# ShoreView

ShoreView is a Private Equity based in Minneapolis, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Minneapolis, United States
- **Region:** North America
- **Address:** 311 North Seventh Avenue, Suite 200, Minneapolis, MN 55401, United States
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** www.shoreview.com
- **LinkedIn:** https://www.linkedin.com/company/shoreview-industries-llc

## About

ShoreView is an SEC-registered investment adviser in Minneapolis, MN, registered since 2012. It manages approximately $1.2 billion in regulatory assets. The firm has 19 employees and 14 investment advisers.

## Sectors

- Industrial Tech
- Aerospace & Defense
- Healthcare Services
- Building Products
- Specialty Materials
- Business Services
- Distribution
- Consumer

## People

- Thomas D’Ovidio — Partner
- Scott Gage — Partner
- Brett Habstritt — Partner
- Adam Reeves — Partner
- Peter Zimmerman — Partner
- Eric Paquette — Principal
- Madeleine Shumaker — Principal

## Questions

### How does ShoreView source deals in the lower middle market?

ShoreView targets family and entrepreneur-owned companies with $20 million to $300 million in revenue where succession, generational transition, or owner liquidity create a natural sale catalyst. The firm maintains a dedicated vice president of business development, Garrett Davis, and leans on relationships built over more than 20 years across the Midwest. Add-on acquisitions are often pursued alongside initial platform investments to compound scale (per the firm, 2026).

### Who runs investment decisions at ShoreView?

A five-partner group — Thomas D’Ovidio, Scott Gage, Brett Habstritt, Adam Reeves, and Peter Zimmerman — leads ShoreView’s investment committee. Founders Jeffrey Mudge and David Wakefield have transitioned to an advisory role and a special limited partner position, respectively, leaving the current partnership group in full control of deal execution and portfolio oversight.

### Does ShoreView place operating partners inside its portfolio companies?

No. ShoreView explicitly states that it does not employ operating partners and does not act as an operator. The firm supports management teams exclusively from the board level, a deliberate structural choice that keeps professional headcount small and relies on incumbent leadership to execute growth plans (per the firm’s website, 2026).

### What is ShoreView’s typical equity check size?

ShoreView can write equity investments up to $100 million per deal (per the firm’s website, 2026). The firm structures both majority and minority positions and routinely participates in leveraged recapitalizations and corporate divestitures, with a stated EBITDA range of $4 million to $25 million at entry.

### How is ShoreView capitalized?

ShoreView has raised over $1.8 billion in committed capital across five funds since its 2002 founding (per the firm, 2026). The firm operates as a traditional private equity partnership drawing institutional commitments, though it does not publicly name its limited partners.

### Does ShoreView participate in fund commitments or only direct deals?

ShoreView is set up exclusively for direct private equity investments, including platform acquisitions, add-ons, recapitalizations, and corporate divestitures. There is no public record of ShoreView operating a fund-of-funds line or making primary commitments to third-party managers.

## Related profiles

- [ShoreVest Capital](https://altss.com/profile/shorevest-capital)
- [Shorewind Capital](https://altss.com/profile/shorewind-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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