Rotunda Capital Partners

Rotunda Capital Partners is a private equity firm based in Bethesda, Maryland, established in 2009. The firm specializes in investing equity capital in established, lower middle market companies, focusing on sectors such as value-added distribution, asset light logistics, and industrial and business services. Rotunda collaborates closely with management teams to develop data-driven growth strategies and enhance operational performance. With a commitment to fostering growth, the firm leverages its extensive industry knowledge and financial relationships to support the successful execution of strategic plans for its portfolio companies.

Ryan Aprill

Managing Director

Rohit Dhake

Principal

John Fruehwirth

Managing Partner

Ellen Kim

Operating Partner

Bob Wickham

Managing Partner

Wickham, Robert

Managing Partner

Alex Lavery

Associate

Corey Whisner

Managing Partner

Cara Hauan

Vice President

23 past transactions

Capital Machine Technologies, Inc.

Private Equity Round in 2025
Capital Machine Technologies is a machinery company providing metal fabrication equipment.

AirPro Diagnostics

Acquisition in 2025
AirPro Diagnostics is a provider of vehicle diagnostics and calibration solutions for the collision repair industry. The company' company's goal is to provide reliable, efficient and accurate remote scanning, diagnostic and calibration solutions utilizing properly licensed OEM software that meet the quality and safety standards.

RMH Systems

Private Equity Round in 2025
RMH Systems is a distributor of material handling equipment, industrial scales, and service and packaging supplies. They are dedicated to providing value to their customers by providing best-in-class products, services, and experiences to assist them in implementing end-to-end solutions.

Value Added Distributors

Private Equity Round in 2025
Value Added Distributors is a supplier of applied technology and value-added service.

Lehman Pipe & Plumbing Supply

Venture Round in 2024
Lehman Pipe & Plumbing Supply renders PVF products that include valves, strainers, gaskets, gas piping, fire protection systems and tools.

Door Pro America

Private Equity Round in 2023
Door Pro America is a company specializing in the sales and installation of residential and garage doors. It operates primarily in the residential sector, offering a range of services that include the sale, installation, and repair of garage doors. By focusing on customer needs, Door Pro America provides tailored solutions to ensure that homeowners have access to reliable and efficient door services.

Bron Tapes

Acquisition in 2023
Bron Tapes is a business supplies company that specializes in the manufacturing of pressure-sensitive tapes and adhesives. Catering to various industries, including aerospace, defense, building products, medical, and transportation, Bron Tapes provides a diverse range of products. Their offerings include foil tapes, cloth tapes, carton sealing tapes, masking tapes, high-temperature film fabrics, and polyethylene tapes. These products are designed to meet specific needs, featuring attributes such as conformability, hand-tearability, and low-tack properties, thereby ensuring suitability for a variety of applications.

U.S. Waterproofing

Private Equity Round in 2022
U.S. Waterproofing specializes in basement waterproofing and foundation repair services for both residential and commercial clients. The company provides a range of solutions including sump pump installation, concrete raising, downspout replacement, gutter cleaning, crawl space encapsulation, window well solutions, and structural foundation repair. U.S. Waterproofing aims to educate homeowners about potential issues and emphasizes the importance of preventative measures to avoid future problems. Many of their services come with lifetime warranties, ensuring long-term customer satisfaction and peace of mind.

Siegel Egg

Acquisition in 2022
Siegel Egg Co is a wholesale distributor specializing in bakery ingredients and various food products. The company serves a diverse clientele, including local bakeries, restaurants, hotels, supermarkets, and large-scale bakeries across New England and New York. Siegel Egg Co offers a wide range of products, such as eggs, butter, cheese, sweeteners, and yeast, ensuring that clients receive next-day service at competitive prices. This commitment to timely delivery and quality products supports the operational needs of its customers in the food industry.

Refrigeration Sales Corp

Acquisition in 2021
Refrigeration Sales Corporation is a fourth-generation family-owned wholesale distributor of heating, ventilation, air conditioning, and refrigeration equipment. RSC today is still primarily a wholesaler, but it defines its mission as much more than just providing the right inventory at wholesale prices. As WholeServer, all of us are focused on the very best service delivered with the highest efficiencies for the benefit of customers, employees, and stockholders.

Storm Smart

Acquisition in 2021
Storm Smart is a leading manufacturer and direct-to-consumer provider of storm protection products, primarily serving homeowners and businesses in Florida, Mexico, and the Caribbean. The company specializes in a diverse array of hurricane protection solutions, including storm catcher screens, impact-resistant windows, aluminum shutters, and storm panels. With a focus on impeccable service, industry-leading products, and expert installations, Storm Smart is dedicated to providing high-quality protection against severe weather. Its specialized team of professionals ensures that customers receive tailored solutions to meet their specific needs.

Trinity3 Technology

Acquisition in 2019
Trinity3 Technology is wholly immersed in serving the technology needs of the education market.

MacQueen Emergency

Acquisition in 2018
MacQueen Emergency is a distributor of high-quality emergency products, specializing in equipment for municipalities, fire departments, and commercial customers. Founded in 1961 and headquartered in St. Paul, Minnesota, the company sells a variety of vehicles, including Elgin street sweepers, Vactor trucks, Pierce fire trucks, Oshkosh snow removal equipment, and Heil refuse trucks. With five locations across St. Paul and Apple Valley, Minnesota; Menomonee Falls, Wisconsin; Ankeny, Iowa; and Lincoln, Nebraska, MacQueen Emergency also provides a comprehensive range of parts and services to support its products.

StreetShares

Series B in 2018
StreetShares, Inc. operates a peer-to-peer small business lending marketplace that connects small business owners with retail and institutional investors. Founded in 2014 and based in Reston, Virginia, the company provides a lending-as-a-service platform that enables community banks and credit unions to offer small business loans efficiently. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. The platform supports financial institutions in delivering loans with a streamlined, digital experience, featuring rapid underwriting processes. StreetShares has gained recognition for its innovative approach in the financial technology sector, facilitating greater access to capital for small businesses.

StreetShares

Series B in 2018
StreetShares, Inc. operates a peer-to-peer small business lending marketplace that connects small business owners with retail and institutional investors. Founded in 2014 and based in Reston, Virginia, the company provides a lending-as-a-service platform that enables community banks and credit unions to offer small business loans efficiently. Its product offerings include term loans, business bonds, and both secured and unsecured small business loans. The platform supports financial institutions in delivering loans with a streamlined, digital experience, featuring rapid underwriting processes. StreetShares has gained recognition for its innovative approach in the financial technology sector, facilitating greater access to capital for small businesses.

Indianapolis Fruit Company

Acquisition in 2017
Indianapolis Fruit Company Inc., founded in 1947 and based in Indianapolis, Indiana, is a prominent distributor of fruits, vegetables, and other essential produce items primarily serving grocers and retailers in the Midwestern United States. The company provides a wide range of products, including fresh and packaged fruits and vegetables, organic options, specialty items, and various prepared food items such as dressings, dips, and salads. With a fleet of over 340 refrigerated trucks and a network of five facilities totaling more than 225,000 square feet of warehouse space, Indianapolis Fruit Company ensures efficient distribution and adherence to food safety standards. As a subsidiary of IF & P Foods, Inc., which was formed through the merger of Indianapolis Fruit and Piazza Produce, the company leverages over 75 years of experience to meet the needs of the grocery and foodservice industries.

Microf

Venture Round in 2015
Microf LLC, founded in 2010 and based in Albany, Georgia, specializes in lease purchase financing solutions for residential heating, ventilation, and air conditioning (HVAC) systems. The company operates through a network of dealers across the United States, offering rental purchase financing options tailored to meet the diverse needs of consumers. Microf's innovative rent-to-own strategy emphasizes flexibility, featuring limited declinations, rapid response times, and a variety of payment options and contract terms. This approach addresses the increasing demand for accessible financing alternatives in the HVAC replacement market, allowing consumers to benefit from convenient and affordable solutions for their residential climate control needs.

Munch's Supply

Acquisition in 2015
Munch’s Supply is a third generation family business operating six branches in the Chicago and NW Indiana markets. We distribute from over three hundred fifty thousand square feet of warehouse space and have over forty trucks supplying area contractors.

Amware Fulfillment

Venture Round in 2014
Amware Fulfillment is a third-party logistics company that specializes in providing a range of logistics solutions tailored to meet the needs of established businesses. Operating domestic warehouses across the United States and in Toronto, Canada, Amware offers services such as warehousing, transportation, order fulfillment for both business-to-business and business-to-consumer channels, and call center support. The company is equipped to handle various industries, featuring specialized facilities that cater to food grade, hazardous materials, and pharmaceutical storage requirements. By focusing on customer-centric and quality-driven logistics solutions, Amware Fulfillment enables clients to efficiently meet their distribution needs while maintaining cost-effectiveness.

Discount Ramps

Private Equity Round in 2014
Discount Ramps is an online retailer of loading, hauling and transportation products. Offering more than 11,000 products, the company primarily services the powersport, medical, recreational, commercial, transportation, military and industrial markets. Discount Ramps offers many well-known brands, including Rage Powersports, Black Widow, Big Boy, Kill Shot and Summit. Discount Ramps has been recognized by Internet Retailer as one of the top 500 revenue grossing sites in the U.S. for the last five years and has also been recognized as one of Milwaukee’s fastest-growing firms by the Milwaukee Business Journal

Rubicon

Series A in 2012
Rubicon is a digital marketplace for waste and recycling. They provide innovative software-based products for businesses and governments. They focus on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.
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