Tilia Holdings

Tilia pursues control buyouts and growth equity investments in lower middle-market companies across two sectors: the food value chain and healthcare services. The firm targets businesses where operational improvements, professionalization of management, and strategic add-on acquisitions can drive value. Transaction structures include both direct equity control and minority growth capital for founder-owned companies navigating succession or scaling decisions.

Tilia's public record focuses exclusively on food supply chain and healthcare services. The firm does not invest in technology, consumer internet, energy, or cyclical industrials. Its dual-vertical mandate deliberately filters out sectors that lack the regulatory complexity and non-discretionary demand characteristics that underpin its portfolio companies.

The firm's sourcing model relies on intermediated, proprietary transactions within fragmented, founder-heavy industries. By maintaining deep relationships in food manufacturing, specialty processing, and outsourced healthcare services, Tilia accesses companies that rarely reach broad auction processes. The concentration in the Midwest and Sun Belt provides geographic proximity to many of these target businesses.