Private Equity Firm Other

Peninsula Capital Partners

Southfield, Michigan, United States

Peninsula Capital Partners is a middle-market investment firm providing flexible junior capital solutions (subordinated debt, preferred equity and/or common equity) as a non-controlling or controlling investor, either as a lead sponsor or transaction participant.

Focus Areas
Junior debt, Preferred equity, Common equity

Tracked deals

10

10 tracked deals across 2018-2023.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

5 addon · 3 buyout · 2 recapitalization

Peninsula Capital Partners Acquisition Volume by Year

Last 6 years

Acquisition volume by year Annual acquisition counts for the last 6 years for Peninsula Capital Partners. 1 2018 3 2019 2 2020 1 2021 2 2022 1 2023

Supporting Data

Recent Transactions

  • PowerVac of Michigan Completes Majority Recapitalization of The Precision Group
    May 18, 2023
    Buyer
    PowerVac of Michigan, Inc., Pillsman Partners LLC, Peninsula Capital Partners LLC
    Target
    The Precision Group
    Seller
    The Precision Group
    Industry
    Environmental Services
    Location
    New York, United States
    Type
    Recapitalization

    PowerVac of Michigan, a portfolio company of Pillsman Partners and Peninsula Capital Partners, has completed a majority recapitalization of The Precision Group, an environmental and infrastructure services provider headquartered in Schenectady, New York. The deal brings together Precision’s industrial cleaning, trenchless pipe rehabilitation and hazardous‑waste capabilities with PowerVac’s platform to expand geographic reach and service offerings across regional municipal, commercial and industrial markets. Auctus Capital Partners acted as exclusive advisor to The Precision Group.

  • Weave Growth Partners and Peninsula Capital Acquire Majority Stake in Strolleria
    February 1, 2022
    Buyer
    Weave Growth Partners, Peninsula Capital Partners
    Target
    Strolleria, LLC
    Industry
    Retail
    Location
    Arizona, United States
    Type
    Buyout

    Weave Growth Partners and Peninsula Capital Partners acquired a majority stake in Strolleria, a Scottsdale-based multi-channel retailer of high-end baby gear. The investors plan to support Strolleria’s growth by expanding its e‑commerce capabilities and applying technology-enabled analytics and automation to scale the business.

  • Power VAC Acquires Strain Electric Company
    January 18, 2022
    Buyer
    Power VAC, LLC, Peninsula Capital Partners, Pillsman Partners
    Target
    Strain Electric Company
    Seller
    Todd Strain, Debbie Strain, Strain family
    Industry
    Construction
    Location
    Michigan, United States
    Type
    Addon

    Power VAC, LLC of Novi, Michigan acquired Strain Electric Company, a 75+-year-old electrical and utility contractor headquartered in Wyoming, Michigan. The transaction is an add-on to Power VAC’s PE-backed platform and was supported by Peninsula Capital Partners and Pillsman Partners to expand Power VAC’s geographic footprint and service offerings into Western Michigan.

  • Pillsman Partners and Peninsula Capital Recapitalize Edge One, Inc.
    February 4, 2021
    Buyer
    Pillsman Partners, LLC, Peninsula Capital Partners
    Target
    Edge One Inc.
    Seller
    Edge One's owners and management
    Industry
    Financial Services
    Location
    Wisconsin, United States
    Type
    Recapitalization

    Greenwich-based Pillsman Partners, together with Peninsula Capital Partners, completed a recapitalization of Edge One Inc., a Stoughton, Wisconsin-based provider of ATMs and related financial equipment and services. The transaction, which closed December 4, 2020, provides Edge One with capital to support organic growth and targeted acquisitions while retaining participation by the company’s owners and management.

  • Lincoln Road and Peninsula Partner with Fire Equipment Company of Florida to Join Republic Fire Protection
    August 11, 2020
    Buyer
    Lincoln Road Global Management, Peninsula Capital Partners, Republic Fire Protection, Inc.
    Target
    Fire Equipment Company of Florida, Inc.
    Industry
    Industrial Services
    Location
    Florida, United States
    Type
    Addon

    Lincoln Road Global Management and Peninsula Capital Partners partnered (via an affiliate) with Fire Equipment Company of Florida, Inc., to add the Florida-based fire protection business to the Republic Fire Protection platform. The acquisition expands Republic's regional coverage and continues the platform's roll-up strategy to provide comprehensive fire safety services across the Southeast.

  • PowerVac of Michigan Acquires Fire & Ice Mechanical
    August 7, 2020
    Buyer
    PowerVac of Michigan, Inc., Peninsula Capital Partners, Management
    Target
    Fire & Ice Mechanical, Inc.
    Industry
    HVAC & Mechanical
    Location
    Michigan, United States
    Type
    Addon

    PowerVac of Michigan (PVM), together with Peninsula Capital Partners and management, has acquired Fire & Ice Mechanical, a Sterling Heights, Michigan-based full-service commercial and industrial heating and cooling contractor. The acquisition expands PVM's service capabilities and geographic presence in Southeast Michigan by adding F&I's emergency service, preventive maintenance and system upgrade offerings.

  • Lincoln Road and Peninsula Capital Add Gold Coast Fire Protection and Florida Fire Systems to Republic Fire Protection
    December 11, 2019
    Buyer
    Lincoln Road Global Management, LLC, Peninsula Capital Partners L.L.C., Republic Fire Protection, Inc.
    Target
    Gold Coast Fire Protection, LLC, Florida Fire Systems, LLC
    Industry
    Industrial Services
    Location
    Florida, United States
    Type
    Addon

    Lincoln Road Global Management and Peninsula Capital Partners, through an affiliate, have partnered with Gold Coast Fire Protection (Fort Myers, FL) and Florida Fire Systems to bring both companies into the Republic Fire Protection platform. The acquisitions expand Republic's regional coverage across Florida and the Southeast while keeping the target companies' leadership and operational autonomy in place.

  • Lincoln Road and Peninsula's Republic Fire Protection Adds Aegis Fire & Integrated Services
    October 30, 2019
    Buyer
    Lincoln Road Global Management, LLC, Peninsula Capital Partners LLC, Republic Fire Protection, Inc.
    Target
    Aegis Fire & Integrated Services
    Industry
    Industrial Services
    Location
    Florida, United States
    Type
    Addon

    Lincoln Road Global Management and Peninsula Capital Partners have partnered (through an affiliate) to add Jacksonville-based Aegis Fire & Integrated Services to the Republic Fire Protection platform. Aegis's president, Allen Andone, will continue to run the business as the platform expands coverage across the Southeast.

  • Peninsula Capital Invests in American Alloy; Sells Pro-Vac to RLJ Equity Partners
    February 4, 2019
    Buyer
    Peninsula Capital Partners (Peninsula Fund VI LP), RLJ Equity Partners
    Target
    American Alloy, Pro-Vac
    Seller
    Founder and CEO of American Alloy, Peninsula Capital Partners
    Industry
    Manufacturing
    Location
    Washington, United States
    Type
    Buyout

    Detroit-based Peninsula Capital Partners (via Peninsula Fund VI LP) acquired a majority interest in Spokane Valley precision parts manufacturer American Alloy from its founder (who remains CEO). At the same time Peninsula sold its interest in Seattle-based hydro-excavation provider Pro‑Vac to RLJ Equity Partners; terms of both transactions were not disclosed.

  • Peninsula Capital Partners and Pillsman Partners Acquire Vanguard Graphics International (VGI) from Capital for Business
    December 1, 2018
    Buyer
    Peninsula Capital Partners, Pillsman Partners
    Target
    Vanguard Graphics International (VGI) (aka Printware)
    Seller
    Capital For Business
    Industry
    Manufacturing
    Location
    Minnesota, United States
    Type
    Buyout

    Capital For Business (CFB) completed its exit of Vanguard Graphics International (VGI), a manufacturer and supplier of digital inkjet printing systems. The transaction brings VGI into the ownership of Peninsula Capital Partners and Pillsman Partners.

Related Acquisition Pages

Industrial Services Buyers & Acquisitions 3 tracked deals by Peninsula Capital Partners. Manufacturing Buyers & Acquisitions 2 tracked deals by Peninsula Capital Partners. Construction Buyers & Acquisitions 1 tracked deal by Peninsula Capital Partners. Environmental Services Buyers & Acquisitions 1 tracked deal by Peninsula Capital Partners. Acquisitions in Florida 3 tracked deals by Peninsula Capital Partners. Acquisitions in Michigan 2 tracked deals by Peninsula Capital Partners. Acquisitions in Arizona 1 tracked deal by Peninsula Capital Partners. Acquisitions in Minnesota 1 tracked deal by Peninsula Capital Partners.

Related articles

Selling a company? Get in front of buyers like Peninsula Capital Partners

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

Find buyers like these →