Fletch Equity

Fletch Equity

Fletch Equity was founded in Los Angeles by a group of private equity operators who have executed buy-and-build strategies in the lower middle market for over five decades collectively. The firm pursues what it calls a "platform company" model: identifying financially healthy businesses in the US and Canada that possess significant organic growth potential, then collaborating with leadership to mitigate key-person risk, enhance infrastructure, and pursue targeted growth programs to create durable legacy businesses. The firm structures its investments as control buyouts and growth equity placements, prioritizing businesses that can scale through add-on acquisitions. Fletch deploys capital across a wide range of fragmented industries, including business and consumer services, industrials, transportation, and healthcare services. The current portfolio confirms active positions in the specialty pharmacy (Total Care RX), early education (Little Newtons), ship repair (Oceanwide Repair), oilfield services (Well-Foam), and fitness sectors (Tru Fit Athletic Clubs, along with an unnamed specialty fitness chain operating over 30 locations nationally). The firm maintains a national footprint, with portfolio company operations spanning California, Texas, Minnesota, Wisconsin, Illinois, Tennessee, and Washington. Fletch operates with four named investment professionals led by Partners Matt Kraus and Andrew Fischer, with Corey Reishtein as Principal and Julia Robinson leading business development from the firm's Wilshire Boulevard office. The firm draws on a network of experienced buy-and-build executives and executive search contacts, positioning itself as able to deliver "been there, done that" operational and strategic guidance. Fletch has not publicly disclosed a formal affiliated foundation or parallel credit vehicle, distinguishing it from firms that warehouse portfolio-support functions in separately branded entities. Fletch's structural differentiator lies in its singular focus on the owner-operator transition in the lower middle market, maintaining a partnership-oriented posture rather than pursuing fund-level aggregation. The firm's principals have invested in dozens of companies as a team, and the portfolio shows their willingness to operate across idiosyncratic, non-correlated verticals — from clinical research and school bus transportation to specialty fitness and oilfield services — without drifting outside North America.