Nokomis Capital

What Nokomis Capital does

Nokomis Capital is a privately held Minnesota-based investment firm that acquires and operates small businesses across the state under an owner-operator model. Founded by Dan Remington, a commercial finance attorney based in South Minneapolis, the firm targets established businesses with $250K–$2M in annual revenue operating in recession-resilient essential services sectors. The firm is structured as an LLC, wholly founder-owned with no institutional backing, and operates from a single Minneapolis headquarters. Its sole product is direct acquisition and long-term stewardship of Minnesota small businesses, with positioning centered on legacy preservation, employee continuity, and decades-long holding periods rather than short-term extraction.

Distribution is exclusively relationship-based, relying on Remington's professional network within the Minneapolis finance and business community; there is no traditional marketing channel, no productized service offering, and no pricing model. The firm's "customers" are effectively retiring or transitioning small business owners in Minnesota seeking a trustworthy buyer, with the firm filtering for businesses that have proven track records and established teams. No revenue, headcount, or management fee data is disclosed, and the firm is bootstrapped with no funding rounds.

In addition to its private business acquisition activity, Nokomis Capital appears to deploy capital into public securities. On February 17, 2026, the firm initiated a $5.68 million position (479,576 shares) in Apple Hospitality REIT, representing 1.35% of its assets under management—implying AUM of roughly $420M though this likely reflects founder-level capital rather than third-party managed funds. No technology stack, AI capabilities, or productized offerings beyond direct business acquisition are documented.

Name

Nokomis Capital

Legal name

Nokomis Capital LLC

Website

https://nokomiscap.com

Company type

Private

Operating status

Operating

Short description

Nokomis Capital is a privately held, founder-operated investment firm based in Minneapolis that acquires and stewards small Minnesota businesses with $250K–$2M in annual revenue, targeting recession-resilient essential services for retiring owners seeking legacy-preserving exits.

Ownership category

akta.pro rank

Product category

Private Equity / Small Business Acquisition

NAICS

Offices of Other Holding Companies (551112), Management of Companies and Enterprises (551)

SIC

Investors, Nec (6799), Finance Services (6199)

akta.pro primary industry

Small-Cap / Micro-Buyout (FSANABAD)

akta.pro secondary industry

Managed Account / SMA Multi-Manager Platforms (FSANAGAL)

Keywords

• Small business acquisition
• Private equity investing
• Business stewardship
• Minnesota business acquisitions
• Owner-operator investing

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Distribution channels1 record

Marketing channels1 record

Core offering

Nokomis Capital acquires and operates small businesses across Minnesota, focusing on preserving business legacies, supporting employees, and providing long-term ownership. The firm targets established businesses with proven track records, typically generating $250K-$2M in annual revenue, in recession-resilient industries such as essential services.

Product overview

Nokomis Capital is a business acquisition firm that acquires and stewards small businesses exclusively in Minnesota. The company operates under a single unified offering: acquiring established businesses with proven revenue history ($250K-$2M annually), recession-resilient business models, and strong teams in place. The firm is led by Dan Remington, a commercial finance attorney based in Minneapolis, who takes a hands-on, owner-operator approach with a focus on long-term stewardship rather than short-term extraction.

Differentiator

Problem solved

Functional benefit

Products and services

• Minnesota Business Acquisitions Nokomis Capital acquires and operates small businesses across Minnesota, focusing on preserving business legacies, supporting employees, and providing long-term ownership. The offering targets established businesses with proven track records, typically $250K-$2M in annual revenue, in recession-resilient industries such as essential services, and is aimed at business owners seeking a clean exit or transition.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Expansion highlights3 records

Market position

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments2 records

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

Frequently asked questions about Nokomis Capital