DFW Capital Partners

DFW Capital Partners is a private equity firm founded in 1983 and based in Teaneck, New Jersey, with additional offices in Chevy Chase, Maryland. The firm specializes in investing in lower middle-market companies, focusing primarily on service sectors such as healthcare, industrial support services, and outsourced business services. DFW Capital Partners has a proven track record of over 20 years in building successful companies and typically invests between $3 million and $75 million per transaction, targeting companies with revenues ranging from $20 million to $150 million. The firm prefers to take a controlling interest in management-led buyouts and recapitalizations, while also supporting add-on acquisitions. It does not invest in real estate, start-ups, or pure research and development firms. DFW Capital Partners aims to provide growth capital on either a minority or majority ownership basis and often collaborates with senior and subordinated debt sources to create comprehensive financing solutions for its portfolio companies.

Kurt Brykman

Operating Partner

Donald F. DeMuth

Founder and General Partner

Allen Finkelstein

Operating Partner

Keith W. Pennell

Managing Partner

Brett L. Prager

Partner

Louis Ray

Operating Partner

17 past transactions

Kept Companies

Acquisition in 2025
Kept Companies is the parent business of nine renowned facility maintenance brands. It is a single mobile washing business and has grown to provide a comprehensive suite of services.

Bart & Associates

Acquisition in 2024
Bart & Associates is an information technology company that provides software solutions.

Harris CPAs

Private Equity Round in 2024
Harris CPAs is a public accounting firm located in Meridian, Idaho, offering a range of services including audit and assurance, tax planning, compliance, business consulting, and accounting. The firm serves a diverse clientele across several industries, such as construction, non-profit organizations, real estate, engineering, manufacturing, retail, and financial services. By providing tailored solutions, Harris CPAs aims to meet the specific needs of its clients in these sectors.

FLEETWASH

Private Equity Round in 2023
FLEETWASH, Inc. is a provider of facility cleaning and vehicle washing services in the United States, established in 1973 and headquartered in Fairfield, New Jersey. The company specializes in mobile truck and fleet washing, catering to various sectors including transportation, retail, restaurants, and gas stations. Its comprehensive range of services includes fleet washing, building cleaning, hood cleaning, compactor cleaning, food handling, and refrigeration unit cleaning. FLEETWASH has adapted to the needs of the expanding transportation and distribution industry, particularly in the greater New York City area, where the demand for mobile services has been significant. The company has a strong focus on innovation and has developed specialized mobile cleaning units and water recovery systems to enhance its service offerings, ensuring clients maintain the cleanliness and functionality of their operations.

Risk Transfer Advisory (RTA) Group

Private Equity Round in 2023
We are an investment firm that invests in, deploys resources for and removes growth barriers with the entrepreneurs and teams we invest in. We deliver what matters through authentic connections and relentless accountability. It means that forming authentic human connections based on a strong foundation of mutual trust is where we begin. Once we’ve earned your trust, we are positioned to continuously understand what matters most and will deliver customized solutions that advance the mission of our partners (agency partners, clients, their colleagues and community). We believe that this isn’t an industry that should rest on the status quo. We are deeply committed to being indispensable to our partners. We will make quantifiable impact on your business bringing a purpose-driven, people-first approach to everything we do. Placing insurance is not why RTA exists, it’s a byproduct of more important work – transferring risk away from you and your employees so you can focus on growing your businesses. We are reimagining the employee benefits experience, the employee value proposition and we believe that the status quo in HR Outsourcing and Insurance Agencies has been set far too low.} We set the standard for relentless accountability.

Herspiegel Consulting

Private Equity Round in 2021
Herspiegel Consulting is a prominent consulting firm dedicated to the pharmaceutical and biotech sectors, focusing on enhancing business success throughout the new product planning, launch, and commercialization phases. The firm offers comprehensive, customized consulting services tailored to meet the specific needs of its clients, which include product planning, launch preparation, commercial strategy, marketing excellence, medical affairs, and market access strategy. By addressing critical business challenges and fostering innovative solutions, Herspiegel Consulting assists clients in maximizing the value of their brands and achieving their business objectives.

American Track Services

Private Equity Round in 2021
American Track is a railroad construction and maintenance company with roots in the railroad industry going back 160 years. From conceptual design to project completion, American Track is a rail contractor who has the expertise to get the job done. We pride ourselves on keeping up with the latest construction technologies. With advanced Computer Aided Drafting, GPS survey capabilities and computer-aided construction equipment American Track can maintain precision while maximizing productivity. Solving problems is our passion and we would be thrilled to help with all your rail needs.

IntelliSite

Private Equity Round in 2020
IntelliSite also has a complete line of edge computing solutions that can be deployed almost anywhere; our customers need edge Safety and Security, IoT, or Computer Vision. The IntelliSite Universal IoT Gateway brings edge compute, IoT integration, and Computer Vision together in a single rugged solution. The IntelliSite Universal IoT Gateway can be deployed in Safe Community, Illegal Dumping, Remote Monitoring, Automated Cross Walks, Cold Chain, Site Security, or anywhere else you need more than just a camera. The IntelliSite Universal IoT Gateway integrates with the IntelliSite line of IoT sensors across Environmental, Asset, and Power Management. IntelliSite also offers a complete suite of professional and managed services. IntelliSite’s Eyes On solution is backed by dedicated 24/7 staff that is trained to look for situations that need attention. The IntelliSite Eyes On service integrates industry-leading Computer Vision solutions to help to identify suspicious activity and alerts our staff to a potential threat or need. The IntelliSite remote monitoring staff can create trouble tickets, case files, and proactively engage local site support or law enforcement as required. IntelliSite is with you every step of the way.

VertexOne

Acquisition in 2019
VertexOne offers software solutions focused on customer billing, payment processing, and management for mid-market utilities across North America. The company specializes in enhancing customer experience through cloud-based technology, aimed at improving customer engagement and operational efficiency. By leveraging digital transformation and automation, VertexOne provides utilities and energy companies with tools for business process optimization and data analytics, ensuring robust and secure customer service capabilities.

Sev1Tech

Private Equity Round in 2019
Sev1Tech is an information technology company offering it, engineering, and program management support services. The company provides IT modernization, cybersecurity, cloud, engineering, fielding, training, and program support services for U.S. government agencies and major commercial organizations. It also focuses on corporate responsibility and excellence in service, both key components in its business and operating policies. Sev1Tech has supported critical missions for the Department of Defense, U.S. Air Force, U.S. Army, Department of Homeland Security, U.S. Coast Guard, Federal Emergency Management Agency, Department of Health and Human Services, U.S. Patent and Trademark Office, and many more. Sev1Tech was founded in 2010 and is headquartered in Woodbridge, Virginia, United State and has corporate offices in Aberdeen, Maryland; Eatontown, New Jersey, Colorado Springs, Colorado, and Denver Colorado.

Restoration and Recovery

Private Equity Round in 2018
Restoration and Recovery Services, LLC specializes in post-construction stormwater management, offering a comprehensive range of services including consulting, inspection, maintenance, and repair. Founded in 2001 and based in Durham, North Carolina, the company serves a diverse clientele that includes national retailers, logistics providers, engineering firms, hospitals, military and industrial facilities, real estate management companies, distribution centers, airports, universities, and both commercial and individual property owners. With a commitment to effective stormwater management, Restoration and Recovery is equipped to handle projects of varying sizes, ensuring compliance and sustainability for its clients across multiple sectors.

Resource Pro

Private Equity Round in 2018
Focused exclusively on the insurance industry, ReSource Pro is a trusted strategic operations partner to insurance organizations seeking growth and optimization. With more than 10,000 employees around the globe, ReSource Pro operates at the critical intersection of people, process, technology, and data to serve more than 1,800 clients across the carrier, broker, and MGA segments – consistently earning a +96% client retention rate for over a decade. It offers expert advisory services, workforce solutions, business process management optimization and transformative data and technology solutions. It was recognized in 2024 by Inc. 5000 as one of the fastest growing companies in the US and has earned this honor 15 times since 2009.

LRI Energy Solutions

Private Equity Round in 2016
LRI is a national energy services contracting firm that primarily serves the Energy Service Company (ESCo) community, providing state-of-the-art innovations in energy conservation, development and construction. Lighting Retrofit International, LLC provides turnkey energy services with meticulous attention to customer requirements and expectations while allowing the ESCo customer to minimize their involvement in individual energy conservation processes, meet contractual obligations and provide strong customer service. LRI specializes in teaming with the national ESCo community to assist them in winning competitive solicitations in various arenas including the Energy Savings Performance Contract (ESPC) market, Area Wide performance contracting, IDIQ's as well as private industry; which includes utilization of utility rebates and EPAC incentives. Lighting Retrofit International, LLC provides lighting and water building efficiency services to Government, institutional, and commercial customers. The company provides project management, lighting and maintenance savings analytics, and construction auditing and designing services. Lighting Retrofit International, LLC was incorporated in 2009 and is based in Gambrills, Maryland.

Meta Pharmaceutical Services

Debt Financing in 2010
Meta Pharmaceutical Services, a Blue Bell, PA-based provider of database management, statistical sales analytics and direct marketing services to pharmaceutical companies.
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