GHK Capital Partners

What GHK Capital Partners does

GHK Capital Partners LP is a Greenwich, Connecticut-based middle-market private equity firm founded in 2018 by Gilbert H. Klemann. The firm pursues control investments in industrial companies across North America, targeting businesses with $20-50+ million of EBITDA and deploying equity checks of $100-300+ million per transaction. GHK manages approximately $2.8+ billion in assets under management across two institutional funds—Fund I ($410M, raised March 2022) and Fund II ($870M, raised October 2024)—with a portfolio spanning manufacturing, distribution and logistics, building products, industrial services, testing/inspection/controls, automotive, and packaging sectors.

The firm differentiates itself through a relationship-driven, organic-growth-focused investment approach that contrasts with traditional middle-market PE reliance on financial leverage and cost optimization. Rather than imposing aggressive cost-cutting, GHK positions itself as a collaborative strategic partner to management teams, emphasizing professionalization, sales strategy evolution, and repeatable long-term value creation. Current and recently active portfolio companies include architecture/engineering platform CPL (acquired February 2026), specialty HVAC/plumbing provider Corvant (formerly Rogers Building Solutions, acquired August 2025), transportation/logistics company Horizon Global, national design firm WSB Engineering, packaging company JohnsByrne, and automotive aftermarket distributor Auveco.

GHK's revenue model is driven by traditional private equity mechanics—management fees on committed/invested capital, carried interest on profitable exits, and co-investment economics. The firm has realized notable exits including the $520 million sale of Supreme Cabinetry Brands to MasterBrand (July 2024) and the divestiture of ITS Logistics to Echo Global Logistics (definitive agreement January 2026, closed March 2026; combined entity pro forma 2025 revenue of approximately $5.4 billion). Deal sourcing is relationship-driven through a network of consulting partners, lenders, and banker/brokers—an approach the firm is now formalizing through a newly defined Head of Strategic Relationships role. The firm employs approximately 15-20 professionals across partners, principals, vice presidents, associates, and support staff.

Name

GHK Capital Partners

Legal name

GHK Capital Partners LP

Website

https://ghk.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

GHK Capital Partners is a Greenwich, Connecticut-based middle-market private equity firm that makes control investments of $100-300 million in North American industrial companies with $20-50+ million EBITDA, managing $2.8+ billion in AUM across two funds.

Ownership category

akta.pro rank

Product category

Middle-Market Private Equity / Industrial Sector Investments

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSANABAD

Small-Cap / Micro-Buyout

Financial & Insurance/Private Equity & Venture Capital/Private Equity Firms (Buyout)

Keywords

• Middle-market private equity
• Industrial sector investments
• Control buyout investing
• Portfolio company management
• Private equity funds

Headquarters

HQ city

Greenwich

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Private Equity Returns: GHK Capital generates returns through control investments in middle-market industrial companies. The firm seeks to maximize long-term enterprise value through consistent and repeatable organic growth strategies, operational improvements, and strategic partnerships with management teams. Returns are realized through portfolio company exits via strategic sales, recapitalizations, and other liquidity events.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

GHK Capital Partners LP is a middle-market private equity firm that makes control investments in industrial companies across North America. The firm targets established businesses with $20-50+ million EBITDA and deploys equity checks of $100-300+ million per transaction. It manages two private equity funds with approximately $2.8+ billion in total assets under management, providing portfolio companies with capital, strategic guidance, and operational support to drive long-term organic growth.

Product overview

GHK Capital Partners LP is a middle-market private equity firm founded in 2018, focused on control investments in industrial companies across North America. The firm targets businesses with $20-50+ million EBITDA and manages approximately $2.8+ billion in assets under management across two funds. Rather than offering a unified product platform, GHK operates through a portfolio of acquired industrial companies spanning sectors including architecture/engineering (CPL), MEP services (Corvant), transportation/logistics (Horizon Global, ITS Logistics), design/consulting (WSB Engineering), packaging (JohnsByrne), automotive aftermarket distribution (Auveco), specialty chemicals distribution (Hasa), building products (Supreme Cabinetry Brands), and infrastructure services (Brown & Settle). The firm's investment strategy focuses on manufacturing, distribution and logistics, building products, industrial services, testing/inspection/controls, automotive, and packaging sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• GHK Fund I GHK's inaugural private equity fund, raised as an oversubscribed $410 million fund in March 2022 for control investments in middle-market industrial companies in North America.
• GHK Fund II GHK's second private equity fund, raised at $870 million in October 2024, deploying equity investments of $100-300+ million into industrial companies with $20-50+ million EBITDA across North America.

Named customers6 records

Segments8 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Consulting Partners, Lenders, and Banker/Broker NetworkscoreStrategic or Co-development Partner · 19 May 2026Ben Stolbach was appointed as Head of Strategic Relationships, a newly defined role focused on deepening the firm's external relationships and business development. This role oversees relationships with consulting partners, lenders, and banker/broker networks, while continuing to serve on GHK's Investment Committee and portfolio company boards. Gil Klemann, Founder and Managing Partner, stated that the appointment reflects Stolbach's track record and the firm's goal of institutionalizing its relationship-driven investment approach.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Audax Group: Audax Group is a leading middle-market private equity firm executing control buyouts and platform investments. Directly comparable to GHK on fund size, middle-market industrials focus, and relationship-driven sourcing model.
• Wynnchurch Capital: Wynnchurch is a middle-market PE firm focused on industrials, business services, and consumer. Closely comparable to GHK on industrials sector focus, middle-market control investments, and operationally intensive value creation.
• American Industrial Partners: AIP is a private equity firm focused exclusively on industrial businesses, with a similar middle-market industrial sector specialization to GHK's. Directly comparable on target sector, transaction size, and operational orientation.
• Sun Capital Partners: Sun Capital is a middle-market PE firm focused on industrial, consumer, and business services buyouts. Comparable to GHK on middle-market control investments, fund size, and operations-led value creation.
• Platte River Equity: Platte River is a middle-market PE firm focused on industrials and consumer products. Comparable to GHK on industrial sector focus, middle-market deal size, and growth-oriented value creation playbook.

Broad incumbents

• Madison Dearborn Partners: MDP is a well-established private equity firm with significant industrials exposure across middle-market and larger transactions. Comparable on industrials sector focus, but materially larger fund sizes and longer track record than GHK.
• Centerbridge Partners: Centerbridge is a diversified private investment firm with substantial middle-market industrials and business services exposure. Comparable on sector overlap but operates with larger fund vintages and broader strategies than GHK.
• Bain Capital: Bain Capital is a global alternative investment firm with active middle-market and industrials franchises. Comparable on industrial sector exposure but operates at materially greater scale and with a broader strategy portfolio.
• KKR: KKR is a global mega-cap PE firm with significant middle-market and industrials exposure through KKR's Americas and Capstone platforms. Comparable on industrials sector focus but operates at substantially larger fund and enterprise scale than GHK.
• The Carlyle Group: Carlyle is a global mega-cap PE firm with significant middle-market industrials exposure. Comparable on sector overlap but operates at materially larger fund sizes and with a longer institutional track record than GHK.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ghkcapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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

M&A4 records

Investments

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

Frequently asked questions about GHK Capital Partners