Lower middle market private equity firm
BHMS Investments
- HeadquartersWestport, CT S2
- Founded2010 S2
- Websitebhmsinvestments.com
- Last verifiedNovember 2, 2026
At a glance
| Latest fund | BHMS Investments Fund III, LP, $300M (Jul 2024) S5 |
|---|---|
| Revenue range | $15M+ S2 |
| Check size | $25M to $100M S2 |
| Deal types | Platform, Add-on S3 |
| Geography | North America S2 |
| Sectors | Landscaping, Insurance Brokerage |
What BHMS Investments buys
BHMS Investments is a Westport, Connecticut firm founded in 2010 that invests in lower middle market companies across North America, mainly in business services and insurance services. It looks to put $25 million to more than $100 million of equity into companies with more than $15 million of revenue. Its deals range from control buyouts to structured equity and consolidation strategies, and it keeps a concentrated portfolio of five to seven companies per fund. Its third fund closed at a $300 million hard cap in July 2024.
Add-ons drive most of its growth plans: the firm says its 17 platforms have completed more than 300 add-on deals. Companies shown on its site include Inszone Insurance Services, CannGen Insurance Services, facilities maintenance outsourcer Advanced Service Solutions and walk-in tub provider Independent Home, and in 2025 it formed Exscape Group, an Ohio landscaping platform. A smaller company is most likely to meet BHMS as an add-on, such as a landscaper joining Exscape or an agency joining one of its insurance platforms.
Recent deals
Announced in the 24 months before November 2, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Apr 2026 | Lassiter & Son and Spring Lake NurseryCleveland-area landscaper and plant nursery under one owner, added to Exscape Group | Add-on | Landscaping | Source |
| Mar 2026 | Buckeye Landscape ServiceLong-running Columbus landscaper added to Exscape Group | Add-on | Landscaping | Source |
| Dec 2025 | WinnScapes, Pony Lawncare and Landscaping, and Shearer Patio & Landscape Services / Polaris PoolsThree Columbus-area companies added to Exscape Group; each founder stays on to run his operation | Add-on | Landscaping | Source |
| Jun 2025 | Exscape GroupNortheast Ohio landscapers Exscape Designs and Green Impressions combined with a BHMS investment; the owners lead the new company | Platform | Landscaping | Source |
Portfolio by sector
From the firm's portfolio page S4.
Announced in press releases
- Exscape Group
Portfolio Spotlight
- Advanced Service Solutions
- CannGen Insurance Services
- Inszone Insurance Services
- Independent Home
Greymont’s take
How BHMS Investments fits a seller
BHMS is a fit for larger founder-owned businesses, since its equity checks start at $25 million and it wants more than $15 million of revenue. Smaller owners are more likely to deal with one of its platforms. Exscape Group shows how that works: five Ohio landscaping businesses joined the platform between December 2025 and April 2026, and the three Columbus founders stayed on to lead their own operations.
BHMS says it keeps debt moderate and works closely with each company. An owner selling to a BHMS platform should ask whether part of the price comes as equity in the platform, how much of the back office the platform will take over, and how long BHMS expects to hold before a sale.
Questions owners ask
How large a company does BHMS Investments target?
It seeks to invest $25 million to more than $100 million of equity in businesses with over $15 million of revenue. Smaller companies usually join one of its platforms as add-ons, as several Ohio landscapers did with Exscape Group.
Does BHMS buy landscaping companies?
Yes. In June 2025 it backed the combination of Exscape Designs and Green Impressions into Exscape Group in Northeast Ohio, which then added three Columbus companies in December 2025, Buckeye Landscape Service in March 2026, and Lassiter & Son with Spring Lake Nursery in April 2026.
Do founders stay after selling to a BHMS platform?
In the Exscape deals, yes. The three Columbus founders joined as operating leaders in December 2025, and the original Exscape Designs and Green Impressions owners took leadership roles and seats on the board.
What is BHMS's latest fund?
BHMS Investments Fund III closed at its $300 million hard cap on July 1, 2024, after less than two months of fundraising, according to the firm's August 2024 announcement.
Sources
- S1BHMS Investments home page Accessed November 2, 2026
- S2About BHMS Investments Accessed November 2, 2026
- S3BHMS Investments: Investment Approach Accessed November 2, 2026
- S4BHMS Investments: Portfolio Spotlight Accessed November 2, 2026
- S5BHMS Investments, LP Closes Fund III with $300 Million of Committed Capital (August 6, 2024) Accessed November 3, 2026
- S6Exscape Designs and Green Impressions Combine to Form Exscape Group, Backed by BHMS Investments (June 17, 2025) Accessed November 3, 2026
- S7Exscape Group Announces Expansion into Columbus with Three Add-on Acquisitions (December 23, 2025) Accessed November 3, 2026
- S8Exscape Group Announces New Partnership with Buckeye Landscape Service (March 27, 2026) Accessed November 3, 2026
- S9Exscape Group Announces Partnership with Lassiter & Son and Spring Lake Nursery (April 13, 2026) Accessed November 3, 2026
- S10BHMS Investments, LP news releases on PR Newswire Accessed November 3, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with BHMS Investments. Figures are as reported on the dates shown and may have changed. Request a correction