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TRP Capital Partners

TRP Capital Partners acquires controlling stakes in established, profitable businesses, from Birmingham, Michigan. It states a focus on transportation & logistics.

Capital raised$555macross 5 SEC-filed vehicles
Most recent fund2023filing since 2015
HeadquartersBirmingham, Michigan
Stated fund size$1.2b

Stated investment criteria

What TRP Capital Partners says it buys

Read from TRP Capital Partners’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 page122

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 TRP Capital Partners to consider any particular business, and nothing on this page is represented as being for sale.

SEC filings

What TRP Capital Partners 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 filed5
Total capital raised$555m
Largest single vehicle$251m
Filing history2015 to 2023
Smallest accepted commitment$100k
Filed fromMICHIGAN

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 TRP Capital Partners 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$691m
Employees11
Private funds advised11 · $643m gross
SEC adviser numberCRD 306604

Portfolio

Disclosed holdings

Companies TRP Capital Partners lists on its own website. No investment years are published.

CompanyInvestedYears heldRecorded transaction
DTI
Driving Force
Emerald Velocity
GenOx Transportation
Jax Kar Wash
Lifted Trucks
Star Logistics

Compiled from TRP Capital Partners’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 Transportation & Logistics

What companies have actually sold for in transportation & logistics, across 338 recorded transactions.

Median consideration$80m
Middle 50%$23m-$225m
Revenue multiple0.7×
EBITDA multiple8.3×

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

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Comparable investors

Similar mandates

Other buyout pe investors active in transportation & logistics.