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Synetro Group
Synetro Group is a private equity based in Chicago, founded 2000; the Altss profile covers its classification, headquarters, registration, AUM band, and key...
Synetro Group
We are a Chicago Based private investment and strategic advisory firm, with a focus on technology and business services.
General information
Firm type
Private Equity
Year founded
2000
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Chicago, IL, United States
Principals
Michael L. Krasny
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Synetro Group?
Michael L. Krasny, Synetro's founder, is the primary decision-maker. Krasny was the founder and former CEO of CDW, the technology reseller he took public and later sold. He exited CDW's board in 2010 and has since focused on deploying his own capital through Synetro into control acquisitions of small and mid-sized businesses.
How does Synetro Group source proprietary deal flow?
Synetro relies on a network of Midwest-based intermediaries, accountants, and business brokers to identify succession-driven opportunities. The firm targets owner-operators who are retiring without a clear internal handoff, a profile that rarely reaches broad auction processes. Krasny's reputation as CDW's founder gives the firm credibility with sellers who care about legacy preservation as much as valuation.
Is Synetro Group structured as a family office or a private equity firm?
Synetro operates as a hybrid — it is a registered investment vehicle that deploys what appears to be primarily Michael Krasny's family capital, making it function like a single-family office with a private equity mandate. The firm does not publicly disclose LPs or fund structures, and its permanent-capital posture distinguishes it from blind-pool fund managers.
What investment stages does Synetro typically target?
Synetro focuses on control buyouts of established lower-middle-market companies, typically with $5 million to $50 million in revenue. The firm also evaluates spin-offs from larger corporations, turnarounds of underperforming businesses, and early-stage ventures in technology services where Krasny's operating experience is directly relevant.
Where does the underlying wealth come from?
Michael Krasny's wealth originated from founding CDW — originally Computer Discount Warehouse — in 1984. He grew the business from a single classified ad into a multi-billion-dollar public company and remained a significant shareholder through its 1993 IPO and subsequent sale. The proceeds from his CDW holdings form the capital base behind Synetro Group.
Profile maintained by Altss 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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