Lacy Diversified

Lacy Diversified, also known as LDI, Ltd., is a family office with over a century of experience in funding and operating customer-focused, middle-market companies. The firm focuses on building long-term value by investing in high-potential businesses, primarily seeking majority ownership positions and providing permanent capital. LDI is known for its patient investment approach, dedicating resources and leadership to grow companies into market leaders. The firm typically targets businesses with EBITDA between $2 million and $10+ million, and its portfolio companies collectively generate over $1.2 billion in revenue and employ more than 1,500 professionals globally.

The roots of Lacy Diversified trace back to 1912 when Howard J. Lacy, Sr. co-founded U.S. Corrugated Fiber Box Company in Indianapolis, Indiana. The Lacy family successfully built this company into one of the nation’s largest independent producers of corrugated shipping containers over 72 years. Recognizing an opportunity to diversify, the company restructured in 1972 and was rebranded as Lacy Diversified Industries, or LDI, Ltd. The sale of U.S. Corrugated in 1984 provided significant momentum for LDI to acquire majority ownership in other high-growth industries, leading to the acquisition of three new operating companies by 1990.

LDI's current portfolio includes a diverse range of companies such as OIA Global, an asset-light third-party logistics provider; Polygon, a manufacturer of advanced composite materials; UltiMed, a manufacturer of medical injection devices; Acme Barricades, a provider of highway safety and traffic control solutions; Dealers Wholesale, a building products distributor; Genesis Rail, a full-service railroad company; Pretred, which transforms recycled tires into sustainable construction barriers; and TCP Analytical, a manufacturer and distributor of specialty chemicals. The firm's team, including Board Chair & CEO J.A. Lacy and Chief Investment Officer John Martin, brings extensive experience in operating and managing businesses, emphasizing integrity, innovation, and continuous improvement.