Private Equity Firm Other

Pfingsten Partners

Chicago, Illinois, United States

Pfingsten is an operationally oriented private equity firm based in Chicago. It invests in entrepreneur-led and family-owned manufacturing, distribution, and business services companies, providing strategic operational support and resources to accelerate growth and profitability.

Focus Areas
Manufacturing, Distribution, Business Services
Website
pfingsten.com

Tracked deals

33

33 tracked deals across 2010-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Addon

20 addon · 12 buyout · 1 growth capital

Pfingsten Partners Acquisition Volume by Year

Last 8 years

Acquisition volume by year Annual acquisition counts for the last 8 years for Pfingsten Partners. 1 2018 2 2019 9 2021 9 2022 2 2023 5 2024 2 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 33 tracked deals for Pfingsten Partners.

  • Buyer
    Environmental Lights, Pfingsten
    Target
    Nova Flex
    Industry
    Manufacturing
    Type
    Buyout

    Environmental Lights, a U.S. LED lighting solutions innovator, acquired Nova Flex, a linear lighting provider based in St. Cloud, Minnesota. Nova Flex will continue to operate independently under President David Kidd, while the combined companies aim to broaden product and application breadth and accelerate Nova Flex’s growth.

  • Buyer
    Pacific Lasertec, Pfingsten Partners
    Target
    Diode Laser Concepts, Inc.
    Location
    United States
    Type
    Addon

    Pacific Lasertec, a portfolio company of Pfingsten Partners, acquired Diode Laser Concepts (DLC). CriticalPoint served as financial adviser to Pacific Lasertec in connection with the transaction.

  • Buyer
    AscendERP Holdings, L.P. (Ascend), Pfingsten
    Target
    WebSan Solutions Inc.
    Industry
    Cloud & SaaS
    Location
    Ontario, Canada
    Type
    Addon

    Pfingsten’s portfolio company AscendERP Holdings (Ascend) has acquired WebSan Solutions Inc., a Toronto-based provider of AI-enabled ERP, CRM, analytics and Microsoft Dynamics Business Central implementation and support services. The add-on deal — Ascend's third under Pfingsten — closed in May 2025 and is intended to deepen Ascend’s delivery capabilities, expand its IP library and diversify its geographic footprint.

  • Buyer
    Pfingsten
    Target
    American Cutting Edge (ACE)
    Type
    Buyout

    Pfingsten, an operationally focused private equity firm, acquired American Cutting Edge (ACE), a distributor of consumable industrial knives, blades and razors with value‑added sharpening, etching and inventory management services. ACE is headquartered in Miamisburg, Ohio (with an additional facility in Akron) and will be scaled as a new platform investment to drive sales and marketing growth, product introductions and add-on acquisitions.

  • Buyer
    Omega Systems Consultants, LLC (Omega Systems), Pfingsten
    Target
    Amnet Technology Solutions (Amnet Systems, LLC), Cloudpath LLC
    Industry
    IT Services
    Type
    Addon

    Omega Systems, a Pfingsten-backed managed services platform, has acquired Amnet Technology Solutions and its Cloudpath multi-cloud connectivity platform, adding secure multi-cloud connectivity and expanded managed IT and cybersecurity capabilities. The deal (closed May 16, 2024) strengthens Omega’s technical service offering and expands its customer relationships across the Northeast, bringing Amnet and Cloudpath into Omega’s MSP/MSSP portfolio.

  • Buyer
    Pfingsten
    Target
    Rand Group Solutions, LLC, Maxerp, LLC dba MicroAccounting
    Industry
    Cloud & SaaS
    Type
    Buyout

    Pfingsten launched a new platform, AscendERP Solutions (Ascend), and invested in Rand Group Solutions, LLC and Maxerp, LLC dba MicroAccounting to create a diversified AI-enabled cloud ERP and CRM services platform. The transactions bring together Rand Group’s Microsoft and NetSuite expertise (Houston) and MicroAccounting’s Sage capabilities (Dallas) to expand implementation, managed services and recurring revenue offerings.

  • Buyer
    Sign-Zone, LLC d.b.a. Showdown Displays, Pfingsten Partners
    Target
    AAA Innovations
    Industry
    Manufacturing
    Type
    Addon

    Pfingsten’s portfolio company Sign-Zone, LLC d/b/a Showdown Displays has acquired AAA Innovations, a custom manufacturer of umbrellas, coolers and outdoor recreational products based in Norwood, New Jersey. The add-on deal (closed April 8, 2024) is intended to add production capacity, expand geographic presence and accelerate growth while retaining AAA’s president, Jeff Nanus, in his role.

  • Buyer
    Ascend Technologies, Pfingsten Partners
    Target
    Rand Group
    Industry
    IT Services
    Type
    Addon

    Ascend Technologies completed its acquisition of Rand Group on April 1, 2024. The deal was described as part of a broader consolidation strategy by the Pfingsten Partners-backed platform company to build a comprehensive cloud ERP services platform through targeted buy-and-build acquisitions.

  • Buyer
    Fairbank Equipment, Inc., Pfingsten
    Target
    Big W Sales, Inc.
    Industry
    Agriculture
    Type
    Addon

    Pfingsten's portfolio company Fairbank Equipment, Inc. has acquired Big W Sales, Inc., a Stockton, California-based distributor and manufacturer of agricultural parts, trailers, tanks and equipment. The transaction, which closed on January 2, 2024, expands Fairbank's footprint into California and broadens the combined group's distribution and manufacturing capabilities across the western United States; Big W's leadership will remain as shareholders and continue operating the business.

  • Buyer
    Pfingsten
    Target
    Pacific Lasertec
    Industry
    Manufacturing
    Type
    Buyout

    Pfingsten, an operationally focused private equity firm, acquired Pacific Lasertec, a San Marcos-based manufacturer of specialty lasers and related power supplies, as a new platform investment on August 25, 2023. Pfingsten said it will work with PLT's management team to scale the business organically and through strategic add-on acquisitions to build a leading photonics solutions provider serving medical diagnostics, semiconductor, scientific R&D and advanced manufacturing end markets.

  • Buyer
    Omega Systems (Omega Systems Consultants, LLC), Pfingsten Partners
    Target
    The TNS Group (TigerNet Systems, Inc.)
    Industry
    IT Services
    Type
    Addon

    Omega Systems, a portfolio company of Pfingsten Partners, has acquired The TNS Group (TigerNet Systems), a Stamford-based managed IT and security services provider. The add-on expands Omega's Northeast footprint and strengthens its managed security, cloud, business continuity, and IT consulting capabilities.

  • Buyer
    Pfingsten
    Target
    Tempest Telecom Solutions
    Type
    Buyout

    Pfingsten, an operationally focused private equity firm, acquired Tempest Telecom Solutions, a US-based provider of network telecommunications equipment distribution and repair services, on December 2, 2022. Pfingsten plans to scale Tempest as a platform, expanding its technical service and product distribution capabilities organically and via add-on acquisitions.

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