Lower middle market private equity firm
Hudson Ferry Capital
- HeadquartersStamford, CT S2
- Founded2006 S2
- Websitehudsonferry.com
- Last verifiedNovember 5, 2026
At a glance
| Latest fund | Hudson Ferry Capital III (SBIC), $200M S6 |
|---|---|
| EBITDA range | $3M to $7M S3 |
| Revenue range | $15M to $75M S3 |
| Check size | $5M to $20M S5 |
| Deal types | Platform, Add-on, Growth S5 |
| Geography | United States S5 |
| Sectors | Industrial & Manufacturing, Consumer & Food, Distribution |
What Hudson Ferry Capital buys
Hudson Ferry Capital is a Stamford, Connecticut private equity firm, started in 2006, that buys established US companies, mostly from founders and families. Its published target is $3 million to $7 million of EBITDA, $15 million to $75 million of revenue and an enterprise value of $10 million to $50 million. It puts in $5 million to $20 million per deal as equity or preferred stock, sometimes with subordinated debt alongside, and it looks for majority ownership with management keeping money in the company.
The firm says it judges each company on its own merits before its industry, though its record leans toward niche manufacturing, business services and outsourcing. Buyouts, recapitalizations, growth deals and carve-outs are all on its list. It is investing from Hudson Ferry Capital III, an SBIC fund of about $200 million, and added Calise & Sons Bakery and Simply Pak in 2026. A company below the EBITDA floor would most likely fit as an add-on, as Dake did for Laguna Tools in 2019.
Recent deals
Announced in the 24 months before November 5, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Jun 2026 | PercheronSold the energy infrastructure land and survey services company after first investing in 2010; the firm reports a 7x return on invested capital | Exit | Source | |
| Apr 2026 | Simply PakFlorida distributor of compostable food service packaging, bought in partnership with founder and CEO Damian Martinez; stake size not stated | Platform | Distribution | Source |
| Mar 2026 | Calise & Sons BakeryRhode Island commercial Italian bakery founded in 1908, bought in partnership with its fourth-generation family owner; stake size not stated | Platform | Consumer & Food | Source |
| Sep 2025 | Hudson Ferry Capital IIILicensed as an SBIC with just over $200 million of total capital; a license announcement, not a stated final close | Fund close | Source |
Portfolio by sector
From the firm's portfolio page S4.
Current Investments
- Calise & Sons
- Simply Pak
- Tri-W
- VIRA Insight
- Laguna Tools
Past investments: Percheron, American Signcrafters, ALCOM, Ground/Water Treatment & Technology, Soft-Tex, ASAP Industries, MeTEOR Education
Greymont’s take
How Hudson Ferry Capital fits a seller
Hudson Ferry suits a founder or family owner with $3 million to $7 million of EBITDA who wants to sell a majority stake and stay involved. In both 2026 deals the leader stayed in place: Michael Calise at the fourth-generation bakery and founder Damian Martinez at Simply Pak. The firm's criteria ask for a management team with its own money in the transaction, so expect to discuss a rollover rather than a clean cash exit.
Holds can run long. The firm backed Percheron from 2010 to June 2026 and has owned Tri-W since 2014. That patience can help a business that needs years of work, but it matters if you keep equity. Ask how long the firm expects to hold your company, and how the SBIC fund's structure shapes the terms it can offer.
Questions owners ask
What size company does Hudson Ferry Capital buy?
Its criteria call for $3 million to $7 million of EBITDA, $15 million to $75 million of revenue and an enterprise value of $10 million to $50 million. Its executive summary puts the investment itself at $5 million to $20 million.
Does Hudson Ferry take control of the companies it buys?
That is its stated approach. The executive summary lists majority ownership, and the fund license release describes control-oriented investing. The 2026 Calise and Simply Pak releases describe partnerships with the owners but do not give the size of the stake.
How big is Hudson Ferry's current fund?
Hudson Ferry Capital III was licensed as an SBIC by the US Small Business Administration in September 2025 with just over $200 million of total capital. The firm's news page shows no separate final close announcement.
Does the owner stay on after Hudson Ferry invests?
In both 2026 deals, yes. Michael R. Calise still leads Calise & Sons as president and CEO, and founder Damian Martinez still leads Simply Pak as CEO, according to the firm's investments page.
Sources
- S1Hudson Ferry Capital home page Accessed November 5, 2026
- S2Hudson Ferry Capital: About Accessed November 5, 2026
- S3Hudson Ferry Capital: Investment Criteria Accessed November 5, 2026
- S4Hudson Ferry Capital: Current and Former Investments Accessed November 5, 2026
- S5Hudson Ferry Capital executive summary (PDF) Accessed November 5, 2026
- S6Hudson Ferry Capital III Licensed as a $200 Million SBIC Fund (September 3, 2025) Accessed November 5, 2026
- S7Hudson Ferry Capital Invests In Simply Pak (April 10, 2026) Accessed November 5, 2026
- S8Hudson Ferry Capital Invests In Calise & Sons Bakery (March 20, 2026) Accessed November 5, 2026
- S9Hudson Ferry Exits Investment in Percheron (June 8, 2026) Accessed November 5, 2026
- S10Laguna Tools Completes the Acquisition of Dake Corporation (December 2019) Accessed November 5, 2026
- S11Hudson Ferry Capital: News Accessed November 5, 2026
- S12Hudson Ferry Capital: Professionals Accessed November 5, 2026
- S13Hudson Ferry Appoints New Partners (January 31, 2024) Accessed November 5, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Hudson Ferry Capital. Figures are as reported on the dates shown and may have changed. Request a correction