Updated:
Craft Work Capital
Craft Work Capital invests in mechanical and electrical specialty contractors. Jeremy founded the firm, drawing on experience at PPL and Talen Energy.
Craft Work Capital
Jeremy founded Craft Work Capital, drawing on over 20 years of strategic and financing experience, including a senior managing director role at LS Power and leadership at PPL and Talen Energy. The firm focuses specifically on mechanical, electrical, and related specialty contracting sectors. The firm makes strategic investments in companies that serve the reindustrialization of America, high tech, healthcare, and education infrastructure. Targeted asset classes include direct equity in operating companies, with a focus on growth capital and buyouts. The portfolio is concentrated in the US, particularly the Northeast and other regions experiencing industrial growth. No named portfolio companies are publicly disclosed. The investment team includes Dave, a former PPL and Talen Energy executive, Bernie, a finance and operations professional, and Ryan, an associate. The firm operates from Bethlehem, Pennsylvania, with an additional office in Villa Rica, Georgia. It seeks long-term partnerships with leadership teams. No recent operational event from the last 24 months is verifiable from public sources. Craft Work Capital is structurally distinct as a sector-focused investor in a fragmented industry of specialty contractors. Its principals bring deep operational experience from owning and managing a portfolio of 11 contracting firms at PPL and Talen. This hands-on background provides a sourcing and value-creation edge over generalist private equity firms.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Bethlehem
Corporate office
306 S New Street, Suite 110, Bethlehem, PA 18015, United States
Additional offices
Villa Rica, United States
Principals
Jeremy
Founder, Managing Director
Dave
Managing Director
Bernie
Director of Finance and Operations
Ryan
Associate
Sector focus
Frequently asked questions
Who runs investment decisions at Craft Work Capital?
Jeremy, the founder, leads investment decisions. He has over 20 years of strategic and financing experience, including as a senior managing director at LS Power and in leadership roles at PPL and Talen Energy.
What types of companies does Craft Work Capital invest in?
The firm invests in mechanical, electrical, and other related specialty contracting firms. Its focus is on companies benefiting from reindustrialization, energy efficiency, and infrastructure spending in the US.
Does Craft Work Capital use fund commitments or direct investments?
The firm appears to make direct equity investments in operating companies, acting as a strategic partner to leadership teams. It does not appear to operate a fund-of-funds model.
What geographic regions does Craft Work Capital target?
The firm focuses on the US, with a particular emphasis on the Northeast and areas experiencing industrial growth. It has offices in Bethlehem, Pennsylvania, and Villa Rica, Georgia.
How does Craft Work Capital source deal flow?
The firm leverages its principals' industry expertise and relationships built during their tenures at PPL, Talen Energy, and LS Power. This network provides proprietary access to specialty contracting businesses.
Is Craft Work Capital related to any larger family office or institution?
Craft Work Capital is an independent firm. Its founder's background includes senior roles at LS Power, PPL, and Talen Energy, but the firm operates as a standalone investment platform.
What is the structure of Craft Work Capital's team?
The team comprises four professionals: Jeremy (founder/managing director), Dave (managing director), Bernie (director of finance and operations), and Ryan (associate). All bring experience from energy, banking, or construction sectors.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: