Private equity firm focused on asset-backed industrial companies
Jordanelle Capital
- HeadquartersSalt Lake City, UT S2
- Founded2022 S5
- Websitejordanelle.com
- Last verifiedNovember 6, 2026
At a glance
| Deal types | Platform, Growth S3 |
|---|---|
| Geography | North America S3 |
| Sectors | Environmental & Waste, Industrial & Manufacturing |
What Jordanelle Capital buys
Jordanelle Capital is a Salt Lake City firm that invests in North American industrial companies built around physical assets and long-term contracts. It began inside Peterson Partners as Peterson Real Assets and became independent in 2022. Its target areas are recycling and the circular economy, midstream agriculture, specialty and industrial materials, and industrial manufacturing. It says it makes both growth and buyout investments and looks for companies at a turning point, where new capital can change what the business can do.
Jordanelle publishes no revenue, EBITDA or check size. Its one disclosed check is $35 million into BioFiltro, a wastewater treatment operator based in Davis, California, in November 2025. Its holdings mix operating companies with a project: BioFiltro and INCOA run today, while Crossroads Paper is a recycled paper mill still in development. A small, asset-light business is unlikely to fit. An owner with plants, heavy equipment or contracted assets that need capital is a better match.
Recent deals
Announced in the 24 months before November 6, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Nov 2025 | BioFiltro$35 million strategic investment in a Davis, California wastewater treatment company serving dairy, food processing and industrial customers; stake and security not stated | Investment | Environmental & Waste | Source |
Portfolio by sector
From the firm's portfolio page S4.
Our Portfolio
- BioFiltro
Our Portfolio (managed under a sub-advisory agreement with Peterson Real Assets)
- INCOA Performance Minerals
Our Portfolio (recycled paper mill in development)
- Crossroads Paper
Greymont’s take
How Jordanelle Capital fits a seller
This investor suits the owner of a capital-heavy industrial business, such as a recycler, processor or wastewater operator, who needs money to build or expand assets and wants to keep running the company. BioFiltro is the example: its co-founder is still CEO after the $35 million investment, and two Jordanelle partners sit on its board alongside other directors.
Owners should not assume this means a full sale. The firm says it does buyouts, but no page or release shows it taking control of a company, and the BioFiltro release calls the deal a strategic investment without naming a stake or security. The team is small, with four people listed, and the firm has no published size range. Ask what stake Jordanelle would want, whether it would invest in the company or in individual projects, and how much capital it has available.
Questions owners ask
Does Jordanelle Capital buy companies or fund projects?
Both appear in its portfolio. BioFiltro and INCOA are operating businesses, while Crossroads Paper is a recycled paper mill still in development. The firm says it makes growth and buyout investments, but no public source shows it holding control of a company.
Does Jordanelle Capital invest in wastewater or environmental services?
Yes. BioFiltro, based in Davis, California, owns and operates wastewater treatment systems for farms, food processors and industry. Jordanelle's $35 million investment was announced in November 2025, and two of its partners sit on BioFiltro's board.
How big a company does Jordanelle Capital look for?
It publishes no revenue, EBITDA or check size range. The only disclosed figure is the $35 million BioFiltro investment, and its criteria center on physical assets and contracts rather than a stated company size.
Sources
- S1Jordanelle Capital home page Accessed November 6, 2026
- S2Jordanelle Capital: About Us Accessed November 6, 2026
- S3Jordanelle Capital: Investment Strategy Accessed November 6, 2026
- S4Jordanelle Capital: Our Portfolio Accessed November 6, 2026
- S5Jordanelle Capital: Our Team Accessed November 6, 2026
- S6BioFiltro Secures $35 Million Investment from Jordanelle Capital (November 20, 2025) Accessed November 6, 2026
- S7BioFiltro: The VermiDigest, November 2025 Accessed November 6, 2026
- S8BioFiltro: Who We Are (board and leadership) Accessed November 6, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Jordanelle Capital. Figures are as reported on the dates shown and may have changed. Request a correction