180one recently partnered with Pike Street Capital, a Seattle based firm that manages a private equity fund focused on growth buyouts in industrial technology in the lower middle market, to conduct a search for an Operating Partner. Stay tuned for details!
About the Company
Seattle-based Pike Street Capital manages a private equity fund focused on growth buyouts in industrial technology in the lower middle market. With a combined 75+ years of investing and operating experience, Pike Street partners with management teams to build and execute a strategy for future growth. Pike Street Capital was co-founded by Paul Caragher, Dave Dandel and Ed Whatley.
Pike Street Capital closed a $237 million fund in 2020, with fund investors including leading institutional limited partners, such as endowments, insurance companies, fund of funds, and family offices along with strategic operating executives. The Fund was over-subscribed to its original $200 million target.
Pike Street Capital will focus on control investments in successful industrial technology companies and other sectors that serve demanding technical customers with revenue of $10 million to $100 million. It seeks investments where Pike Street’s operational focus, business experience and executive network can assist management to accelerate that growth. The team’s complementary backgrounds give Pike Street a strong combination of entrepreneurial, operational and transactional expertise.
Since launching the fund, Pike Street Capital has completed investments in three companies: US BioTek Laboratories, Head Rush Technologies and QuickBox Fulfillment. In addition to investing in additional portfolio companies, Pike Street plans to continue expanding its investing and operational team.
More information is available at on their website.
Head on over to our Placements/Opportunities page to see what else we’ve been working on!