Broadwing Capital Management
Broadwing Capital Management is a Dallas-based private equity firm founded in 2022 that partners with management teams to acquire and build manufacturing and services companies in the North American lower middle market, targeting platforms with $5-25M+ EBITDA through buy-and-build and control investments.
- Company typePrivate
- Founded2022
- HeadquartersDallas, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Broadwing Capital Management does
Broadwing Capital Management is a Dallas-based private equity firm founded in 2022 by Eliot Kerlin Jr. (formerly Managing Partner at Insight Equity) and Andrew Boisseau (formerly Partner at Insight Equity). The firm pursues control investments in North American-based companies with $5–25M+ EBITDA in the manufacturing and services sectors, focusing on founder-, family-, or entrepreneur-owned businesses seeking succession, growth capital, or buy-and-build partners. Its core technology is not a software product but a codified operating model: the trademarked Broadwing Playbook™ (incorporating Fortify the Foundation™ and Company-Specific Game Plan) and the Broadwing Flight Path™ methodology, both of which systematize sourcing, diligence, value creation, and exit execution across portfolio companies.
The firm has deployed approximately $750 million of equity across more than 70 acquisitions, building four named platforms: Forte Technologies (managed IT/cloud/security for SMBs, formed by combining CloudScale365, Valeo Networks, and PCS International), Upchurch Companies (family-owned Mississippi-based MEP services provider since 1970, partnered with Davidson Kempner Capital Management), LEHR (emergency vehicle equipment distributor/upfitter with 30+ locations and a sustained add-on roll-up across the Southeast, Pacific Northwest, Midwest, and Ohio), and Reroof Partners (Southeast commercial roofing services). Operational support is delivered through an internal investment team supplemented by a Broadwing Resource Group of executive subject-matter experts and an Operators Advisory Council of seasoned operators.
Revenue is generated through three streams: ongoing management fees on committed capital under management (subscription/recurring economics), carried interest/performance fees on investment returns above specified thresholds (transaction-based), and transaction/advisory fees on deal execution and portfolio company advisory work. The firm is privately held, structured as Broadwing Capital Management, LLC in Texas, and does not publicly disclose revenue, LP composition, or fund returns. Its go-to-market is direct, relationship-driven deal sourcing supplemented by podcast presence, earned media, and industry event participation.
Broadwing Capital Management firmographics
Firmographics- Name
- Broadwing Capital Management
- Legal name
- Broadwing Capital Management, LLC
- Website
- https://broadwingcap.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Broadwing Capital Management is a Dallas-based private equity firm founded in 2022 that partners with management teams to acquire and build manufacturing and services companies in the North American lower middle market, targeting platforms with $5-25M+ EBITDA through buy-and-build and control investments.
- Ownership category
- akta.pro rank
Broadwing Capital Management industry classification
Industry- Product category
- Private Equity Investment Management
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Multi-Sector / Generalist Growth Equity (FSANACAO)
Keywords
Where Broadwing Capital Management is headquartered
LocationHeadquarters
- HQ city
- Dallas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Broadwing Capital Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Management Fees: Ongoing management fees charged on committed capital under management
- Carried Interest / Performance Fees: Performance-based fees earned on investment returns above specified thresholds
- Transaction / Advisory Fees: Fees earned on deal execution and advisory services for portfolio companies
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Broadwing Capital Management product offering
Product offeringCore offering
Broadwing Capital Management is a Dallas-based private equity firm that makes control-equity investments in North American lower middle market manufacturing and services companies with $5-25M+ EBITDA. The firm partners with founder, family, and entrepreneur-owned businesses through buy-and-build strategies, management buyouts, and complex situations, deploying capital from its Fund I LP and providing active operational support via the Broadwing Playbook™ methodology and Operators Advisory Council.
Product overview
Broadwing Capital Management is a Dallas-based private equity firm that operates as a platform for building companies in the manufacturing and services sectors. Rather than offering a unified software product, the firm manages a portfolio of distinct portfolio companies including Forte Technologies (managed IT, cloud, hosting, and security solutions), Upchurch Companies (mechanical, electrical and plumbing services), LEHR (emergency vehicle equipment distribution and upfitting), and Reroof Partners (commercial roofing services). The investment strategy focuses on companies with $5-25M+ EBITDA in North American-based businesses across manufacturing sectors (plastics, automotive, building products, food & beverage) and services sectors (commercial/industrial, repair & maintenance, environmental, infrastructure).
Differentiator
Problem solved
Functional benefit
Brands
- Broadwing Playbook: Systematic approach to value creation utilized by the firm for portfolio companies
- Broadwing Flight Path
- Forte Technologies
Products and services
- Broadwing Capital Fund I LP Private equity fund vehicle through which Broadwing Capital Management deploys control-equity capital into North American lower middle market manufacturing and services companies with $5-25M+ EBITDA, available for subscription by institutional limited partners and qualified investors.
- Broadwing Operational Partnership Program Active operational partnership service delivered to portfolio companies, encompassing the Broadwing Playbook™ systematic value creation methodology, Fortify the Foundation™ baseline assessment, Company-Specific Game Plan, and engagement of the Operators Advisory Council and Broadwing Resource Group to drive operational enhancement and buy-and-build execution.
Quantifiable outcome
- 70+ acquisitions completed by the team
- +1 more outcomes
Companies that use Broadwing Capital Management
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles2 records
Broadwing Capital Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Broadwing Capital Management partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor.
- McGuireWoods LLPminorLegal counsel advising Broadwing on the Campany Roof Maintenance transaction.
- Citizens M&A AdvisoryminorM&A advisory services provider advising Broadwing on the Campany transaction.
- BlackArch PartnersminorAdvised on the sale of East Coast Emergency Lighting (LEHR) to Broadwing Capital.
- Horne CapitalminorServed as exclusive financial advisor to Upchurch Companies on the strategic growth investment.
Scale indicators3 records
Recent moves7 records
Expansion highlights4 records
Broadwing Capital Management competitors and assessment
Company assessmentDirect peers
- Olympus Partners: Olympus Partners is a Stamford-based private equity firm focused on control investments in lower middle market consumer, business services, and industrial products companies. It pursues a buy-and-build strategy targeting founder and family-owned businesses in a similar EBITDA range to Broadwing.
- Trinity Hunt Partners: Trinity Hunt Partners is a Dallas-based private equity firm focused on control investments in lower middle market industrial, consumer, and business services companies. Blake Richardson previously worked at Trinity Hunt, and the firm pursues a similar EBITDA range and operational partnership model as Broadwing.
- Insight Equity: Insight Equity is a Dallas-based lower middle market private equity firm focused on industrial, consumer, and services companies. Both Broadwing founders (Eliot Kerlin and Andrew Boisseau) previously served as Managing Partner and Partner at Insight Equity, making it the most directly comparable peer in thesis, geography, and team lineage.
- Juggernaut Capital Partners: Juggernaut Capital Partners is a lower middle market private equity firm focused on industrial and consumer services companies. Vice President Will Rucker joined Broadwing from Juggernaut, indicating a closely aligned sector focus and investment size targeting.
- Harvest Partners: Harvest Partners is a New York-based private equity firm focused on control investments in lower middle market industrial, business services, and consumer companies. It pursues a similar buy-and-build strategy and operational partnership approach as Broadwing, competing for many of the same founder-owned targets.
- CenterOak Partners: CenterOak Partners is a Dallas-based private equity firm focused on control investments in lower middle market consumer, industrial, and business services companies with $20-200M EBITDA. Managing Director Blake Richardson joined Broadwing from CenterOak, indicating a closely aligned investment thesis and operating approach.
- Elm Creek Partners: Elm Creek Partners is a Dallas-based private equity firm focused on control investments in lower middle market industrial and consumer companies. Partner J.J. Barto joined Broadwing from Elm Creek Partners, establishing a direct comparable in geography, sector focus, and operational partnership approach.
Broad incumbents
- Stone Point Capital: Stone Point Capital is an established private equity firm focused on control investments in financial and business services companies. While it focuses more on services-oriented verticals, its operational partnership approach and lower middle market orientation make it a comparable peer for Broadwing's services-heavy investment thesis.
- HIG Capital: HIG Capital is a large global private equity firm with a dedicated lower middle market fund focused on control investments across industrial, services, and consumer companies. It competes directly with Broadwing in the same EBITDA range and offers a comparable operational partnership model but at significantly larger scale.
- Sun Capital Partners: Sun Capital Partners is a larger established private equity firm focused on control investments in lower middle market consumer, industrial, and distribution companies. Several Broadwing team members previously worked at Sun Capital, and it pursues a comparable operational partnership model but at materially larger AUM scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Broadwing Capital Management social profiles
Digital presenceBroadwing Capital Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Broadwing Capital Management leadership team
Management profileNumber of profiles
Profiles17 records
Broadwing Capital Management subsidiaries and ownership
Company hierarchySubsidiaries4 records
Broadwing Capital Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Broadwing Capital Management M&A and investment
M&A and investmentM&A2 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Broadwing Capital Management
What does Broadwing Capital Management do?
Broadwing Capital Management is a Dallas-based private equity firm that makes control-equity investments in North American lower middle market manufacturing and services companies with $5-25M+ EBITDA. The firm partners with founder, family, and entrepreneur-owned businesses through buy-and-build strategies, management buyouts, and complex situations, deploying capital from its Fund I LP and providing active operational support via the Broadwing Playbook™ methodology and Operators Advisory Council.
Is Broadwing Capital Management a public or private company?
Broadwing Capital Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Broadwing Capital Management founded?
Broadwing Capital Management was founded in 2022. It employs 1 to 10 people.
Where is Broadwing Capital Management based?
Broadwing Capital Management is headquartered in Dallas, United States, in the North America region.
How does Broadwing Capital Management make money?
Three revenue lines are on record. Management Fees are the primary driver. The others are carried Interest / Performance Fees and transaction / Advisory Fees.
Who are Broadwing Capital Management's main competitors?
Direct peers on record are Olympus Partners, Trinity Hunt Partners, Insight Equity, Juggernaut Capital Partners, Harvest Partners, CenterOak Partners and Elm Creek Partners. Broad incumbents are Stone Point Capital, HIG Capital and Sun Capital Partners.
Does Broadwing Capital Management have an API?
No public API is recorded for Broadwing Capital Management.
What industry is Broadwing Capital Management in?
Broadwing Capital Management's product category is Private Equity Investment Management. Its primary akta.pro industry code is FSANACAO, Multi-Sector / Generalist Growth Equity. Its NAICS code is 52394 and its SIC code is 6282.