About Us
We are a private investment firm that partners with exceptional leaders to build enduring and meaningful companies. We are long term investors, focused on small and mid-sized businesses with a preference for recurring revenues, strong cashflows and substantial growth opportunities.
Our success is enabled by strongly aligned partnerships with select family offices and other permanent capital sources to form single-asset investment vehicles with flexible mandates and investment horizons to support each company’s unique opportunity.
We bring focus and experience to a limited set of opportunities and seek to accelerate growth, compound significant value over the course of our partnership, and bend the arc of what is possible.
Experienced
Over 60 years of founder experience in private equity investing and a track record of building exceptional businesses
Focused
Focus on a limited number of high-conviction investments to drive extraordinary outcomes
Patient
Building meaningful and enduring companies over unconstrained investment horizons
Tax-Advantaged
Differentiated focus on Qualified Small Business Stock (QSBS) investments
Aligned
Create aligned partnerships founded upon a shared vision and ambitious goals
Specialty manufacturing, distribution and business services
Scalable businesses with meaningful value creation opportunities
Recurring revenue business models
Asymmetric upside vs. downside
Capital efficient business with strong margin profile
Preference for QSBS investments
Aligned and ambitious management
Up to $10 million of EBITDA (with ability to go larger)
Criteria
Contact
EXI Investment Management LLC
Industry:
Regulatory Compliance Services
Date of Investment:
July 2020
Headquarters:
Greenville, SC
Website:
Global provider of subject matter experts assisting the medical device and pharmaceutical industries with qualification, auditing and compliance needs
Industry:
Consumable Medical Products
Date of Investment:
November 2020
Headquarters:
Rocky Mount, VA
Website:
Domestic manufacturer of high compression cold therapy wraps used in orthopedic, oncological, and other palliative applications
Industry:
Managed Waste Services
Date of Investment:
March 2022
Headquarters:
Anaheim, CA
Website:
Vertically integrated provider of managed waste services helping customers achieve zero landfill, ESG, and waste reduction goals
Provider of the highest quality natural limestone from its 10 company-owned quarries to serve the residential, commercial and institutional markets
Investments
Prior to co-founding EXI, Jon was a Managing Director at Parallel49 Equity, where he led numerous portfolio companies across institutional funds. Jon’s investments during his 18-years with Parallel49 include: CPI Card Group (NASDAQ: PMTS), Kinetrex Energy, and Questco among others. Previously, he was an investment banker at Robert W. Baird.
A native of Kentucky, Jon is a graduate of both Harvard Business School (MBA) and University of Dayton (BS, high honors). Jon is the past President of the Chicago Association of Private Equity Executives (Capex).
Nick began his private equity investing career with Parallel49 Equity in 2002, prior to co-founding EXI with Jon and Jack. Throughout his investing career, Nick has led several highly successful portfolio company investments including: Questco, CPI Card Group (NASDAQ: PMTS), Certified Recycling, among others.
Earlier in his career, Nick was a Senior Manager at Arthur Andersen, where he advised private equity firms and Fortune 500 companies in transaction structuring, due diligence and execution. Nick is a graduate of University of Dayton (BS), and is a Certified Public Accountant (inactive).
Jack’s private investment experience spans 17 years, including Parallel49 Equity, where he was a Managing Director and participated in the deployment and harvesting of three institutional-based private equity funds. In addition to co-founding EXI in 2020, Jack has either led or co-led multiple successful investments including: Road Safety Services, Kinetrex Energy, and Certified Recycling, among others. Prior to Parallel49 Equity, Jack was an attorney with Winston & Strawn LLP where he concentrated his practice on private equity transactions.
Jack is a native of suburban Chicago. He holds degrees from Emory University’s Goizueta Business School (MBA), Loyola University Chicago School of Law (JD) and University of Michigan (BS).
Our Team
Our three founders have over 60 years of direct, private equity investing experience and have worked together since 2007
