Multi-family office

Lometa Capital Partners

At a glance

Latest fundLometa Capital Partners Fund I, $75M S7
EBITDA range$2M to $10M S4
Check size$10M to $75M S4
Deal typesPlatform, Add-on, Minority, Growth S4
GeographyNorth America S4
SectorsIndustrial & Manufacturing, Software & SaaS, Accounting & Professional Services, Distribution

What Lometa Capital Partners buys

Lometa Capital Partners is a multi-family office in Sugar Land, Texas. Business leaders and families pool their money and contacts through it, and it described its debut fund as $75 million when it held a first close in January 2020. Because that capital has no set end date, Lometa can keep a company indefinitely and says the best time to sell may be never. It does control buyouts, recapitalizations and growth deals, has also taken minority stakes, and works with independent sponsors who bring it opportunities.

Its target is a company owned by an entrepreneur, a family or its employees, based in North America, with $2 million to $10 million of EBITDA, in a deal of $10 million to $75 million. It focuses on business services, including software and outsourced back-office work, and on niche manufacturing such as building products, process controls, specialty materials and specialty distribution. Current holdings include D&S Car Wash Supply, National Gym Supply and Preferred Mortgage Services. A smaller company can also fit as an add-on: National Gym Supply bought Intek Strength and Orthotech in 2025.

Recent deals

Announced in the 24 months before November 3, 2026.

DateCompanyTypeSectorSource
Aug 2025Intek Strength and Orthotech Sports-Medical EquipmentMaker of commercial weightlifting products and a fitness equipment distributor, added to National Gym Supply; announced by the sellers' advisorAdd-onIndustrial & ManufacturingSource

Portfolio by sector

From the firm's portfolio page S5.

Acquired (December 2021)

  • D&S Car Wash Supply

Acquired (February 2023)

  • National Gym Supply

Acquired (July 2021)

  • KensieMae

Acquired (October 2020)

  • Applied Business Software

Minority Investment (November 2022)

  • Artistic Paver Manufacturing

Minority Investment (September 2019)

  • Monaco Enterprises

Recapitalization (February 2024)

  • Preferred Mortgage Services (PMSI)

Venture Investment (April 2023)

  • FlexWash Technologies

Past investments: Upper Hand

Greymont’s take

How Lometa Capital Partners fits a seller

Lometa suits a family or employee-owned company that cares what happens after the sale, because its capital has no fund deadline that forces a resale after five or so years. That can matter to an owner who wants staff, customers and the company name looked after. It is also flexible on structure, from a full buyout to a minority or growth deal, so an owner who wants to keep a stake or stay in charge has room to negotiate.

It is a small team with a concentrated portfolio, and its own news page has not been updated since April 2024. Owners should ask how much capital it can commit today, whether a deal would lean on outside co-investors or a junior lender, and who from Lometa would sit on the board. Its car wash equipment and fitness parts companies show it does back add-ons for the businesses it already owns.

Questions owners ask

What size companies does Lometa Capital Partners buy?

Its criteria call for $2 million to $10 million of EBITDA and transactions of $10 million to $75 million, in businesses owned by entrepreneurs, families or employees and based in North America.

Does Lometa have to sell its companies after a few years?

No. It invests with an unlimited horizon and no set exit date. It says it does not rule out a sale but runs each company as if it will own it for the long term.

Will Lometa take a minority stake?

Yes. Its portfolio page lists minority investments, including Artistic Paver Manufacturing in November 2022, which Lometa backed alongside another investor's purchase of the company.

What has Lometa done recently?

In August 2025 its portfolio company National Gym Supply bought Intek Strength, a maker of commercial weightlifting products, and Orthotech Sports-Medical Equipment, according to the sellers' advisor. Lometa's last posted deal of its own was Preferred Mortgage Services in March 2024.

Sources

  1. S1Lometa Capital Partners home page Accessed November 3, 2026
  2. S2Lometa Capital Partners: Background Accessed November 3, 2026
  3. S3Lometa Capital Partners: Approach Accessed November 3, 2026
  4. S4Lometa Capital Partners: Investment Criteria Accessed November 3, 2026
  5. S5Lometa Capital Partners: Portfolio Accessed November 3, 2026
  6. S6Lometa Capital Partners: News Accessed November 3, 2026
  7. S7Lometa Capital Partners Announces First Close for Fund I (January 7, 2020) Accessed November 3, 2026
  8. S8National Gym Supply Expands Operations with Acquisition of Intek Strength (Sequel Advisors, formerly Transact Capital, August 15, 2025) Accessed November 3, 2026
  9. S9A New Chapter for Upper Hand (Upper Hand, December 11, 2025) Accessed November 3, 2026

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

For business owners

Thinking about selling? Start here.

We work for the buyers, so owners never pay us a fee or a share of proceeds. See what your business could be worth and how many buyers fit a company like yours, or start a confidential conversation.