Windjammer Capital
Private equityNewport Beach · Growth · 9 people tracked
Also known as Windjammer Management Partners, L.P.
Find your way into Windjammer Capital
10,150 people in our graph share verified history with the Windjammer Capital team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Windjammer Capital pursues control equity investments in middle-market businesses in partnership with management. It targets companies that are leaders in attractive niche markets and exhibit several key traits: significant and defensible market positions, differentiated products and services, strong management teams, scalable business models, identifiable growth opportunities, and consistent financial performance. The firm supports both organic growth and acquisition-oriented strategies, actively seeking add-on opportunities to build value.
Source: firm website, verified Sep 1, 2026.
Team · 9 people
from the firm's website
What they invest in
from 21 of 52 portfolio companiesAdvanced Manufacturing ×15Hardware ×14Energy ×5Enterprise Software ×5New Materials ×4Circular Economy ×3Cleantech ×3Healthtech ×3
HQs:United States×12Germany×1
Investments · 52 tracked
founders shown can be your intro pathDesigner and manufacturer of analytical test and measurement instruments and consumables, a leader in freezing point depression osmolality testing.
Designer and manufacturer of dispensing solutions for the food service and beverage industries.
A cooler design for gas compression equipment that is widely used across the industry.
Advanced ManufacturingEnergyHardware
AXH manufactures air-cooled heat exchangers for industrial applications including natural gas compression, power generation, and process industries.
Advanced ManufacturingEnergyHardwareUnknown - not stated on page, US
Supplier of 400+ research-use monoclonal antibodies serving academic, government, and commercial research customers worldwide.
Tech-enabled provider of outsourced medical records retrieval and litigation support services nationally.
Compex Legal provides medical record retrieval and litigation support services for insurance carriers, law firms, third-party administrators, and custodians.
AI & Machine LearningHealthtechInsurTechLegalTechTorrance, US
Component Hardware Group manufactures custom wire harnesses and cable assemblies for original equipment manufacturers in food service, healthcare, industrial, and commercial sectors.
Advanced ManufacturingFoodTechHardware
Specialty products supplier to electrical distributors, with product leadership in ground bonding pigtails, lighting whips, and temporary power.
Fecon manufactures vegetation management and natural resource recovery equipment, including forestry mulching heads and mulching tractors such as the FTX600, for the forestry and organic resource recovery industries.
Advanced ManufacturingAgTechConstruction TechHardwareLebanon, US
Bob Dieckman(Chief Executive Officer)Jeff Stanley(Chief Commercial Officer)inJeff Smith(Chief Financial Officer)Brandon Flexsenhar(Chief Operating Officer)in
Co-investorsLFM Capital, LLC
Provider of laboratory testing and data analysis to insurance companies (ITEL brand), testing damaged flooring, roofing, and siding.
Pharmaceutical marketing services firm offering advertising, continuing education, sample fulfillment, and direct-to-customer marketing.
Independent distributor of genuine OEM replacement and repair parts for commercial kitchen equipment across the US and Canada.
Provider of advanced microelectronic packages, engineered components, and interconnect solutions for defense, medical device, and industrial systems.
Global distributor of branded and consumable professional eyecare products and optical accessories across the eye healthcare supply chain.
Hilco Vision manufactures and distributes lens care products including cleaners, wipes, and protective accessories for eyewear.
ConsumerE-commerceHealthtechMedical Devices
Girisha Chandraraj(CEO)in
Co-investorsA-Rod CorpAllCloudAltitude AcceleratorAmpersandBand of AngelsBlumberg Capital+10 more
B2B direct marketer of radio frequency, microwave, and fiber optic connectors, cables, and components.
Co-investorsGenstar
Provider of intelligent parking systems and payment software, including meters, pay stations, enforcement, and SaaS management with data analytics.
IPS Group develops integrated smart parking technology combining hardware (parking meters, pay stations), software, and data analytics to manage parking, curbside, enforcement, permits, and mobile payments.
GovTechIoTMobility & Transportation
itel provides a mobile platform that delivers pricing, roof repairability analysis, and material matching for insurance claims professionals in minutes, enabling adjusters and contractors to make consistent determinations in the field across residential property damage claims.
Enterprise SoftwareInsurTechSaaS
Provider of engineered web process manufacturing components under the Fife, Tidland, and MagPowr brands.
Maxcess manufactures and integrates web handling components and solutions for industrial converting and processing lines.
Advanced ManufacturingEnterprise SoftwareHardwareIoTMelrose Park, US
Designer, manufacturer, and catalog retailer of taxidermy forms and supplies for hunting and fishing enthusiasts.
MFG Chemical is a chemical manufacturer with multiple production facilities that emphasizes sustainable practices, resource conservation, and pollution prevention.
Advanced ManufacturingCleantechEnergyNew MaterialsChattanooga, US
Paul(Chief Executive Officer)Mike(Vice President, Water Additives)
Critical parts and services provider to the nuclear power industry, serving large utility plants and next-generation Small Modular Reactors.
Distributor of genuine OEM repair and maintenance parts for commercial kitchen equipment, with an e-commerce platform and field service support.
Co-investorsLeonard Green
PDU Cables manufactures prefabricated power distribution cable assemblies for data centers, along with cable sealing and cooling efficiency products.
Advanced ManufacturingData & InfrastructureHardwareMinneapolis, US
Troy Peterson(President)in
Advanced manufacturer of high-precision metal components for mission-critical applications in aerospace & defense, medical device, and satellite & space markets.
PrecisionX Group manufactures high-reliability precision metal components using processes such as deep draw and progressive stamping, micro-stamping, Swiss and CNC machining, wire EDM, and metal diaphragm production.
Advanced ManufacturingDefense TechHardwareWaterbury, US
Co-investorsH.I.G. Capital
Radix designs and manufactures specialized electrical wire and cable for high-temperature and extreme-environment applications, including fire-protective solutions certified to major safety standards.
Advanced ManufacturingHardwareNew MaterialsNortheast Ohio, US
Global provider of flow control valves and regulators for LPG, LNG, and cryogenic industrial gases.
Environmental consulting company specializing in remediation of contaminated industrial sites in petroleum, transportation, and utility industries.
North American manufacturer of private label dry shelf-stable dinners and side dishes.
Manufacturer and distributor of identification, tagging, signage, and personalization materials through the Johnson Plastics Plus and Rowmark brands.
The Rowmark Group manufactures engineered plastic materials, signage substrates, and fabrication equipment for industrial and commercial customers globally.
Advanced ManufacturingHardwareNew Materials
VRC Companies operates a family of information management brands serving over 35,000 clients across more than 200 markets, providing document management, records storage, healthcare compliance, secure destruction, and digital transformation solutions for businesses and healthcare providers.
Circular EconomyData & InfrastructureEnterprise SoftwareHealthtechLegalTechSaaS
Danny Palo(Chief Executive Officer)inDan McFarland(Chief Administrative Officer)inKelly Luttrell(Chief Financial Officer)inChris Ferrell(Chief Development Officer)in
Wunder-Bar manufactures dispensing systems for beverages and food products used in bars, restaurants, and foodservice venues worldwide.
Advanced ManufacturingFoodTechHardwareRetail Tech
Fund performance · per public LP disclosures · 4
as of Dec 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Windjammer Capital Fund VILPs: Minnesota State Board of Investment | 2023 | — | -18.5% | 0.75x | 0.00x |
| Windjammer Senior Equity Fund V, L.P.LPs: Minnesota State Board of Investment | 2017 | — | 14.8% | 1.57x | 0.86x |
| Windjammer Senior Equity Fund IV, L.P.LPs: Minnesota State Board of Investment | 2012 | — | 15.6% | 2.34x | 1.79x |
| Windjammer Mezzanine & Equity Fund IILPs: Minnesota State Board of Investment | 2000 | — | 9.0% | 1.56x | 1.56x |
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 Windjammer Capital made?
- Windjammer Capital has 52 tracked investments.
- What stage does Windjammer Capital invest at?
- Windjammer Capital invests at the Growth stage.
- What is Windjammer Capital's typical check size?
- Windjammer Capital typically writes checks of $8M – $50M.
- What sectors does Windjammer Capital focus on?
- Windjammer Capital focuses on Sector Agnostic.
- Where is Windjammer Capital located?
- Windjammer Capital is headquartered in Newport Beach, US.
- Does Windjammer Capital lead rounds?
- Yes, Windjammer Capital leads investment rounds.
- Who does Windjammer Capital co-invest with?
- Windjammer Capital most often shares deals with Blumberg Capital, Boulder Ventures, Fulcrum Equity Partners, among 20 tracked co-investors.
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