Family office private investment firm
Caldicot Capital
- HeadquartersPalo Alto, CA S1
- Websitecaldicotcapital.com
- Last verifiedNovember 2, 2026
At a glance
| EBITDA range | $1.5M to $10M S2 |
|---|---|
| Revenue range | $5M+ S2 |
| Deal types | Platform, Add-on, Growth S2 |
| Geography | Western United States (preferred) S1 |
| Sectors | Environmental & Waste, Construction Services, Industrial & Manufacturing, Distribution |
What Caldicot Capital buys
Caldicot Capital is a Palo Alto family office that buys into established middle market companies and holds them with no set exit date. It looks for businesses with at least $5 million of revenue, $1.5 million to $10 million of EBITDA, margins of 10 percent or more and low capital spending needs, and it prefers companies in the western half of the US. Its target areas are business services, light manufacturing, mature technology, franchisors and value-added distribution.
A deal can be a recapitalization, a management buyout, acquisition financing or growth financing, and each one is structured case by case. The portfolio is deliberately small. Its one current holding is John To Go, a Ringwood, New Jersey portable toilet and restroom trailer rental company that Ironwood Capital also backs as a junior capital investor, and which bought Utah's iGOTPOOP in November 2025. Its earlier investments, all now listed as past, were in facility maintenance, paving and digital marketing. A portable sanitation or septic owner is most likely to meet Caldicot as an add-on to John To Go.
Recent deals
Announced in the 24 months before November 2, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Nov 2025 | iGOTPOOPUtah portable toilet, roll-off dumpster and septic pumping provider bought by John To Go, its first move into the Mountain West | Add-on | Environmental & Waste | Source |
Portfolio by sector
From the firm's portfolio page S3.
Maintenance Services
- John To Go
Past investments: RC Store Maintenance, Pacific Surfacing, Pirawna
Greymont’s take
How Caldicot Capital fits a seller
Caldicot fits an owner of a steady, low capital business, ideally in the West, who wants a hands-on partner and no fixed exit date. With a small team and one current holding, a seller would get close attention from the partners, but should not expect a large group of sister companies to plug into. The John To Go example shows Caldicot will back a portable sanitation and septic company, even outside its western preference, and will share ownership with a junior capital provider.
An owner should ask how Caldicot funds each deal, since it is a family office and its current holding also has outside junior capital, and whether it plans new platform investments or mainly add-ons to John To Go. Because the site's copyright still reads 2023 and three of its four own investments are listed as past, it is also worth asking how much it has done lately.
Questions owners ask
What size company does Caldicot Capital look for?
Its criteria call for revenue of at least $5 million, EBITDA of $1.5 million to $10 million, EBITDA margins of 10 percent or more and low capital spending needs.
Does Caldicot Capital invest in portable sanitation or waste services?
Yes. Its current portfolio company John To Go rents portable toilets and restroom trailers from Ringwood, New Jersey, and in November 2025 it bought iGOTPOOP, a Utah portable toilet, roll-off and septic pumping provider.
How long does Caldicot Capital hold its investments?
It describes its money as patient capital and says it invests without a predetermined holding period, setting the structure of each deal case by case around the owner's needs.
Where does Caldicot Capital invest?
It prefers businesses in the western half of the United States, though its current holding, John To Go, is based in New Jersey with locations in Florida and Utah.
Sources
- S1Caldicot Capital home page Accessed November 3, 2026
- S2Caldicot Capital: Our Approach and Investment Criteria Accessed November 3, 2026
- S3Caldicot Capital: Investments Accessed November 3, 2026
- S4Caldicot Capital: John To Go (listed as a current investment) Accessed November 3, 2026
- S5Caldicot Capital: Our Team Accessed November 3, 2026
- S6Ironwood Capital Portfolio Company John To Go Expands into the Mountain West Region (Ironwood Capital release, November 12, 2025) 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 Caldicot Capital. Figures are as reported on the dates shown and may have changed. Request a correction