Buyers by location

Private Equity Firms in Wisconsin

7 firms profiled · Updated November 3, 2026

Wisconsin’s private equity firms reflect the state’s economy: manufacturing, food processing, distribution and the family businesses that supply them. Milwaukee has the largest group of firms, with others in Madison and the Fox Valley, and many of them prefer companies that make or move something physical and have deep local roots.

The buyers here are a mix. Some are traditional funds that buy control and build larger companies through add-ons. Others invest long-term capital from a family, a holding company or, in one case, a tribal community’s economic development arm, and can own a business without a set exit date. That difference matters to an owner who cares about what happens to the company and its people years after a sale.

A buyer based in the state can also make the first months easier. It is likely to know the local banks, accountants and attorneys, to understand how family companies here are run, and to be close enough for plant visits and management meetings without much planning. Conversations about succession, the family’s role and long-serving employees tend to go more smoothly with someone who has done them nearby before.

Geography is only one filter, though. Wisconsin firms often buy across the Midwest and beyond, and many active buyers of Wisconsin companies are based in Chicago, Minneapolis or on the coasts. The more useful questions are whether a firm has owned companies like yours, whether it wants full control or a partnership, and how sellers describe working with it after the deal closed.

Each profile below lists the firm’s announced deals from the last two years with dates and sources, its stated size range and its current portfolio, so you can see quickly which Wisconsin buyers are active in your industry and how they structure deals.

Greymont is paid by buyers, never by owners. Greymont can help Wisconsin owners compare these firms with national buyers active in the Upper Midwest and find the right fit.

Who would buy your company? The free Buyer Finder shows how many buyers fit a company like yours by industry, state and size.

7 firms, most recent deals first

Mason Wells

Milwaukee, WI · $5M to $30M EBITDA

Majority buyouts of Midwest family companies with $25M to $300M of revenue in packaging, engineered products, consumer goods and business services.

Latest deal Oct 2026

Borgman Capital

Milwaukee, WI · $2M to $15M EBITDA

Milwaukee independent sponsor buying founder and family businesses with $10M to $100M of revenue and $2M to $15M of EBITDA, mostly in the Midwest.

Latest deal Oct 2026

Madison Lake Capital

Madison, WI · $3M to $15M EBITDA

Wisconsin independent sponsor buying companies with $3M to $15M of EBITDA; owns industrial platforms in cylinders, coatings and machine parts.

Latest deal Sep 2026

Nesnah Ventures

La Crosse, WI · Deal size not disclosed

Wisconsin family holding company that buys and keeps small family businesses, with options like seller notes, earn-outs and a retained stake.

Latest deal Aug 2026

OwnersEdge

Waukesha, WI · Deal size not disclosed

100% employee-owned ESOP holding company buying healthy Midwest technology and manufacturing businesses to hold long term; no dollar range published.

Latest deal Mar 2026

Fox River Capital

Appleton, WI · $0.5M to $5M EBITDA

Long-term buyer of Wisconsin manufacturing, distribution and trades businesses with $500K to $5M EBITDA, focused on owners nearing retirement.

Latest deal August 2025

Potawatomi Ventures

Milwaukee, WI · Deal size not disclosed

Tribally owned Milwaukee holding company that buys control of profitable, stable businesses with 3+ years of positive cash flow and holds long term.

Latest deal Jul 2025

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