Elmsley Capital

Brian Burke, the Founder and Managing Partner, leads investment strategy and sourcing. He works alongside two partners: Bruce Fiegel, who oversees portfolio operations for the industrials holdings, and Brian Santana De La Rosa, who joined in 2023 and led the Schmidt Industrial Services acquisition.

Elmsley targets family-owned and closely held businesses seeking capital liquidation and management succession. Its sourcing model relies on direct outreach to owner-operators, with an acquisition team that includes an operator-partner who can step into a CEO role post-close, as demonstrated with Schmidt Industrial Services in 2024.

No. Elmsley uses permanent capital rather than a traditional closed-end fund structure. The firm describes itself as providing 'patient capital' and does not operate under fixed fund-life constraints, allowing it to hold businesses indefinitely.

Elmsley focuses on control buyouts and recapitalizations of established lower-middle-market businesses. It does not target early-stage venture or minority growth investments; its model is to take an operational role in mature small businesses that need management succession.

Elmsley does not appear to make fund commitments. Its stated model is direct acquisition and operation of private companies, with no indication of LP investing into third-party funds.

The firm has not publicly disclosed exclusionary sectors, but its portfolio shows no exposure to technology, healthcare services, or energy. Its acquisitions are concentrated in industrial manufacturing and consumer-facing franchised services.

Elmsley has not publicly discussed co-investment programs. Its model of using in-house operating partners as portfolio-company CEOs suggests it prefers full control rather than passive minority stakes alongside other sponsors.