Angeles Equity Partners

Angeles Equity Partners is a private investment firm specializing in partnering with industrial businesses to unlock their full potential. The firm focuses on value creation through operational transformation in underperforming industrial sectors. Their investment strategy targets control equity investments, with ownership stakes of 50% or more, in companies with EBITDA ranging from unprofitable to $40 million and enterprise values up to $375 million. Equity checks range up to $150 million, primarily in the United States and Canada for new platforms, and globally for add-ons. Angeles Equity Partners concentrates on industrial sub-sectors such as aerospace, defense, space, automotive, building and infrastructure products, capital goods, facilities management, industrial technology, packaging, specialty chemicals, and transportation and logistics. They invest in business models including niche manufacturing, critical industrial services, and specialty distribution. Transaction types encompass corporate carve-outs, ownership transitions, recapitalizations, joint ventures, special situations, and public-to-private transactions. The firm has a track record of successfully transforming underperforming industrial businesses, as evidenced by their recent acquisition of Custom Goods, a third-party logistics provider, and the appointment of Rob Walpole as CEO to accelerate growth in the 3PL sector. Angeles Equity Partners closed Fund II in August 2023 with total capital commitments exceeding $540 million, demonstrating strong investor demand and confidence in their investment strategy. This fund is over 50% larger than the previous vintage, bringing total capital commitments to nearly $1 billion. The firm continues to execute its strategy of transforming underperforming industrial businesses in North America through seasoned investment acumen, deep sub-sector insight, and comprehensive operational engagement. Their approach is characterized by a consistent focus on operational transformation and strategic repositioning to help businesses realize their full potential. Angeles Equity Partners' team comprises professionals with extensive experience in private equity operations, driving strategy, transformation, and performance improvement, along with strong capabilities in accounting, treasury, and financial planning and analysis. Their expertise enables them to partner effectively with existing management teams or facilitate management transitions to drive value creation. The firm's commitment to operational excellence and strategic growth has led to successful partnerships and significant improvements in portfolio companies, reflecting their dedication to building better businesses through operational transformation.