Private Equity Firm Financial Services

Akoya Capital

Chicago, Illinois, United States

Chicago-based, sector-focused private investment firm focused on the lower end of the middle market. Akoya partners with founders and CEOs of privately held businesses and invests in industrial and consumer sectors, supporting platform investments and add-on acquisitions.

Focus Areas
Private equity, Lower-middle-market investments, Industrial

Tracked deals

12

12 tracked deals across 2016-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

8 buyout · 4 addon

Akoya Capital Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Akoya Capital. 3 2019 1 2020 1 2021 4 2022 1 2025

Supporting Data

Recent Transactions

  • Buyer
    Star Plastics, LLC, Akoya Capital Partners, LLC
    Target
    Trivalence Technologies, LLC
    Industry
    Manufacturing
    Type
    Addon

    Star Plastics, the Akoya Capital Partners-backed engineered thermoplastics compounder, has merged with Trivalence Technologies, LLC, a custom thermoplastic compounder based in Evansville, Indiana. The merger is an add-on to the Star Plastics platform intended to expand technical capabilities, product offerings, geographic reach, and tolling services for OEM and molder customers.

  • Buyer
    Akoya Capital, LLC, Trinity Investors, Slawek Family Holdings, Lightspring Capital Partners, Wintrust Bank
    Target
    Devansoy, Inc.
    Industry
    Food & Beverage
    Type
    Buyout

    Akoya Capital led an investment in Devansoy, Inc., a Rock City, Illinois-based manufacturer of soy, oat, and pea protein ingredients, to establish its Specialty Ingredients platform. The transaction was financed with partners Trinity Investors, Slawek Family Holdings, Lightspring Capital, and Wintrust Bank; Devansoy CEO Deb Wycoff made a significant reinvestment and Dinan Capital served as Devansoy's exclusive financial advisor.

  • Buyer
    Akoya Capital, LLC, Thayer Bancroft Equity Partners, PNC Mezzanine Capital, Mertor
    Target
    Alinabal
    Seller
    Longtime owners (unnamed)
    Industry
    Manufacturing
    Type
    Buyout

    Akoya Capital has partnered with Thayer Bancroft, PNC Mezzanine Capital, and Mertor to acquire Alinabal, a Milford, Connecticut-based contract manufacturer of precision machined, stamped and molded metal components. The deal provides a succession solution for Alinabal’s longtime owners while establishing Alinabal as an Akoya platform to accelerate growth and pursue add-on acquisitions.

  • Buyer
    Akoya Capital Partners, Trinity Investors, NewSpring Mezzanine
    Target
    WePackItAll
    Industry
    Packaging
    Type
    Buyout

    Akoya Capital Partners, alongside Trinity Investors and NewSpring Mezzanine, has acquired WePackItAll, a contract packaging, filling, fulfillment, and warehousing provider based in Duarte, California. The investment (supported by mezzanine financing) establishes WPIA as the anchor platform for Akoya's industrial packaging strategy and aims to accelerate growth and national expansion of its contract packaging capabilities.

  • Buyer
    Akoya Capital Partners, NewSpring Mezzanine (NewSpring), Trinity Investors
    Target
    Star Plastics
    Industry
    Manufacturing
    Type
    Buyout

    Akoya Capital Partners acquired Star Plastics, a Ravenswood, West Virginia-based custom plastics compounder, as the anchor investment for a new compounds buy-and-build platform. The transaction was supported with mezzanine subordinated debt and common equity from NewSpring Mezzanine and involved Trinity Investors as a partnering investor; Star Plastics (≈140 employees) will pursue organic growth and M&A to expand its capabilities and geographic reach.

  • Buyer
    Beacon Manufacturing Group, Akoya Capital, LLC, Trinity Private Equity Group, NewSpring Capital
    Target
    Built-Rite Tool & Die
    Seller
    Craig Bovaird
    Industry
    Manufacturing
    Type
    Addon

    Beacon Manufacturing Group, backed by Akoya Capital and Trinity Private Equity Group, acquired Built-Rite Tool & Die from founder and CEO Craig Bovaird. NewSpring Capital provided subordinated debt and equity support and Fifth Third Bank provided senior debt financing; the acquisition expands Beacon's precision molded-products and medical-market platform.

  • Buyer
    Akoya Capital, LLC, Trinity Investors
    Target
    Donnelly Custom Manufacturing Company
    Industry
    Manufacturing
    Type
    Buyout

    Akoya Capital and Trinity Investors formed Beacon Manufacturing Group as a platform to acquire Donnelly Custom Manufacturing Company, a custom short-run plastics injection molder based in Alexandria, Minnesota. The acquisition is the inaugural investment for the Beacon platform and is intended to support a buy-and-build strategy to expand manufacturing capabilities and pursue additional acquisitions across North America.

  • Buyer
    Akoya Capital Partners, Tecum Capital Partners
    Target
    Primetac Corporation
    Seller
    Founders and management team (Feniello family)
    Industry
    Packaging
    Type
    Buyout

    Akoya Capital Partners and Tecum Capital Partners acquired Primetac Corporation in partnership with the company's founders and management. The private equity investors plan to grow Primetac — a distributor of industrial packaging materials — by expanding sales coverage, service and product offerings and pursuing add-on acquisitions to build a national platform.

  • Buyer
    Akoya Capital Partners, LLC, Landon Capital Partners, LLC
    Target
    TTG, Inc. (Trinity Technology Group)
    Industry
    Manufacturing
    Type
    Buyout

    Akoya Capital Partners and Landon Capital Partners, in partnership with current management, have acquired TTG, Inc. (Trinity Technology Group), a Higginsville, Missouri-based manufacturer of expanded polytetrafluoroethylene (ePTFE) membranes. The investors plan to support growth of TTG’s product lines and expand the company’s customer relationships and geographic footprint into new end markets such as apparel and electronics; Wintrust Bank provided senior debt for the transaction.

  • Buyer
    Fresh & Ready Foods, Akoya Capital, Balance Point Capital, Plexus Capital
    Target
    Green Cuisine
    Seller
    Sanderson family
    Industry
    Food & Beverage
    Type
    Addon

    Green Cuisine, a San Fernando, California private-label food manufacturer owned by the Sanderson family, was sold to Fresh & Ready Foods, a San Fernando-based portfolio company backed by Akoya Capital, Balance Point Capital and Plexus Capital. KROST acted as exclusive financial advisor to Green Cuisine; the deal value was not disclosed and represents an add-on to Fresh & Ready Foods' platform to expand its prepared-food manufacturing capabilities.

  • Buyer
    Akoya Capital Partners, LLC, Marquette Capital Partners, Merion Investment Partners, Indigo Signworks management
    Target
    Indigo Signworks
    Industry
    Manufacturing
    Type
    Buyout

    Akoya Capital Partners, in partnership with Marquette Capital Partners, Merion Investment Partners and Indigo's management, has acquired Indigo Signworks, a Fargo, North Dakota-based manufacturer of exterior and interior signage. The investor group plans to work with existing management to expand product lines, customer relationships and the company’s geographic footprint.

  • Buyer
    Food Evolution LLC, Akoya Capital Partners, Balance Point Capital, Plexus Capital
    Target
    Fresh & Ready Foods, Inc.
    Industry
    Food & Beverage
    Type
    Addon

    Food Evolution LLC, a platform backed by Akoya Capital Partners with partners Balance Point Capital and Plexus Capital, has acquired Fresh & Ready Foods, Inc. as the first add-on to the Food Evolution platform. The transaction expands Food Evolution's geographic footprint and capabilities in the fresh prepared, grab-n-go food category across the Western United States.

Related Acquisition Pages

Selling a company? Get in front of buyers like Akoya Capital

Turn tracked acquisition activity into an outreach-ready buyer list.