Lower middle market private investment firm
Platform Partners
- HeadquartersHouston, TX S1
- Founded2006 S1
- Websiteplatformllc.com
- Last verifiedOctober 26, 2026
At a glance
| Assets under management | $800M (as of Oct 2026) S2 |
|---|---|
| Check size | $25M to $100M S2 |
| Deal types | Platform, Add-on, Minority, Growth S2 |
| Sectors | Roofing, Construction Services, Environmental & Waste, Healthcare Services, Accounting & Professional Services, Industrial & Manufacturing, Education, Software & SaaS |
What Platform Partners buys
Platform Partners is a Houston investment company founded in 2006 that invests from a perpetual holding company with permanent capital, not from a fund with a fixed life. It manages about $800 million and aims to put $25 million to $100 million of equity into each lower middle market company, not counting co-investors. Deals can be buyouts, recapitalizations, growth capital, buyouts of family or partner stakes, management buyouts or significant minority stakes, using common equity, preferred equity or subordinated debt. It looks for strong free cash flow, a capable management team and room to grow by acquisition in a fragmented industry.
Target industries include business services, consumer products, energy, financial and insurance services, industrial services and distribution, media, payments, retail and telecommunications. Current holdings range from Champion Contractors & Services, a national commercial roofing contractor bought in October 2025, and Progressive Pipeline Management in gas pipeline rehabilitation, to July Business Services in 401(k) administration and Principle Health Systems in mobile diagnostics. Several of these companies buy smaller firms, which is the likeliest route in for a smaller owner.
Recent deals
Announced in the 24 months before October 26, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Oct 2025 | Champion Contractors & ServicesMajority recapitalization of a Round Rock, Texas commercial roofing and storm restoration contractor; the founder wanted liquidity and a growth partner | Platform | Roofing | Source |
| Aug 2025 | Encino EnergyEncino sold its entire stake in Encino Acquisition Partners to EOG Resources in a $5.6 billion deal, after a 14-year partnership | Exit | Source | |
| Aug 2025 | Lindau ChemicalsSouth Carolina specialty chemical maker added to South Coast Terminals | Add-on | Industrial & Manufacturing | Source |
| Jun 2025 | Employee Incentive PlansRetirement plan administrator added to July Business Services, its seventh acquisition in two years | Add-on | Accounting & Professional Services | Source |
| Apr 2025 | Foreign Cultural Exchange ConsultantsTeacher recruiter in the Philippines added to Alliance Strategies | Add-on | Education | Source |
| Mar 2025 | Heartland Health LaboratoryKansas City area clinical laboratory added to Principle Health Systems | Add-on | Healthcare Services | Source |
| Dec 2024 | Wild PacksScottish US summer camp program specialist added to Alliance Strategies | Add-on | Education | Source |
| Oct 2024 | Progressive Pipeline ManagementNew Jersey trenchless gas pipeline rehabilitation contractor; the founder and CEO keeps running it and retains a large stake | Platform | Construction Services | Source |
Portfolio by sector
From the firm's portfolio page S3.
Business Services
- Alliance HCM
- Alliance Strategies
- NextEdge Networks
Construction
- Dynamic Glass
Construction Services
- Champion Services Holdings
Energy
- Expedition Water Solutions
Energy Management
- Twin Eagle
Financial Services
- ALM First
- July Business Services
Healthcare
- Principle Health Systems
- ShiftKey
Industrial Services
- Process Service Specialists (PSS)
Infrastructure Services
- Progressive Pipeline Management
Power Generation
- Basin Creek
Specialty Chemicals
- South Coast Terminals
Staffing
- Evette Staffing
Past investments: Encino Energy, Exact Payments, Evergreen North America, M&O Marketing, Envoy Mortgage, SmartSky Networks, Vortex Companies, GHR Healthcare, Beneplace, Firestone & Robertson, Cadence Bancorp, Avalon Advisors, Landmark Aviation, Santa Barbara TPG, TRE Financial Services
Greymont’s take
How Platform Partners fits a seller
Platform's main difference is its permanent capital. Because it does not invest from a fund that must hand money back to investors by a set date, it can hold a company indefinitely, and it says it manages each investment as if it will own it forever. For an owner, that means no forced resale on a fund timetable and the option to sell only part of the business, in some structures keeping majority control. The founder of Progressive Pipeline Management kept a large stake and still runs the company, while Champion's founder used a majority recapitalization to take money off the table.
The trade-off is that any later sale of the owner's remaining shares is decided jointly with Platform and management rather than on a schedule. Owners should ask how and when they could sell those shares, whether Platform would buy them, and how the company will be valued in the meantime.
Questions owners ask
How is Platform Partners different from a typical private equity firm?
It invests from a perpetual holding company with permanent capital instead of a fund with a fixed term, so there is no exit deadline. It says it runs each investment as if it will own it forever, though it may still sell if owners and management agree the time is right.
How much does Platform Partners invest in a company?
It targets equity investments of $25 million to $100 million per company, not counting money from co-investors, and reports about $800 million of assets under management. It does not publish a revenue or EBITDA range.
Can an owner keep control after Platform invests?
In some structures, yes. Platform offers to buy out family members or other shareholders while the owner-operator keeps majority control, and it also takes significant minority positions with board representation or governance rights.
Does Platform Partners buy roofing or construction services companies?
Yes. In October 2025 it completed a majority recapitalization of Champion Contractors & Services, a national commercial roofing and storm restoration contractor in Round Rock, Texas. It also owns Progressive Pipeline Management, Dynamic Glass and Process Service Specialists.
Sources
- S1Platform Partners home page Accessed October 26, 2026
- S2Platform Partners: Our Strategy (investment criteria) Accessed October 26, 2026
- S3Platform Partners: Our Partners (active and realized) Accessed October 26, 2026
- S4Platform Partners: News Accessed October 26, 2026
- S5Platform Partners Acquires Champion Contractors & Services (October 7, 2025) Accessed October 26, 2026
- S6Platform Partners: Champion Services Holdings Accessed October 26, 2026
- S7Platform Partners Completes Investment in Progressive Pipeline Management (October 29, 2024) Accessed October 26, 2026
- S8Platform Partners: Expedition Water Solutions Accessed October 26, 2026
- S9Encino Energy Sells Stake in Encino Acquisition Partners for $5.6BN (August 12, 2025) Accessed October 26, 2026
- S10Platform Partners: NextEdge Networks 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 Platform Partners. Figures are as reported on the dates shown and may have changed. Request a correction