New Majority Capital

The four managing partners — Havell Rodrigues, Kris Schumacher, Allegra Stennett, and Darryl Lindie — jointly direct the company, according to the firm’s website. Rodrigues holds the CEO title alongside his managing-partner role. The firm does not publish a formal investment committee, but the tight partner group suggests decisions are made by consensus among the four principals.

The firm runs a proprietary bETA Accelerator that recruits and trains underrepresented individuals to search for small businesses whose owners are approaching retirement. Those incoming entrepreneurs function as the originators — they find target companies, and New Majority Capital provides acquisition capital and operational support. Once a deal closes, the business operates under the new owner, who holds a majority equity stake.

New Majority Capital does not publicly report a closed-end fund. Each acquisition appears to be capitalized on a deal-by-deal basis, combining the firm’s own capital with what it calls non-extractive financing that leaves the incoming entrepreneur as the majority owner. This separates it from both conventional search-fund models and standard lower-mid-market private equity funds.

The portfolio spans small and lower-mid-market companies across multiple B2B and consumer-facing sectors. Known transactions include commercial HVAC and refrigeration (M.S. Johnston Company, Advanced Air Conditioning), home healthcare (Right at Home, Always Best Care of Fairfax), precision manufacturing (Attco Machine Products), commercial insurance (E.G. Bowman Co.), and specialty construction (Classic Pools of Naples). The firm has completed transactions in at least 20 states.

No. The firm’s model places the incoming entrepreneur in the majority-equity seat, with New Majority Capital providing structured financing and advisory support as a minority or non-control partner. The firm emphasizes non-extractive capital terms, meaning the owner-operator is the primary economic beneficiary of the business’s cash flows and eventual exit.

By mid-2026 the firm had facilitated more than 40 small-business acquisitions, based on the portfolio listing on its website. The pace of acquisitions has accelerated: five transactions closed in 2023, roughly a dozen in 2024, and at least twenty in 2025. The earliest listed closing is E.G. Bowman Co. in July 2023.

No. New Majority Capital is structured as an asset manager and private equity firm, not a family office. Its capital base does not trace to a single family’s wealth; the firm describes itself as an impact-investment platform serving a network of external investors and lending partners alongside its own balance-sheet capital.