Main Line Equity Partners

Managing Partners David Fisher and Brian Kivitz jointly lead the investment committee. Both have operating and investing backgrounds and are supported by a bench of executive partners who diligence opportunities and assume board or interim management roles post-close. All final investment decisions rest with Fisher and Kivitz.

No. MLEP invests committed internal capital rather than blind-pool fund vehicles. This structure avoids fundraising cycles, enables indefinite hold periods, and allows the firm to structure transactions that may not fit an institutional fund's fee-and-waterfall model.

The firm focuses on lower-middle-market businesses generating between $2 million and $15 million in EBITDA. It acquires majority control — typically 100% — in profitable, founder- or family-owned enterprises across business services, niche manufacturing, healthcare services, and light industrial sectors.

MLEP relies on a direct-origination network of intermediaries, accountants, attorneys, and executives in the Mid-Atlantic and Northeast instead of broad auction processes. Its geographic proximity model — targeting companies within roughly two hours of Ardmore, Pennsylvania — is designed to catch deals that larger national sponsors overlook.

Because the firm does not manage a fixed-life fund, it has no formal exit clock. The investing partners have indicated a willingness to hold portfolio companies for a decade or longer if the business continues to compound, avoiding the forced liquidity events that marked-to-market fund structures require.

Yes. The firm's buy-and-build strategy includes pursuing tuck-in acquisitions that strengthen a platform's market position, geographic reach, or service offering. Add-on diligence and integration are executed by the same operating-partner team that manages the original platform.

Fisher and Kivitz serve as Managing Partners and constitute the investment committee. The firm operates without a traditional LP advisory board or external board-seat mandates. Operating partners and a small internal team support sourcing, execution, and portfolio monitoring from the Ardmore office.