Buy-and-hold holding company backed by individual and family investors
Second Flight Capital
- HeadquartersDayton, OH S2
- Founded2022 S2
- Websitesecondflightcapital.com
- Last verifiedNovember 5, 2026
At a glance
| Deal types | Platform, Add-on S7 |
|---|---|
| Geography | Within about 200 miles of Dayton, Ohio S1 |
| Sectors | Industrial & Manufacturing |
What Second Flight Capital buys
Second Flight Capital is a Dayton, Ohio investor that buys local companies and plans to keep them permanently. It stays within about 200 miles of Dayton, so a business outside that circle is not a fit. Kyle Brandon founded it in 2022. It says it is not a traditional fund: its money comes from individuals and families it calls Mission Partners, who want both steady income and long-term equity. It looks for proven businesses with strong cultures, durable cash flow and room to grow, and it publishes no revenue or EBITDA range.
So far its buying sits in one platform, Corterra Group, which makes wire harnesses and control panels and does systems integration. Qualtronics, a wire harness maker with over 120 employees, came first in November 2023. Three add-ons followed through May 2026. Its mission is rooted in Christian conviction. A smaller wire harness or controls company in the region is most likely to meet the firm as an add-on to Corterra.
Recent deals
Announced in the 24 months before November 5, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| May 2026 | Precision Manufacturing Company Inc. (PMCI)Dayton wire harness and box build maker added to Corterra Group; its president stays as general manager | Add-on | Industrial & Manufacturing | Source |
| November 2025 | System 7West Liberty, Ohio systems engineering and integration firm added to Corterra Group | Add-on | Industrial & Manufacturing | Source |
| Dec 2024 | Panel Control Integrators (PCI)Anna, Ohio control panel maker, bought as Panel Control Incorporated, joined Qualtronics in the platform | Add-on | Industrial & Manufacturing | Source |
Portfolio by sector
From the firm's portfolio page S8.
Corterra Group
- Qualtronics
- Panel Control Integrators (PCI)
- System 7
- Precision Manufacturing Company Inc. (PMCI)
Greymont’s take
How Second Flight Capital fits a seller
Second Flight suits a retiring owner within about 200 miles of Dayton who cares most about what happens to employees and the community after the sale. It says it buys to hold permanently, so it does not plan a later resale. Handovers have varied: at Qualtronics a new CEO took over from the owner, while at Precision Manufacturing the president stayed on as general manager.
Faith is open and central here. Second Flight roots its mission in Christian conviction, and Corterra's mission statement speaks of honoring God and developing people spiritually, so an owner should be comfortable with that. Because it publishes no size range and raises money from individuals and families, ask what size of company it can buy, how a deal would be financed and how much of the price is paid at closing.
Questions owners ask
How far from Dayton will Second Flight Capital buy?
It concentrates on businesses within a 200-mile radius of Dayton, Ohio, because it believes local ownership matters. Its deals so far have been in Dayton, Anna and West Liberty, Ohio, and Columbus, Indiana.
What size company does Second Flight Capital buy?
It does not publish a revenue or EBITDA range. The only size marker is its first deal, Qualtronics, which employed over 120 people when it was bought in November 2023.
Does Second Flight Capital sell its companies?
Its founder describes it as a community of investors that buys regional businesses to hold them permanently. Its site shows no sale of any company it has bought.
Does the owner stay on after a sale to Second Flight Capital?
It varies. At Precision Manufacturing Company, the president stayed on as general manager in 2026. At Qualtronics, a new CEO who also wanted to invest succeeded the owner in 2023.
Sources
- S1Second Flight Capital home page Accessed November 5, 2026
- S2Second Flight Capital: Who We Are Accessed November 5, 2026
- S3Second Flight Capital: What We Do Accessed November 5, 2026
- S4Qualtronics LLC Acquired by Second Flight Capital (November 2023) Accessed November 5, 2026
- S5Second Flight Capital Announces Acquisition of Panel Control Incorporated (December 2024) Accessed November 5, 2026
- S6Second Flight Capital Announces Acquisition of System 7 (November 2025) Accessed November 5, 2026
- S7Corterra Group and Second Flight Capital Announce Acquisition of Precision Manufacturing Company (May 2026) Accessed November 5, 2026
- S8Corterra Group home page Accessed November 5, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Second Flight Capital. Figures are as reported on the dates shown and may have changed. Request a correction