Lower middle market private equity firm

Align Capital Partners

  • HeadquartersCleveland, OH S1
  • Founded2016 S4
  • Websitealigncp.com
  • Last verifiedOctober 19, 2026

At a glance

Assets under management$3.2B (as of Jun 2026) S4
Latest fundAlign Capital Partners Fund IV, $770M (Jun 2026) S4
EBITDA range$3M to $15M S2
Check size$25M to $75M S2
Deal typesPlatform, Add-on S2
GeographyNorth America S2
SectorsAccounting & Professional Services, Property Management & HOA, IT Services & MSP, Industrial & Manufacturing, Distribution, Landscaping, Healthcare Services, Construction Services, Software & SaaS

What Align Capital Partners buys

Align Capital Partners is a lower middle market buyout firm with investment teams in Cleveland and Dallas. It takes control of North American companies earning about $3 million to $15 million of EBITDA, usually investing $25 million to $75 million of equity at enterprise values up to roughly $150 million. It wants recurring demand, a defensible niche, gross margins of 30% or more and EBITDA margins of at least 15%. Its four target areas are professional business services, tech-enabled services (IT services is a named sub-sector), industrial services such as facility, safety and environmental work, and specialty manufacturing and distribution.

Add-ons are central to how it grows companies. Align says it has backed 40 platforms and closed 145 add-ons since 2016, and in June 2026 it closed Fund IV at $770 million alongside a $375 million fund that co-invests with independent sponsors. A company below $3 million of EBITDA is most likely to fit as an add-on to a current platform, such as its Southern California property management business, ISPN in broadband IT support, or Strata in commercial landscaping.

Recent deals

Announced in the 24 months before October 19, 2026.

DateCompanyTypeSectorSource
Oct 2026NorStar InvestigationsNew York investigations firm added to Advantage InvestigationsAdd-onSource
Sep 2026SiltwormIndiana erosion control products maker added to MKB CompanyAdd-onIndustrial & ManufacturingSource
Sep 2026Global O-Ring and SealHouston seal distributor added to Marco Sealing SolutionsAdd-onDistributionSource
Sep 2026Trident SolutionsPlano, Texas maker of safety marking and identification products; the CEO and team stay onPlatformIndustrial & ManufacturingSource
Sep 2026CompletePetPet wellness products platform sold to Blue Sea CapitalExitSource
Jun 2026Lange Technical ServicesAccident reconstruction and forensic firm added to Advantage Investigations; its technicians stay onAdd-onSource
Jun 2026New England GeoSystemsConnecticut geospatial software firm added to Schneider GeospatialAdd-onSoftware & SaaSSource
Jun 2026Align Capital Partners Fund IV and Align Collaborate Fund II$770 million buyout fund and $375 million independent sponsor fund, both at hard capFund closeSource
May 2026Heritage ImagingMobile diagnostic imaging for rural hospitals; the CEO continues to leadPlatformHealthcare ServicesSource
May 2026Watersedge Landscape and Venco WesternTwo Southern California landscapers added to Strata; both owners stayed onAdd-onLandscapingSource
May 2026Kuhn & AssociatesSoutheast Texas building envelope consultant added to ArmkoAdd-onConstruction ServicesSource
Apr 2026ProceedContinuation fund of about $405 million to keep backing the legal services platformInvestmentSource
April 2026California property management firm (unnamed)First add-on for Align's Southern California property management platformAdd-onProperty Management & HOASource
Mar 2026ZCorumBroadband managed services provider added to ISPNAdd-onIT Services & MSPSource
Jan 2026Armko IndustriesDallas-Fort Worth building envelope, roofing and waterproofing consultantPlatformConstruction ServicesSource
January 2026Property Management (unnamed Southern California firm)Full-service manager of multifamily, HOA, single-family and commercial propertiesPlatformProperty Management & HOASource
Nov 2025Advantage InvestigationsNational insurance investigations company bought from MD Holdings; the CEO continuesPlatformSource
May 2025Strata Landscape ServicesWestern US commercial landscaper; Utah-based Boulder Landscaping added at closingPlatformLandscapingSource
Feb 2025AKS EngineeringPacific Northwest civil engineering, surveying and permitting firmPlatformAccounting & Professional ServicesSource
Dec 2024ISPN Network ServicesManaged IT services for rural and suburban broadband operators; owner-managers continuePlatformIT Services & MSPSource
Dec 2024MKB CompanyErosion control and stormwater products made at 17 plants in 14 statesPlatformIndustrial & ManufacturingSource

Portfolio by sector

From the firm's portfolio page S3.

Industrial Services

  • Strata Landscape Services

Professional Business Services

  • Advantage Investigations
  • AKS Engineering
  • Armko
  • Cost Segregation Services, Inc.
  • Global Guardian
  • Heritage Imaging
  • Proceed
  • Property Management

Specialty Manufacturing and Distribution

  • Marco Sealing Solutions
  • MKB Company
  • Premier Biotech
  • StenTech
  • Trident Solutions

Tech-Enabled Services

  • Cleartelligence
  • E Source
  • ISPN
  • Schneider Geospatial
  • We Are Rosie

Greymont’s take

How Align Capital Partners fits a seller

Align suits owners of service and niche manufacturing businesses who want a partner that keeps buying after the deal closes. Its platforms average more than three add-ons each, so a sale to Align often starts a build-up rather than ending one. Owners and leaders have stayed on in recent deals: the Watersedge founder now runs Strata's San Diego business, the third-generation Venco leader remained after that sale, and ISPN's owner-managers kept running the company after Align bought it.

Owners of property management and HOA management firms should note that Align bought a Southern California platform in January 2026 and closed its first add-on in April. Because Align takes control and later sells its platforms (it reported 13 exits as of June 2026), an owner should ask how long Align expects to hold the business, how much equity the owner will roll, and what role the owner will have once the company joins a larger group.

Questions owners ask

Does Align Capital Partners buy property management or HOA management companies?

Yes. In January 2026 it invested in a full-service property management firm serving multifamily, HOA, single-family and commercial properties across Southern California, and that platform added another California property manager in April 2026.

What size company does Align look for?

New platforms usually have $3 million to $15 million of EBITDA, an enterprise value up to about $150 million, gross margins above 30% and EBITDA margins above 15%. Align aims to invest $25 million to $75 million of equity.

Does Align invest in IT services companies?

IT services is a named sub-sector of its tech-enabled services focus. It bought ISPN, a managed IT services provider for rural broadband operators, in December 2024, and ISPN added ZCorum in March 2026.

Does Align work with independent sponsors?

Yes. Its Align Collaborate strategy co-invests alongside independent sponsors. The first fund, $233 million, backed seven platforms with seven different sponsors, and a second fund closed at $375 million in June 2026.

Sources

  1. S1Align Capital Partners home page Accessed October 19, 2026
  2. S2Align Capital Partners: Investment Criteria Accessed October 19, 2026
  3. S3Align Capital Partners: Investments Accessed October 19, 2026
  4. S4Align Capital Partners Hits Hard Cap for Two New Funds Totaling More Than $1.1 Billion (June 16, 2026) Accessed October 19, 2026
  5. S5Align Capital Partners: Property Management investment page Accessed October 19, 2026
  6. S6Align Capital Partners: Tech-Enabled Services sector page Accessed October 19, 2026
  7. S7Align Capital Partners: Industrial Services sector page Accessed October 19, 2026
  8. S8Align Makes a Fast Connection with ISPN Network Services (December 18, 2024) Accessed October 19, 2026
  9. S9ACP-Backed Strata Branches Out; Closes Two Add-ons (May 7, 2026) Accessed October 19, 2026
  10. S10Align Capital Partners News Accessed October 19, 2026

Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Align Capital Partners. Figures are as reported on the dates shown and may have changed. Request a correction

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