# Ashland Capital Partners

Ashland Capital Partners is a Multi Family Office based in Chicago, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Founded:** 2004
- **Assets under management:** Undisclosed
- **Website:** ashlandcapitalpartners.com
- **LinkedIn:** https://www.linkedin.com/company/ashland-cap

## About

Ashland Capital Partners was established in 2004 by Jim Lynch in Chicago. The firm operates as a multi-family office that channels capital from family and individual investors into control positions. The firm targets buyout and growth investments in industrial and manufacturing sectors. It deploys private equity and private credit through direct control deals. Confirmed co-investments include positions alongside Main Street Capital Corp in Boccella Precast and KBK Industries. Activity centers on North America. The team includes James Lynch as Senior Managing Director and Tom Fitzgerald as Managing Director. Tom Fitzgerald serves on the Manufacturing Committee of ACG Chicago. The firm also holds residential and mixed-use real estate assets including Woodbridge Manor in Irvine, California.

## Sectors

- Industrial Tech
- Mobility & Transportation

## People

- Jim Lynch — Founder & Managing Partner
- James Lynch — Senior Managing Director
- Tom Fitzgerald — Managing Director

## Questions

### Who runs investment decisions at Ashland Capital Partners?

Jim Lynch serves as Founder & Managing Partner. James Lynch holds the role of Senior Managing Director and Tom Fitzgerald serves as Managing Director.

### Does Ashland Capital Partners participate in fund commitments or only direct deals?

The firm executes control-oriented direct investments and co-investments. It has partnered with Main Street Capital Corp on multiple portfolio companies.

### What investment stages does Ashland Capital Partners typically target?

The firm focuses on buyout and growth stages in lower-middle-market companies.

### How is Ashland Capital Partners related to Main Street Capital Corp?

Main Street Capital Corp acts as a long-term co-investor in multiple portfolio companies including Boccella Precast and KBK Industries.

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Last updated: 2026-08-10T15:54:10.904Z

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