Tecum Equity is a family office with committed capital that was formed to build a portfolio of lower middle market businesses primarily in the industrial, manufacturing, and distribution sectors. We seek control equity positions in businesses with $2 million to $7 million of EBITDA. As a family office, we have a long-term investment horizon and take a patient approach to building equity value in the businesses we acquire.
The capital committed to our family office is supplied by a local entrepreneur that built and successfully grew his industrial business through 40 years of “old-fashioned American work ethic and ingenuity”. He now employs over 1,000 people and has grown his business to become one of the largest privately held companies in Western Pennsylvania. His core philosophy is to invest in great people, a philosophy that Tecum has adopted when partnering with management teams and businesses owners.
The goal of our family office fund is to build more than a portfolio of businesses, it is to build a legacy for the family that we represent. As such, we seek business owners that value seeing their own legacy survive well after they exit their business.
We seek to function as a value-added resource to the incumbent management teams of our portfolio companies. While we empower these management teams to execute a business plan, Tecum and its network of executives and industry experts provide oversight in the areas of strategic planning, business and financial management, operational improvements, add-on acquisitions, and growth financing. With a long-term investment approach and no liquidity requirements, we are able to more patiently solve problems and issues without the restrictions of a limited term fund.
Investment sizes ranging from $5 – 20 million in businesses where Tecum will be the first institutional capital.