Private Equity

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Denargo Capital

Arsenal Capital Partners is a New York-based private equity firm that invests in middle-market manufacturing and services companies. It acquired Source...

Denargo Capital logo

Denargo Capital

Arsenal Capital Partners is a New York-based private equity firm that invests in middle-market manufacturing and services companies. It acquired Source Refrigeration & HVAC, Inc. in 2007. Source Refrigeration & HVAC, Inc. is an independent provider of commercial refrigeration services in North America, serving customers in 12 contiguous Western states.

General information

Firm type

Private Equity

Year founded

1997

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Greenwood Village

Corporate office

Greenwood Village, CO, United States

Frequently asked questions

Who runs investment decisions at Denargo Capital?

No managing principal, CEO, or CIO is publicly named on the firm's website. The investment committee composition and decision-making hierarchy remain undisclosed. Any allocator or co-investor would need direct contact to establish who controls the capital.

What is Denargo Capital's known investment strategy?

Denargo describes targeting buyout, growth, management buyout, recapitalisation, and succession transactions in the expansion and late-stage segments. The firm has not published a specific fund structure, sector emphasis, or deal-size preference. Without named portfolio companies, the operational application of this stated strategy is unverifiable from public sources.

Does Denargo Capital have disclosed assets under management?

No. Denargo has not disclosed an AUM figure, a fund size, or a deployment pace. The firm maintains complete silence on its capital base, making it impossible for an external party to gauge firepower or dry powder without direct engagement.

How does Denargo Capital source its deals?

Denargo does not disclose its sourcing model. No intermediaries, operating partners, or origination professionals are identified. A Greenwood Village, Colorado headquarters suggests a regional network, but the firm publishes no evidence of proprietary deal flow, platform relationships, or industry-specific calling efforts.

Is Denargo Capital a single-family office, a traditional GP, or something else?

Denargo Capital self-identifies as a private equity firm, not as a family office. It does not disclose any family wealth origin, limited partner base, or sponsor backing. Its corporate structure and ownership are not detailed in public records beyond its basic asset manager classification.

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