Warren
Private equityJacksonville Beach · Growth · 81 people tracked
Also known as Warren Equity Partners Manager, L.P.
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Investment thesis
The firm pursues a buy-and-build strategy as a sector specialist across six focus areas: transportation, power and utilities, buildings and facilities, digital infrastructure, water and wastewater, and waste. It targets businesses with enterprise values between $20 million and $500 million (with no minimum for add-ons) through buyouts, corporate carve-outs, and recapitalizations. Thematically driven, the firm identifies subsector trends and executes quickly using subject-matter expertise. It emphasizes operational strength via a defined integration process, commercial operating system, and management development program, partnering with strong management teams to grow companies organically and through targeted M&A.
Source: firm website, verified Sep 29, 2026.
Team · 81 people
from the firm's websiteWhat they invest in
from 15 of 41 portfolio companiesConstruction Tech ×10Energy ×9Cleantech ×6Enterprise Software ×6Climate Tech ×3Impact & Social Good ×3Advanced Manufacturing ×2AI & Machine Learning ×2
HQs:United States×10
Investments · 41 tracked
founders shown can be your intro pathADB provides infrastructure solutions including utility, fiber optic, engineering, electrical, wireless communications, and data center services to telecommunications and utility companies, ISPs, carriers, enterprises, and government organizations nationwide.
Cloud ComputingConstruction TechEnergyHardwarePacific, US
APG provides field service support for maintenance and repair of gas and steam turbines at power plants, specializing in inspection and repair of both advanced and mature turbine components for minimizing downtime during critical outages.
Advanced ManufacturingEnergyEnterprise SoftwareHouston, US
Jim Mugford(CEO)in
Co-investorsAea Investors
Dragonfly Pond Works provides stormwater management, pond maintenance, and inspection services for stormwater devices.
CleantechClimate TechConstruction TechImpact & Social Good
Grant Todd(CEO)inKyle Gentry(Chief Operating Officer)inKelly Dowe(Chief Financial Officer)in
Hydromax USA provides advanced field services and digital infrastructure solutions for gas, water, and wastewater utilities, helping them improve operational safety, sustainability, and reliability through data-driven insights and process optimization.
AI & Machine LearningCleantechData & InfrastructureEnergyIoTLouisville, US
Chris Jensen(Chief Executive Officer)in
Co-investorsIndustrial Growth Partners
IPC Lydon is a construction and maintenance contractor providing project management, installation, overhaul, and maintenance services for industrial equipment, power generation systems, and material handling installations.
Advanced ManufacturingConstruction TechEnergy
kV Power is an electrical infrastructure construction contractor that provides construction, maintenance, and emergency response services for utility transmission, distribution, and substation systems.
Construction TechEnergyAndrews, US
Magnolia River is a professional services provider delivering project solutions for utilities.
EnergyEnterprise Software
Main Line Commercial Pools is a contractor specializing in commercial aquatic facility construction, renovation, and ongoing maintenance across the Mid-Atlantic region.
Construction TechMid-Atlantic region, US
Meridian Waste is a solid waste management company that provides waste collection and disposal services for residential, commercial, and community operations.
Circular EconomyCleantechImpact & Social GoodLogistics & Supply ChainAtlanta, US
Chris Diaz(Chief Financial Officer)inJeffrey Cosman(Chief Executive Officer and Chairman of the Board)Wally Hall(CEO)in
BoardJackson Davis(Nominating Committee Chair, Director)Joseph Ardagna(Compensation Committee Chair, Director)Thomas S. Cowee(Audit Committee Chair, Director)
O6 Environmental provides environmental remediation, industrial cleaning, demolition, and waste management services for private, state, and federal sector clients nationwide.
CleantechClimate TechConstruction TechEnterprise Software
Matt Danis(Chief Operating Officer)inDan Giesler(President / Managing Member)in
SSP Innovations is a consulting and technical services firm focused on geographic information systems (GIS) and operational technology for electric and gas utilities.
EnergyEnterprise SoftwareSaaS
Think Power Solutions provides safety training and utility infrastructure solutions for the energy sector, emphasizing worker safety, compliance, and risk management in electrical line work and transmission/distribution operations.
AI & Machine LearningConstruction TechEnergyEnterprise SoftwareImpact & Social GoodSaaS
Hari Vasudevan(Founder & Board Member)in
USG Water Solutions provides comprehensive water infrastructure services to municipal water utilities, including tank maintenance, water quality monitoring, pipeline rehabilitation, and treatment plant management.
CleantechConstruction TechEnergyEnterprise SoftwareGovTechIoTPerry, US
John Flaugher(President & Chief People Officer)in
Viant Traffic Solutions is a parent company that networks independent operating firms specializing in the design, supply, installation, and servicing of traffic control equipment including signals, controllers, and intelligent transportation systems for roadways.
Construction TechHardwareMobility & Transportation
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
American RollerFirst MileFlatiron CraneGunnisonHb NextKinetic Infrastructure GroupLynkwellM&D DistributorsMacqueen EquipmentMd DistributorsMid State RestorationMultifuelsObsequio GroupOvation HoldingsParadigm HsePowergridProductivity Quality IncSoutheast Lineman Training CenterSuperiorSurfaceCycleTownsendTraffic Management SolutionsUsa WaterUSA WatersVortexWisconsin Automation
Portfolio news
latest coverage across their companiesMagnolia River · magnolia-river.com · Mar 25, 2026
Fund performance · per public LP disclosures · 3
as of Dec 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Warren Equity Partners Fund IV, L.P.LPs: Texas Municipal Retirement System, Florida State Board of Administration, Kern County Employees' Retirement Association | 2023 | — | 22.5% | 1.49x | 0.01x |
| Warren EquityLPs: Kern County Employees' Retirement Association | 2021 | — | — | 1.00x | 0.03x |
| Warren Equity Partners Fund IIILPs: Kern County Employees' Retirement Association | 2021 | — | 11.3% | 1.38x | 0.03x |
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 Warren made?
- Warren has 41 tracked investments.
- What stage does Warren invest at?
- Warren invests at the Growth stage.
- What is Warren's typical check size?
- Warren typically writes checks of $20M – $500M.
- What sectors does Warren focus on?
- Warren focuses on Construction Tech, Data & Infrastructure, Energy, Logistics & Supply Chain, Mobility & Transportation.
- Where is Warren located?
- Warren is headquartered in Jacksonville Beach, US.
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