Lower middle market private investment firm
Validor Capital
- HeadquartersBoca Raton, FL S9
- Founded2012 S2
- Websitevalidorcap.com
- Last verifiedOctober 28, 2026
At a glance
| EBITDA range | $3M to $25M S3 |
|---|---|
| Revenue range | $10M to $150M S3 |
| Deal types | Platform, Add-on S3 |
| Geography | United States, Canada S3 |
| Sectors | Industrial & Manufacturing, Distribution |
What Validor Capital buys
Validor Capital is a Boca Raton, Florida investment firm, founded in 2012 by a longtime institutional private equity investor, that buys family and founder owned industrial, manufacturing and service companies in the lower middle market. It looks for $3 million to $25 million of EBITDA and $10 million to $150 million of revenue in the US or Canada, through buyouts, recapitalizations and corporate divestitures. Target industries are manufacturing, distribution, building products, industrial services, water, chemicals, paper and packaging, metals and engineered materials, and industrial technologies.
Validor builds its platforms through add-ons. BICO Steel, a heavy steel plate processor in Ohio, has bought four companies, most recently Diamond Metals Distribution in July 2026, and MBP Group lists six building products add-ons, from attic stairs to porch columns. In April 2026 the firm said it is hunting for wastewater and stormwater service platforms, such as sewer inspection, cleaning and trenchless repair contractors with $3 million to $25 million of EBITDA. Smaller companies are most likely to fit as add-ons to its current platforms.
Recent deals
Announced in the 24 months before October 28, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Jul 2026 | Diamond Metals DistributionCleveland-area distributor and processor of tool steel, powdered metals and alloy rounds, added to BICO Steel | Add-on | Distribution | Source |
| Apr 2025 | Pioneer Steel CorporationGrand Rapids, Michigan maker of custom die sets and steel plate processor, added to BICO Steel | Add-on | Industrial & Manufacturing | Source |
Portfolio by sector
From the firm's portfolio page S4.
BICO Steel
- BICO Steel
- Diamond Metals Distribution Active add-on
- Pioneer Steel Corporation Active add-on
- Integrity Fab and Machine (IFABM) Active add-on
- BICO Metal Finishing (formerly RE Metal Finishing) Active add-on
Boehm
- Boehm Pressed Steel
Fi-Foil
- Fi-Foil
- Kennedy Insulation Group Active add-on
MBP Group
- MBP Group
- Marwin Active add-on
- HB&G Building Products Active add-on
- Summit Stairs & Millwork Active add-on
- Millwork 360 Active add-on
- SS Industries Active add-on
- American Stairways Active add-on
Past investments: EDSCO
Greymont’s take
How Validor Capital fits a seller
Validor suits owners of metals processing, building products and other industrial businesses who want an operations-minded partner and are open to joining a larger group. Most of its recent activity is add-ons to BICO Steel and MBP Group, so a seller in those niches would likely be merged into one of them rather than become a new platform. Owners of sewer and stormwater inspection, cleaning or trenchless rehabilitation contractors are worth a direct conversation, since the firm said in April 2026 that it wants a platform in that field and intends to keep local relationships and culture intact.
Two questions to ask: will the company keep running on its own or fold into an existing platform's operations, and what happens to its name and team? RE Metal Finishing, for example, now operates as BICO Metal Finishing.
Questions owners ask
What size company does Validor Capital buy?
Its approach page lists $3 million to $25 million of EBITDA and $10 million to $150 million of revenue, for companies based in the United States or Canada.
Is Validor Capital buying wastewater or stormwater businesses?
It is looking. In April 2026 it said it is pursuing platform investments in sewer inspection and mapping, cleaning and hydro-excavation, and trenchless rehabilitation, aimed at regional operators with $3 million to $25 million of EBITDA. Its portfolio page did not show a company in that field as of October 2026.
Does Validor Capital make add-on acquisitions?
Yes, most of its portfolio is add-ons. BICO Steel bought Pioneer Steel in April 2025 and Diamond Metals Distribution in July 2026, and the portfolio page lists six add-ons under MBP Group.
Sources
- S1Validor Capital home page Accessed October 28, 2026
- S2Validor Capital: About (our history) Accessed October 28, 2026
- S3Validor Capital: Approach (size, situation, geography and target industries) Accessed October 28, 2026
- S4Validor Capital: Portfolio (with each company's status page) Accessed October 28, 2026
- S5Validor Capital: News Accessed October 28, 2026
- S6BICO Steel Acquires Diamond Metals Distribution (July 28, 2026) Accessed October 28, 2026
- S7BICO Steel Acquires Pioneer Steel Corporation (April 7, 2025) Accessed October 28, 2026
- S8Actively Pursuing Wastewater Infrastructure Platforms (April 14, 2026) Accessed October 28, 2026
- S9Business Development Professional to Watch: Recognizing Lauren Smyers (April 17, 2025) Accessed October 28, 2026
- S10Validor Capital portfolio: RE Metal Finishing (renamed BICO Metal Finishing) Accessed October 28, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Validor Capital. Figures are as reported on the dates shown and may have changed. Request a correction