Single family office private investment firm
Kaulig Capital
- HeadquartersHudson, OH S1
- Websitekauligcapital.com
- Last verifiedOctober 29, 2026
At a glance
| EBITDA range | $2M+ S2 |
|---|---|
| Revenue range | $10M+ S2 |
| Check size | Up to $30M S2 |
| Deal types | Platform, Add-on, Minority, Growth S2 |
| Geography | United States S2 |
| Sectors | Consumer & Food, Distribution, Dental, Industrial & Manufacturing, Construction Services |
What Kaulig Capital buys
Kaulig Capital is the investment arm of Matt Kaulig's single-member family office in Hudson, Ohio. It puts the family's own money to work, so it says it can keep a company indefinitely and is not bound to one theme, holding period or deal structure. For private equity it wants profitable, growing US companies with at least $10 million of revenue and $2 million of EBITDA, and it writes equity checks of up to $30 million, more with partners. It favors high gross margins, low capital spending and strong management, and it skips venture, oil and gas, and high tech.
It backs several kinds of deals: owners who want partial liquidity or a recapitalization, operators who need a partner to buy a business, independent sponsors looking for a majority equity partner, and growth or acquisition capital. Many holdings are co-investments led by another sponsor, such as Gridiron Capital at Leaf Home and FalconPoint Partners at Jennmar. A smaller company can meet Kaulig directly, as Turnserv did with a minority growth investment, or as an add-on to a holding like Action Industries.
Recent deals
Announced in the 24 months before October 29, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Jul 2026 | Montana Party RentalsBozeman event rental company added to Curated Events; its founder stays on to lead the business locally | Add-on | Source | |
| Jul 2026 | Select Dental ManagementGuardian Dentistry Partners agreed to buy a majority stake, adding 38 dental practices in the Northeast | Add-on | Dental | Source |
| Jun 2026 | JennmarPartial exit: KPS Capital Partners completed a majority investment, and FalconPoint Partners and Kaulig keep a significant minority stake | Exit | Industrial & Manufacturing | Source |
| May 2026 | Dumotech Industrial ProductsJennmar bought selected assets of the Quebec supplier to get closer to hardrock mining customers | Add-on | Industrial & Manufacturing | Source |
| Jan 2026 | See-Hear ProductionsScenic production and custom fabrication firm added to Curated Events | Add-on | Source | |
| Sep 2025 | Erie HomeLeaf Home combined with Erie Home, two home improvement companies Kaulig has backed | Add-on | Construction Services | Source |
| Aug 2025 | Weber Mining & TunnellingJennmar added manufacturing plants in France and Poland | Add-on | Industrial & Manufacturing | Source |
| May 2025 | Rohrig Heavy Equipment MaintenanceHeavy equipment maintenance business added to Jennmar | Add-on | Industrial & Manufacturing | Source |
| Apr 2025 | All-Tech EngineeringAutomation engineering firm added to Jennmar | Add-on | Industrial & Manufacturing | Source |
| Feb 2025 | SSAB rock bolt facilityJennmar bought a rock bolt plant in Sweden from SSAB | Add-on | Industrial & Manufacturing | Source |
Portfolio by sector
From the firm's portfolio page S3.
Construction Services
- Erie Home Solutions
- Leaf Home
- Turnserv
Consumer & Food
- Athletic Greens (AG1)
- Buckeye Scalloping Company and Ligia Scalloping Company
- Canyon Bicycles
- Cirkul
- Hyperice
- Kinder's
- LA Golf
- Lone Star Beef Holdings
- Rhone
- Silca
- Wolf & Shepherd
Dental
- Guardian Dentistry Partners
Distribution
- Action Industries
- Gabriel-Glas North America
Industrial & Manufacturing
- Jennmar
- Smart Vent
Software & SaaS
- Felux
- Templum
Other
- Certified Collectibles Group
- Curated Events
- Fountain Digital
- ShareNett
Past investments: Aki Technologies, Farmstead, Foundation Wellness, FreshEdge, Phillips Syrups & Sauces, Sill Company, Volta
Greymont’s take
How Kaulig Capital fits a seller
Kaulig suits an owner who wants a long-term partner rather than a buyer working to a fixed exit date. It invests family money, so there is no fund clock, and it has taken both control and minority positions. An owner who wants to sell part of the company and keep running it can look at Turnserv, where Kaulig made a growth equity investment in June 2024 and said it would build the brands with founder Tyler Dunagin and his team. Kaulig also works through independent sponsors, so a sale may involve a second firm running the deal with Kaulig as the main source of equity.
Two questions matter. First, who leads the deal and sits on the board: Kaulig's own team or a sponsor partner? Second, how long does the family office expect to hold its stake, given that Jennmar, a co-investment, moved to a new majority owner in 2026 while Kaulig kept a minority piece?
Questions owners ask
What size company does Kaulig Capital look for?
Its private equity page asks for profitable companies with at least $10 million of revenue, $2 million of EBITDA and a record of year-over-year growth. Equity checks run up to $30 million, and it can bring in partners for larger deals.
Does Kaulig Capital take minority stakes?
Yes. It says it is not tied to one structure, and in June 2024 it made a growth equity investment in Turnserv, an Ohio apartment-turnover services company. It also kept a significant minority stake in Jennmar after KPS Capital Partners took control in 2026.
Does Kaulig Capital work with independent sponsors?
Yes. Its criteria name fundless sponsors that need a majority partner for club deals, and several holdings came through sponsor partners, including Curated Events with Blue Marlin Partners and Jennmar with FalconPoint Partners.
How long does Kaulig Capital hold its investments?
Because it invests the family's own capital, it says it can own a company indefinitely and puts growth ahead of an exit date. It has still sold companies, such as Phillips Syrups & Sauces to Lyons Magnus in 2021.
Sources
- S1Kaulig Capital home page Accessed October 29, 2026
- S2Kaulig Capital: Private Equity investment focus and approach Accessed October 29, 2026
- S3Kaulig Capital: Portfolio Companies (page 1) Accessed October 29, 2026
- S4Kaulig Capital: Portfolio Companies (page 2) Accessed October 29, 2026
- S5Kaulig Capital: Portfolio Companies (page 3) Accessed October 29, 2026
- S6Kaulig Capital: Turnserv (growth equity investment, June 26, 2024) Accessed October 29, 2026
- S7Kaulig Capital: Curated Events (invested 2023 through Blue Marlin Partners) Accessed October 29, 2026
- S8Kaulig Capital: Jennmar (brought in through FalconPoint Partners) Accessed October 29, 2026
- S9Kaulig Capital: Action Industries (acquired from MCM Capital in 2021) Accessed October 29, 2026
- S10Kaulig Capital Announces Leadership Promotions (February 17, 2025) Accessed October 29, 2026
- S11Kaulig Capital: News 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 Kaulig Capital. Figures are as reported on the dates shown and may have changed. Request a correction