Lower middle market private equity firm

Silver Peak Partners

At a glance

EBITDA range$2M to $10M S2
Deal typesPlatform, Add-on, Minority S2
GeographyUnited States S2
SectorsEnvironmental & Waste, Industrial & Manufacturing, Construction Services

What Silver Peak Partners buys

Silver Peak Partners is a small Denver private equity firm that invests in founder and family-owned companies with roughly $2 million to $10 million of EBITDA, anywhere in the U.S. It picks industries by theme. The current list covers infrastructure (water systems, energy build-out and maintenance), recycling and environmental services, aerospace and defense, small precision manufacturing, agribusiness, and value-added distribution of medical equipment and replacement parts. It will look at smaller deals as add-ons.

The firm's structure is unusual: it never buys 100% of a platform. It takes a controlling stake, or sometimes a minority stake with protections, while the selling owners keep a meaningful share and managers get more equity. Most of its deals are recapitalizations done alongside mezzanine or co-investment partners such as Peninsula Capital Partners and True West Capital Partners. Its two current holdings are both environmental: StormWater Pros, an Arizona drainage and stormwater services company, and Capital City Refuse, a Nebraska waste hauler.

Recent deals

Announced in the 24 months before November 2, 2026.

DateCompanyTypeSectorSource
May 2025Capital City RefuseRecapitalization of a family-owned Lincoln and Omaha, Nebraska waste hauler, alongside the family and Peninsula Capital PartnersPlatformEnvironmental & WasteSource

Portfolio by sector

From the firm's portfolio page S4.

Infrastructure / Environmental

  • StormWater Pros
  • Capital City Refuse

Past investments: Evergreen Research (ERI), CG Environmental (The Cleaning Guys), American Alloy, Elite Surface Infrastructure (PLM, Rocky Mountain Excavating, Elite Heavy Haul), Beacon Communications, Intermountain Drilling Supply, Freshpack Produce, Pro-Vac, Everson's Econo-Vac, Medsource Holdings, Pipeline Industries, Portal Service

Greymont’s take

How Silver Peak Partners fits a seller

Silver Peak suits a founder or family that wants to take some money off the table but keep a real stake and stay involved. Because it never buys all of a platform, the owner always rolls part of the equity, and the firm says the second sale could be worth as much as the first. The Capital City Refuse deal in May 2025 follows that pattern: the family stayed as partners while Silver Peak and Peninsula Capital came in to fund growth.

It is a good match for owners of waste hauling, stormwater, vacuum and sewer services, and small precision manufacturers in the $2 million to $10 million EBITDA range. New platforms come only every few years lately (2020, 2022 and 2025), so an owner should ask who is supplying the rest of the capital, since past deals relied on mezzanine partners, how much debt the company would carry, and how long Silver Peak usually holds.

Questions owners ask

What size company does Silver Peak Partners invest in?

Its criteria page targets platform companies with $2 million to $10 million of EBITDA, while its home page says $3 million to $10 million. It will consider smaller companies as add-ons to existing holdings.

Will Silver Peak buy 100% of my company?

No. It says it does not buy full ownership of platform companies. It takes a controlling or protected minority stake, the selling owners keep part of the equity, and management usually gets a larger ownership share.

Does Silver Peak invest in waste and environmental services?

Yes, it is a stated theme. Both current holdings are environmental: StormWater Pros (drywells, hydro-excavation and stormwater maintenance in the Southwest) and Capital City Refuse (Nebraska waste collection and roll-offs). Earlier holdings included CG Environmental, Pro-Vac and Econo-Vac.

Sources

  1. S1Silver Peak Partners home page (Denver address) Accessed November 2, 2026
  2. S2Silver Peak Partners: Investment Criteria & Transaction Structuring Accessed November 2, 2026
  3. S3Silver Peak Partners: Focus Industries Accessed November 2, 2026
  4. S4Silver Peak Partners: Investments (current and previous) Accessed November 2, 2026

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

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