WINCOVE
WINCOVE is a Series C+ and buyout fund in the US investing in industrial, business-services and infrastructure-services.
- Stages
- Series C+, buyout
- Sectors
- industrial, business-services, infrastructure-services
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2008
- Assets under management
- $300 million
Check size not disclosed
Thesis
Wincove is a private equity firm founded in 2008 that focuses on long-term value creation in the Industrial, Business Services, and Infrastructure Services sectors. They invest in small to mid-sized US companies with revenues between $20 million and $100 million, typically taking a controlling stake (at least 50%) and partnering with founders and management teams. Wincove utilizes an evergreen fund structure, allowing for a permanent capital base and a focus on sustainable growth rather than short-term transactions. Their strategy involves control investments, often through recapitalizations or buyouts, with an emphasis on driving value through growth initiatives, people, and capital assets. The firm announced the close of its second fund, Wincove Private Holdings II LP, with $300 million in capital in February 2026, which will invest alongside their existing permanent capital entity. While specific check sizes are not stated, their investment focus suggests substantial amounts in the tens of millions of dollars. Wincove has a track record of 19 platform investments and over 30 add-on acquisitions.
Common questions
Does WINCOVE invest at the Series C+ stage?
Yes. WINCOVE lists Series C+ and buyout among the stages it invests in.
Where does WINCOVE invest?
WINCOVE invests in the US.