Private Equity Firm Business Services

ICV Partners

Miami, Florida, United States

ICV is a private equity firm that invests in lower middle market companies in North America through its offices in Miami, Florida and Atlanta, Georgia. The firm focuses on equity investments in high-margin, market-leading businesses in partnership with proven managers, providing operational and financial support to help portfolio companies grow and improve performance.

Focus Areas
Lower-middle-market buyout / growth equity, Operational support, Investment in high-margin, market-leading businesses with proven managers
Website
icvpartners.com

Tracked deals

15

15 tracked deals across 2019-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

8 buyout · 4 addon · 3 growth capital

ICV Partners Acquisition Volume by Year

Last 7 years

Acquisition volume by year Annual acquisition counts for the last 7 years for ICV Partners. 2 2019 3 2020 3 2021 3 2022 2 2023 1 2024 1 2025

Supporting Data

Recent Transactions

Showing the 12 most recent of 15 tracked deals for ICV Partners.

  • Buyer
    ICV Partners, LLC
    Target
    Environmental Remedies, LLC
    Type
    Buyout

    ICV Partners has acquired a significant ownership interest in Environmental Remedies, LLC (ERI), a California-based residential asbestos abatement service provider. ICV will support ERI's growth through infrastructure investment, leadership development, geographic expansion and acquisitions, with financing provided by Stellus Capital Management.

  • Buyer
    ICV Partners, LLC
    Target
    Interstate Auto Care, LLC
    Seller
    Howard Weiner
    Industry
    Automotive

    ICV Partners has acquired a significant ownership interest in Interstate Auto Care, a leading Valvoline Instant Oil Change franchisee that operates ~26 locations across the Northeast and Southern United States. The investment will support Interstate Auto Care’s planned growth via acquisitions and greenfield expansion; founder Howard Weiner will move to a board role while Dan Sonnenreich continues as CEO.

  • Buyer
    ICV Partners, LLC
    Target
    Desi Natural, Noga, Related assets of Raymundo's Food Group, LLC
    Seller
    Raymundo's Food Group, LLC, AUA Private Equity Partners, LLC
    Industry
    Food & Beverage
    Type
    Buyout

    ICV Partners acquired the Desi Natural and Noga brands and related assets from Raymundo's Food Group, a portfolio company of AUA Private Equity, and formed a new operating company, Desi Fresh Foods, headquartered in Farmingdale, New York. The business is the leading U.S. producer of South Asian dahi and lassi; Larry LaPorta will lead the company as CEO and financing for the acquisition was provided by M&T Bank.

  • Buyer
    ICV Partners
    Target
    Sullivan Holding Company (Sullivans)
    Seller
    Fort Point Capital
    Type
    Buyout

    ICV Partners, a U.S. private equity firm, has acquired Sullivan Holding Company (Sullivans), a Sioux Falls, South Dakota-based designer and distributor of seasonal and outdoor home décor, from Fort Point Capital. Fort Point Capital realized its investment after nearly a decade of ownership during which Sullivans expanded its digital capabilities and completed two add-on acquisitions; TM Capital advised Sullivans on the transaction.

  • Buyer
    ICV Partners, Total Access Urgent Care
    Target
    Urgent Care Group
    Type
    Addon

    ICV Partners has acquired Urgent Care Group (UCG) and will combine it with its portfolio company Total Access Urgent Care (TAUC) to create a larger urgent care platform operating more than 50 clinics across four states. UCG, founded in 2017 and based in Nashville, operates 24 centers with onsite x-ray and lab services and is supported by more than 400 full-time professionals; David Maloney will serve as CEO of the combined company.

  • Buyer
    ICV Partners
    Target
    Beacon Global Strategies
    Industry
    Consulting
    Location
    District of Columbia, United States

    ICV Partners has made a significant growth investment in Beacon Global Strategies (BGS), a Washington, D.C.-based strategic advisory firm focused on national security, technology policy, and geopolitical risk. The investment will support BGS's rapid scaling—strengthening capabilities in human capital, operations, and client delivery—while the firm's managing directors will continue to run day-to-day operations.

  • Buyer
    Cherry Tree Dental, ICV Partners
    Target
    Downtown Dental Associates, Robert J. Kingston, DDS, Fairmont Family Dentistry
    Seller
    Robert J. Kingston, DDS
    Industry
    Dental
    Type
    Addon

    Cherry Tree Dental has acquired Downtown Dental Associates and Robert J. Kingston, DDS in Minneapolis, and Fairmont Family Dentistry in Fairmont, Minnesota, expanding the company's footprint into Minnesota. The transactions are part of Cherry Tree's ongoing consolidation strategy supported by majority investor ICV Partners, which invested in Cherry Tree in 2021.

  • Buyer
    Cherry Tree Dental, ICV Partners
    Target
    Richard Patelski DDS Family and General Dentistry
    Seller
    Richard E. Patelski, DDS / Richard Patelski DDS Family and General Dentistry
    Industry
    Dental
    Type
    Addon

    Cherry Tree Dental, a Madison, Wisconsin-based dental service organization backed by ICV Partners, acquired Richard Patelski DDS Family and General Dentistry in Downers Grove, Illinois. The transaction is an add-on acquisition that represents Cherry Tree's first practice expansion outside Wisconsin and supports succession planning for Dr. Patelski while enabling Cherry Tree's Midwest growth.

  • Buyer
    ICV Partners
    Target
    Cherry Tree Dental
    Seller
    Existing shareholders (a small group of partners, majority participating dentists)
    Type
    Buyout

    ICV Partners has made a majority investment in Cherry Tree Dental, a Madison, Wisconsin–based dental practice management company that operates 28 locations across the state. The investment, made in partnership with Cherry Tree co-CEOs Steve Sorrel and Jack Young, will support geographic expansion, technology improvements, and succession planning for small dental practices.

  • Buyer
    ICV Partners, LLC
    Target
    Total Access Urgent Care
    Type
    Buyout

    ICV Partners has made a majority investment in Total Access Urgent Care (TAUC), a St. Louis–based urgent care operator with 26 locations across the Midwest. The transaction partners ICV with TAUC management (including CEO Dr. Matt Bruckel and President Dr. Troy Dinkel) to support geographic expansion and open additional sites while continuing to enhance on-site diagnostic and pharmacy capabilities.

  • Buyer
    ICV Partners, LLC
    Target
    Mintz Group, LLC
    Seller
    WestView Capital Partners, Mintz Group management
    Type
    Buyout

    ICV Partners has acquired a significant equity stake in Mintz Group from funds managed by WestView Capital Partners and from Mintz Group management. Management will retain a substantial ownership interest, and ICV says it will support Mintz's growth, capability expansion and strategic acquisitions to scale its global investigative and enterprise risk services.

  • Buyer
    ICV Partners, Inspire Brands
    Target
    Diversified Restaurant Holdings, Inc.
    Seller
    DRH common stockholders, JK&T Wings
    Type
    Buyout

    ICV Partners completed a cash acquisition of Diversified Restaurant Holdings, Inc. for approximately $130 million, including assumption of debt and transaction expenses. Concurrently, JK&T executed a 15-store area development agreement and sold certain Buffalo Wild Wings restaurants in Florida and Massachusetts to Inspire Brands; ICV will combine the remaining DRH and JK&T locations to create the largest Buffalo Wild Wings franchisee with over 80 restaurants across five states.

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