Private Equity Firm Financial Services

Monument MicroCap Partners

Indianapolis, Indiana, United States

Monument MicroCap Partners, LLC (Monument) is an independent private investment firm comprised of private equity and operational executives seeking to sponsor acquisitions of U.S. microcap companies (defined as businesses with EBITDA of $2–8 million). The firm focuses on businesses located in the United States and Canada and partners with management teams to acquire, grow, and harvest profitable businesses.

Focus Areas
Private equity, Microcap investments

Tracked deals

21

21 tracked deals across 2021-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Addon

10 addon · 6 recapitalization · 5 buyout

Monument MicroCap Partners Acquisition Volume by Year

Last 6 years

Acquisition volume by year Annual acquisition counts for the last 6 years for Monument MicroCap Partners. 3 2021 4 2022 5 2023 3 2024 4 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 21 tracked deals for Monument MicroCap Partners.

  • Buyer
    Sweet Tooth Holdings LLC, Monument MicroCap Partners LLC, Avante Capital Partners, Oxer Capital
    Target
    Stelised LLC, MADA LLC
    Type
    Addon

    Sweet Tooth Holdings LLC, a Monument MicroCap Partners portfolio company, completed the acquisitions of Stelised LLC and MADA LLC. The purchases expand Sweet Tooth’s manufacturing footprint and capabilities in custom plastic injection molding and proprietary molded products. The deal closed on July 2, 2026.

  • Buyer
    Border Concepts, LLC, Monument MicroCap Partners, LLC
    Target
    EarthWay Products, LLC, EarthWay Products, Inc.
    Seller
    Tim Hildebrand (Chair of EarthWay; CEO of Monument)
    Industry
    Manufacturing
    Type
    Buyout

    Border Concepts (BCI) acquired EarthWay Products, adding the EarthWay brand and product line to its lawn and garden portfolio. The deal expands EarthWay’s reach via Border Concepts’ national distribution footprint and strengthens Border Concepts’ capabilities in lawn and garden injection molded products.

  • Buyer
    Champion Wellness Centers, Monument MicroCap Partners, LLC
    Target
    Dr. Lichter & Associates
    Seller
    Dr. Lichter, Dr. Lichter & Associates
    Type
    Addon

    Champion Wellness Centers, a portfolio company of Monument MicroCap Partners, completed the acquisition of Dr. Lichter & Associates, a longtime chiropractic clinic in Tampa, Florida, as Dr. Lichter retires. The deal is Champion's third add-on since its recapitalization by Monument in March 2024 and will keep the clinic operating at the same location under Champion's clinical team.

  • Buyer
    Champion Wellness Centers, Monument MicroCap Partners, LLC
    Target
    NuVita Chiropractic
    Type
    Addon

    Champion Wellness Centers, a portfolio company of Monument MicroCap Partners, has acquired NuVita Chiropractic, a Tampa-based wellness-focused chiropractic clinic founded by Dr. Austin Chase. The transaction is Champion's second add-on since Monument recapitalized the platform in March 2024 and expands Champion's footprint and service offerings in the Tampa market.

  • Buyer
    Kelly Roofing Holdings, LLC, Monument MicroCap Partners, LLC
    Target
    Integrity Roofing & Gutters Inc.
    Industry
    Construction
    Type
    Addon

    Monument MicroCap Partners portfolio company Kelly Roofing Holdings, LLC completed the acquisition of Integrity Roofing & Gutters Inc. on January 15, 2025. The add-on expands Kelly Roofing’s capabilities into multifamily and commercial roofing and extends its geographic reach across the Southeast (Florida, Georgia, South Carolina, North Carolina).

  • Buyer
    Command Investigations LLC, Monument MicroCap Partners, LLC
    Target
    AIC Companies LLC
    Type
    Addon

    Command Investigations LLC, a portfolio company of Monument MicroCap Partners, completed the acquisition of AIC Companies LLC, a Medford, New Jersey-based investigative services provider. The add-on deal expands Command's coverage and capabilities in the U.S. Northeast (and East Coast/Southeast), broadening the combined firm's service offering to insurance and corporate clients.

  • Buyer
    Command Investigations LLC, Monument MicroCap Partners, LLC
    Target
    SuperiorX Investigations
    Seller
    SuperiorX Investigations (shareholders), Robert Murray, Michael Huntsman
    Type
    Addon

    Command Investigations LLC, a portfolio company of Monument MicroCap Partners, acquired SuperiorX Investigations on October 15, 2024. The add-on transaction (financed by Maranon Capital with Charter Capital Partners as sell-side advisor) expands Command's geographic footprint and service offerings in Michigan and the broader Great Lakes region.

  • Buyer
    Command Investigations LLC, Monument MicroCap Partners, LLC
    Target
    Abacus Research Inc.
    Type
    Addon

    Command Investigations LLC, a portfolio company of Monument MicroCap Partners, completed the acquisition of Abacus Research Inc., a full-service investigative agency based in Plainfield, Illinois. The deal is Command's sixth add-on since its 2019 recapitalization by Monument and is intended to expand geographic coverage, deepen capabilities, and accelerate cross-selling across insurance and corporate clients.

  • Buyer
    Kelly Roofing Holdings, LLC, Monument MicroCap Partners, LLC
    Target
    JJ Quality Builders of the Palm Beaches
    Seller
    Sandy Duque, James Galimidi
    Industry
    Construction

    Kelly Roofing Holdings, a Monument MicroCap Partners portfolio company, has recapitalized JJ Quality Builders of the Palm Beaches, a Palm Beach County roofing contractor focused on residential and multi-family roof replacement, repairs, and solar services. The transaction gives Kelly Roofing expanded access to Florida markets and strengthens its position as a premier residential roofing provider in the state.

  • Buyer
    Sweet Tooth Enterprises, LLC, Monument MicroCap Partners, LLC
    Target
    Inter Molds Inc.
    Industry
    Manufacturing
    Type
    Addon

    Monument MicroCap Partners-backed portfolio company Sweet Tooth Enterprises has acquired Inter Molds Inc., an aluminum mold-maker based in Bay Shore, New York. The add-on expands Sweet Tooth's Aztec division with in-house toolmaking capabilities and increased CNC machining capacity; it is Sweet Tooth's first add-on since Monument's October 2023 recapitalization.

  • Buyer
    Monument MicroCap Partners, LLC
    Target
    Sweet Tooth Enterprises, LLC
    Industry
    Manufacturing
    Type
    Buyout

    Monument MicroCap Partners, a Midwest-based private equity firm, closed a transaction to invest in Sweet Tooth Enterprises, a tooling and injection molding provider based in Edgewood, New York, on October 17, 2023. Sweet Tooth operates Micelli Chocolate Mold Company and Aztec Tooling & Injection Molding Company, supplying polycarbonate chocolate molds and custom injection-molded parts to confectionery, food, pharmaceutical, cosmetics, automotive and retail customers; Monument will provide strategic support and capital to expand the company's reach and capabilities.

  • Buyer
    EngagedMD, MonCap
    Target
    MD Consents, Fertility Consent
    Location
    United Kingdom
    Type
    Buyout

    EngagedMD, a U.S.-based patient education and admin automation platform, has acquired UK-based MD Consents, the parent company of Fertility Consent, expanding EngagedMD's footprint in the fertility sector. The deal—financed by Colorado-based investment firm MonCap—brings the Fertility Consent team into EngagedMD to deliver an enhanced consenting and patient education offering for fertility clinics in the UK and internationally.

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