Backing profitable businesses with patient, flexible capital

About

Founded in 2024, Pennington Creek Capital is a private capital investment firm focused on both control acquisitions of lower middle-market companies and non-control, structured equity investments. With access to permanent capital, we are uniquely positioned to invest flexibly and without the pressures or constraints of typical fund life cycles. Our investment mandate provides stability for the employees, customers, and executives with whom we partner.

We strive to be a compelling alternative to institutional private equity firms by

Offering a flexible hold-period for the businesses we acquire

Acting as a true partner to management teams

Driving meaningful value-creation without undue interference

Pennington Creek’s capital partner is the Chickasaw Nation, a proud and accomplished Native American nation based in Ada, Oklahoma, with tribal lands in south-central Oklahoma and over 80,000 citizens. Formed from spring water in Johnston County, Pennington Creek runs through the town of Tishomingo, Oklahoma, the first capital of the Chickasaw Nation from 1856 until 1907.

The investment team at Pennington Creek Capital is guided by the mission statement of the Chickasaw Nation: “To enhance the overall quality of life of the Chickasaw people.” Grounded in our purpose, Pennington Creek combines a values-driven philosophy with expertise, talent, and experience to achieve exceptional outcomes.

Strategy

Deploy Patient, Flexible Capital

We make long-term investments (7-20+ years) unconstrained by typical fund life cycles. Having patient capital means not selling at an inopportune time and having the ability to make decisions in the long-term best interests of the companies we acquire.

Create Value-Added Partnerships

We help our management teams achieve success by providing strategic advice, helping set goals and objectives tied to financial incentives, and using our relationships to drive new business, all while giving them the space needed to operate successfully.

Target Mature, Cash-Generative Businesses

We invest in companies that reliably produce cash flow for organic growth, acquisitions, and shareholder dividends. We believe in strong balance sheets with minimal debt, detailed growth plans, and the thoughtful use of capital to eliminate growth constraints.

Criteria

Target Company Size

$5-$25 million annual EBITDA with strong free cash flow conversion and moderate capital requirements

Management

Experienced operators who prioritize long-term value creation and are prepared to capitalize on transformative growth opportunities

Geography

United States and Canada

Target Sectors

Specialty Manufacturing

Industrial Products and Services

Oil and Gas Equipment

Aerospace and Defense

Consumer Products

Food and Beverage

Team

News

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