Permanent capital holding company
Springdale Industries
- HeadquartersNew York, NY S1
- Founded2025 S1
- Websitespringdaleindustries.com
- Last verifiedNovember 13, 2026
At a glance
| Deal types | Platform, Add-on S1 |
|---|---|
| Geography | United States S2 |
| Sectors | Construction Services, Accounting & Professional Services |
What Springdale Industries buys
Springdale Industries is a permanent capital company that began operating in April 2025, with offices in New York and Tampa. It was founded by Jake Sloane and Frank Zhang, who also control a separate private equity manager, ZBS Partners. Springdale starts new platforms in industries made up of local businesses and partners with their owners. Owners sell part of the company, keep their brand and day-to-day control, and hold equity in their own business. With no fund clock, Springdale says it is not forced to sell on a set timeline.
Its own platforms so far are Liberty Paving Partners (commercial paving), Greenwood Advisors (advisers to veterinary practice owners) and Eagle Security Alliance (commercial security integrators), which received a commitment of more than $100 million in September 2026. It publishes no EBITDA or revenue range. The founders' earlier platforms began with very small businesses, including a vet clinic with about $700,000 of revenue, so a small paving or security company could be a realistic partner.
Recent deals
Announced in the 24 months before November 13, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Sep 2026 | Eagle Security AllianceNew platform for commercial security integrators, launched with a commitment of more than $100 million | Platform | Construction Services | Source |
| June 2026 | Everbase SolutionsSalt Lake City security integrator, the first partner of Eagle Security Alliance; its founders stay on | Add-on | Construction Services | Source |
| 2025 | Liberty Paving PartnersCommercial paving platform; first partner is Donnie's Driveway Sealing & Paving of Blacksburg, Virginia | Platform | Construction Services | Source |
| 2025 | Greenwood AdvisorsLaunched with Ackerman Group of Villanova, Pennsylvania, which advises veterinary practice owners on selling | Platform | Accounting & Professional Services | Source |
Portfolio by sector
From the firm's portfolio page S1.
Accounting & Professional Services
- Greenwood Advisors
Construction Services
- Eagle Security Alliance
- Liberty Paving Partners
Other
- Allied Chimney Partners
Greymont’s take
How Springdale Industries fits a seller
Springdale suits an owner who wants to take some money off the table but keep running the business under the same name. Its model is built around partial sales: owners keep equity in their own company and can receive payouts at closing, through yearly distributions and at later liquidity events. Because it uses permanent capital, it says no fund deadline will force a sale.
The platforms are young. Eagle Security Alliance closed its first partnership in June 2026, so early partners will help shape it. Owners should ask what percentage they would keep, how that equity can be turned into cash, and who sets the distributions. They should also ask how Springdale relates to ZBS Partners, because the same founders control both, and the better-known platforms such as Current and Shield Technology Partners belong to ZBS rather than Springdale.
Questions owners ask
Does Springdale Industries own Current or Shield Technology Partners?
No. Its own disclosure says Alliance Animal Health, Crete United, Legacy Service Partners, Current, Rocket Youth and Shield Technology Partners are investments of ZBS Partners, a manager controlled by the same founders, and not of Springdale.
What does an owner keep in a Springdale partnership?
Springdale says owners keep their brand, leadership and team, and retain meaningful equity in their own business. It does not publish the share owners keep, so that is a question to ask directly.
Which industries is Springdale active in?
Its own platforms cover commercial paving through Liberty Paving Partners, commercial security integration through Eagle Security Alliance, and advice for veterinary practice owners through Greenwood Advisors, which began with Ackerman Group.
Sources
- S1Springdale Industries home page, including its disclosures Accessed November 4, 2026
- S2Springdale Industries: About Us Accessed November 4, 2026
- S3Springdale Industries: Capabilities Accessed November 4, 2026
- S4Springdale Industries Backs Eagle Security Alliance with $100+ Million (September 1, 2026) Accessed November 4, 2026
- S5Liberty Paving Partners home page Accessed November 4, 2026
- S6Current Adds Tax Resolution Services with Ovation Tax Group Partnership (November 3, 2026) Accessed November 4, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Springdale Industries. Figures are as reported on the dates shown and may have changed. Request a correction