Radial Equity

Radial Equity Partners is a private equity firm that specializes in investing in middle-market businesses. The firm focuses on sectors where its team possesses significant prior experience and a robust network of industry relationships, enabling them to provide strategic support to their management partners. Radial Equity Partners has a track record of completing numerous transactions, with a total enterprise value exceeding $2.8 billion across 52 transactions. Their investment focus primarily spans manufacturing, value-added distribution, and services sectors.

The firm was founded in 2019 by Phil Carpenter, emerging as a spin-out from Irving Place Capital, where Carpenter served as co-managing partner. This founding story highlights a continuity of expertise, as many key personnel from Irving Place Capital transitioned to Radial Equity Partners, bringing with them a decade-plus of collaborative experience. The firm operates with core values emphasizing integrity, teamwork, accountability, continuous improvement, stewardship, and transparency, aiming to consistently deliver value for all stakeholders.

Radial Equity Partners adopts a hands-on approach, acting as supportive partners to accelerate growth and enhance profitability within their portfolio companies. They are adept at identifying and executing add-on acquisitions to expand market reach and customer bases, focusing on creating long-term value through a consistent and repeatable strategy. Notable investments include companies like Thomas Precision, a provider of industrial processing application parts, Multi Parts, a designer and manufacturer of automotive and commercial vehicle aftermarket parts, and Plasticade, a leader in visibility products. The firm also successfully exited Alpha Packaging.

The Radial team comprises experienced professionals, including Managing Partner Phil Carpenter, Partners Joel Haney, David Knoch, Jim McDonough, and Keith Zadourian, and Principals Blake Austin and Bob Bode. The team's collective background includes extensive experience in private equity and investment banking, with individuals like Joel Haney having previously served as a Partner at Pegasus Capital Advisors. This deep industry knowledge and operational expertise are leveraged to help portfolio companies achieve sustainable equity value.