EXI Investment Management

What EXI Investment Management does

EXI Investment Management LLC, also doing business as EXI Investment Partners, is a private investment firm co-founded in 2020 by Jonathan Dries, Nicholas Peters, and Jack Westerman — three former Parallel49 Equity executives whose combined 60+ years of private equity experience date back to a working relationship that began in 2007. Headquartered at 1955 Field Court, Suite 203 in Lake Forest, Illinois, the firm operates as an Illinois LLC and structures each transaction through single-asset investment vehicles rather than a traditional time-limited institutional fund.

EXI's investment thesis targets small and mid-sized businesses with up to $10 million of EBITDA in specialty manufacturing, distribution, and business services, with criteria that include recurring revenues, strong cashflows, capital efficiency, and aligned management. A distinguishing structural feature is the firm's focus on Qualified Small Business Stock (QSBS) investments, providing tax-advantaged returns to capital partners. EXI raises aligned, patient capital from select family offices and permanent capital sources, offering flexible mandates and unconstrained investment horizons that are intended to support long-horizon value creation rather than short-term exit pressure.

The firm's current portfolio comprises four disclosed investments: Medpoint (regulatory compliance services for medical device and pharmaceutical industries, July 2020), SMI Cold Therapy (high-compression cold therapy wraps, November 2020), Certified Waste Solutions (managed waste services with zero-landfill ESG positioning, March 2022), and Eden-Valders Stone (natural limestone from 10 company-owned quarries, May 2023). Revenue mechanics derive from management fees on committed capital and, on realization events, carried interest on portfolio exits. EXI does not offer a technology product, software platform, or AI capability; its value proposition rests on the founders' operating and investing track record, deal sourcing network, and QSBS-aligned capital structure.

Name

EXI Investment Management

Legal name

EXI Investment Management LLC

Website

https://www.exipartners.com/

Company type

Private

Operating status

Operating

Short description

EXI Investment Management is a private investment firm co-founded in 2020 by three former Parallel49 Equity executives that invests in small and mid-sized U.S. businesses in specialty manufacturing, distribution, and business services through single-asset vehicles funded by family offices and permanent capital partners.

Ownership category

akta.pro rank

Headquarters

HQ city

Lake Forest

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. Investment Management: Generates returns through equity investments in private companies. Revenue derived from portfolio company value creation and eventual exits. Forms single-asset investment vehicles with flexible mandates for each company.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

EXI Investment Management is a private investment firm that forms single-asset investment vehicles with select family offices and permanent capital sources to acquire equity stakes in small and mid-sized businesses. Investments target companies with up to $10 million of EBITDA in specialty manufacturing, distribution, and business services, with a preference for recurring revenues, strong cash flows, and substantial growth opportunities. The firm partners directly with management teams to compound value over long, unconstrained investment horizons, with a differentiated focus on Qualified Small Business Stock (QSBS)-eligible transactions.

Product overview

EXI Investment Management LLC is a private investment firm, not a technology product company. The firm partners with exceptional leaders to build enduring companies through long-term investments in small and mid-sized businesses with recurring revenues, strong cashflows, and substantial growth opportunities. The firm forms single-asset investment vehicles with flexible mandates and investment horizons. EXI does not offer a distinct technology product, platform, or software service—it is an investment management company whose portfolio includes Medpoint (regulatory compliance services), SMI COLD Therapy (consumable medical products), Certified Waste Solutions (managed waste services), and Eden-Valders Stone (building products from natural limestone quarries).

Differentiator

Problem solved

Functional benefit

Products and services

• Single-Asset Investment Vehicles Bespoke single-asset investment vehicles, formed with select family offices and permanent capital sources, that take equity stakes in small and mid-sized operating companies in specialty manufacturing, distribution, and business services. Each vehicle has flexible mandates and unconstrained investment horizons tailored to the portfolio company's opportunity.

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 EXI Investment Management