Middle market private equity firm focused on financial and business services

Lovell Minnick Partners

At a glance

EBITDA range$5M to $30M S2
Deal typesPlatform, Add-on, Growth S6
SectorsProperty Management & HOA, IT Services & MSP, Accounting & Professional Services, Wealth Management, Insurance Brokerage, Software & SaaS

What Lovell Minnick Partners buys

Lovell Minnick is a private equity firm based in Radnor, Pennsylvania, with a second office in New York. Since 1999 it has raised more than $6 billion to back companies in financial services, business services and the technology that supports them. Its published target is a company with $5 million to $30 million of EBITDA, strong organic growth and recurring or very predictable revenue, in a large and fragmented market with many founder-owned players. Recent deals cover accounting firms, wealth managers, insurance agencies and MGAs, payments businesses, benefits administrators and specialist advisory firms.

The firm invests both as a majority owner and as a growth partner where founders keep a large stake, and it builds each company through acquisitions; it counts more than 260 add-ons. A business below the $5 million EBITDA floor is most likely to meet Lovell Minnick as an add-on to a current holding, such as Net At Work in managed IT services, AKAM in condo and HOA management, Cohen & Co in accounting or Warner Pacific in insurance distribution.

Recent deals

Announced in the 24 months before October 20, 2026.

DateCompanyTypeSectorSource
Oct 2026PantaraiLoan closing and loan technology provider to be added to SRS AcquiomAdd-onSource
Oct 2026Cloud 9 ERP SolutionsAcumatica implementation partner added to Net At WorkAdd-onIT Services & MSPSource
May 2026Mortgage Credit LinkCredit and verification ordering hub added to Xactus, now run as XedaLinkAdd-onSoftware & SaaSSource
Apr 2026Complex CoverageHuntington, NY homeowners MGA; first deal for the newly formed Newport Specialty PartnersPlatformInsurance BrokerageSource
Apr 2026Beacon Global StrategiesStrategic investment in a geopolitical risk and national security advisory firmInvestmentAccounting & Professional ServicesSource
Feb 2026Baleen SolutionsSelf-employed income analysis software added to XactusAdd-onSoftware & SaaSSource
February 2026AKAMCommunity association manager for condos, co-ops and HOAs; month taken from the firm's portfolio pageInvestmentProperty Management & HOASource
Jan 2026SRS AcquiomSingle-asset continuation vehicle led by Carlyle AlpInvest extends the firm's ownershipInvestmentSource
Jan 2026Network Computer Solutions (NCS)Kansas managed service provider added to Net At Work; the local team stays in placeAdd-onIT Services & MSPSource
Oct 2025Valor PayTechFirst outside capital for a point-of-sale software and payments company, now part of SuedeInvestmentSource
Sep 2025Merchant IndustryMajority purchase of a card processing provider; the founders kept a large minority stakePlatformSource
Aug 2025Gioffre & CompanyWestchester County, NY accounting firm joined Cohen & CoAdd-onAccounting & Professional ServicesSource
Apr 2025Black, Gould & AssociatesPhoenix general agency added to Warner PacificAdd-onInsurance BrokerageSource
Mar 2025FortisNew equity in the embedded payments company alongside Audax Private EquityInvestmentSource
Jan 2025BroadstoneGrowth investment in a UK pensions, actuarial and employee benefits consultancy; management keeps a large stakeGrowthSource
Jan 2025Five general agencies from AcrisureBenefits general agencies added to Warner Pacific, effective December 1, 2024Add-onInsurance BrokerageSource
Nov 2024oneZeroGolden Gate Capital invested in the trading technology company; Lovell Minnick stayed onInvestmentSoftware & SaaSSource
Oct 2024Cohen & CoFirst institutional investment in a national tax and accounting firm, with more employees becoming ownersGrowthAccounting & Professional ServicesSource
Oct 2024Americana PartnersFirst outside investment in a Houston wealth manager with about $8.5 billion of assetsGrowthWealth ManagementSource

Portfolio by sector

From the firm's portfolio page S3.

Business Services

  • ACU-Serve
  • AKAM
  • Beacon Global Strategies
  • Broadstone
  • Charles Taylor
  • Cohen & Co
  • Definiti
  • Net At Work
  • Newport Specialty Partners
  • Reflect Health
  • SRS Acquiom
  • STP Investment Services
  • Xactus

Financial Services

  • Americana Partners
  • CenterSquare
  • Pathstone
  • The Trio Solution
  • Tortoise Capital
  • W1M
  • Warner Pacific

Related Technology

  • ATTOM Data Solutions
  • Engage People
  • Fortis
  • Inside Real Estate
  • oneZero
  • re:Members
  • Suede

Greymont’s take

How Lovell Minnick Partners fits a seller

For owners of accounting practices, wealth managers, insurance agencies, benefits administrators, IT managed service providers or community association managers, Lovell Minnick is a specialist buyer that already knows these businesses. Its releases show two common paths. A larger firm takes its first institutional money while founders and staff keep a meaningful stake, as at Americana Partners and Cohen & Co in 2024. A smaller firm joins an existing platform, as when Net At Work bought Kansas MSP NCS in January 2026 and kept the local team serving clients. In the 2025 Merchant Industry deal, the founders kept a large minority stake while a new CEO took over.

Owners should ask whether the deal is a full sale or a partnership, who will lead the company afterward, and how long the firm expects to hold it, since Lovell Minnick moved SRS Acquiom into a continuation vehicle in 2026 rather than selling it.

Questions owners ask

What size company does Lovell Minnick look for?

Its focus page sets a target of $5 million to $30 million of EBITDA, with strong organic growth and recurring or highly predictable revenue. Smaller businesses usually fit better as add-ons to one of its existing companies, which have completed more than 260 add-ons in total.

Does Lovell Minnick invest in IT managed service providers?

Yes. It made a growth investment in Net At Work in September 2023, which it describes as a managed IT services provider for small and mid-sized businesses. Net At Work bought Kansas MSP Network Computer Solutions in January 2026 and Acumatica partner Cloud 9 ERP Solutions in October 2026.

Does Lovell Minnick invest in property or HOA management companies?

Its portfolio lists AKAM, a New York firm that manages condominiums, cooperatives and single-family homeowner associations, with an investment date of February 2026. AKAM is shown as an active holding in its business services group.

Do founders keep equity after Lovell Minnick invests?

Often. Americana Partners' leaders and employees remained significant owners after the October 2024 investment, and the founders of Merchant Industry kept a substantial minority stake when the firm bought a majority in September 2025.

Sources

  1. S1Lovell Minnick home page (track record as of March 31, 2026) Accessed October 20, 2026
  2. S2Lovell Minnick: Our Focus Accessed October 20, 2026
  3. S3Lovell Minnick: Our Portfolio Accessed October 20, 2026
  4. S4Lovell Minnick: Contact (office locations) Accessed October 20, 2026
  5. S5Lovell Minnick Announces Close of Single Asset Continuation Vehicle for SRS Acquiom (January 21, 2026) Accessed October 20, 2026
  6. S6Lovell Minnick: News & Insights Accessed October 20, 2026
  7. S7Lovell Minnick portfolio: AKAM Accessed October 20, 2026
  8. S8Lovell Minnick portfolio: Net At Work Accessed October 20, 2026
  9. S9Net at Work Acquires NCS (January 12, 2026) Accessed October 20, 2026
  10. S10Lovell Minnick Partners Announces Growth Investment in Americana Partners (October 24, 2024) Accessed October 20, 2026
  11. S11Lovell Minnick Partners Announces Acquisition of Merchant Industry (September 29, 2025) Accessed October 20, 2026

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

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