Lower middle market private equity firm

Kian Capital

At a glance

Assets under management$1.1B (as of October 2026) S2
Latest fundKian Growth Partners III, $400M (May 2023) S6
EBITDA range$3M to $15M S3
Revenue range$10M to $100M S3
Check size$15M to $40M S3
Deal typesPlatform, Add-on, Minority, Growth S3
SectorsLandscaping, Auto Services & Collision, Healthcare Services, Distribution, Construction Services, Consumer & Food

What Kian Capital buys

Kian Capital Partners is a lower middle market investor with offices in Atlanta and Charlotte and about $1.1 billion under management. Its focus today is essential services, such as landscaping, auto repair, fueling station service, fence and gate work and practice management for doctors, plus value-added distribution such as HVAC equipment wholesaling. It looks for companies with $10 million to $100 million of revenue and $3 million to $15 million of EBITDA, and puts $15 million to $40 million into each deal.

Kian is flexible on structure. It can own a majority or a minority of a company, it puts both equity and debt into its deals, and it will do buyouts, recapitalizations and growth financings. It wants to be the first outside investor in a founder-owned business. A smaller company is most likely to meet Kian as an add-on: Integrity Landscape, PARC Auto, SPATCO and Perimeter Holdings USA have each said publicly that they want to buy more businesses.

Recent deals

Announced in the 24 months before October 26, 2026.

DateCompanyTypeSectorSource
Oct 2026Allen SupplyFamily-owned Michigan distributor of commercial doors and hardware, founded in 1950, becomes a new distribution platformPlatformDistributionSource
Oct 2026TAP IndustriesTennessee distributor of commercial doors, frames and hardware joined Allen Supply; its president stays with the businessAdd-onDistributionSource
Oct 2026Integrity LandscapeBay Area commercial landscaping platform; the founder keeps a stake and a board seatPlatformLandscapingSource
Jun 2026Discovery Tank Testing and Tank WizardsFlorida tank testing, compliance and tank cleaning firms added to SPATCO Energy SolutionsAdd-onSource
Feb 2026Christensen Landscape ServicesAdded to Diamond LandscapingAdd-onLandscapingSource
Dec 2025Perimeter Holdings USAGate, fence and access control platform in New York and Connecticut, formed with Bochi Investments and Skyline Global PartnersInvestmentConstruction ServicesSource
Nov 2025Arizona Outdoor DesignsScottsdale luxury landscaper added to Diamond Landscaping; the founder and his team stay onAdd-onLandscapingSource
Sep 2025Excell Fueling SystemsAdds commercial fueling services in Texas for SPATCO Energy SolutionsAdd-onSource
Jan 2025Eden BrothersOnline seed and bulb retailer in Asheville, NC; the founder kept a large stakePlatformConsumer & FoodSource
Dec 2024Roar EngineeringAdded to forensic engineering platform Sdii GlobalAdd-onAccounting & Professional ServicesSource
Nov 2024US VisionMed PartnersPractice support platform for medically focused optometry groups, formed with RF Investment PartnersPlatformHealthcare ServicesSource

Portfolio by sector

From the firm's portfolio page S4.

Essential Services

  • Diamond Landscaping
  • Integrity Landscape
  • LaborLawCenter
  • Max Surgical Specialty Management
  • PARC Auto
  • Perimeter Holdings USA
  • Sdii Global
  • Sentrics
  • SPATCO Energy Solutions
  • US VisionMed Partners

Non-Core

  • Charles Products
  • The Eastwood Company
  • Eden Brothers
  • T Sportline

Value-Added Distribution

  • Team Air Distributing
  • Allen Supply

Greymont’s take

How Kian Capital fits a seller

Kian suits founders who have never taken outside money and want a partner that can do either a majority sale or a minority deal. Because it mixes equity and debt, an owner can take cash out while keeping a real stake, and Kian says its equity goes in on the same terms as management's. Recent deals show founders staying involved: the Integrity Landscape founder kept a stake and a board seat, and the Arizona Outdoor Designs founder stayed on with his whole leadership team.

For owners of landscaping, auto repair, fence and gate or fueling service businesses, selling to an existing Kian platform as an add-on is a realistic path. Owners should ask how much of the deal will be debt rather than equity, and how long Kian expects to hold the business, since it used a continuation fund in 2024 to keep SPATCO longer.

Questions owners ask

What size company does Kian Capital look for?

Its published profile targets companies with $10 million to $100 million of revenue and $3 million to $15 million of EBITDA. It typically invests $15 million to $40 million in each deal.

Does Kian Capital buy auto repair shops?

Yes. In 2023 it launched PARC Auto by buying a Meineke Car Care Center franchisee in Louisville. By August 2024 PARC had 35 locations and was looking for more Meineke franchisees and independent general repair shops to join.

Will Kian take a minority stake instead of buying the whole company?

Yes. Kian says it can be a majority or a minority owner and invests both debt and equity in every deal. It does buyouts, recapitalizations and growth financings, and aims to be the first institutional investor in a founder-owned business.

Is Kian buying landscaping companies?

Yes. It backs Diamond Landscaping, a luxury residential platform that added Arizona Outdoor Designs in November 2025 and Christensen Landscape Services in February 2026. In October 2026 it bought Integrity Landscape, a commercial landscaping platform in the San Francisco Bay Area.

Sources

  1. S1Kian Capital home page Accessed October 19, 2026
  2. S2Kian Capital: About Kian Accessed October 19, 2026
  3. S3Kian Capital: Investment Profile Accessed October 19, 2026
  4. S4Kian Capital: Our Portfolio Accessed October 19, 2026
  5. S5Kian Capital: Contact Us (Atlanta and Charlotte offices) Accessed October 19, 2026
  6. S6Kian Capital Closes Oversubscribed Third Fund at $400 Million (May 1, 2023) Accessed October 19, 2026
  7. S7Kian Capital Partners and Apogem Capital Close $230 Million Continuation Fund (July 25, 2024) Accessed October 19, 2026
  8. S8Kian-Backed PARC Auto Becomes Largest Meineke Franchisee (August 15, 2024) Accessed October 19, 2026
  9. S9Kian Capital: Our Approach Accessed October 19, 2026
  10. S10Business Wire: Kian Grows Essential Services Focus with Acquisition of Integrity Landscape (October 8, 2026) Accessed October 19, 2026
  11. S11Kian Capital News Accessed October 19, 2026
  12. S12Kian Capital Launches Multi-Regional Commercial Door and Hardware Distribution Platform with Allen Supply and the Add-on Acquisition of TAP Industries (October 20, 2026) Accessed October 26, 2026

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

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