Lewis & Clark Capital
ActiveOverview
Lewis & Clark Capital is a private equity firm that invests capital from its Managing Partner Thomas Hillman. The firm specializes in lower-middle market buyouts, co-investments, succession planning, and turnaround investments across hospitality, business services, industrials, and technology sectors. Operating as a boutique firm in the Midwest, it positions itself as a pragmatic investor led by operators with extensive business experience, having facilitated over 100 transactions across more than 25 years of investing activity.
History
Lewis & Clark Capital was established in 2001, formerly operating under the name FTL Capital Partners before rebranding. The firm was built by Managing Partner Thomas Hillman and his associates into a recognized boutique private equity firm in the Midwest. The company operates as an independent firm investing primarily the capital of its managing partner, maintaining a selective investment approach focused on opportunities with significant growth potential.
Product Lines
| Product Line | Positioning | Price Range |
|---|---|---|
| Lower-Middle Market Buyouts | Primary acquisition strategy for established companies | Undisclosed |
| Succession Planning Investments | Facilitate ownership transitions for family and founder-led businesses | Undisclosed |
| Turnaround Investments | Restructure and revitalize underperforming companies | Undisclosed |
| Co-Investment Opportunities | Partner with other investors on select deals | Undisclosed |
Manufacturing
Not applicable. Lewis & Clark Capital is a private equity investment firm and does not manufacture products. The firm invests in portfolio companies across various industries that may have their own manufacturing operations.
Notable Products
- ChemRite Co-Pac Acquisition - Full-service contract manufacturer offering formulation, blending, filling, and packaging services from FDA-registered facilities
- Portfolio Company Investments - Over 100 completed transactions across hospitality, business services, industrials, and technology sectors
Reputation
Lewis & Clark Capital is recognized as a preeminent boutique private equity firm in the Midwest with a pragmatic, operator-focused investment philosophy. The firm is known for its selective deal approach and focus on companies with potential to achieve significant growth. Its reputation is built on the operational experience of its team members who have founded and managed businesses, lending credibility to its investment decisions and portfolio company guidance.