Private Equity Firm Business Services

High Street Capital

Chicago, Illinois, United States

High Street Capital is a business-building private equity firm backed with its own personal capital. It targets differentiated companies (up to ~$15M EBITDA) and focuses on business services, digital/eCommerce, value-added distribution, supply chain/logistics, and niche manufacturing industries.

Focus Areas
Business services, Digital / eCommerce, Value-added distribution

Tracked deals

16

16 tracked deals across 2009-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

7 addon · 5 recapitalization · 4 buyout

High Street Capital Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for High Street Capital. 1 2019 5 2021 3 2022 3 2023 2 2024

Supporting Data

Recent Transactions

Showing the 12 most recent of 16 tracked deals for High Street Capital.

  • Buyer
    High Street Capital, Wells Fargo Strategic Capital, AHI's current owners and management
    Target
    AHI Supply (AHI Supply Holdings, LLC)
    Seller
    AHI's existing shareholders (including founder Bob Allen and current management)

    High Street Capital completed a majority recapitalization of AHI Supply (AHI Supply Holdings, LLC), with participation from Wells Fargo Strategic Capital and AHI's current owners and management. AHI, a Texas-based manufacturer and distributor of masonry and construction products headquartered in Alvin, Texas, will retain its management team and receive growth capital and strategic support following the founder transition.

  • Buyer
    Tramec, LLC, High Street Capital, Wells Fargo Strategic Capital
    Target
    Johnson Welded Products, Inc.
    Industry
    Manufacturing
    Type
    Addon

    Tramec, a portfolio company backed by High Street Capital and Wells Fargo Strategic Capital, has acquired Johnson Welded Products (JWP), a longtime manufacturer of steel and aluminum air reservoirs and related tanks based in Urbana, Ohio. The acquisition is Tramec's fourth add-on since its management-led recapitalization in 2021 and is intended to broaden Tramec's commercial vehicle product offering, enable cross-selling, and drive operational improvements and capacity growth at JWP's Urbana facility.

  • Buyer
    High Street Capital
    Target
    Adams Magnetic Products
    Seller
    Scott Lewis and family
    Industry
    Manufacturing

    Chicago-based private equity firm High Street Capital has acquired a controlling stake in Adams Magnetic Products, a custom manufacturer and distributor of permanent magnets and magnetic assemblies headquartered in Elmhurst, Illinois. The transaction is a recapitalization that brings growth capital and operational support while founder Scott Lewis and family retain a significant minority ownership and Lewis transitions to the company's board.

  • Buyer
    Tramec, High Street Capital, Wells Fargo Strategic Capital
    Target
    CS Automation
    Industry
    Manufacturing
    Type
    Addon

    Tramec, a portfolio company of High Street Capital with support from Wells Fargo Strategic Capital, has acquired CS Automation, an Ontario, New York-based designer and manufacturer of pneumatic automation, motion controls, and machine framing and safeguarding. The deal is an add-on intended to expand Tramec's presence in the industrial automation sector, strengthen heavy-duty capabilities, open new sales channels for Tramec Sloan products, and realize operational synergies.

  • Buyer
    High Street Capital
    Target
    Pinnacle Contracting Services
    Industry
    Construction
    Type
    Buyout

    High Street Capital has made a platform investment in Pinnacle Contracting Services, a concrete foundation and finishing services provider headquartered in Kernersville, North Carolina. The firm will partner with Pinnacle's founder and management to execute a growth plan focused on expanding installation capacity, building HR depth, entering new geographies, and adding service offerings (including multi-family work). This marks High Street's eighth platform investment for Fund V.

  • Buyer
    Knight Material Technologies, High Street Capital, Wells Fargo Strategic Capital
    Target
    Electro Chemical Engineering and Manufacturing Co., Superior Dual Laminates (Superior Dual Laminate Products / SDL)
    Industry
    Manufacturing
    Type
    Addon

    Knight Material Technologies (KMT), a High Street Capital portfolio company, has acquired Electro Chemical Engineering and Manufacturing Co. (EC) and its subsidiary Superior Dual Laminates (SDL). The deal expands KMT’s corrosion-resistant product offering—adding fluoropolymer-lined vessels and dual-laminate FRP equipment—and provides geographic reach into the U.S. Gulf Coast and new end markets including ultra-high-purity semiconductor chemicals.

  • Buyer
    Suburban, High Street Capital
    Target
    Applewood Drywall
    Industry
    Construction
    Type
    Addon

    High Street Capital portfolio company Suburban has acquired Applewood Drywall, a 40-year provider of insulation, metal framing, drywall, and painting services serving commercial, multi‑family and residential construction customers in Wisconsin. The add-on expands Suburban's service capabilities and positions the combined organization for growth across Upper Midwest markets.

  • Buyer
    Tramec Sloan, High Street Capital, Wells Fargo Strategic Capital
    Target
    Penz Products, Inc.
    Industry
    Manufacturing
    Type
    Addon

    Tramec (a portfolio company of High Street Capital with support from Wells Fargo Strategic Capital) has acquired Penz Products, Inc., a designer and manufacturer of vent doors, fenders, and trailer landing gear components. Penz will be integrated into Tramec Sloan, expanding Tramec Sloan's manufacturing capabilities in metal forming, robotic welding, thermoforming and urethane foaming to better serve heavy-duty trailer OEM and aftermarket customers.

  • Buyer
    High Street Capital, Wells Fargo Strategic Capital
    Target
    Knight Material Technologies
    Seller
    Koch Engineered Solutions, Koch Industries, Inc.
    Industry
    Manufacturing
    Type
    Buyout

    High Street Capital, alongside Wells Fargo Strategic Capital, has acquired Knight Material Technologies (formerly Koch Knight), a Koch Engineered Solutions subsidiary. The PE firm plans to invest in KMT's technology, innovation and infrastructure while retaining the current management team to expand manufacturing capacity and grow market share.

  • Buyer
    High Street Capital, Wells Fargo Strategic Capital
    Target
    Tramec LLC
    Industry
    Manufacturing

    High Street Capital, alongside Wells Fargo Strategic Capital, has invested in Tramec LLC in a management-led recapitalization to support organic growth, new product and market introductions, and operational improvement. Tramec, headquartered in Iola, Kansas, manufactures and distributes engineered components to heavy-duty truck and trailer OEM and aftermarket channels.

  • Buyer
    High Street Capital
    Target
    Southern Design
    Seller
    Founders of Southern Design
    Industry
    Construction
    Type
    Buyout

    High Street Capital has made a platform investment in Southern Design to fund the company's growth plan, including scaling installation capacity, professionalizing back-office functions, and hiring additional project managers. The transaction is High Street's third platform investment for Fund V and will support Southern Design's continued expansion in the Atlanta metropolitan area.

  • Buyer
    High Street Capital
    Target
    NeoSystems
    Industry
    IT Services
    Type
    Buyout

    Chicago-based private equity firm High Street Capital has acquired a controlling stake in NeoSystems, a Tysons Corner, Virginia-based IT systems integrator and managed services provider focused on the government contractor market. The investment will support NeoSystems' aggressive growth plan — expanding capabilities, adding customer support staff, launching new products, broadening channel offerings, and growing the workforce — while the current management team remains in place.

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