Established in 2004, with offices in Baltimore, Cincinnati, and Nashville, Slate Capital Group’s primary areas of focus include business services, distribution, and select light manufacturing investments.
The principals of Slate Capital Group have significant experience in running small-to-mid-sized companies and investing in leveraged buyout transactions.
Slate Capital Group targets companies with annual EBITDA of $3-30 million.
FLEXIBLE STRUCTURE
We are flexible as to structure and will consider transactions involving growth capital, acquisition capital, management buyouts, leveraged acquisitions, recapitalizations, ownership restructuring of family controlled businesses, and shareholder liquidity events.
Our approach is to acquire/invest in one or two new companies per year and focus on their success, rather than striving for a larger volume of deals and a “portfolio” return. The Slate Capital Group’s professionals are deeply involved with our portfolio companies – this involvement can range from a full-time management position to being an active board member.
The Slate Capital Group’s principals invest their own capital alongside their investors, who are mostly wealthy individuals and family offices. As such, our capital is patient, and we are comfortable with much longer holding periods than typical private equity funds.
Focused Investments
Slate Capital Group targets business services, distribution, and select light manufacturing businesses.
Key Business Characteristics
Stable or recurring revenue
Identifiable growth opportunities
Sustainable margins
High returns on invested capital/limited capital intensity
Significant barriers to entry and/or significant market share
Simple, understandable businesses
Non-cyclical industries
Financial Criteria
Annual cash flow of $3 million to $30 million
Control
Slate requires a controlling interest in acquired companies
Geographic Focus
Companies with headquarters located in the Eastern half of the United States
OUR PORTFOLIO
B&S Site Development, LLC, based in Manassas, Virginia, is a full-service large-parcel site development provider of services including excavation, clearing, rock blasting, demolition, paving, and utility installation in Virginia, Maryland, West Virginia, Ohio, Indiana and the Greater Washington D.C. area. B&S has established itself as a major provider of site development services for data centers in its covered territories, including Northern Virginia, the largest data center market in the US. brown-settle.com
Cumberland Diversified Metals, based in Cleveland, Ohio, is a leading value-added distributor and broker of specialty metals, with particular product strength in prime and secondary stainless steel, prime and secondary aluminum, titanium and nickel. CDM has built its business over the past 37 years and developed a reputation for deep market knowledge and first-class customer service. CDM buys and sells materials throughout the USA, Canada and Mexico. cumberlandmetals.com
Horizon Facilities Services, based in Allentown, Pennsylvania, is a leading provider of outsourced services to the rental car industry under the Managed Labor Solutions banner. Additionally, Horizon provides commercial janitorial services under the Professional Maintenance Co. banner. Horizon partners with its customers through a transaction-based pricing model that enhances customer cost visibility and operational efficiency. managedlabor.net
O’Donnell Metal Deck & Bar Joist, based in Elkridge, Maryland, is a leading value-added distributor of metal decking and steel bar joist for the commercial construction industry, with over 35 years of experience. The company services customers nationally through its locations in Maryland, Pennsylvania, Georgia, Tennessee, Arizona, Texas, and Washington. odonnellmetaldeck.com
Vertical Mechanical Group, based in Sterling, Virginia, is a leading contractor of HVAC and plumbing services. Formed from the 2021 merger of Anderson Mechanical Services and Inspiration Plumbing Company, VMG specializes in mechanical construction, upfits and service for large hotels, multi-family housing and senior living facilities. VMG services a blue-chip customer base, including Clark Construction, Hitt Contracting, Moriarty, CBG, Davis, Whiting-Turner, Balfour Beatty and Donohoe Construction. vmgmech.com
Past Investments
OUR TEAM
Rick Corcoran
Rick is a Partner of Slate Capital Group, which he co-founded in 2004. Rick has been an investor, entrepreneur, operator and consultant. Read more>>
Parker Davis
Parker is a Partner of Slate Capital Group. Parker focuses on developing new opportunities for Slate and managing its current portfolio. Read more>>
Erik Ginsberg
Erik is the Managing Partner of Slate Capital Group, which he co-founded in 2004. Erik has worked in the private equity industry for over 25 years. Read more>>
CONTACT US
Our Offices
Baltimore, MD
Cincinnati, OH
Nashville, TN
Phone: 410-560-3572
Email: contact@slatecap.com
