Wynnchurch Capital, L.P.

Wynnchurch Capital, L.P. is a middle-market private equity investment firm headquartered in Rosemont, Illinois, a suburb of Chicago, with an affiliate in Canada. Founded in 1999, the firm manages a number of private equity funds with $9.1 billion of assets under management. Middle-market private equity firms of this kind typically acquire controlling or significant stakes in established private companies, using pooled capital from institutional investors, and aim to increase the value of those businesses before an eventual exit.

The company's strategy is to partner with middle-market companies in the United States and Canada that have potential for substantial growth and profit improvement. It specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings, and its targets also include underperforming businesses and family-owned businesses in transition. Wynnchurch seeks to make equity investments of $50 million to $750 million, including co-investments, in companies with $100 million to $3 billion in annual revenue, with an industry focus on manufacturing, distribution and services. Carve-outs and underperforming businesses often involve operational separation or turnaround work, which tends to narrow the pool of interested buyers and places weight on a sponsor's operating capabilities.

Since its inception, the firm reports more than 185 platform and add-on acquisitions, a pattern consistent with a buy-and-build model in which an initial platform company is expanded through follow-on purchases. Wynnchurch describes its approach as a partnership with management teams, aiming to leverage a business's strengths, identify new market opportunities and provide strategic support to realize management's vision. It emphasizes thorough upfront analysis to reduce surprises late in a transaction, along with stated commitments to sound business judgment, communication and integrity.