Portfolio

The businesses we own and build with their teams.

We work alongside management teams to build on each company's strengths, with an approach tailored to its needs and opportunities.

Spark Harbor

Youth enrichment franchising

Spark Harbor brings together franchised brands that help children learn, move, and grow. Each brand keeps its own identity; the platform provides shared marketing and finance functions and platform-level executive leadership, so each brand can draw on resources that would be hard to build alone.

Water Babies swim lesson
Water Babies

Water Babies

Baby and toddler swim education

The largest baby and toddler swim school in the world, teaching tens of thousands of children a year through franchised territories in the UK, Ireland, Canada, the Netherlands, China, and the United States, where the first franchise opened in Raleigh in 2026.

BasedDevon, EnglandFounded2002Invested2024
waterbabies.co.uk →
A young athlete climbing at USA Ninja Challenge
USA Ninja Challenge

USA Ninja Challenge

Youth fitness franchise

Obstacle, parkour, and functional training that builds strength, confidence, and character in kids ages 4 to 17, delivered through franchised gyms across the country.

BasedConcord, New HampshireFounded2015Invested2025
usaninjachallenge.com →
A young musician at a drum kit
Bach to Rock

Bach to Rock

Music education franchise

A modern music school teaching music to students of all ages through private lessons, bands and ensembles, camps, and live performance.

BasedBethesda, MarylandFounded2007Invested2026
bachtorock.com →

Elmsley Keystone

Custom display and metal fabrication

Elmsley Keystone is a family of custom display and metal fabrication businesses serving retail, consumer brands, and industrial customers, led by operators with decades of experience and managed with a long-term view.

Reviewing a production drawing at Keystone Display
Keystone Display

Keystone Display

Custom retail and point-of-purchase displays

Designs, engineers, and manufactures custom retail and POP displays with in-house design, engineering, and production. Customers include Bosch, Sherwin-Williams, Mars Wrigley, and Irwin Tools.

BasedHebron, IllinoisFounded1930Invested2019
keystonedisplay.com →
Laser cutting at Hunter Displays
Hunter Displays

Hunter Displays

Custom metal point-of-purchase displays

Designs, manufactures, and distributes metal POP displays in the USA, from concept and prototyping through wire forming, welding, powder coating, and fulfillment, for more than 70 years.

BasedEast Patchogue, New YorkFounded1951Invested2025
hunterdisplays.com →
Welding at Bridge Metal Industries
Bridge Metal Industries

Bridge Metal Industries

Custom metal fabrication and display lighting

Full-service metal fabrication, including stamping, laser cutting, welding, powder coating, and CNC machining, for custom components, fixtures, and display lighting.

BasedMount Vernon, New YorkFounded1945Invested2022
bridgemetal.com →

Lightbridge Academy

Early childhood education franchising
Children reading together at Lightbridge Academy
Lightbridge Academy

Educational child care for children from six weeks through kindergarten, delivered through franchised and company-operated centers across the Northeast and beyond, with a curriculum built around the whole family.

BasedIselin, New JerseyFounded1997Invested2021
lightbridgeacademy.com →

Schmidt Industrial Services

Industrial fabrication and services
Fabrication at Schmidt Industrial Services
Schmidt Industrial Services

ASME Code pressure vessels, welding and fabrication, machining, and industrial maintenance for refinery, water, and food processing customers in the Delaware Valley.

BasedChester, PennsylvaniaFounded1948Invested2024
wasinc.com →

Have a company that belongs here?

We are actively looking for add-ons as well as new platform investments.

Investment criteria →