Fletch Equity: Buy Box & Recent Acquisitions

At a glance

EBITDA range	$2M to $20M S2
Deal types	Platform, Add-on S2
Geography	United States, Canada S2
Sectors	Roofing, Healthcare Services, Education, Consumer & Food

What Fletch Equity buys

Fletch Equity is a Los Angeles private equity group that buys family and founder-owned service businesses in the United States and Canada and grows them through add-on acquisitions. A new platform needs at least $2 million of adjusted EBITDA, and up to about $20 million; add-ons have no minimum. Fletch takes control, buying 51% to 100% of a company, so an owner may keep a minority stake. Areas of interest include business and home services, multi-unit consumer businesses, logistics, industrial and environmental services, healthcare services, and infrastructure inspection and maintenance.

Its current companies include a commercial roofing platform in Southern California, an autism therapy provider, preschools, fitness clubs, a catering company, ship repair and oilfield services. The team grew out of Celerity Partners and says it has averaged about two add-ons per platform. For most platforms it recruits an industry operating partner, often as chair, with the seller's input. A smaller company can fit as an add-on, since those have no size floor.

Recent deals

Announced in the 24 months before October 29, 2026.

Date	Company	Type	Sector	Source
Mar 2026	Superior Roofing and Midwest RoofingTwo commercial re-roofing and repair contractors in Anaheim and Gardena bought at the same time to launch a Southern California roofing platform	Platform	Roofing	Source
May 2025	San Diego ABAAutism therapy provider added to Alongside; its co-owner stayed to lead the San Diego region	Add-on	Healthcare Services	Source

Portfolio by sector

From the firm's portfolio page S3.

ABA Therapy

Alongside Current

Catering

Catering Services Company Current

Commercial Roofing

Superior Roofing Current

Early Education

Little Newtons Current

Fitness Centers

Tru Fit Athletic Clubs Current

Oilfield Production and Completion Services

Well-Foam Current

Ship Repair

Oceanwide Repair Current

Specialty Fitness

Specialty Fitness Chain Current

Specialty Pharmacy

Total Care RX Current

Past investments: Wolfgang's Heating and Cooling, Western Jet Aviation, 360 PT Management, National Research Institute, Meridien Research, Pinnacle Treatment Centers, ABC Laboratories, All Aboard America!, O Premium Waters, PC Helps, Peer 1, Project Leadership Associates, ADB Industries

Greymont’s take

How Fletch Equity fits a seller

Fletch suits the owner of a growing service business, such as a contractor, clinic group or multi-site consumer brand, who wants to sell control but stay on and build something larger. Management keeps running the company day to day, while Fletch handles lenders and leads the hunt for add-ons. It also recruits an experienced operating partner, usually as chair, and the seller helps choose that person before closing. In the San Diego ABA add-on, the co-owner stayed to run the region.

Because Fletch buys between 51% and 100%, an owner can often keep a stake and share in a later sale; its Wolf HVAC platform, for example, was sold to Turnpoint, an OMERS company, in November 2022. Owners should ask how much equity they could roll, who the operating partner would be, and where the deal's equity comes from, since the site does not describe a fund.

Questions owners ask

What size company does Fletch Equity buy?

For a new platform it wants at least $2 million of trailing adjusted EBITDA, up to about $20 million. Add-on acquisitions for its existing platforms have no minimum size.

Does Fletch Equity buy roofing companies?

Yes. In March 2026 it bought Superior Roofing and Midwest Roofing at the same time to launch a commercial roofing platform in Southern California, and it plans more acquisitions across the Southwest.

Can an owner keep part of the business after selling to Fletch?

Often, yes. Fletch says it buys between 51% and 100% of a company, so a seller may keep a minority stake while Fletch takes control.

Sources

S1Fletch Equity: About Us Accessed October 29, 2026
S2Fletch Equity: Investment Criteria Accessed October 29, 2026
S3Fletch Equity: Portfolio Accessed October 29, 2026
S4Fletch Equity: Investment Stages Accessed October 29, 2026
S5Fletch Equity: News Accessed October 29, 2026
S6Fletch Equity: Our Team Accessed October 29, 2026
S7Fletch Equity completes acquisitions of Superior Roofing and Midwest Roofing (March 11, 2026) Accessed October 29, 2026

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