Fundraising Fox

Glencoe

Private equity

Manchester · Growth · 2 people tracked

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Investment thesis

Glencoe Capital pursues lead-sponsored acquisitions and growth equity investments in lower-middle market companies across North America. Its core strategy centers on generating what it calls 'Transformational Growth' at portfolio companies by improving business processes and building sustainable earnings growth. The firm relies on one of the private equity industry's earliest operating adviser networks, its Executive Network, to bring operational expertise. It emphasizes relationship building and alignment of interests with management teams. Target companies typically have EBITDA of $3-$15 million, at least three years of financial history, and a minimum capital need of $7 million, with the firm generally seeking majority ownership as a generalist investor.

Invests inSector AgnosticAustinNorth America

Source: firm website, verified Aug 18, 2026.

Stage
Growth
HQ
Manchester, US
Leads rounds
Leads
Instruments
Equity
Founded
1994
Private fund assets
$50.3M
Tracked investments
40

Team · 2 people

from the firm's website
Nick Iovino· Chief Compliance Officer, Vice President Accounting

What they invest in

from 14 of 40 portfolio companies

Advanced Manufacturing ×6Consumer ×5EdTech ×3FoodTech ×3Hardware ×2New Materials ×2Robotics ×2Circular Economy ×1

HQs:United States×5Canada×1

Investments · 40 tracked

founders shown can be your intro path
ACE Bakery

Toronto-based specialty bread-maker producing premium artisan breads using traditional recipes and all-natural ingredients.

Acebakeryacebakery.com

ACE Bakery is an artisan bakery that produces breads such as baguettes, focaccia, ciabatta, and sourdough, and publishes recipes featuring its products.

ConsumerFoodTech

Bell & Howell

Historic imaging technology company; Glencoe acquired its Mail and Messaging Technologies business in 2001.

Bellhowellbellhowell.net

Bell and Howell provides automation and robotics field service across North America, offering mechatronic service engineers, remote diagnostics, and 24/7 technical support via its Integrated 360 technology platform.

Advanced ManufacturingLogistics & Supply ChainRobotics

Brafascobrafasco.com

Brafasco, along with Brock White Canada and NCA, has rebranded under the White Cap name to supply construction materials and related products to customers in the construction industry across Canada.

Construction Tech

Campbell Grinder Company

Process design, layout, and engineering services firm focused on the design and assembly of premium grinding machines and turnkey manufacturing solutions.

Campbellgrindercampbellgrinder.com

Campbell Grinder Company designs and manufactures customizable vertical, creep feed, and 5-axis grinding machines for OEM and Tier 1 manufacturers, including makers of aerospace engines and land-based military applications.

Advanced ManufacturingDefense TechHardware

Child Development Schoolschilddevelopmentschools.com

Child Development Schools operates early childhood education and child care centers under three brands (Childcare Network, Sunrise Preschools, and My Small Wonders), serving children aged six weeks to 12 years with full-time, before-school, and after-school programs.

ConsumerEdTechAustin, US

David Evans(Chairman & CEO)Chris Rackley(President)

Childcarenetworkchildcarenetwork.com

Childcare Network operates early childhood education and child care centers offering age-appropriate learning programs, summer camps, and STEM and art activities for young children.

EdTech

David Evans Foods

Cincinnati-based premium manufacturer of gourmet sauces, preserves, dips, and spreads, encompassing the Clearbrook Farms and Robert Rothschild Farm brands.

Davidevansfoodsdavidevansfoods.com
DialogDirect

Marketing and customer engagement solutions provider covering lead generation, lead nurturing, sales, and customer support.

Dixie Chemical Corporation

Houston-area producer of high-performance specialty chemicals for coatings, composites, paper, fuel and lubricant additives, and functional fluids.

Dixiechemicaldixiechemical.com

Dixie Chemical manufactures high performance specialty chemicals, including thermoset composites and coatings materials, fuel and lube additives, and alkaline paper sizing products.

Advanced ManufacturingNew Materials

Encore Rehabilitation Services

Farmington Hills, Michigan provider of rehabilitative therapy services to skilled nursing and assisted living facilities.

Encorerehabilitationencorerehabilitation.com
Entertainment Resource

Distributor of home video and home entertainment products to North American grocery, drug, and specialty retail channels.

First Home Insurance

Florida-based insurance company licensed to underwrite homeowners and commercial residential insurance policies.

First Mercury Financial Corporation

Southfield, MI liability insurance underwriter (NYSE:FMR) serving security guard, alarm, and fire safety industries through its CoverX managing general agent.

Firstmercuryfirstmercury.com
Flatout Bread

Producer of flatbread and related products sold to retail groceries, mass market, and club stores under the Flatout brand.

Flatoutbreadflatoutbread.com

The Marzetti Company produces food products including salad dressings, dips, sauces, breads, pastas, and croutons for both retail consumers and foodservice customers such as restaurants.

ConsumerFoodTech

Fortis Energy Services

Michigan-headquartered oil and gas service company specializing in well completions, work-overs, maintenance, and plugging across the Marcellus, Utica, and Bakken shale plays.

Fortisenergyservicesfortisenergyservices.com

Fortis Energy Services provides well services, completions, and production solutions—including workover, completion and production rigs, wireline rigs, and ancillary equipment—for oil and natural gas producers across major U.S. onshore basins such as the Permian, Eagle Ford, and Haynesville.

EnergyPlano, US

Nathan Conway(Chief Executive Officer)Brandon Baudry(Senior Vice President of Revenue)Adam Pomichowski(Vice President of Corporate Transformation)Meghan McWilliams(Vice President of Human Resources)

Fusion Education Group

Grand Rapids, Michigan operator of a network of Pre-K through grade 12 schools for children with learning differences using individualized learning.

Fusionacademyfusionacademy.com

Fusion Academy provides personalized 1-to-1 private schooling with one student and one teacher per class, offering full-time enrollment or supplemental academic support for middle and high school students.

EdTech

Golden Bear Oil Specialties

Producer of naphthenic lubricating and process oils, road rejuvenating agents, asphalt, and specialty petroleum-based chemicals.

Goldenbearoilgoldenbearoil.com
Lafayette American Bancorp

Connecticut commercial banking entity serving smaller middle-market businesses and individuals with community-based banking services.

PlayCoreplaycore.comin𝕏

PlayCore designs, manufactures, and builds turnkey play, recreation, and outdoor spaces through a portfolio of product brands covering playgrounds, surfacing, aquatic equipment, site furnishings, and shelters.

Advanced ManufacturingConsumerSports Tech

Polyairpolyair.com

Polyair (part of IPG) manufactures protective packaging products, including inflatable bubble-on-demand and air pillow systems, recyclable paper cushioning wraps, and insulated shipping materials for temperature-sensitive perishable and medical deliveries.

Advanced ManufacturingCircular EconomyNew Materials

Rimrock Corporation

Columbus, OH-based developer of productivity solutions for the aluminum die-casting industry, including spraying systems, ladlers, and robotic cells.

Rimrockcorprimrockcorp.com

Rimrock (Lincoln Electric Automation) supplies industrial automation products including ladles, sprayers, extractors, finishing equipment, and turnkey robotic systems.

Advanced ManufacturingHardwareRobotics

Sdichicagosdichicago.com
Specialtyfoodsgroupspecialtyfoodsgroup.com

Specialty Foods Group produces premium-branded and private-label processed meat products, including hams, turkey, hot dogs, bacon, and lunch meats.

ConsumerFoodTech

Strategic Equipment & Supply

Full-service provider of food service equipment and supply, offering turnkey design, remodeling, installation, financing, and fabrication.

Strategicequipmentstrategicequipment.com
System Development Integration

Chicago-based advisory services firm helping organizations implement technology solutions to manage strategic assets such as 911 centers, airports, and commercial real estate.

WestCongress

Specialty insurance producer and Lloyd's of London coverholder offering commercial general and excess liability solutions for small and middle-market risks in energy, artisan contractor, and security industries.

Fund performance · per public LP disclosures · 3

as of Jun 2020
FundVintageCommittedNet IRRTVPIDPI
Glencoe Capital Inst. Partners IIILPs: The Regents of the University of California20048.7%1.49x1.49x
Glencoe Capital Institutional Partners III, L.PLPs: The Regents of the University of California200210.1%1.53x0.80x
Glencoe Capital Partners III, L.PLPs: The Regents of the University of California, Michigan Municipal Employees' Retirement System20015.7%1.29x1.29x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

What stage does Glencoe invest at?
Glencoe invests at the Growth stage.
What sectors does Glencoe focus on?
Glencoe focuses on Sector Agnostic.
Where is Glencoe located?
Glencoe is headquartered in Manchester, US.
Does Glencoe lead rounds?
Yes, Glencoe leads investment rounds.

Images

Glencoe photo

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