Private Equity Firms in Baltimore

Ecosystem Investment Partners (EIP) is a private equity firm dedicated to environmental impact through market-based conservation solutions. Founded with the mission of aligning ecological preservation with financial returns, EIP develops and manages large-scale ecological restoration projects across the United States. The firm partners with public and private stakeholders to implement nature-based solutions that address water quality, biodiversity, and habitat restoration. EIP specializes in mitigation banking, habitat restoration, and conservation finance, offering investors access to a unique asset class rooted in sustainability and long-term value creation. The firm’s approach combines ecological science with financial expertise to structure projects that generate measurable environmental benefits alongside competitive returns. By leveraging regulatory-driven demand for ecosystem services, EIP provides scalable solutions that benefit both nature and investors. With a seasoned team of scientists, engineers, and investment professionals, Ecosystem Investment Partners continues to expand its portfolio of projects that restore and preserve thousands of acres of critical ecosystems. From wetlands and streams to endangered species habitats, EIP’s projects have restored over 45,000 acres of land to date, reinforcing its position as a leader in conservation-based investment strategies.

JMI Equity is a growth equity firm that partners with leading software companies. Founded in 1992, JMI has invested in over 190 businesses, including more than 100 cloud investments, and has completed over 120 exits. The firm's portfolio companies collectively generate $10 billion in revenue and represent $80 billion in enterprise value, employing over 36,000 people. With offices in Baltimore, San Diego, and Washington, D.C., JMI Equity provides flexible capital, strategic guidance, and operational support to help companies scale and build lasting value. The firm typically invests between $25 million and $250 million in companies with proven business models, high recurring revenue, and long-term growth potential. JMI Equity focuses on sectors such as cloud computing, energy, utilities, real estate, education, finance, insurance, legal, government, digital health, and information technology, primarily targeting companies in North America and Europe.

Lullwater & Co. is a next-generation private investment firm that partners with exceptional entrepreneurs and companies, focusing on entrepreneurship through acquisition (ETA) and assisting business owners in confidently transitioning their enterprises to future leaders. The firm operates with a philosophy of "Operators Serving Operators," aiming to build enduring partnerships and unlock the full potential of family-owned businesses. They seek companies with $1-5 million in profits, recurring revenue, high-profit margins, sustainable competitive advantages, and strong teams, leveraging technology to create value beyond just capital investment.The firm was founded in 2020 by Keith Burns and Michael Curry, who serve as Co-Chairmen and Co-CEOs. Both are Atlanta, Georgia natives who met at Emory University over two decades ago. Their diverse professional backgrounds, with Keith as a corporate attorney and investment banker and Michael as a CEO of various companies including Apex Physics Partners, inform their operator-centric investment approach. They launched Lullwater & Co. to embody their philosophy of investing from an operator's mentality, driven by a commitment to creating equity value and fostering entrepreneurial growth, particularly for underrepresented operators.Lullwater & Co. has made several notable acquisitions, demonstrating its focus across various sectors. Their portfolio includes companies such as Radon Medical Imaging (June 2023), Inspire Horizons (January 2023), B2B Reviews (June 2022), PalCare (June 2021), AQC Traffic Control (June 2021), Mosquito Shield (February 2021), and Destroy Drive Onsite Data Destruction. Co-CEO Michael Curry also leads Apex Physics Partners, a significant medical physics services company in the United States, further highlighting the team's operational expertise in the healthcare sector.The leadership team, comprising Keith Burns and Michael Curry, brings extensive experience in investment banking, law, and operational leadership. Keith Burns, an alumnus of Emory and Columbia Universities, previously worked at Goldman, Sachs & Co. and as a corporate attorney. Michael Curry, a graduate of Emory University and the University of Chicago Booth School of Business, has a background in leading and founding companies. Their combined expertise and operator-first mentality enable Lullwater & Co. to provide strategic guidance and support to their portfolio companies, fostering long-term growth and success.