PEStore

Growth Equity

Emerald Lake Capital Management

Emerald Lake Capital Management takes minority stakes in growing companies, usually without full control, from United States. It states a focus on industrials & manufacturing, software & internet and business & professional services.

Disclosed holdings13
Most recent fund2025
HeadquartersUnited States
Stated fund size$2 billion

Stated investment criteria

What Emerald Lake Capital Management says it buys

Read from Emerald Lake Capital Management’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

Transaction typesAdd-on1
People listed on its team page252

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. The team figure counts the people the firm shows on one team page, so it is a floor rather than a headcount: firms that split their team across tabs or load it in pages will read low. Nothing here is a commitment by Emerald Lake Capital Management to consider any particular business, and nothing on this page is represented as being for sale.

SEC filings

What Emerald Lake Capital Management has raised

From this firm's own Form D filings. A fund files one within fifteen days of its first sale, under penalty of perjury, which makes these the hardest numbers on the page.

Vehicles filed2
Total capital raisedNot disclosed in filings
Largest single vehicleNot disclosed in filings
Filing history2025
Smallest accepted commitmentNone stated
Filed fromCALIFORNIA

Form D covers US-domiciled vehicles raised from accredited investors. It will not capture a fund raised outside the United States, separately managed accounts, or capital deployed off balance sheet, so treat these as a floor rather than a total.

Regulatory record

How Emerald Lake Capital Management is registered

From this firm's Form ADV, the annual filing every registered and exempt investment adviser makes to the SEC.

Adviser statusSEC registered
Regulatory assets under management$3.1bn
Employees15
Private funds advised15 · $2.6bn gross
SEC adviser numberCRD 300395

Portfolio

Disclosed holdings

Companies Emerald Lake Capital Management lists on its own website. 1 carry a stated investment year.

CompanyInvestedYears heldRecorded transaction
Core Transformers20251
City Ventures
Compass Rail Services
Electrical Source Holdings
Five Star Energy Services
Inno-Pak
Mbo Partners
Mission Critical Group
Pacific Defense
Spectranetix
Us Salt
Wecs
Widespread Electrical Sales

Compiled from Emerald Lake Capital Management’s published portfolio page. Where a recorded transaction is shown, that company was the target of a reported deal and has most likely already been realised. Nothing here is represented as being for sale.

Valuation context

Transaction values in Industrials & Manufacturing

What companies have actually sold for in industrials & manufacturing, across 1,298 recorded transactions.

Median consideration$110m
Middle 50%$32m-$303m
Revenue multiple1.2×
EBITDA multiple8.05×

The full industrials & manufacturing picture - most active acquirers, recent transactions and every investor in the sector.

For owners

Own a industrials & manufacturing business?

The investors on this page acquire companies like yours. A confidential valuation costs nothing, commits you to nothing, and nobody is told you asked.

Request a confidential valuation

For investors

Is this Emerald Lake Capital Management?

Claim this profile to correct anything wrong and tell us what you are looking for. We will send matching opportunities as they arise.

Claim or correct this profile

Targeted buyer search

Which hundred of these would actually buy your business?

A researched shortlist with a verified deal-team contact for each, and the reason it is on the list. Fixed fee, from $1,450 - or we make the approach for you and hand you the conversations.

See how it works

Comparable investors

Similar mandates

Other growth equity investors active in industrials & manufacturing.