PE  Cardinal Equity Partners

http://www.cardvent.com





     Office Locations:

8801 River Crossing Blvd, Suite 320
Indianapolis, IN 46240
Phone: 317-663-0205
Fax: 317-663-0215

 

Stages:

  • Middle Market


 

Industries:

  • Business Services
  • Consumer Products & Services
  • Manufacturing & Industrial
  • Medical Device
  • Retail & Restaurant
  • Transportation & Distribution

  •  

    Description:

    Cardinal Equity Partners is a privately owned partnership that seeks to acquire lower-and middle-market businesses located in the central portion of the United States. The firm's desire is to acquire controlling interests in solid, positive cash-flow businesses that need additional resources or expertise to reach their potential. John Ackerman and Jim Smeltzer, along with John's father James Ackerman, founded Cardinal Ventures in 1993 with the proceeds from the sale of a cable television business established in the early 1970's. Cardinal Equity Partners seeks to invest $2 million to $10 million of equity capital in businesses with most or all of the following characteristics: headquartered within the Midwest; niche manufacturing, distribution, or service businesses; associated with products and/or services that are unlikely to be displaced by rapidly changing technology; annual sales between $5 and $50 million; and earning $1 million to $5 Million in EBITDA.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    James L. Smeltzer Founder and Managing Director
    John F. Ackerman Founder and Managing Director
    Peter Munson Managing Director

     

    Portfolio companies include:


      Aqua Systems
        web link


      Contour Industries
        web link


      ESSCO
        web link


      FURminator
        web link


      Guardian Pharmacy
        web link


      Motion Tech Automation
        web link


      Oak Security Group
        web link


      Prairie View Golf Club
        web link


      Williams Sound
        web link


     

    Recent News: