Lower middle market private equity firm

Tamarix Equity Partners

At a glance

EBITDA range$3M to $20M S2
Revenue range$15M to $150M S2
Deal typesPlatform, Growth S2
GeographyNorth America S2
SectorsEnvironmental & Waste, Consumer & Food, Industrial & Manufacturing, Distribution

What Tamarix Equity Partners buys

Tamarix Equity Partners is the private equity arm of Tamarix, a New York investment group founded in 1993. It backs founder and family owned companies in North America with $15 million to $150 million of revenue and $3 million to $20 million of EBITDA. Deals include control buyouts, recapitalizations that let a family take some money out, succession and estate planning sales, management buyouts, and deals led by an independent sponsor or operating partner. Its focus areas are business services such as commercial recycling, niche manufacturing, value-added distribution, and consumer businesses including restaurants, franchise concepts and residential services.

The equity side adds platforms at a measured pace: Diamond Builders in 2023, Royal Oak Recycling in 2025 and The Halal Shack in 2026. A sister fund on the same site, Tamarix Capital Partners, makes loans and minority equity investments of $5 million to $35 million in US companies with $3 million to $15 million of EBITDA, often for family offices and independent sponsors.

Recent deals

Announced in the 24 months before October 20, 2026.

DateCompanyTypeSectorSource
Sep 2026The Halal ShackEquity investment in a four-brand campus food group with more than 75 locations; the founder keeps running itPlatformConsumer & FoodSource
Sep 2026Undisclosed live event and experiential marketing agencyFinancing from sister fund Tamarix Capital Partners for a private equity sponsor's purchase of a Northeast event agencyInvestmentSource
Aug 2026Undisclosed third-party logistics providerTamarix Capital Partners financing for a sponsor's purchase of an Eastern Washington warehousing and trucking firmInvestmentTransportation & LogisticsSource
Aug 2026Undisclosed Georgia moving and storage platformTamarix Capital Partners financing for a family office deal that refinanced debt and bought an Atlanta moverInvestmentTransportation & LogisticsSource
Mar 2026Undisclosed transportation management services providerTamarix Capital Partners financing for a family office acquisitionInvestmentTransportation & LogisticsSource
2026Catalogue BrandsWashington, D.C. restaurant group behind Ted's Bulletin and Federalist Pig, shown as exited in 2026ExitConsumer & FoodSource
Dec 2025CCRA InternationalTamarix Capital Partners financing for CCRA's purchase of ABC Global Services, combining two travel agency networksInvestmentSource
Sep 2025Royal Oak RecyclingEquity investment in a Metro Detroit commercial recycler with nine facilities; the second-generation family CEO staysPlatformEnvironmental & WasteSource
Jul 2025Undisclosed wastewater conveyor manufacturerTamarix Capital Partners financing for a sponsor-led acquisitionInvestmentIndustrial & ManufacturingSource
Mar 2025Cadillac ServicesTamarix Capital Partners financing in the recapitalization of a Puerto Rico uniform rental and laundry companyInvestmentSource
Jan 2025Undisclosed Midwest electrical contractorTamarix Capital Partners senior debt and preferred equity for an independent sponsor's purchase of a family-owned firmInvestmentHVAC, Plumbing & ElectricalSource
Nov 2024Voodoo DoughnutTamarix Capital Partners growth financing to open more doughnut shopsInvestmentConsumer & FoodSource

Portfolio by sector

From the firm's portfolio page S2.

Business Services

  • FoodPrep Solutions

Foodservice / Franchisor

  • The Halal Shack

Manufacturing

  • Diamond Builders

Medical Devices

  • Rohrer Aesthetics

Residential Services

  • Pool Service Partners

Waste & Recycling

  • Royal Oak Recycling

Past investments: Catalogue Brands, Playa Bowls

Greymont’s take

How Tamarix Equity Partners fits a seller

Tamarix suits founders and families who want a succession or estate planning answer and are willing to keep leading the company for a while. In its two most recent equity deals the owners stayed: Royal Oak's second-generation CEO partnered with Tamarix in 2025, and Halal Shack's founder still runs that business. Its record with Playa Bowls, which grew from about 113 locations at the 2021 investment to roughly 270 when it was sold to Sycamore Partners in 2024, shows experience scaling franchise and multi-unit concepts.

Owners who are not ready to give up control can ask the sister fund, Tamarix Capital Partners, about a loan or a minority stake instead. Because the equity side has added only about one new company a year lately, an owner should ask how much capital remains in the current fund and how long Tamarix plans to hold the business.

Questions owners ask

What size company does Tamarix Equity Partners look for?

North American companies with $15 million to $150 million of revenue and $3 million to $20 million of EBITDA. Its sister credit fund looks at US companies with $10 million to $100 million of revenue and $3 million to $15 million of EBITDA.

Does Tamarix invest in waste or recycling companies?

Yes. In September 2025 it made an equity investment in Royal Oak Recycling, a Metro Detroit company that hauls, processes and brokers paper, plastic and metal across 22 states, and its strategy names commercial recycling as a target.

Can an owner raise money from Tamarix without selling control?

Yes, through Tamarix Capital Partners, which offers first lien, unitranche, second lien and subordinated loans plus minority equity of $5 million to $35 million, working directly with owners as well as family offices and sponsors.

Does the founder stay after Tamarix invests?

In its recent deals, yes. The founder and CEO of The Halal Shack continues to lead the company after the September 2026 investment, and Royal Oak Recycling's family CEO partnered with Tamarix in 2025 to grow the business.

Sources

  1. S1Tamarix home page Accessed October 20, 2026
  2. S2Tamarix Equity Partners: strategy, portfolio and news Accessed October 20, 2026
  3. S3Tamarix Capital Partners: investment criteria and news Accessed October 20, 2026
  4. S4Tamarix Equity Partners announces investment in Royal Oak Recycling (September 1, 2025) Accessed October 20, 2026
  5. S5Tamarix Equity Partners announces investment in The Halal Shack (September 22, 2026) Accessed October 20, 2026
  6. S6Tamarix Equity Partners Announces Sale of Playa Bowls to Sycamore Partners (August 30, 2024) Accessed October 20, 2026
  7. S7Tamarix Capital Partners Announces New Investment in the Experiential Marketing Industry (September 3, 2026) 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 Tamarix Equity Partners. Figures are as reported on the dates shown and may have changed. Request a correction

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