ROCK ISLAND CAPITAL

Thesis

Rock Island Capital is a private equity firm founded in 2005 and headquartered in Oak Brook, Illinois. They specialize in investing in lower middle market companies within the manufacturing, distribution, and service sectors, with a geographic focus on the United States and Canada. Their investment strategy centers on partnering with experienced management teams in companies with proven business models, avoiding turnarounds and early-stage investments. They seek profitable companies and invest in both majority and minority equity positions through recapitalizations, management buyouts, and growth equity opportunities. The firm targets companies with initial enterprise values up to $75 million and revenues between $10 million and $150 million. For Fund III, the target enterprise value is up to $150 million with revenues up to $250 million. The firm has raised over $550 million in committed capital and managed $631,724,000 in regulatory assets under management as of December 31, 2024. They manage multiple private funds and special purpose vehicles. They have also realized investments in Belle Aire Creations, Excel Engineering, and Kemco Systems.