Behrman Capital

Behrman Capital is a private equity investment firm based in New York City, founded in 1991 by brothers Grant G. and Darryl G. Behrman. The firm focuses on management buyouts, leveraged buildups, and recapitalizations of established growth businesses, primarily in the Defense and Aerospace, Healthcare, and Specialty Industrials sectors. Behrman Capital has raised approximately $4.2 billion since its inception and is currently investing out of its seventh primary fund.

The firm's investment strategy targets companies with revenues between $50 million and $200 million and EBITDA up to $25 million. Behrman Capital seeks equity investments ranging from $25 million to $100 million, emphasizing sectors such as niche manufacturing, value-added distribution, electronic components, thermal management, advanced materials, MRO parts and services, clinical diagnostics, pharma outsourcing, post-acute care, medical products, industrial automation, and more. The firm aims to partner with companies that exhibit secular growth in attractive niche markets, recession-resistant demand profiles, high market share, above-average profitability, capital-efficient business models, high recurring revenue from diversified customer bases, proprietary products or services protected by intellectual property, and the ability to achieve significant growth organically and/or through acquisition.

Behrman Capital has a history of successful investments, including the acquisition of Vista Apex, a leading manufacturer of consumable dental products, in April 2024. The firm's leadership transition plan, announced in July 2025, designates Simon P. Lonergan as the sole Managing Partner, effective December 31, 2026, with co-founder Grant G. Behrman transitioning to the role of Senior Partner and Co-Founder. This strategic move reflects Behrman Capital's commitment to maintaining its strong, positive trajectory while ensuring continuity in its leadership and investment approach.