Private Equity

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Monument MicroCap Partners

Monument MicroCap Partners, LLC (Monument) is an independent private investment firm comprised of highly experienced and accomplished private equity and...

Monument MicroCap Partners logo

Monument MicroCap Partners

Monument MicroCap Partners, LLC (Monument) is an independent private investment firm comprised of highly experienced and accomplished private equity and operational executives seeking to sponsor the acquisition of companies in the U.S. MicroCap Market, which we define as businesses having EBITDA of $2-8 million. Our focus is on businesses located in the United States and Canada We have one of the deepest and broadest investment teams in the U.S. MicroCap private equity market. Our partners have extensive experience and a successful track record of investing in and operating dozens of companies in the U.S. lower middle market. Our objective is to partner with outstanding management teams to acquire profitable businesses that together we can grow and harvest to generate exceptional investment results.

General information

Firm type

Private Equity

Year founded

2018

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Indianapolis

Corporate office

Indianapolis, IN, United States

Principals

Glenn Scolnik

Chairman, Founding Partner

Tim Hildebrand

CEO

Jim Futterknecht

Founding Partner

Rob Troxel

Founding Partner

Roy Whitney

Founding Partner

Cosmin Dordea

Vice President

Jack Ronan

Associate

Holly Pearsall

VP of Marketing & Investor Relations

Rick Larkin

Operating Advisor

Sector focus

Healthcare ServicesIndustrialsConsumer

Frequently asked questions

Who runs investment decisions at Monument MicroCap Partners?

Chairman Glenn Scolnik, a founding partner, leads investment decisions alongside CEO Tim Hildebrand and the other founding partners — Jim Futterknecht, Rob Troxel, and Roy Whitney. The team combines private equity backgrounds with in-house operational expertise through Operating Advisor Rick Larkin. The firm does not list a separate CIO, suggesting sourcing and investment committee decisions sit with the founding partner group.

What investment stage does Monument MicroCap Partners typically target?

Monument targets profitable, lower-middle-market and microcap companies — typically founder- or family-owned — with enterprise values below $50 million. It pursues control buyouts across fragmented industries, then runs them as long-term platforms rather than staging quick exits. The firm adds bolt-on acquisitions to existing platforms, as seen across its portfolio naming "add-on acquisitions completed" on the website.

In which sectors does Monument MicroCap Partners invest?

Monument maintains a sector-agnostic approach driven by microcap opportunity rather than thematic conviction. Its portfolio includes healthcare services (Champion Wellness Centers, Synergy IOM), niche manufacturing (Sweet Tooth Holdings, EarthWay), building products (Renovate America Holdings, Kelly Roofing), and business services (Command Investigations). The common thread is small companies with entrenched customer relationships and fragmented competitive landscapes.

How does Monument MicroCap Partners source deals?

The firm sources directly through founder outreach within the microcap space, below the threshold of scaled investment banks. Its team composition — four founding partners plus an operating advisor with deep operational backgrounds — suggests networks in owner-operated industrial and service businesses drive origination. Monument does not publicly detail a formal sourcing strategy, but the small deal sizes inherently limit competed auction exposure.

Is Monument MicroCap Partners a single-family office or a private equity firm?

Monument is structured as an independent private equity firm, not a family office. It is a limited liability company that sponsors acquisitions of external microcap businesses. The firm has not disclosed the identity of its limited partners, but its governance — a management company led by a CEO and founding partners — aligns with institutional private equity rather than single-family wealth management.

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