Palladium
Private equityActively deployingNew York ยท Growth
Also known as Palladium Equity Partners Advisor, Llc ยท PALLADIUM HERITAGE MANAGEMENT, LLC
Investment thesis
Palladium runs two strategies. Its Flagship strategy has anchored its investment approach for more than 25 years across four institutional funds, delivering results through varied economic cycles. Its Heritage strategy, launched in 2022, targets B2B and industrial companies in the lower middle-market, leveraging the firm's team and network. Palladium's value-creation model centers on three pillars: accelerating growth through strategic plans, organic opportunities and M&A; improving operations via financing, budgeting, systems and reporting; and enhancing leadership by building the right teams and governance. The firm draws on a bench of industry executives and consultants to source, evaluate and lead investments, and embeds stewardship practices such as diverse boards and impact measurement.
Source: firm website, verified Aug 25, 2026.
What they invest in
from 17 of 34 portfolio companiesConsumer ร4Logistics & Supply Chain ร4Advanced Manufacturing ร3FoodTech ร3B2B Marketplaces ร2Construction Tech ร2E-commerce ร2Fintech ร2
HQs:United Statesร8
Investments ยท 34 tracked
founders shown can be your intro pathU.S. provider of vehicle damage and collision repair services operating company-owned and franchised centers.
Provides contract manufacturing services for consumer packaged goods companies (former portfolio company).
Paul Alvaterin
Co-investorsH.I.G. CapitalJ.H. Whitney
American Gilsonite Company mines and supplies Gilsonite (uintaite), a naturally occurring hydrocarbon resin used as an additive in oilfield drilling fluids and cementing, asphalt, inks, paints, stains, construction materials, and foundry castings.
Advanced ManufacturingEnergyNew Materials
Bodewell Group is a strategic communications and public affairs firm that advises organizations on infrastructure projects, technology advancements and public policy across sectors such as water, transportation, energy, semiconductors, data centers and land use.
Construction TechGovTech
Direct response television media placement company with proprietary results-analysis software.
Provider of janitorial and facilities maintenance services across North America.
Acquires and develops businesses in sports, marketing and entertainment, including signage services for pro sports.
Integrated manufacturer of MDF/HDF fiberboard and laminate flooring.
Value-added distributor of aftermarket automotive collision repair parts in the Western U.S.
Daniels Jewelers is a jewelry retailer selling rings, bracelets, watches, and lockets, with promotions, in-store and online gift offers, and financing/pre-approval options for shoppers.
ConsumerE-commerceRetail Tech
DME Express is a durable medical equipment supplier offering products such as hospital beds, mattresses, oxygen and respiratory equipment, wheelchairs, mobility aids, bariatric equipment, bathroom safety items, and patient lifts.
HealthtechLogistics & Supply ChainMedical Devices
Co-investorsWay Point Capital Partners
Immigration software and workforce management platform combining proprietary technology with expert legal representation to help global enterprises hire and manage international talent.
EverDriven provides alternative student transportation for school districts, serving students whose needs fall outside traditional bus routes, including those with disabilities, unstable housing, or specialized schedules.
EdTechLogistics & Supply ChainMobility & Transportation
Co-investorsCharlesbank Capital Partners
Fora Financial provides working capital and business financing of up to $1.5 million to small businesses, with online applications and fast approval decisions.
Fintech
Manufacturer of aseptic beverages and foodservice dispensing solutions, including bag-in-box coffee creamer.
HealthSun offers Medicare Advantage health insurance plans, including Special Supplemental Benefits for the Chronically Ill (SSBCI) for members managing chronic conditions such as chronic kidney disease, diabetes, and heart failure.
Digital HealthHealthtechInsurTech
Global eyecare company providing eyewear, eyecare accessories and optical equipment.
Direct selling company marketing durable household products under the Royal Prestige brand.
Home-based healthcare and hospice services provider serving Medicaid and Medicare populations in the south-central U.S.
Jordan's Skinny Mixes sells sugar-free, zero-calorie flavoring syrups, sauces, and beverage enhancers for coffee, drinks, and hydration.
ConsumerDirect to ConsumerE-commerce
Kymera International produces specialty metals and materials, including metal powders and pastes, titanium and master alloys, surface coating technologies, silicon carbide technical ceramics, and KDF water filtration media.
Advanced ManufacturingDeep TechNew Materials
Willson Ropp(Chief Executive Officer)
National Auto Parts NorCal is a distributor of certified and non-certified auto body and cooling parts for all vehicle makes and models, serving auto body businesses in Northern California with free delivery within a 120-mile radius of its Oakland warehouse.
B2B MarketplacesLogistics & Supply ChainOakland, US
Pronto Insurance offers insurance products to consumers, directing prospective customers to call an agent by phone.
InsurTech
Sourcer of sustainable, quality foods for food retailers and operators.
Quirch Foods is a family of companies that sources, imports, and distributes food products including beef, pork, poultry, frozen seafood, deli items, Hispanic and ethnic foods, and grocery goods.
B2B MarketplacesFoodTechLogistics & Supply Chain
Firm helping businesses communicate clearly on the issues that matter most to them.
Spice World produces fresh garlic and other convenient flavor products, including peeled and organic garlic, shallots, squeezable ginger, seasoning blends, and minced/chopped onion in squeezable bottles.
ConsumerFoodTech
Andy Caneza(Founder)
Fund performance ยท per public LP disclosures ยท 7
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Palladium VLPs: Chicago Teachers' Pension Fund | 2018 | โ | 14.6% | 1.65x | 0.64x |
| Palladium Equity Partners VLPs: Oregon Public Employees Retirement System, Empire State Development โ New York Ventures, California State Teachers' Retirement System +8 more | 2017 | โ | 12.0% | 1.50x | 0.75x |
| Palladium Equity Partners IV, L.P.LPs: Empire State Development โ New York Ventures, Oregon Public Employees Retirement System, Los Angeles County Employees Retirement Association +6 more | 2014 | โ | 9.6% | 1.67x | 0.96x |
| Palladium IVLPs: Chicago Teachers' Pension Fund | 2014 | โ | 10.8% | 1.84x | 0.84x |
| Palladium Equity Partners IV, L.P. Private EquityLPs: Pennsylvania Public School Employees' Retirement System | 2012 | โ | โ | 1.80x | 1.81x |
| Palladium IIILPs: Chicago Teachers' Pension Fund | 2005 | โ | 11.4% | 1.72x | 1.72x |
| Palladium Equity Partners IIILPs: California Public Employees' Retirement System, California State Teachers' Retirement System, Empire State Development โ New York Ventures +5 more | 2004 | โ | 14.4% | 1.86x | 1.86x |
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 Palladium made?
- Palladium has 34 tracked investments.
- What stage does Palladium invest at?
- Palladium invests at the Growth stage.
- What is Palladium's typical check size?
- Palladium typically writes checks of $50M โ $150M.
- What sectors does Palladium focus on?
- Palladium focuses on Advanced Manufacturing, Consumer, Fintech, FoodTech, Healthtech, Logistics & Supply Chain, Media & Entertainment, New Materials.
- Where is Palladium located?
- Palladium is headquartered in New York, US.
- Does Palladium lead rounds?
- Yes, Palladium leads investment rounds.
- Who does Palladium co-invest with?
- Palladium most often shares deals with Charlesbank Capital Partners, H.I.G. Capital, J.H. Whitney, among 4 tracked co-investors.
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