TRP CAPITAL ADVISORS V, LLC
TRP CAPITAL ADVISORS V, LLC is a Series C+ and buyout fund in the US, East US, Midwest US and South US writing $20M–$75M checks into logistics-and-supply-chain, dealerships-and-related-services, aftermarket-solutions, specialty-manufacturing-and-distribution, education-and-training, energy-and-environmental, commercial-services, automotive and waste-hauling-services.
- Stages
- Series C+, buyout
- Sectors
- logistics-and-supply-chain, dealerships-and-related-services, aftermarket-solutions, specialty-manufacturing-and-distribution, education-and-training, energy-and-environmental, commercial-services, automotive, waste-hauling-services
- Check size
- $20M–$75M
- Invests in
- US-wide, East US, Midwest US, South US
- Actively investing
- Yes
- Founded
- 1997
- Assets under management
- $691M
Thesis
TRP Capital Advisors V, LLC, part of TRP Capital Partners, is a private equity firm specializing in the transportation industry, targeting lower middle-market businesses in the US. Their investment thesis focuses on companies with EBITDA between $5 million and $40 million, seeking equity investments of $20 million to $75 million per transaction, with a preference for control situations and enterprise values between $25 million and $250 million. Key sectors include logistics, dealerships, aftermarket, manufacturing, education, energy, commercial services, automotive, and waste hauling. They employ a value-added approach, leveraging industry expertise and networks to partner with management teams for buyouts, growth equity, and minority investments, including add-on acquisitions and greenfield developments. TRP Fund VI, their largest fund, closed at $265 million in August 2025. As of March 30, 2026, TRP Capital Advisors V, LLC reported approximately $691 million in AUM. The firm is headquartered in Birmingham, Michigan.
Common questions
Does TRP CAPITAL ADVISORS V, LLC invest at the Series C+ stage?
Yes. TRP CAPITAL ADVISORS V, LLC lists Series C+ and buyout among the stages it invests in.
What check size does TRP CAPITAL ADVISORS V, LLC write?
TRP CAPITAL ADVISORS V, LLC writes $20M–$75M checks.
Where does TRP CAPITAL ADVISORS V, LLC invest?
TRP CAPITAL ADVISORS V, LLC invests in the US, East US, Midwest US and South US.