Private Equity

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JBA Capital

Covey Equity (previously JBA Capital) is a privately-owned holding company focused on making long-term investments in lower-middle market niche industrial...

JBA Capital logo

JBA Capital

Covey Equity (previously JBA Capital) is a privately-owned holding company focused on making long-term investments in lower-middle market niche industrial businesses. It seeks to invest in niche businesses at the lower end of the middle market and prefers platform investments with stable free cash flow, established management, and definable competitive advantage. Its permanent holding company structure allows it to hold investments indefinitely without a defined exit timeline.

General information

Firm type

Private Equity

Year founded

2003

Location

Region

North America

Country

United States

City

Columbus

Corporate office

Columbus, OH, United States

Principals

Gunby J. Garrard

President

William R. Blanchard

Director

Robbie Raybon

Acquisitions

Rand Jones

Legal Counsel

Meika Hilsman

CFO

Dick Norman

CFA, Financial Modeling & Valuations

Katie Kirkland

Investor Relations

Gardiner W. Garrard

Chairman

James H. Blanchard

Vice Chairman

Paul S. Amos

II, Director

Frequently asked questions

What investment strategies does JBA Capital pursue?

JBA Capital focuses on buyout, growth equity, and management buyout transactions. The firm targets control-oriented investments in established middle-market companies, often structuring deals that retain and recapitalize incumbent management teams rather than installing new operators.

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