Private Equity Firm Other

Emerald Lake Capital Management

Santa Monica, California, United States

Emerald Lake Capital Management is a middle-market private equity firm (founded in 2018) focused on investing in capital-efficient businesses with sustainable competitive advantages and controllable levers for value creation. (The firm has disclosed over $1B in capital under management.)

Focus Areas
Private Equity, Middle-market Buyouts
Website
www.elcm.com

Tracked deals

7

7 tracked deals across 2020-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Addon

4 addon · 2 growth capital · 1 buyout

Emerald Lake Capital Management Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Emerald Lake Capital Management. 1 2019 1 2020 2 2023 1 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Emerald Lake Capital Management Acquires Electrical Cable Specialists (ECS) From Camp Lake Capital
    July 15, 2026
    Buyer
    Emerald Lake Capital Management
    Target
    Electrical Cable Specialists, LLC (ECS)
    Seller
    Camp Lake Capital
    Industry
    Transportation
    Location
    Georgia, United States
    Type
    Buyout

    Camp Lake Capital has sold Electrical Cable Specialists, LLC (ECS) to Emerald Lake Capital Management. ECS is a specialty cable distributor and project integrator serving power generation, industrial, transit and rail, data center, renewables, and transmission and substation markets. The transaction closed on July 2, 2026; financial terms were not disclosed.

  • Emerald Lake Capital Management Backs WECS and ECS Merger to Create Specialty Cable Distribution Platform
    July 10, 2026
    Buyer
    Emerald Lake Capital Management
    Target
    W.E.C.S. Electric Supply (WECS), Electrical Cable Specialists (ECS)
    Industry
    Industrial Services
    Location
    California, United States
    Type
    Addon

    Emerald Lake Capital Management made an equity investment in W.E.C.S. Electric Supply (WECS) and Electrical Cable Specialists (ECS), which are merging to form a combined specialty cable distribution and cable-integration platform. The merged company will operate under the WECS name and serve customers across power and infrastructure markets, with plans to invest in inventory, facilities, technology, systems, and talent and pursue selective acquisitions.

  • Emerald Lake Capital Management Invests in CORE Transformers
    September 25, 2025
    Buyer
    Emerald Lake Capital Management
    Target
    CORE Transformers
    Industry
    Manufacturing
    Location
    South Carolina, United States
    Type
    Growth capital

    Emerald Lake Capital Management has made an equity investment in CORE Transformers, a Seneca, South Carolina-based supplier of new and reconditioned transformers and repair solutions serving commercial, industrial, data center, and renewable energy markets. Terms were not disclosed; Emerald Lake said it will support CORE with investments in talent, technology, and inventory and pursue select acquisitions to broaden the company's service offerings and market position.

  • Inno-Pak (Emerald Lake-backed) Acquires Albany Packaging
    November 29, 2023
    Buyer
    Inno-Pak LLC, Emerald Lake Capital Management
    Target
    Albany Packaging Inc.
    Seller
    Stan Engelberg
    Industry
    Packaging
    Location
    Ontario, Canada
    Type
    Addon

    Inno-Pak LLC, a portfolio company of Emerald Lake Capital Management, has acquired Albany Packaging Inc., a Canadian manufacturer of folding paperboard cartons. The deal (terms not disclosed) expands Inno-Pak's North American manufacturing footprint and paperboard capacity, strengthening its capabilities in foodservice, grocery and convenience-store packaging.

  • Mission Critical Group (backed by Emerald Lake Capital) Acquires Johnson Thermal Systems
    August 10, 2023
    Buyer
    Mission Critical Group, Emerald Lake Capital Management
    Target
    Johnson Thermal Systems
    Seller
    Zach Erlebach
    Industry
    Manufacturing
    Location
    Idaho, United States
    Type
    Addon

    Mission Critical Group (MCG), a newly formed electrical equipment solutions platform backed by Emerald Lake Capital Management, has acquired Johnson Thermal Systems (JTS), a family-owned designer and manufacturer of custom power packaging and industrial cooling solutions based in Caldwell, Idaho. JTS will operate as part of the MCG platform to expand product and service capabilities supporting mission-critical power and cooling needs across data centers and other industrial end markets.

  • Pacific Defense Acquires Spear Research
    November 5, 2020
    Buyer
    Pacific Defense, Emerald Lake Capital Management, HCI Equity Partners
    Target
    Spear Research
    Industry
    Aerospace & Defense
    Location
    New Hampshire, United States
    Type
    Addon

    Pacific Defense, a defense electronics platform backed by HCI Equity Partners and Emerald Lake Capital Management, has acquired Nashua, New Hampshire–based Spear Research. The acquisition adds electronic warfare, signals intelligence (SIGINT/ELINT), RF engineering, advanced signal processing and autonomous networked sensor capabilities to Pacific Defense's portfolio to better serve DoD and select international customers.

  • HCI and Emerald Lake Invest in Pacific Defense; Pacific Defense Acquires Spectranetix and Invests in Perceptronics
    January 1, 2020
    Buyer
    Pacific Defense, HCI Equity Partners, Emerald Lake Capital Management
    Target
    Spectranetix, Inc., Perceptronics Solutions, Inc.
    Industry
    Aerospace & Defense
    Location
    California, United States
    Type
    Growth capital

    HCI Equity Partners and Emerald Lake Capital Management are lead investors in a funding round for Pacific Defense, a newly formed defense-electronics platform led by Travis Slocumb. Pacific Defense has acquired Spectranetix (CMOSS/SOSA defense electronics) and made a minority investment in Perceptronics Solutions (AI/ML software) to expand its electronic warfare, communications, and signals-intelligence capabilities for U.S. defense customers.

Related Acquisition Pages

Aerospace & Defense Buyers & Acquisitions 2 tracked deals by Emerald Lake Capital Management. Manufacturing Buyers & Acquisitions 2 tracked deals by Emerald Lake Capital Management. Industrial Services Buyers & Acquisitions 1 tracked deal by Emerald Lake Capital Management. Packaging Buyers & Acquisitions 1 tracked deal by Emerald Lake Capital Management. Acquisitions in California 2 tracked deals by Emerald Lake Capital Management. Acquisitions in Georgia 1 tracked deal by Emerald Lake Capital Management. Acquisitions in Idaho 1 tracked deal by Emerald Lake Capital Management. Acquisitions in New Hampshire 1 tracked deal by Emerald Lake Capital Management.

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