Lower middle market private equity firm
Chicago Capital Partners
- HeadquartersHighland Park, IL S1
- Websitechicagocapitalpartners.com
- Last verifiedNovember 2, 2026
At a glance
| EBITDA range | $2M to $10M S1 |
|---|---|
| Deal types | Platform, Growth S2 |
| Geography | United States S1 |
| Sectors | Distribution, Consumer & Food, Industrial & Manufacturing |
What Chicago Capital Partners buys
Chicago Capital Partners is a private equity firm in Highland Park, Illinois that invests in US lower middle market companies with $2 million to $10 million of EBITDA. Its target industries are business services, consumer products, distribution, food and beverage, and niche manufacturing. It usually buys a majority stake, keeps debt modest, and prefers that the seller or the management team keep some ownership after the deal closes. The firm was started by Kovitz Investment Group Partners, a registered investment adviser, and later spun out on its own. Its backers include entrepreneurs and small business owners, which the firm says lets it hold companies for longer than many funds.
Its recent deals mix majority partnerships with growth capital. In April 2025 it invested in ABC Stone, a distributor of luxury natural stone to architects and designers. In January 2026 it made a growth investment in Page Per Page, a family-run Arizona company that handles mailings, online voting and websites for HOA management firms.
Recent deals
Announced in the 24 months before November 2, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Jan 2026 | Page Per Page (P.R. Hoffman, Inc.)Growth investment in a founder and family-led provider of mailing, voting and website services to HOA management companies; the founder and his daughters keep leading the business | Growth | Source | |
| Apr 2025 | ABC StoneInvestment in a distributor of luxury natural stone to the architecture and design market | Investment | Distribution | Source |
Portfolio by sector
From the firm's portfolio page S2.
Business Services
- Page Per Page
Distribution
- ABC Stone
Greymont’s take
How Chicago Capital Partners fits a seller
Chicago Capital Partners suits a founder or family who wants to sell a majority stake but keep running the company and keep some of the equity. The firm says it wants management to stay in charge of daily operations, prefers that sellers roll part of their ownership into the deal, and is comfortable with a longer hold than most funds. The Page Per Page deal fits that pattern: the founder and his three daughters stayed on to lead the business after the investment.
The firm publishes very little about its own deals, so an owner should ask how much capital it can commit to later acquisitions, how board decisions are shared, and what a long hold means in actual years. It is also worth asking how and when the firm expects to buy out or sell the stake the owner keeps.
Questions owners ask
What size company does Chicago Capital Partners look for?
Its website targets US lower middle market companies with $2 million to $10 million of EBITDA, usually through a majority investment that uses modest leverage.
Does the owner stay involved after Chicago Capital Partners invests?
Usually, yes. The firm says it wants management teams to keep running day-to-day operations and prefers that sellers or managers keep an ownership stake after closing. At Page Per Page, the founder and his daughters continued to lead the company.
Which industries does Chicago Capital Partners invest in?
Business services, consumer products, distribution, food and beverage, and niche manufacturing. Its recent investments include a natural stone distributor and a communications provider that serves HOA management companies.
Sources
- S1Chicago Capital Partners home page (overview, criteria, team and contact) Accessed November 2, 2026
- S2Taureau Group deal announcement: Page Per Page receives growth investment from Chicago Capital Partners (January 28, 2026) Accessed November 2, 2026
- S3Stout: ABC Stone receives investment from Chicago Capital Partners (closed April 3, 2025) Accessed November 2, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Chicago Capital Partners. Figures are as reported on the dates shown and may have changed. Request a correction