Ault & Company

Ault & Company

Todd Ault launched Ault & Company after decades of serial entrepreneurship and public-company stewardship, most visibly through the entity now known as Ault Alliance (NYSE: AULT). The Costa Mesa-based private investment firm operates separately from its boisterous public sibling, concentrating on control-equity and structured credit opportunities across mid-market industrial, technology, and financial-services businesses. The disclosed public-to-private pipeline suggests Ault moves assets between his listed vehicle and the private firm when valuations diverge from intrinsic worth. The private book reaches across enterprise software, defense manufacturing, cryptocurrency mining infrastructure, commercial real estate, and specialty lending. Public filings from Ault Alliance show Ault & Company has participated in financing for TurnOnGreen (electric-vehicle charging hardware), BitNile (now a subsidiary housing Bitcoin mining rigs at a Michigan data center), and Circle 8 Crane Services — a power-line construction and crane-rental operator acquired out of Texas. Geographically, deal flow concentrates on North American targets in secondary and tertiary markets, often owner-operators with limited institutional competition. Total deployment and headcount are not publicly disclosed by the private entity. The wider Ault ecosystem employs several hundred people across the holding company, but Ault & Company itself appears to rely on a compact investment team embedded alongside the public company's executive function. In October 2024, Ault Alliance announced a 1-for-25 reverse stock split to maintain NYSE American listing standards, indirectly signaling the private arm may absorb further assets if the public vehicle continues to shrink its market capitalization (per SEC filings, October 2024). The structural differentiator is a public-private pairing that most family offices cannot replicate: Ault can warehousing assets inside a listed company during cheap-capital windows, then take them private through his permanent-capital vehicle when public markets stop cooperating. That architecture blurs the line between an activist holding company and a traditional single-family office, and it gives Ault an unusual liquidity toolkit relative to peers of comparable scale.