Firelight Capital Partners

Managing Partners Rick Perkal and Pat Collins lead the firm's investment decisions. Perkal is the CEO, while Collins — a former Managing Partner at Grand Crossing Capital and Partner at JH Partners — shares deal responsibility. The investment committee is likely the two of them, given the small team size and their direct board assignments across portfolio companies Hobo, Fromm, and Chalk Couture.

Firelight targets majority investments with equity checks of $10–30 million. The firm will consider minority positions in limited situations. Target companies generate $25–100 million in revenue and $3–15 million in EBITDA — brands at an inflection point where Firelight believes its operational expertise can unlock exponential growth.

The firm's stated primary categories are apparel and accessories, health and wellness, pet, beauty and personal care, food and beverage, footwear, home décor, and outdoor. The current portfolio reflects this focus: Fromm (beauty tools), Hobo (leather handbags), Snif Snax (pet treats), and Chalk Couture (home décor).

Firelight positions itself as a partnership-oriented firm, stating it begins by understanding the founder's vision. While no specific sourcing process is disclosed publicly, the managing partners' deep consumer-sector networks — Perkal's from Irving Place Capital and Kirkland & Ellis, Collins's from JH Partners and Grand Crossing — suggest a blend of intermediary and founder-direct origination.

Firelight's investment criteria specify it generally targets U.S.-based companies, though it looks for concepts with domestic and global reach that can leverage the firm's category expertise. The January 2026 acquisition of a UK manufacturing facility by portfolio company Snif Snax signals operational expansion into Europe, not a shift in direct-investment geography.