Argosy Private Equity

Check out our latest Insights where Argosy’s Logan Snyder discusses what good Daily Management looks like and how it can transform an organization’s performance and culture. Read the full article here: https://lnkd.in/exjgFUAY #argosyprivateequity #argosyinsights #dailymanagement #KATACycle

Argosy Private Equity is pleased to announce we have been named the 2024 SBIC of the Year – Established Manager from the U.S. Small Business Administration (SBA). We are humbled by this prestigious recognition, which adds to our success in 2010 when we received the same honor. Read the full release here: https://lnkd.in/dT7e-94N #ArgosyPE #SmallBusinessInvestmentCompany #EstablishedManager We are excited to be a National #SmallBusinessWeek winner and to celebrate small business owners all across the country! Learn more about National Small Business Week, April 28-May 4, 2024 here: www.sba.gov/nsbw Note: This award is the opinion of the party conferring the award and not of Argosy. The SBIC of the Year award was administered by the SBA’s Office of Investment and Innovation and issued on March 7, 2024. Argosy submitted a nomination, which was based on activity as of December 7, 2023. There can be no assurance that other providers or surveys would reach the same conclusion as the foregoing.

Argosy Private Equity links up with Federal Rent A Fence in its latest acquisition. Federal Rent-A-Fence is a temporary chain link fence rental business providing services to construction sites and events. Founded in 1993 by Sue and Rob Orthey and headquartered in West Berlin, NJ, the Company has established 15 branches across the East Coast and Midwest. Federal’s product offerings include post-driven and panels of chain-link fencing, gate frames, windscreen and other site prep accessories. We are excited to partner with the Federal Team team! Read the full release here: https://lnkd.in/eQRTggiF #argosype #privateequity #lowermiddlemarket

Check out our latest Insights where Argosy’s Lane Wiggers joined Jeff Bause, CEO of portfolio company, Groome Industrial Service Group, to share their thoughts on Navigating the Path of Integration: Merging Two Companies with Purpose and Respect. Read the full article here: https://lnkd.in/eRQuNCrz #argosyprivateequity #argosyinsights #integration #acquisitions

We are pleased to announce that Groome Industrial Service Group, a portfolio company of Argosy Private Equity has completed the acquisition of W-S Companies. Founded in 1993 and headquartered in Council Bluffs, Iowa, W-S Companies and its subsidiaries provide industrial cleaning and maintenance services through eight associated entities and operates out of 15 facilities. We are excited for W-S to join the Groome Team! Read the full release here: https://lnkd.in/eDfCvmJp #argosype #privateequity #lowermiddlemarket

Please join us in welcoming Logan Snyder to the Argosy Private Equity Team! Logan recently joined us as an Analyst on our Operating Partner team. In his role, he will collaborate closely with Argosy's investment team and portfolio company management. His focus will be on driving business enhancements, fostering value creation, and contributing to professionalization through Argosy’s innovative VAM™ (Value Acceleration Methodology) system. We are thrilled to have Logan on board at Argosy! Read the full announcement here: https://lnkd.in/eq5vN6UD #argosype #lowermiddlemarket #team #wearegrowing

Please join us in welcoming Seth Wilson to the Argosy Private Equity Team!   Seth joins as a Partner and brings over 25 years of middle market buyout experience to the firm. Seth has spent the majority of his career specifically focused on the Transportation & Logistics (“T&L”) industry and has served on the boards of 18 T&L companies. Transportation & Logistics is an industry in which Argosy has successfully invested in the past and we are excited that Seth will be helping us increase our expertise in this attractive niche.  We look forward to having Seth as part of the Argosy Team! Read the full announcement here: https://lnkd.in/dHb4Gwrn

Argosy Private Equity is thrilled to have been named one of the Top 50 PE Firms in the Middle Market by Grady Campbell Incorporated for the third consecutive year.   According to GCI, their award program is one of the oldest and most respected programs designed specifically to acknowledge and promote small and mid-sized leading private equity firms that have an exceptional track-record and reputation. Read the full list here: https://lnkd.in/gajYNTGm #argosype #top50 #lowermiddlemarket #awards This award is the opinion of the party conferring the award and not of Argosy. The Top 50 PE Firms in the Middle Market award, issued by GCI Publishing on 1/30/2024, was based on 2023 activity. Argosy submitted a nomination, and once selected, paid a nominal amount to GCI in connection with using the award logo. There can be no assurance that other providers or surveys would reach the same conclusion as the foregoing.

Argosy Private Equity is pleased to announce the promotion of David Young to Vice President. Dave joined the Argosy Private Equity team in 2020 and is responsible for the development and assessment of investment opportunities, investment underwriting and execution, and portfolio monitoring. Prior to joining Argosy, Dave was an Associate in the Leveraged Finance Group of MidCap Financial. Please join us in congratulating Dave in acknowledgement of his outstanding contributions to the continued growth of Argosy Private Equity. #argosype #team #promotion

To say 2023 was an interesting year in the private equity industry would be a gross understatement. An uncertain macro environment, an active Federal Reserve battling inflation, and broad dislocation in the credit markets, on the heels of rising interest rates and high-profile bank failures, created a challenging climate for M&A in the lower middle market. Across the market, these conditions made getting deals done very difficult which resulted in lower transaction volumes and wide variability in valuation expectations and multiples versus 2022. But, after more than 30 years focused on the lower middle market, we at Argosy Private Equity understand that when challenges are presented, opportunity is often not far behind. Despite the challenging market, we took Jimmy Dean’s sage advice and “adjusted our sails,” adapting to the market headwinds to find opportunity to grow as a firm, support our portfolio companies and deploy capital in new platform and add-on transactions. While the year was not without its challenges, we are proud of our team’s efforts in 2023 which resulted in Argosy successfully closing on six new platform investments and five add-on acquisitions during the year, continuing to invest in our portfolio through the implementation of our VAM™ playbook (Argosy’s Value Acceleration Methodology) with our existing portfolio companies, and working alongside our management teams to execute their strategic and value creation plans. In 2023, one of the most impactful achievements was investing in talent. We added five new team members across the investment team, operating team, and our finance team. With 29 professionals, we feel like the team is the strongest it has ever been and we are looking forward to what we can accomplish together! Because of our team, the management teams we partner with, and our business partners, we were able to see our efforts come to fruition by receiving three industry awards. With 2023 behind us, we would like to express our deepest gratitude for the support and trust from everyone we partnered with throughout the year. As we enter into 2024, we look forward to continuing our partnerships and an exciting year ahead! Read our full 2023 Year in Review here: https://lnkd.in/g5jCDn7V #argosype #YearInReview2023 #partnerships