TECUM CAPITAL MANAGEMENT, LLC

Thesis

Tecum Capital Management, LLC, founded in 2006 and based in Pittsburgh, PA, is a private investment firm specializing in lower middle-market companies across the United States, with a strategic focus on the Rust Belt, Midwest, Southeast, and Mid-Atlantic regions. The firm operates with a multi-strategy approach, offering mezzanine debt and minority equity investments. Their investment thesis is centered on collaborating with companies that exhibit strong growth potential, possess capable management teams, and have a clear strategic vision for operational enhancement and expansion. Tecum Capital targets businesses with an EBITDA exceeding $3 million, typically investing between $5 million and $20 million per deal, with the capacity for larger investments through partnerships. The firm's primary investor type is PE/Buyout, complemented by Growth/Expansion and Mezzanine investors. Key sectors of interest include Business Services, Manufacturing (including Precision Manufacturing), Value-Added Distribution, Industrial & Environmental Services, Capital Equipment with P&M, Consumer-Oriented, Food & Beverage, Healthcare Services, and Transportation & Logistics. Tecum Capital is actively seeking new investment opportunities. The firm manages over $450 million in AUM, with its fourth SBIC fund, Tecum Capital Partners IV, L.P., closing at over $325 million as of July 2025. Tecum Capital Partners III, L.P., a $305 million fund launched in September 2021, remains active. The firm's name, 'Tecum,' is Latin for 'with you,' underscoring their collaborative investment philosophy.