investing platform.
- Pathstone: Independent, family-owned (formerly Veritable) multi-family office providing investment advisory, direct investing, and family office services. Comparable as a family-controlled investment platform, though more diversified across advisory and external families.
- Whittier Trust: Multi-generational, family-controlled wealth management firm serving ultra-high-net-worth families with investment management, trust, and private banking services. Comparable to Duchossois in family heritage and full-service wealth stewardship orientation.
- Brown Family Holdings (Brown-Forman): Family-controlled parent of Brown-Forman spirits company with diversified investment activities outside the operating business. Comparable to The Duchossois Group as a family-controlled diversified holding entity, though significantly larger and publicly listed.
Emerging players
- Linden Capital Partners: Healthcare-focused private equity firm making control investments across healthcare services and products. Comparable to Duchossois's healthcare concentration (Sevita, NBH, Illumifin) but operates as a traditional institutional fund rather than a family platform.
- Centerbridge Partners: Multi-strategy investment firm with significant credit and control-equity capabilities, including healthcare and financial services exposure. Comparable in size and cross-sector reach, though structured as a traditional fund manager rather than a family-controlled entity.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
The Duchossois Group social profiles
Digital presenceThe Duchossois Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Duchossois Group leadership team
Management profileNumber of profiles
Profiles4 records
The Duchossois Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Duchossois Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Duchossois Group
What does The Duchossois Group do?
The Duchossois Group is a privately-held family-controlled conglomerate whose operating companies and investments are valued in excess of $3 billion. Through its subsidiary Duchossois Capital Management, the firm deploys long-term capital, operational expertise, and strategic guidance to management teams, fund managers, and strategic partners. The investment portfolio spans healthcare services (Sevita), behavioral health managed care (NBH/Novum Health), and insurance technology administration (Illumifin).
Is The Duchossois Group a public or private company?
The Duchossois Group is a private company. It is classified as family owned and is currently operating.
When was The Duchossois Group founded?
The Duchossois Group was founded in 2013. It employs 5,001 to 10,000 people.
Where is The Duchossois Group based?
The Duchossois Group is headquartered in Elmhurst, United States, in the North America region.
Who are The Duchossois Group's main competitors?
Direct peers on record are Pritzker Private Capital, Waud Capital Partners, RGJS Family Office (Rales family) and Continental Grain Company. Broad incumbents are Bessemer Trust, Pathstone, Whittier Trust and Brown Family Holdings (Brown-Forman). Emerging players are Linden Capital Partners and Centerbridge Partners.
Does The Duchossois Group have an API?
No public API is recorded for The Duchossois Group.
What industry is The Duchossois Group in?
The Duchossois Group's product category is Private Equity Investment Holding. Its primary akta.pro industry code is FSAAADAH, Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest), with a secondary code of FSAAADAA, Single-Family Offices (SFOs). Its NAICS code is 551112 and its SIC code is 6282.