Cardinal Equity Partners
Founded in 1993, Cardinal Equity Partners is a private investment firm based in Indianapolis, Indiana. With over two decades of experience, the company focuses on acquiring controlling interests in middle-market businesses across various sectors, including consumer packaged goods, recreational vehicles, and healthcare services. As multi-family owners investing their own capital, they commit to long-term partnerships with management teams to build enduring, profitable businesses.
Top Stages
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Past deals in Indiana
Eagle Battery
Acquisition in 2017
Eagle Battery collects, purchases, and reprocesses used lead-acid batteries, including automotive batteries, wheel weights, soft lead batteries, and industrial or forklift batteries. It reconditions and sells reconditioned lead-acid batteries across North America, including Mexico and the Caribbean, serving both businesses and consumers. The company emphasizes environmentally safe recycling and thorough testing to maximize battery performance, enabling customers to buy and sell spent batteries efficiently. Founded in 2002 and based in Muncie, Indiana.
Advanced Physical Therapy
Venture Round in 2009
Advanced Physical Therapy is the largest privately held provider of outpatient allied health services in the state of Indiana, with 17 clinics and 150 employees. Locally owned and operated by a physical therapist, this company has steadily grown and developed since 1985. The cornerstone for success has always been exceptional people providing excellent care.
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