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Elk Lake Capital
Elk Lake Capital began in 2011 under George V. Lynett Jr. and Matthew Haggerty. The Lynett-Haggerty family built its base through Times-Shamrock Communications...
Elk Lake Capital
Elk Lake Capital began in 2011 under George V. Lynett Jr. and Matthew Haggerty. The Lynett-Haggerty family built its base through Times-Shamrock Communications newspaper and radio operations. The firm targets buyout and growth transactions in lower-middle-market companies. It seeks control stakes in businesses with steady cash flow across manufacturing, food production, energy, financial services, logistics, and healthcare. Activity stays within North America. Confirmed holdings include operating companies in these sectors plus real assets such as the Scranton Times Building and Mangan Mills Realty. The team includes family members Bobby Lynett and external partners Jim Lewandowski and Bob Mills. Additional vehicles encompass the Haggerty Family Foundation in Austin and Minneapolis plus the Patti and George Lynett Family Foundation. No recent operational events appear in available records. Ownership remains fully internal to the Lynett-Haggerty family with no external LP structure or third-party fund vehicles.
General information
Firm type
Single Family Office
Year founded
2011
Location
Region
North America
Country
United States
City
New Haven
Corporate office
Scranton, PA, United States
Principals
George V. Lynett Jr.
Managing Director
Matthew Haggerty
Managing Director
Bobby Lynett
Partner
Jim Lewandowski
CEO
Bob Mills
Board Member
Sector focus
Frequently asked questions
Who runs investment decisions at Elk Lake Capital?
George V. Lynett Jr. and Matthew Haggerty serve as managing directors. Bobby Lynett acts as partner. Jim Lewandowski holds the CEO title and Bob Mills sits on the board.
How does Elk Lake Capital source proprietary deal flow?
The firm draws on local networks in Scranton and longstanding ties to Times-Shamrock Communications. Family members hold leadership roles in the Greater Scranton Chamber of Commerce and Scranton Area Community Foundation.
Does Elk Lake Capital participate in fund commitments or only direct deals?
The firm invests its own capital directly. It targets control positions in operating companies and does not commit to external funds.
What investment stages does Elk Lake Capital typically target?
Activity centers on buyouts and growth equity in lower-middle-market companies with $2–5 million of operating earnings.
Where does the underlying wealth come from?
Wealth originated with the Lynett-Haggerty family's ownership of Times-Shamrock Communications newspaper and radio businesses.
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.
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