Private Equity Firm Financial Services

Foundation Investment Partners

Solon, Ohio, United States

Foundation Investment Partners (FIP) is a private equity firm that takes a differentiated approach to investing in micro-cap companies. FIP looks to partner with companies that have strong value propositions but operational or strategic gaps, and applies a standardized value-creation process to drive growth and unlock value.

Focus Areas
Private equity, Micro-cap / lower middle market buyout investing

Tracked deals

7

7 tracked deals across 2019-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout · 2 addon · 1 growth capital

Foundation Investment Partners Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Foundation Investment Partners. 1 2019 1 2022 2 2024 1 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Foundation Investment Partners (FIP)
    Target
    American Key Supply (AKS)
    Industry
    IT Services

    Foundation Investment Partners (FIP) announced a significant investment in American Key Supply (AKS), a leading national distributor serving the locksmith trade. The investment is aimed at scaling AKS’s core capabilities—including its “Locksmith University” training, customer support model, and technology-enabled ordering and knowledge tools.

  • Buyer
    Foundation Investment Partners (FIP), Sustainable Packaging, LLC
    Target
    Paper Converters, Inc.
    Seller
    Kline Smyly, Tanya Barnes
    Industry
    Packaging
    Type
    Buyout

    Foundation Investment Partners (FIP) announced the successful acquisition of Paper Converters, Inc. through its platform company, Sustainable Packaging, LLC. Paper Converters (founded in 2002, located in Walterboro, South Carolina) manufactures spiral wound paper tubes, edge board, and sheeting serving the textile industry in the Southeastern U.S.

  • Buyer
    Foundation Investment Partners, Spartan Tool Supply
    Target
    AAA Industrial Supply
    Type
    Addon

    Foundation Investment Partners (FIP) has acquired AAA Industrial Supply, a Garrett, Indiana-based distributor of industrial supplies and safety equipment. The business will be integrated with Spartan Tool Supply under CEO Derek Elbaor to expand product lines, add nationwide e-commerce capabilities, and reach new markets.

  • Buyer
    Foundation Investment Partners
    Target
    American Spool & Packaging, Inc.
    Seller
    The Ridgeway family (owners of American Spool & Packaging)
    Industry
    Packaging
    Type
    Buyout

    Foundation Investment Partners (FIP) has completed the acquisition of American Spool & Packaging, Inc. (Amspak), a Hartsville, South Carolina-based specialty paper packaging manufacturer. The Ridgeway family is exiting the business while FIP will keep operations in place with industry veteran David Partin serving as CEO to support growth and reinvestment in the company.

  • Buyer
    Foundation Investment Partners
    Target
    Spartan Tool Supply
    Type
    Buyout

    Foundation Investment Partners has acquired Spartan Tool Supply, a Columbus, Ohio-based distributor of industrial power tools and equipment. Spartan will continue to operate autonomously under new CEO Derek Elbaor with support from FIP to expand the team, enter new markets and grow the business.

  • Buyer
    Foundation Investment Partners
    Target
    Weiss Instruments, LLC
    Seller
    Weiss family
    Industry
    Manufacturing
    Type
    Addon

    Foundation Investment Partners (FIP) finalized an agreement to purchase Holtsville, New York-based Weiss Instruments, LLC. FIP will combine Weiss's manufacturing operations with fellow portfolio company Miljoco Instrument Corp. at Miljoco's 50,000-square-foot facility in Mt. Clemens, Michigan while keeping the Weiss and Miljoco brands and distribution networks separate to preserve market presence.

  • Buyer
    Foundation Investment Partners
    Target
    W.A. Jones
    Industry
    Transportation

    Foundation Investment Partners (FIP), a Cleveland-area private equity firm, recapitalized W.A. Jones, a truck equipment distributor and upfitter based in Whitley County, Indiana. The deal provides owner liquidity and growth capital to support systems, people and expansion; terms were not disclosed.

Related Acquisition Pages

Selling a company? Get in front of buyers like Foundation Investment Partners

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