Private equity firm focused on technology-enabled services
Integrum Holdings
- HeadquartersNew York, NY S1
- Websiteintegrum.us
- Last verifiedOctober 20, 2026
At a glance
| Assets under management | $5B (as of Oct 2025) S4 |
|---|---|
| Latest fund | Integrum Capital Partners II, $2.5B (Oct 2025) S4 |
| Check size | $100M to $1.2B S4 |
| Deal types | Platform S4 |
| Geography | North America S2 |
| Sectors | Insurance Brokerage, Wealth Management, Accounting & Professional Services |
What Integrum Holdings buys
Integrum is a New York investment firm that backs technology-enabled services companies in North America. It focuses on four areas: insurance services, payments, business and professional services, and what it calls capital-light financial services, such as wealth management. It looks for profitable companies that can scale, with steady organic growth, strong client relationships and capable management, and it keeps a small, concentrated portfolio. In October 2025 it closed its second fund at $2.5 billion, plus $500 million more from the firm's partners and co-investors. It manages about $5 billion.
Integrum writes large equity checks, from $100 million to $1.2 billion per company, and had backed six companies when Fund II closed. Its recent partners are big businesses: advisory firm Stout, executive search firm True, which has more than $350 million of revenue, and wealth manager Allworth Financial. It often invests next to existing owners, with management and employees keeping real stakes. Founder-owned companies well below that size are unlikely to be a direct fit.
Recent deals
Announced in the 24 months before October 20, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Aug 2026 | USIAon agreed to buy the insurance broker from KKR and other shareholders for $17.0 billion; closing expected in the fourth quarter of 2026 | Exit | Insurance Brokerage | Source |
| Apr 2026 | Allworth FinancialCo-led a new investment in the national wealth manager with Lightyear Capital and Ontario Teachers'; employee and advisor owners keep significant stakes | Investment | Wealth Management | Source |
| Nov 2025 | TrueSignificant investment in an executive search and talent firm with more than $350 million of revenue | Platform | Accounting & Professional Services | Source |
| Oct 2025 | Integrum Capital Partners IISecond fund closed at $2.5 billion, above its target and hard cap | Fund close | Source | |
| Jun 2025 | StoutInvestment alongside employee shareholders in the advisory firm, replacing Audax Private Equity | Platform | Accounting & Professional Services | Source |
Portfolio by sector
From the firm's portfolio page S3.
Business & Professional Services
- Program Productions
- Stout
- True
Capital-Light Financial Services
- Allworth Financial
Insurance Services
- USI
- Evertree
- SRS (Strategic Risk Solutions)
Past investments: MerchantE
Greymont’s take
How Integrum Holdings fits a seller
Integrum fits owners of large, growing services businesses in insurance distribution, wealth management, professional services or payments who want a partner to invest in technology and talent. Its deals tend to leave management and employees with real ownership: Stout's employee shareholders kept a meaningful stake, and Allworth's employee and advisor owners kept significant ownership next to Integrum, Lightyear and Ontario Teachers'.
Its smallest stated check is $100 million, so most founder-owned companies would meet it only by selling to one of its portfolio companies, such as Evertree, a personal lines insurance agency that grows partly by buying and integrating other agencies. An owner should ask how many companies the fund plans to back and how long Integrum expects to hold. USI, which it backed in 2022, agreed in August 2026 to be sold to Aon.
Questions owners ask
How large are Integrum's investments?
Its October 2025 Fund II announcement said its equity commitments have ranged from $100 million to $1.2 billion per company, across the six companies it had backed at that time.
What sectors does Integrum invest in?
It targets technology-enabled services companies in North America in four areas: insurance services, payments, business and professional services, and capital-light financial services such as wealth management.
Does management keep equity when Integrum invests?
Usually, yes. In the Stout deal, existing employee shareholders kept a meaningful stake. At Allworth, employee and advisor shareholders kept significant ownership, and Program Productions' management stayed on as meaningful investors.
Sources
- S1Integrum home page Accessed October 20, 2026
- S2Integrum: Approach Accessed October 20, 2026
- S3Integrum: Portfolio Accessed October 20, 2026
- S4Integrum Raises $2.5 Billion for Oversubscribed Fund II (October 14, 2025) Accessed October 20, 2026
- S5Integrum: News Accessed October 20, 2026
- S6Stout Announces New Investment Partnership with Integrum (June 2, 2025) Accessed October 20, 2026
- S7Allworth Financial Announces Expansion of Strategic Investor Group (April 30, 2026) Accessed October 20, 2026
- S8Program Productions Partners with Integrum (March 27, 2024) Accessed October 20, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Integrum Holdings. Figures are as reported on the dates shown and may have changed. Request a correction