Family office and operator-led private investment firm
Crosstown Capital Partners
Formerly Crosstown Ventures
- HeadquartersColumbus, IN S1
- Founded2024 S2
- Websitecrosstowncapitalpartners.com
- Last verifiedNovember 3, 2026
At a glance
| EBITDA range | $1M to $4M S2 |
|---|---|
| Revenue range | $3M to $20M S2 |
| Deal types | Platform, Add-on S6 |
| Geography | Midwest US, Southeast US S2 |
| Sectors | HVAC, Plumbing & Electrical, Roofing, Landscaping, Construction Services |
What Crosstown Capital Partners buys
Crosstown Capital Partners is a family office in Columbus, Indiana, led by operators who built and sold a group of transportation companies. It buys majority stakes in essential service and trade businesses with $3 million to $20 million or more of revenue and $1 million to $4 million or more of EBITDA. Its target list includes HVAC, plumbing, electrical, fire protection, roofing, restoration, landscaping and industrial maintenance. It favors contract or maintenance revenue and low equipment needs. It looks mainly in Indiana, Ohio, Kentucky, Michigan, the Carolinas, Georgia and Florida, and will consider strong companies in nearby states.
Owners are expected to stay. Sellers roll 25% to 49% of their equity, keep running the business day to day, and Crosstown plans to hold for five to seven years. Its August 2026 steel investment followed that pattern, with the founders keeping a large stake and their jobs. Its team also looks at bolt-on deals, so a smaller company could join a current holding.
Recent deals
Announced in the 24 months before November 3, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Aug 2026 | MAK Steel Services, Trinity Steel Services and Advantage SteelThree related steel fabrication and erection contractors in Seymour, Indiana, about 150 staff; founders rolled equity and stayed in their roles | Platform | Construction Services | Source |
Portfolio by sector
From the firm's portfolio page S4.
Contract Staffing & Workforce Solutions
- Spire Staffing
Infrastructure & Heavy Civil Construction
- PAF Construction
Real Estate & Property Management
- Heartland Properties
- Vision Housing
Recruiting & Workforce Solutions
- Top Talent
Steel Fabrication and Installation
- Advantage Steel
Structural & Miscellaneous Steel
- MAK Steel Services
Structural Steel Erection
- Trinity Steel Services
Past investments: Hoosier Logistics
Greymont’s take
How Crosstown Capital Partners fits a seller
Crosstown suits owners of smaller HVAC, plumbing, electrical and specialty trade companies who want to take money off the table but keep running the business and keep a real stake. With a floor near $1 million of EBITDA, it can look at companies many funds would pass on.
A 25% to 49% rollover means much of the owner's payoff comes from a second sale, so ask how and when that sale would happen within the five to seven year hold. Crosstown says it tests deals for at least 1.75 times debt service coverage and structures them to limit its own equity, so ask how much debt the company will carry after closing. It is also young and names no fund, so ask where the equity for each deal comes from. Its own holdings do not yet include an HVAC, plumbing or electrical company.
Questions owners ask
What size company does Crosstown Capital Partners buy?
Its criteria call for $3 million to $20 million or more of revenue and $1 million to $4 million or more of EBITDA, in founder or operator-owned businesses.
Do owners stay after Crosstown Capital Partners invests?
Yes, that is the model. Sellers keep 25% to 49% of the equity and keep day-to-day control. In the August 2026 steel deal, the three founders rolled over much of their equity and stayed in their executive roles.
Does Crosstown Capital Partners buy HVAC, plumbing and electrical companies?
They are the first trades named in its investment criteria sheet, which is written for owners in those fields. Its current holdings are in steel, excavation, staffing and residential property, so it has no announced deal in those trades yet.
Was Crosstown Capital Partners called Crosstown Ventures?
Yes. Press releases from 2024 use the Crosstown Ventures name with the same Columbus base and leader, Nick Likens, and the old crosstownventures.com address now forwards to the current site.
Sources
- S1Crosstown Capital Partners home page Accessed November 3, 2026
- S2Crosstown Capital Partners: Investment Criteria sheet (PDF) Accessed November 3, 2026
- S3Crosstown Capital Partners: For Intermediaries sheet (PDF) Accessed November 3, 2026
- S4Crosstown Capital Partners: Portfolio Accessed November 3, 2026
- S5Crosstown Capital Partners: News and Updates Accessed November 3, 2026
- S6Crosstown Capital Partners: Team Accessed November 3, 2026
- S7Crosstown Capital Partners Invests in MAK Steel Services, Trinity Steel Services, and Advantage Steel (August 12, 2026) Accessed November 3, 2026
- S8Crosstown Ventures Welcomes Rob Pulliam as Partner and Chief Financial Officer (December 14, 2024) Accessed November 3, 2026
- S9Crosstown Ventures acquires Fishers-based recruiting firm (February 2024) 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 Crosstown Capital Partners. Figures are as reported on the dates shown and may have changed. Request a correction