Colfax Creek Capital

Colfax Creek Capital is a Michigan-based private equity firm that focuses on acquiring and building strategically important manufacturing companies within a drive of Detroit. The firm targets businesses with $2–4 million of EBITDA, recurring revenue, and strong free cash flow, often addressing succession, operational gaps, or other addressable risks. Their investment approach is driven by a long-term commitment to people, partnerships, and compounding value, emphasizing permanent capital and a 'no jerk rule' to maintain a positive culture.

The firm's investment strategy centers on control investments in closely held, non-sponsor companies with proven management. They focus on industries such as contract manufacturing, original equipment manufacturing, and industrial services, seeking companies with recurring revenue, high free cash flow, and strategic focus. Colfax Creek Capital's operational playbook aims to transform founder-led, under-resourced, or non-core corporate divisions into process-driven, best-in-class businesses, developing new leaders, improving performance, and compounding value over the long run.

Colfax Creek Capital has a track record of partnering with family-owned businesses, delivering 2–3 times EBITDA growth and top-quartile returns. Their approach is characterized by transparent valuation, focused diligence, committed capital, and a single decision-maker, ensuring a high certainty of close. The firm has been involved in various acquisitions and recapitalizations, such as the recapitalization of Premier Engineered Products in partnership with MidCap Business Credit, which provided a new credit facility to fuel the company's growth.