PITTSBURGH, PA – Erie Strayer, a fourth-generation, family-owned leader in concrete batching solutions, announced a strategic partnership with CQL Capital to support the company’s long-term growth while preserving its legacy, leadership, and customer-first culture. Tecum Capital, along with Star Mountain Capital, Everside Capital Partners, Brookside Capital Partners, and UMB Private Investments, provided growth capital to support the partnership.
Headquartered in Erie, PA, Erie Strayer designs, engineers, and manufactures concrete batch plants for construction and ready-mix companies. Erie is a leader in the manufacture and sale of new equipment, and the provisioning of aftermarket parts and services to the concrete batch plant industry.
Founded in 1912, Erie Strayer has built its reputation on engineering excellence, rugged and reliable equipment, and dependable after-sale support. The partnership provides additional resources to invest in innovation, employee development, and expanded service capabilities.
Kyle Strayer will continue to lead the company as Chief Executive Officer and remain fully involved in the day-to-day operation of the business. Erie Strayer’s management team also remains unchanged, and customers, dealers, and vendors will continue working with the same contacts that they do today.
“This partnership is about strengthening Erie Strayer for the long term while protecting what makes this company special,” said Kyle Strayer, CEO of Erie Strayer. “We were very intentional in choosing a partner who respects our people, our culture, and our commitment to customers. This allows us to invest in the future while staying true to who we are.”
“We’re incredibly excited to partner with the Erie Strayer team and CQL Capital,” said Tyson Smith, Partner at Tecum Capital. “This is a strong local business with a long history of manufacturing excellence, and we see significant opportunity to support the team as they invest in growth, expand capacity, and continue serving their customers at the highest level. This partnership reflects our commitment to backing proven operators in our own backyard.”
Looking ahead, Erie Strayer plans to continue empowering its employees while strategically growing its team, along with expanding its aftermarket support, service, and parts capabilities to further enhance the customer’s experience.
“Erie Strayer is a company with deep roots, a strong culture, and a talented team,” said Darrick Geant, Managing Partner at CQL Capital. “Our role is to support the company’s long-term vision by providing capital and strategic resources while allowing management to continue leading the business.” Dana Rosenberg, Managing Partner at CQL Capital, added, “What impressed us most was the pride Erie Strayer’s employees took in their work and the company’s unwavering focus on customers. We’re excited to partner with a team that is committed to innovation while preserving the values that have guided the business for more than a century.”
The partnership reinforces a shared commitment to innovation, employee empowerment, and maintaining Erie Strayer’s position as an industry leader.
About Tecum Capital
Tecum Capital is a Pittsburgh, Pennsylvania-based private investment firm deploying capital in lower middle-market companies. Tecum provides mezzanine debt and equity investments in growth-oriented middle-market companies across the broader environmental/industrial services, high-value manufacturing, value-added distribution, and business services sectors. Tecum partners with independent sponsors, family offices, committed funds, business owners seeking succession plans, and management teams to create shared success. Tecum manages three Small Business Investment Company (“SBIC”) licensed funds and is currently investing out of Tecum Capital Partners IV, L.P, a new $340 million fund launched in February 2025. Since 2006, the team has collectively invested more than $1 billion in over 190 platforms and add-on acquisitions. For more information, please visit tecum.com.
About CQL Capital
CQL Capital is a Manhattan Beach, California-based, middle-market private equity firm that partners with founder and family-owned businesses. The firm provides capital and strategic resources to support long-term growth while prioritizing alignment with management teams, employees, and company culture. For more information, please visit cqlcapital.com.
About Star Mountain Capital
Founded in 2010, Star Mountain is a specialized U.S. lower middle-market asset management firm focused on providing capital to companies and to other fund managers. Star Mountain manages ~$4.5 billion of AUM (committed capital including debt facilities as of 1/31/26) through funds and SMAs for some of the most sophisticated investors globally including individuals, family offices/wealth managers, insurance companies, endowments/foundations and pensions. Star Mountain is 100% employee-owned and 100% of employees share in the investment profits across 120+ team members and 40+ senior advisors/operating partners in 20+ offices. Since inception Star Mountain has made over 350 investments. For more information, please visit starmountaincapital.com.
About Everside Capital Partners
Everside is an SEC-registered investment advisor, as well as a SBIC (Small Business Investment Company) license holder based in New York, NY. With $2.5 billion in assets under management across its funds, Everside partners with leading SBIC managers in the lower middle market through its primary and secondary investing strategies, and also makes direct credit and equity investments in small businesses through its direct investing strategies. As a flexible capital provider, Everside offers debt and structured equity solutions for recapitalizations, acquisitions, liquidity events, and management buyouts. For more information, please visit everside.com.
About Brookside Capital Partners
Brookside Capital Partners is a premier provider of flexible capital solutions to small and mid-sized businesses across a broad range of industries. Since its founding, Brookside has been a trusted partner to founders, private equity sponsors, and management teams, supporting leveraged buyouts, strategic recapitalizations, acquisitions, and growth initiatives. Brookside’s seasoned investment team brings deep and complementary expertise in the lower-middle market, with more than 235 collective years of experience spanning mezzanine finance, leveraged lending, and private equity. Since 2001, the firm has invested $1.4 billion in 133 companies, building a strong track record of long-term value creation. Headquartered in Stamford, Connecticut, with additional offices in Los Angeles, Boston and Naples, Florida, Brookside has raised five Small Business Investment Company (SBIC) funds. The firm is currently investing from its $393 million fifth fund, which closed in 2024. For more information, please visit brooksidecp.com.
About UMB Private Investments
UMB Private Investments combines the strength of a dedicated and experienced investment team with the deep resources of UMB Financial Corporation. This combination has driven the firm to become a preferred capital solutions provider of minority equity or subordinated debt to companies operating in a variety of industries such as manufacturing, distribution, business services, and consumer products. The firm’s typical investment ranges from $2 – $8 million with a focus on profitable companies generating revenue between $10 – $100 million. As a licensed small business investment company, UMB Private Investments has invested more than $100 million across more than 50 private businesses to date. For more information, please visit umb.com.