Search company, investor...

Predict your next investment

Private Equity
edgewaterfunds.com

Investments

86

Portfolio Exits

48

Funds

12

About Edgewater Funds

The Edgewater Funds is a private equity firm that provides capital and resources to middle-market companies to help accelerate their growth. It prefers to invest in the government services, consumer products, healthcare, information technology and software sectors. The company was founded in 2001 and is based in Chicago, Illinois.

Headquarters Location

900 N. Michigan Ave. Suite 1800

Chicago, Illinois, 60611,

United States

Want to inform investors similar to Edgewater Funds about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Latest Edgewater Funds News

08:32 ET P1 Service Group Enters 2023 with Strong Outlook Following Robust Growth in 2022

Jan 26, 2023

News provided by Share this article Share this article The industry-leading home service growth partner added over 270 team members and served more than 43,000 customers last year CHICAGO, Jan. 26, 2023 /PRNewswire/ -- P1 Service Group , an industry-leading growth partner that provides world-class resources to its home service partner companies across the country, added more than 270 new team members in 2022, helping to significantly bolster the capacity of its emergent family to serve more than 43,000 customers during the year. The company credits the commitment of its partner companies, along with its combined marketing and recruiting efforts, for its success in 2022 and anticipates strong progress to continue in the coming year. P1 Service Group added more than 270 team members and served more than 43,000 customers last year, and anticipates continued growth throughout 2023. "Our amazing growth this past year would not have been possible without the commitment of our partner companies to their teams and the people they serve," said P1 CEO Jeff Belk. "Our leadership has effectively identified the values we seek in partner companies and moved to quickly bring these companies into our family. These achievements show that when you put people first, your company can achieve its goals." In laying the foundation for their achievements in 2022, P1 Service Group partnered with three new companies in different markets across the country, expanded their industry expertise through the addition of six new leadership positions, and participated in its first business planning workshop with partner companies to build strategies for 2023. In addition, P1 Service Group invested in the communities they serve, donating $60,000 to charity and partaking in dozens of hours of community service. "Through a concerted effort to add subject matter experts to our leadership and consolidating marketing and recruiting resources for our partner companies, we have built the foundation for significant value creation," Belk said. "P1 is poised for significant growth in 2023, and we look forward to helping additional partner companies achieve their goals." For more information about P1 Service Group, please visit www.p1servicegroup.com . P1 Service Group is financially backed by River Sea Network and The Edgewater Funds . About P1 Service Group Founded in 2021, P1 Service Group is an industry-leading growth partner to home service companies across the country. P1 supports its residential HVAC, plumbing, and electrical partner companies with a 'people first' approach, providing resources in the areas of recruiting, marketing, finance, training, leadership, acquisitions, business strategy, call center management, equipment pricing and procurement, and more. P1 partners with home service companies in the range of $10 to $100 million in annual revenue that share in the belief of its mission. P1 believes growth and profits come as a result of satisfied and supported team members through a positive, thriving culture. For more information, please visit www.p1servicegroup.com . About River Sea Network River Sea Network , founded in 2020, is a private investment management firm located in New York City. Although it pursues other strategies, River Sea is currently investing committed capital in the residential heating & air conditioning industry. Following a transaction, River Sea provides capital investment, strategic advice, business consultation and human resources to help companies achieve their full potential. For more information, please visit www.riverseanetwork.com . About The Edgewater Funds The Edgewater Funds is a Chicago-based private equity firm with over $3.0 billion of capital commitments raised since 2001. Through Edgewater Growth Capital Partners, they partner with management to help accelerate growth in their businesses. They are a flexible partner and can execute control and non-control investments. Please contact [email protected] for any questions or information. MEDIA CONTACT:

Edgewater Funds Investments

86 Investments

Edgewater Funds has made 86 investments. Their latest investment was in Solgen Enterprises as part of their Private Equity on May 5, 2022.

CBI Logo

Edgewater Funds Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/26/2022

Private Equity

Solgen Enterprises

Yes

1

2/19/2021

Unattributed VC

Assurance Health System

$5.62M

Yes

1

12/17/2020

Private Equity

DataBank

Yes

1

10/10/2018

Unattributed VC - II

Subscribe to see more

$99M

Subscribe to see more

10

7/13/2018

Unattributed VC

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/26/2022

2/19/2021

12/17/2020

10/10/2018

7/13/2018

Round

Private Equity

Unattributed VC

Private Equity

Unattributed VC - II

Unattributed VC

Company

Solgen Enterprises

Assurance Health System

DataBank

Subscribe to see more

Subscribe to see more

Amount

$5.62M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

1

1

10

10

Edgewater Funds Portfolio Exits

48 Portfolio Exits

Edgewater Funds has 48 portfolio exits. Their latest portfolio exit was Industrial Service Solutions on December 16, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/16/2022

Acq - Fin - II

$99M

4

8/24/2022

Shareholder Liquidity

Homecare Holdings

$99M

1

7/13/2022

Shareholder Liquidity

Flow Control Holdings

$99M

1

6/23/2022

Acq - Fin

Subscribe to see more

$99M

Subscribe to see more

10

3/9/2022

Acquired - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/16/2022

8/24/2022

7/13/2022

6/23/2022

3/9/2022

Exit

Acq - Fin - II

Shareholder Liquidity

Shareholder Liquidity

Acq - Fin

Acquired - II

Companies

Homecare Holdings
Flow Control Holdings

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

4

1

1

10

10

Edgewater Funds Acquisitions

31 Acquisitions

Edgewater Funds acquired 31 companies. Their latest acquisition was Flex Pack on August 04, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/4/2022

$99M

Acq - Fin

1

7/12/2017

Debt

$99M

$0.68M

Acq - Fin

1

7/14/2016

Series A

$99M

$2.7M

Acquired

2

2/9/2015

Subscribe to see more

$99M

Subscribe to see more

10

11/26/2014

Subscribe to see more

$99M

Subscribe to see more

10

Date

8/4/2022

7/12/2017

7/14/2016

2/9/2015

11/26/2014

Investment Stage

Debt

Series A

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$0.68M

$2.7M

Note

Acq - Fin

Acq - Fin

Acquired

Subscribe to see more

Subscribe to see more

Sources

1

1

2

10

10

Edgewater Funds Fund History

12 Fund Histories

Edgewater Funds has 12 funds, including EGCP INVESTMENT PARTNERS V-A.

Closing Date

Fund

Fund Type

Status

Amount

Sources

11/12/2020

EGCP INVESTMENT PARTNERS V-A

$101M

1

2/5/2019

Edgewater Growth Capital Partners IV

Buyouts & Acquisitions

Closed

$1,344.12M

4

2/17/2017

EGCP IV LP

Diversified Private Equity

Closed

$20M

1

12/31/2011

Edgewater Growth Capital Partners III LP

Subscribe to see more

Subscribe to see more

$99M

10

6/17/2010

Edgewater Growth Equity Partners III LP

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

11/12/2020

2/5/2019

2/17/2017

12/31/2011

6/17/2010

Fund

EGCP INVESTMENT PARTNERS V-A

Edgewater Growth Capital Partners IV

EGCP IV LP

Edgewater Growth Capital Partners III LP

Edgewater Growth Equity Partners III LP

Fund Type

Buyouts & Acquisitions

Diversified Private Equity

Subscribe to see more

Subscribe to see more

Status

Closed

Closed

Subscribe to see more

Subscribe to see more

Amount

$101M

$1,344.12M

$20M

$99M

$99M

Sources

1

4

1

10

10

Edgewater Funds Team

2 Team Members

Edgewater Funds has 2 team members, including , .

Name

Work History

Title

Status

Jim Gordon

Founder

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Jim Gordon

Subscribe to see more

Work History

Title

Founder

Subscribe to see more

Status

Current

Subscribe to see more

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.