Tailwind Capital

Tailwind pursues control equity investments in mid-market business services, healthcare, and industrial services companies. The firm follows a buy-and-build model, acquiring platform companies and then executing follow-on acquisitions to consolidate fragmented industries. Target companies typically generate between $5 million and $25 million in EBITDA.

Tailwind invests across business services, healthcare services, and industrial services. Sub-sectors include outsourced field services, specialty distribution, healthcare provider platforms, and technology-enabled business solutions. The firm has historically avoided pure-play technology and consumer-facing businesses.

Tailwind targets platform investments in companies with EBITDA between $5 million and $25 million. The firm can deploy larger amounts of capital when including follow-on acquisitions made by its portfolio companies. Equity check sizes for initial platforms typically fall in the mid-market range, consistent with the firm's most recent known fund size of approximately $775 million for Fund II, per SEC filings.

Tailwind operates as a traditional private equity firm with a partnership structure. The firm raises committed capital from institutional limited partners and manages a portfolio of controlled portfolio companies. It is not a family office or a fund-of-funds, but rather a direct investor that takes board seats and influences operational strategy in its portfolio companies.

Tailwind primarily leads its own platform equity investments and builds value through proprietary deal sourcing and add-on acquisitions. The firm may participate in syndicated investments alongside other mid-market sponsors when sourcing complementary opportunities, though it generally positions itself as a control investor rather than a passive co-investor alongside larger GPs.