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Tecum Capital – 2021 Year in Review

The Tecum Capital team extends a sincere thank you to our friends and partners for a great year of growth at Tecum Capital! We invested in five new platforms, eight add-on acquisitions, and successfully exited three platforms. We also announced the inception of our third fund, Tecum Capital Partners III, L.P., introduced a new website and investor portal, and welcomed 3 new team members: Matt Sweet, Dave Bonvenuto, and Dominic Noel.

Tecum Capital invested in 5 new platforms – Aging With Comfort, Spirit Pharmaceuticals. DelGrosso Foods, BP Business Solutions & JD Palatine. Our add-on acquisitions for Aging With Comfort included Comforting Hands, TopChoice Homecare, and Forever Young. ACE, The Helpful Hardware acquired Indian Trail ACE and the Brookstone ACE Hardware. Marwin acquired Millwork 360 and HB&G. Supply Chain Services acquired ISG Technologies. We successfully exited from Home Care Delivered, Powertrack International, and Fluence Automation.

In addition, Tecum Capital received our license from the U.S. Small Business Administration (SBA) to operate our third SBIC (Small Business Investment Company) fund. Tecum’s new SBIC fund, Tecum Capital Partners III, L.P., will continue the strategies of its prior SBIC funds by making mezzanine loans and minority equity investments across many industries. With our third and final close, we are just over $300 million. 

Lastly, we were excited to welcome 3 new team members in 2021 that included Matt Sweet, Associate, Dave Bonvenuto, Director, and Dominic Noel, Analyst.