/Investor DB

Glencoe

Private equity

Manchester · Growth · 2 people tracked

Find your way into Glencoe

8 people in our graph share verified history with the Glencoe team — schools, employers, funds. One of them is your warm intro.

Karl Albrechtunlockedknows Nick Iovino · together at Illinois Wesleyan University (overlapped)
×6knows the team · via Illinois Wesleyan University
knows the team · via Glencoe Capital
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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 AgnosticAustinManchesterNorth America

Source: firm website, verified Sep 29, 2026.

Stage
Growth
HQ
Manchester, US
Leads rounds
Leads
Instruments
Equity
Founded
1994
Private fund assets
$50.3M
Tracked investments
31
Acquisitions
1

Team · 2 people

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

What they invest in

from 15 of 31 portfolio companies

Advanced Manufacturing ×9Consumer ×5EdTech ×4FoodTech ×3New Materials ×3Energy ×2Hardware ×2Logistics & Supply Chain ×2

HQs:United States×7Canada×2

Investments · 31 tracked

founders shown can be your intro path
ACE Bakeryacebakery.com

ACE Bakery is a Canadian artisan bread producer founded in 1993 that manufactures specialty baked goods including baguettes, loaves, burger buns, and sandwich rolls using traditional fermentation and stone-baking methods.

Advanced ManufacturingConsumerDirect to ConsumerFoodTechToronto, CA

Linda Haynes(Founder)Martin Connell(Founder)

Co-investorsBirch Hill Equity Partners Management Inc.

Bell & Howellbellhowell.netin

Bell and Howell provides automation services and solutions, including remote diagnostics, field service support, and next-generation equipment across industries including print, retail, pharmaceuticals, packaging, and manufacturing.

Advanced ManufacturingEnterprise SoftwareLogistics & Supply ChainRoboticsSaaSRichmond Hill, US

Brafascobrafasco.comin

A construction supplies distributor that merged Brock White Canada, Brafasco, and NCA to operate as White Cap, serving customers across Canada with building materials, equipment rental, and construction services.

Construction TechLogistics & Supply Chain

Campbellgrindercampbellgrinder.comin

Campbell Grinder designs and manufactures precision grinding machines, including vertical grinders, creep feed grinders, and cylindrical grinders for aerospace, mining, turbine, and other industrial markets.

Advanced ManufacturingDefense TechHardwareMuskegon, US

Hugh Campbell(Founder)Bruce Hammond(CEO)in

Child Development Schoolschilddevelopmentschools.comin

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

Chris Rackley(President)in

BoardDavid Evans(Chairman & CEO)

Childcarenetworkchildcarenetwork.comin𝕏

Childcare Network operates early childhood education centers that prioritize emotional and physical well-being alongside academic learning, serving families seeking high-quality childcare with a focus on inclusivity and developmentally appropriate practices.

EdTech

David Evans Foodsdavidevansfoods.com

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

Dixiechemicaldixiechemical.comin

Dixie Chemical develops and manufactures high-performance specialty chemicals and advanced materials for industries including fuels, lubricants, thermoset applications, and paper manufacturing.

Advanced ManufacturingCleantechNew Materials

Flatout Breadflatoutbread.comacquired by T. Marzetti Company (Lancaster Colony)

Marzetti produces sauces, dressings, dips, breads, pastas, and croutons for retail consumers and foodservice establishments.

ConsumerFoodTech

Fortis Energy Servicesfortisenergyservices.comin

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)inBrandon Baudry(Senior Vice President of Revenue)Adam Pomichowski(Vice President of Corporate Transformation)inMeghan McWilliams(Vice President of Human Resources)in

Fusionacademyfusionacademy.comin𝕏

Fusion Academy is an educational institution that integrates social-emotional learning (SEL) into its holistic learning model through 1-to-1 instruction, mentorship, and campus programs designed to develop students' emotional intelligence, self-awareness, and interpersonal skills.

EdTechMental HealthSocialSolana Beach, US

Michelle Rose Gilmanin

Goldenbearoilgoldenbearoil.com

Tricor Refining, LLC is the exclusive distributor of Golden Bear pavement preservation products and operates a facility for processing, transloading, and storing petroleum, asphalt, and hazardous/non-hazardous materials.

Advanced ManufacturingEnergyNew Materials

PlayCoreplaycore.comin𝕏

Playcore develops products, programs, and services for public parks, schools, and recreational facilities to support healthy communities through play and outdoor spaces.

Advanced ManufacturingConsumerEdTechGovTechImpact & Social GoodPropTechSports Tech

Co-investorsAea InvestorsIrving PlaceLeonard GreenCourt Square Capital PartnersSentinel Capital Partners

Polyairpolyair.comin𝕏

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

Rimrockcorprimrockcorp.comin𝕏

Rimrock designs and integrates robotic systems for foundry operations, offering solutions for casting removal, material handling, and finishing with decoring products and turnkey systems.

Advanced ManufacturingHardwareRoboticsColumbus, US

Specialtyfoodsgroupspecialtyfoodsgroup.comin

Specialty Foods Group produces USDA-inspected smoked and cured meat products, including ham, turkey breast, bacon, hot dogs, lunch meats, and sausage, seasoned with proprietary spice blends.

Advanced ManufacturingConsumerFoodTechOwensboro, US

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

DialogDirectEncore Rehabilitation ServicesEncorerehabilitationEntertainment ResourceFirst Home InsuranceFirst Mercury Financial CorporationFirstmercuryFusion Education GroupLafayette American BancorpMoosejaw MountaineeringSdichicagoStrategic Equipment & SupplyStrategicequipmentSystem Development IntegrationWestCongress

Exits · 1

1 acquisitions

Flatout Breadacq. by T. Marzetti Company (Lancaster Colony)

Fund performance · per public LP disclosures · 3

as of Jun 2020
FundVintageCommittedNet IRRTVPIDPI
Glencoe Capital Inst. Partners IIILPs: The Regents of the University of California2004—8.7%1.49x1.49x
Glencoe Capital Institutional Partners III, L.PLPs: The Regents of the University of California2002—10.1%1.53x0.80x
Glencoe Capital Partners III, L.PLPs: The Regents of the University of California, Michigan Municipal Employees' Retirement System2001—5.7%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

How many investments has Glencoe made?
Glencoe has 31 tracked investments, 1 of which have exited.
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.
Who does Glencoe co-invest with?
Glencoe most often shares deals with Aea Investors, Birch Hill Equity Partners Management Inc., Irving Place, among 5 tracked co-investors.

Images

Glencoe photo

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