Duff, Ackerman and Goodrich

Duff, Ackerman & Goodrich (DAG) is a long-established private investment firm based in San Francisco, California, founded in 1991. While their initial description sometimes mentions managing both private equity and venture capital funds, their primary and most prominent activity has consistently been in private equity. DAG focuses on making control and significant minority investments in middle-market companies, primarily through leveraged buyouts, recapitalizations, and growth equity transactions. Their strategy targets established businesses with strong management teams and growth potential, rather than early-stage ventures.

The firm's investment approach is sector-agnostic but has shown a preference for companies operating within business services, consumer products, industrial products, and healthcare sectors. DAG seeks to partner with management to drive operational improvements, strategic growth initiatives, and market expansion. Their long tenure in the private equity space, spanning over three decades, indicates a consistent focus on value creation within mature, cash-flow positive businesses.

DAG's investment capacity is evidenced by their historical fundraises. For instance, their DAG Private Equity Fund III, LP, launched around 2012, reportedly targeted capital commitments in the range of $300 million to $400 million. This substantial fund size enables them to deploy significant capital into their portfolio companies. Typical first-time equity checks from Duff, Ackerman & Goodrich generally range from $5 million for growth equity investments to as much as $100 million for larger leveraged buyouts, reflecting their commitment to substantial stakes in their target companies.

Overall, Duff, Ackerman & Goodrich stands as a seasoned private equity firm with a clear mandate to invest in and grow middle-market companies across diverse industries. Their established track record and focus on traditional private equity strategies distinguish them as a reliable partner for businesses seeking capital for buyouts, recapitalizations, or significant growth initiatives.