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Private Equity
onwardcapllc.com

Investments

1

Portfolio Exits

1

About Onward Capital

Onward Capital is a private equity firm focused on investing in and growing lower middle-market industrial businesses. Onward partners with management teams to build value through operational improvements, professional management practices, and access to external relationships and growth capital. Onward invests in partnership with family offices, mezzanine funds, equity funds, industry executives, and high net-worth individuals.

Headquarters Location

525 West Monroe Suite 22109

Chicago, Illinois, 60061,

United States

312-577-8018

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Latest Onward Capital News

Thompson Street Capital Partners Announces the Sale of Domaille Engineering to American Industrial Partners

Dec 3, 2021

Thompson Street Capital Partners Announces the Sale of Domaille Engineering to American Industrial Partners ST. LOUIS (December 3, 2021) – Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, in partnership with Onward Capital, a Chicago-based private equity firm, announced today the sale of its ownership stake in Domaille Engineering (Domaille) to ADDMAN Engineering. ADDMAN is a portfolio company of American Industrial Partners, a New York-based private equity firm. Domaille was advised in the transaction by Lincoln International. Terms of the transaction were not disclosed. Domaille is a provider of industry-leading polishing machines and fixtures, inspection equipment and associated engineered products for the rapidly growing fiber-optic cable market. The Company also engineers and manufactures complex, mission-critical products for the defense, aerospace, national security, telecommunications, energy and medical sectors. During its ownership of Domaille, TSCP supported the Company’s growth by investing in sales and marketing strategies, strengthening the executive management team, increasing operational efficiencies, and executing several strategic acquisitions including Maryland-based Stanley Engineering and Missouri-based TECH Manufacturing. Harry Holiday, Managing Director at TSCP, said, “Throughout our partnership with Domaille, we accelerated revenue growth and executed on a number of strategic initiatives. We are confident the Company is well positioned for continued growth with American Industrial Partners.” ###

Onward Capital Investments

1 Investments

Onward Capital has made 1 investments. Their latest investment was in Century Drill & Tool as part of their Other Investors on .

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Onward Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

Other Investors

Century Drill & Tool

Yes

Date

Round

Other Investors

Company

Century Drill & Tool

Amount

New?

Yes

Co-Investors

Sources

Onward Capital Portfolio Exits

1 Portfolio Exit

Onward Capital has 1 portfolio exit. Their latest portfolio exit was Domaille Engineering on December 01, 2021.

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

12/1/2021

Acquired

$99M

1

Date

12/1/2021

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

Onward Capital Acquisitions

3 Acquisitions

Onward Capital acquired 3 companies. Their latest acquisition was Stanley Engineering on February 08, 2019.

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

2/8/2019

$99M

Acq - Fin

1

10/2/2018

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$99M

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10

12/7/2016

Other Venture Capital

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$99M

$99M

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10

Date

2/8/2019

10/2/2018

12/7/2016

Investment Stage

Other Venture Capital

Companies

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Valuation

$99M

$99M

$99M

Total Funding

$99M

Note

Acq - Fin

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Sources

1

10

10

Onward Capital Team

2 Team Members

Onward Capital has 2 team members, including current Founding Partner, Laura Lester.

Name

Work History

Title

Status

Laura Lester

CHS Capital, and Lehman Brothers

Founding Partner

Current

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Name

Laura Lester

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Work History

CHS Capital, and Lehman Brothers

Title

Founding Partner

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Status

Current

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