Monument MicroCap Partners
Monument MicroCap Partners is an independent private investment firm that acquires and recapitalizes lower middle market companies with $2-8 million in EBITDA across the United States and Canada, partnering with management teams and co-investing personal capital alongside them.
- Company typePrivate
- Founded2018
- HeadquartersIndianapolis, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Monument MicroCap Partners does
Monument MicroCap Partners, LLC is an independent private investment firm headquartered in Indianapolis, Indiana, with a regional office in Bloomfield Hills, Michigan. The firm was founded in 2018 and operates with a team of 1-10 employees. Monument targets businesses in the MicroCap segment of the lower middle market, defined as companies with $2-8 million in EBITDA, and pursues opportunities across the United States and Canada. The firm is led by a team with deep lineage at HKW (Hammond, Kennedy, Whitney & Company), including Chairman and Founding Partner Glenn Scolnik (former 11-year CEO of HKW) and Founding Partners Roy Whitney, Rob Troxel, and Jim Futterknecht. Monument partners with management teams of acquired companies, co-investing personal capital alongside them in the same equity securities to align incentives.
Monument generates returns through acquiring and recapitalizing MicroCap businesses, then driving value creation via operational improvements and add-on acquisitions. Revenue mechanics derive from investment returns, capital appreciation, and management fees or carried interest on its fund(s), though none of these figures are publicly disclosed. The firm employs a direct, relationship-driven sourcing approach via its website, press releases, and targeted outreach to management teams and intermediaries, rather than a broad intermediary or auction-driven process. The team's go-to-market emphasizes a hands-on, value-oriented style and decades of combined private equity and operating experience.
The active portfolio spans multiple verticals: lawn and garden products (EarthWay Products merged with Border Concepts in April 2026), healthcare IONM and revenue cycle management (Synergy IOM with NIHG Services recapitalized in February 2026), wellness and chiropractic services (Champion Wellness Centers, recapitalized March 2024 with five disclosed add-ons through January 2026), and roofing services (Kelly Roofing and Integrity Roofing & Gutters, merged January 2025). No pricing, AUM, fund vintage, or revenue figures are publicly disclosed, and Monument does not publish a technology platform, proprietary tooling, or AI/ML capabilities relevant to its investment process.
Monument MicroCap Partners firmographics
Firmographics- Name
- Monument MicroCap Partners
- Legal name
- Monument MicroCap Partners, LLC
- Website
- https://monumentmicrocap.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Monument MicroCap Partners is an independent private investment firm that acquires and recapitalizes lower middle market companies with $2-8 million in EBITDA across the United States and Canada, partnering with management teams and co-investing personal capital alongside them.
- Ownership category
- akta.pro rank
Monument MicroCap Partners industry classification
Industry- Product category
- Private Equity Investment
- NAICS
- Other Financial Investment Activities (5239)
- SIC
- Investors, Nec (6799), Investment Advice (6282)
- akta.pro primary industry
- Small-Cap / Micro-Buyout (FSANABAD)
Keywords
Where Monument MicroCap Partners is headquartered
LocationHeadquarters
- HQ city
- Indianapolis
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Monument MicroCap Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Private Equity Investment Returns: Monument generates returns through acquiring companies with $2-8 million in EBITDA, partnering with management teams, and creating value through operational improvements and add-on acquisitions. Revenue derives from investment returns, capital appreciation, and potentially management fees or carried interest.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Monument MicroCap Partners product offering
Product offeringCore offering
Monument MicroCap Partners is an independent private investment firm that acquires and recapitalizes MicroCap businesses — defined as companies with $2-8 million in EBITDA — across the United States and Canada. The firm partners with existing management teams to support long-term growth through a hands-on, value-oriented approach, including operational support and add-on acquisitions within portfolio companies.
Product overview
Monument MicroCap Partners is an independent private investment firm (not a technology product company) that operates as a single unified investment offering focused on the MicroCap private equity market. The firm targets businesses with $2-8 million in EBITDA across the United States and Canada, partnering with management teams for long-term growth. Their portfolio companies span diverse industries including lawn and garden products (EarthWay Products, Border Concepts), wellness services (Champion Wellness Centers), roofing services (Kelly Roofing), healthcare administration (NIHG Services, Synergy IOM), interior building products (PriveCo), and tooling/molding services (Micelli Chocolate Mold Company, Aztec Tooling & Injection Molding).
Differentiator
Problem solved
Functional benefit
Products and services
- Monument MicroCap Partners Investment Services
Companies that use Monument MicroCap Partners
Customer profileSegments1 record
Ideal customer profiles1 record
Monument MicroCap Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Monument MicroCap Partners partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- EarthWay ProductscoreEarthWay Products, LLC merged with Border Concepts as part of Monument's portfolio optimization strategy. EarthWay is based in Bristol, Indiana and is a manufacturer and designer of engineered precision lawn and garden products including spreaders, gardening tools, ice control equipment and related accessories with a history spanning more than 60 years.
- Border ConceptscoreBorder Concepts, LLC acquired EarthWay Products as part of the merger. Based in Charlotte, NC, Border Concepts is a designer, manufacturer, importer, and distributor of lawn and garden products serving landscape supply yards, independent garden centers, growers and mass market retailers. Founded in 1990, the company offers steel landscape edging, decorative wrought iron pieces, decorative pottery, planters, baskets, garden tools, and seasonal decor.
- NIHG Services, LLCcoreNIHG Services, LLC provides administrative and operational support services to healthcare providers across the United States, specializing in credentialing, contracting, and payor enrollment. NIHG represents the fourth recapitalization by Synergy IOM and the second recapitalization within its RCM segment.
- Synergy IOM, LLCcoreSynergy IOM LLC is a Monument portfolio company that provides Intraoperative Neurophysiological Monitoring (IONM) services for spinal, cranial, and pain management surgical procedures. Founded in 2012, the company also operates under names Vigilant and Satellite, and expanded into revenue cycle management through its Premier Billing acquisition.
- Champion Wellness CenterscoreChampion Wellness Centers is Monument's portfolio company that has completed multiple add-on acquisitions including NuVita Chiropractic (August 2025), Brandon Spine & Injury Center (February 2025), Dr. Lichter & Associates (October 2025), and Boca Chiropractic Spine & Wellness (January 2026). Champion operates wellness centers focused on chiropractic care and multidisciplinary services in Florida.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
Monument MicroCap Partners competitors and assessment
Company assessmentDirect peers
- Gauge Capital: Lower-middle-market PE firm targeting companies in the $20-200M revenue range with a focus on partnership-driven investing. Comparable target profile and management partnership model.
- Graycliff Partners: Lower-middle-market private equity firm with investments across industrial, business services, and consumer sectors. Comparable in target company size and management partnership approach.
- Shore Capital Partners: Chicago-based private equity firm focused on lower middle market MicroCap healthcare and business services companies. Comparable in check size, MicroCap focus, and active add-on acquisition strategy.
- Centre Partners: Lower-middle-market private equity firm focused on consumer, healthcare, and business services with typical equity investments of $25-150M. Similar management partnership model and target company size range.
- Huron Capital Partners: Detroit-based private equity firm investing in lower middle market companies with a focus on proprietary deal sourcing and partnership with management. Strong Midwest overlap with Monument and similar target EBITDA range.
- CIVC Partners: Chicago-based private equity firm focused on the lower middle market with a partnership approach to building businesses. Comparable in target EBITDA range, geographic Midwest focus, and management partnership model.
- Quad-C Management: Lower middle market PE firm headquartered in Charlottesville, VA, focused on companies with $10-100M in revenue. Comparable check size, partnership model with management teams, and emphasis on operational improvements.
- Hammond, Kennedy, Whitney & Company (HKW): Lower-middle-market private equity firm from which Monument's founders (Glenn Scolnik, Roy Whitney, Jim Futterknecht, Tim Hildebrand) originated. Operates in the same MicroCap segment with an almost identical investment thesis, making it the most direct comparable.
Broad incumbents
- TPG Capital: Large global alternative asset manager that has increasingly moved into lower-middle-market investing via dedicated funds. Adjacent peer illustrating the broader competitive context and large-cap sponsor activity that may push downstream toward Monument's segment.
- Main Street Capital: Publicly traded private investment firm focused on lower middle market debt and equity investments. Overlaps with Monument's MicroCap focus but operates at much larger scale with permanent capital and a debt focus.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Monument MicroCap Partners social profiles
Digital presenceMonument MicroCap Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Monument MicroCap Partners leadership team
Management profileNumber of profiles
Profiles8 records
Monument MicroCap Partners subsidiaries and ownership
Company hierarchySubsidiaries7 records
Monument MicroCap Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Monument MicroCap Partners M&A and investment
M&A and investmentM&A1 record
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Monument MicroCap Partners
What does Monument MicroCap Partners do?
Monument MicroCap Partners is an independent private investment firm that acquires and recapitalizes MicroCap businesses — defined as companies with $2-8 million in EBITDA — across the United States and Canada. The firm partners with existing management teams to support long-term growth through a hands-on, value-oriented approach, including operational support and add-on acquisitions within portfolio companies.
Is Monument MicroCap Partners a public or private company?
Monument MicroCap Partners is a private company. It is classified as management employee owned and is currently operating.
When was Monument MicroCap Partners founded?
Monument MicroCap Partners was founded in 2018. It employs 1 to 10 people.
Where is Monument MicroCap Partners based?
Monument MicroCap Partners is headquartered in Indianapolis, United States, in the North America region.
How does Monument MicroCap Partners make money?
One revenue line is on record: private Equity Investment Returns.
Who are Monument MicroCap Partners's main competitors?
Direct peers on record are Gauge Capital, Graycliff Partners, Shore Capital Partners, Centre Partners, Huron Capital Partners, CIVC Partners, Quad-C Management and Hammond, Kennedy, Whitney & Company (HKW). Broad incumbents are TPG Capital and Main Street Capital.
Does Monument MicroCap Partners have an API?
No public API is recorded for Monument MicroCap Partners.
What industry is Monument MicroCap Partners in?
Monument MicroCap Partners's product category is Private Equity Investment. Its primary akta.pro industry code is FSANABAD, Small-Cap / Micro-Buyout. Its NAICS code is 5239 and its SIC code is 6799.