Timmerman Capital

What Timmerman Capital does

Timmerman Capital is a privately-held investment firm headquartered at 800 N High St., Columbus, Ohio, that acquires majority stakes in established U.S. small businesses. The firm targets owner/founder-led businesses with $1M to $10M+ in EBITDA across three sectors — B2B Services, SaaS, and B2C Services — located anywhere within the Continental United States. It explicitly accommodates both full exits (where the owner transitions out completely) and partial exits (where the owner stays post-acquisition or rolls equity into the new entity). Transactions are negotiated individually based on business valuation and deal structure rather than via standardized pricing.

The firm's value-creation thesis rests on two wholly-owned operating subsidiaries. Caret helps B2B companies transition to outbound sales and marketing processes that are scalable, predictable, and economically viable. Parago helps B2B founder-led companies identify and fix process bottlenecks with technology and automation. Together, these subsidiaries are positioned as go-to-market and operational improvement levers for acquired portfolio companies — differentiating Timmerman from capital-only acquirers.

The team consists of three principals — Josh Whitt (Principal; Ohio State and University of Michigan background), Mohammad Ehaab (Partner; automotive industry background, University of Michigan MBA), and Pat Beal (Partner per the website; former mechanical engineer turned product leader). The firm is fully funded through committed capital from local Midwest investors and pursues a transaction-fee-style revenue model tied to acquisition activity and downstream value creation. No disclosed revenue, AUM, closed transactions, or founding date are available.

Name

Timmerman Capital

Legal name

Timmerman Capital

Website

https://timmermancap.com

Company type

Private

Operating status

Operating

Short description

Timmerman Capital is a Columbus, Ohio-based private investment firm acquiring majority stakes in U.S. small businesses ($1M–$10M+ EBITDA) across B2B Services, SaaS, and B2C Services, leveraging subsidiaries Caret and Parago to grow portfolio companies.

Ownership category

akta.pro rank

Product category

Private Equity / Small Business Acquisition

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-PE / Lower Middle Market ETA Funds (FSANALAG)

akta.pro secondary industry

Small-Cap / Micro-Buyout (FSANABAD)

Keywords

• Small business acquisitions
• Search fund investing
• Business succession planning
• Lower middle market
• Majority stake acquisitions

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Business Acquisition and Value Creation: Timmerman Capital acquires majority stakes in established small businesses, either helping owners transition out completely or partnering alongside them. Revenue is generated through value creation and eventual exit or growth of acquired businesses. The firm is backed by local Midwest investors and operates through subsidiaries Caret (B2B outbound sales/marketing services) and Parago (process bottleneck identification and technology/automation services) to drive growth in portfolio companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Timmerman Capital is a Columbus, Ohio-based investment firm that acquires majority stakes in privately-held small businesses with $1M to $10M+ in EBITDA across B2B Services, SaaS, and B2C Services. The firm either helps current owners transition out of the business or partners alongside them, and drives portfolio growth through wholly-owned subsidiaries Caret (B2B outbound sales and marketing) and Parago (process automation for B2B founder-led companies).

Product overview

Timmerman Capital is a Columbus, Ohio-based investment firm that acquires and operates existing small businesses, either helping current owners transition out or partnering alongside them. The firm drives growth through two primary subsidiaries: Caret (B2B outbound sales and marketing processes) and Parago (process bottleneck identification and automation for B2B founder-led companies). The investment firm targets businesses with $1M to $10M+ in EBITDA across B2B Services, SaaS, and B2C Services sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Caret Caret is Timmerman Capital's wholly-owned subsidiary that helps B2B companies transition to outbound sales and marketing processes that are scalable, predictable, and economically viable. It is offered to B2B companies, including those in Timmerman Capital's portfolio.
• Parago Parago is Timmerman Capital's wholly-owned subsidiary that helps B2B founder-led companies identify and fix process bottlenecks with technology and automation. It is offered to B2B founder-led companies, including those in Timmerman Capital's portfolio.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• CaretcoreStrategic or Co-development PartnerSubsidiary of Timmerman Capital that helps B2B companies transition to outbound sales and marketing processes that are scalable, predictable, and economically viable. Operates as a core growth driver for Timmerman Capital's portfolio companies.
• ParagocoreStrategic or Co-development PartnerSubsidiary of Timmerman Capital that helps B2B founder-led companies identify and fix process bottlenecks with technology and automation. Operates as a core operational improvement driver for Timmerman Capital's portfolio companies.

Scale indicators3 records

Recent moves1 record

Expansion highlights4 records

Others

• Kirsebom Capital: Specialized search fund investor providing equity capital to ETA sponsors acquiring small businesses; comparable as an ecosystem participant and potential LP for Timmerman's acquisition activities.

Direct peers

• Acquco: Acquires, operates, and grows small-to-mid sized businesses (initially e-commerce/consumer brands) using centralized operating capabilities, similar to Timmerman's use of Caret and Parago to drive value creation post-close.
• Inspired Capital Partners: Runs a search fund accelerator model that supports entrepreneurs acquiring and operating small and lower middle market businesses, closely mirroring Timmerman's ETA-style approach of partnering with owners on transition and growth.
• Search Fund Partners: Long-standing search fund education, community, and capital formation platform for ETA practitioners; directly comparable given Timmerman's search fund / micro-buyout acquisition mandate.
• Permanent Link Partners: Lower middle market private equity firm focused on micro-buyouts and small business buyouts; directly comparable in deal size, majority-stake orientation, and value-creation via operational improvement.

Broad incumbents

• Shore Capital Partners: Lower middle market PE firm focused on founder/family-owned businesses in healthcare, consumer, and business services; broadly comparable on deal size and sector mix.
• Main Street Capital: Public lower middle market private equity and debt firm that targets similar-size U.S. businesses; broad incumbent comparator for Timmerman's micro-buyout mandate.
• Decathlon Capital Partners: SBIC-licensed provider of debt and structured equity to lower middle market and search fund-backed businesses; relevant as a financing competitor/partner for Timmerman's acquisition targets.
• Huron Capital Partners: Lower middle market PE firm investing in founder-led businesses and partnering with management; broad incumbent with overlapping deal profile to Timmerman's $1M–$10M+ EBITDA, owner-led focus.
• Compass Equity Partners: Lower middle market PE firm partnering with operators to acquire and grow small businesses; broad incumbent with overlapping size band and operator-led playbook.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Timmerman Capital