As a boutique investment firm, Pine Grove Holdings engages privately held company owners and financial institutions in transacting fairly-valued and uncomplicated exits.

Unlike most private equity firms, Pine Grove Holdings invests for the long term and does not have a specific holding term and exit multiple to sell the investment. That’s why having open communications and building relationships with the seller is key to a seamless transition and creation of value.

Pine Grove Holdings invests for the long term and does not have specific exit value and holding criteria, unlike most private equity firms. Having open communications and building relationships with the seller is key to a seamless transition.

Pine Grove Holdings has delivered on average 3.3x return on capital;~ $70M Enterprise Value of all investments

Our specialty is highly-engineered products and services  for a diversified customer base.

We institute financial stability first, then leadership team reassurance, best in class processes and discipline; and where helpful, minority woman owned designation
— truly niche!

Advisory

We provide advisory services and in most cases, co-invest with several world class investment banks, private equity firms and privately held companies.

In particular, we invest, never owning more than 51%, as a limited or general partner as part of a larger fund while also consulting the fund on individual investments. Alternatively, we may assist a financial institution in operating an asset until maximum value or timing is achieved.

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Investment

We invest in businesses for both recapitalization and growth. We strive to have full control and own100% of the business. Our thoughtful approach and uncomplicated methodology comes from over 25-years of global operating experience.

We are customer, employee, and environmentally aware. With an engineering-first focused ideology combined with end-market knowledge, we provide our customers with bespoke design engineering, hard-to-do manufacturing and technical service solutions.

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Primary Investment End Markets

Hover Over Icons to Reveal Information

c

SAAS

Software as a service is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted.

Advanced
Materials

Specifically engineered materials to exhibit novel or enhanced properties that confer superior performance.

Speciality Logisitics + Transportation

Ensuring high level, tailored, and coordinated goods movement from origin to end user.

Power
Generation

The process of producing electric energy by transforming other forms of energy into electrical energy.

b

d

a

Strategic Partner with an Impressive Network

We are a privately held investment firm, founded in Chicago, IL, founded in 2011 by Nelda J. Connors.

After a successful career managing businesses for some of the world’s leading global industrial corporations, Nelda wanted to have direct impact on privately held small-to-mid-sized companies. With the aspiration of leveraging her business network and sharing vast financial and operating experience, she transitioned into becoming an independent investor.

Being one of the few minority and woman-owned investment firms in the U.S., we have established ourselves as a proven investor and operator which has contributed to the strength of our brand.

Each investment is financially structured based upon the individual portfolio company requirements while balancing growth and risk. We provide equity to each investment and maintain a majority control position which allows for minority and woman-owned designations.

1

Deal Flow

  • We rarely participate
    in competitive business broker auctions.
  • Rather, we have developed a reputation through our network where proprietary or bank-owned deals are introduced directly.

2

Target
Identification

  • We usually invest in one of the four end markets: SAAS, Power Generation, Speciality Logistics and Transportation, Advance Materials.
  • While turn-arounds are the preference, privately owned businesses without the potential of legacy or employee buy-out are also our focus.
  • When the opportunity is not one of the four focus end-markets, we may figure out another way to engage and be helpful.

3

Strategic
Analysis

  • We assemble a team of legal, financial, sales, and operations to evaluate the companies and their potential for investment.
  • While ability to grow the company is one of the criteria the team looks for, the ability to create repetitive and sustainable cash flow overtime is a more critical criterion.

4

Financial Negotiations

  • We strategically bid a range for our investment opportunities to allow for a more thorough discussion and understanding of the business and flexibility in deal structure and financial funding.

5

Closing Confidence

  • We have closed at least one deal a year since our first acquisition in 2013.
  • We pride ourselves on giving each company the attention required to ensure that desired performance can be achieved.
  • The initial deal structure is key to success as we work toward a quick close to minimize deal fatigue.

Our Portfolio

All of our portfolio companies had a unique exit and/or investment situation. Their challenges varied from being bank-owned, lack of a family succession plan, too small to be managed by private equity, and/or lacking future investment and exit strategy.

We have nearly seen it all. And we are ready to be challenged by more.

Our non-traditional way of ownership is very hands-on. Working with the existing management, we become a member of the team. Our value is in accessing a deep network of professionals to help stabilize the business and introduce financial, operational and sales best practices.

2013

Power
Generation

b

2017

Power
Generation

b

2019


SAAS

c

2019

Power
Generation

b

2019

Specialty Logistics
+ Transportation

d

2020


Advanced Materials

a

2020

SAAS

c

2020

Specialty Logistics
+ Transporation

d

2021


SAAS

c

2021

SAAS

c

Meet The Team

Nelda

Founder and CEO
Nelda@pinegroveholdings.com

Pablo

Financial Analyst
Pablo@pinegroveholdings.com

Pablo is an industrial engineer with an MBA by education, has supported Pine Grove Holdings both on the buy side and the sell side transactions through financial modeling and business due-diligence.

Alfred

Strategic Counsel
Alfred@pinegroveholdings.com

Utilizing general legal principles along with a pragmatic business approach is a unique skill set that Alfred used for over 25 years as both principal, advisor and legal counselor. He serves as advisor to Pine Grove Holdings to deliver the ideal acquisition structure, and terms and conditions.

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