EXI Investment Partners

Investment authority sits with the three co-founders: Jonathan Dries, Nicholas Peters, and Jack Westerman. All three were Managing Directors at Parallel49 Equity before founding EXI in 2020, having worked together since 2007. The firm does not list any additional investment committee members.

EXI does not raise a traditional blind-pool fund. It forms single-asset investment vehicles for each acquisition, raising capital deal-by-deal from aligned family offices and other permanent-capital sources. The firm states this provides unconstrained investment horizons and flexible mandates tailored to each company.

EXI differentiates itself through a deliberate focus on QSBS-eligible investments. Under Section 1202 of the Internal Revenue Code, investors may exclude a significant portion of capital gains upon exit, provided the stock and company meet certain holding-period and asset tests. EXI states this tax-advantaged approach is a core part of its strategy for both the firm and its limited partners.

The firm pursues buyouts in specialty manufacturing, distribution, and business services. Disclosed holdings include medical-device compliance services (Medpoint), consumable medical products (SMI Cold Therapy), managed waste and recycling services (Certified Waste Solutions), and building products (EV Stone).

No. EXI is an asset manager and private equity firm founded by three career investors who previously worked at Parallel49 Equity. While it partners with family offices as its primary limited-partner base, no single-family wealth source drives the firm's capital or governance.

Because EXI raises capital on a deal-by-deal basis into single-asset vehicles without a fixed fund life, it faces no mandatory liquidation timeline. The firm publicly emphasizes patience and the ability to compound value over indefinite holding periods, contrasting with the typical five-to-seven-year private equity cycle.

EXI has not publicly articulated a formal co-investment program. Its disclosed model centers on originating and leading control buyouts into single-asset vehicles with its own family-office network, suggesting co-investment alongside third-party sponsors is not a core activity.