Private Equity

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Stoic Holdings

Ryan Berk and Michael Dworkis lead Stoic Holdings, a Denver-based private investment firm focused on concentrated, operationally active buyouts in...

Stoic Holdings

Stoic Holdings

Stoic Holdings was co-founded by Managing Partners Ryan Berk in Denver and Michael Dworkis in Washington, D.C. The firm draws on the partners’ combined experience in corporate management, public and private equity investing, and investment banking to pursue a concentrated mandate. The firm makes control investments in lower-middle-market industrial and service companies, often taking an active operational role post-close. Its strategy spans buyout, growth, and succession situations, executed through direct holding-company structures rather than blind-pool funds. The active portfolio includes Accredited Home Elevator, a home-elevator manufacturer and servicer serving the U.S. East Coast. Exited positions include Store It Cold, the maker of CoolBot, a patented device that converts standard air conditioners into walk-in coolers; the product has sold over 50,000 units across 60 countries. Arctic Industries, a walk-in cooler manufacturer with plants in Miami and Los Angeles, was also exited. Stoic operates from two principal locations — Denver and Washington, D.C. — and leverages an external network of operating partners rather than a large in-house team. There is no publicly disclosed AUM or aggregate deployment figure, and the firm does not publish details on adjacent vehicles or philanthropic structures. The firm has not publicized a dated operational event in the last 24 months. The firm is structured as a permanent-capital buyer rather than a conventional fund manager; its two partners lead both investment decisions and portfolio operations directly, without a separate investment committee. That lean, partner-level engagement model and its focus on longevity-oriented control deals — often in niche industrials like elevator service and cold-chain equipment — differentiates it from diversified private equity platforms that raise successive blind-pool funds.

General information

Firm type

Private Equity

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Denver

Corporate office

Denver, CO, United States

Additional offices

Washington, DC, United States

Principals

Ryan Berk

Managing Partner

Michael Dworkis

Managing Partner

Sector focus

Industrial TechReal Estate

Frequently asked questions

Who runs investment decisions at Stoic Holdings?

Managing Partners Ryan Berk and Michael Dworkis jointly lead all investment and operational decisions. Berk is based in Denver; Dworkis operates from Washington, D.C. Their pre-Stoic backgrounds combine corporate management, public and private equity investing, and investment banking (per the firm).

How does Stoic Holdings source proprietary deal flow?

The firm has not disclosed a formal sourcing model. However, given the partners’ operational focus and the niche industrials they target — home elevators, walk-in coolers — deal flow likely originates through founder and intermediary relationships rather than broad auction processes.

Is Stoic Holdings structured as a single family office or does it operate more like a venture firm?

Stoic is a private investment firm that operates closer to a permanent-capital private equity vehicle than a family office or venture firm. It makes concentrated, control-oriented investments and takes an active operational role, with no indication of managing third-party capital or raising successive funds.

Does Stoic Holdings participate in fund commitments or only direct deals?

All disclosed activity indicates the firm makes direct, control-oriented investments rather than committing capital to third-party funds. Its portfolio and exit history show direct holding-company positions in companies like Accredited Home Elevator, Store It Cold, and Arctic Industries.

What investment stages does Stoic Holdings typically target?

Stoic targets buyout, growth, management buyout, and succession situations — generally where it can acquire a controlling stake and drive operational improvement. It does not invest in early-stage or venture-stage companies.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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