Stelaris

About The Fund

Stelaris is a private equity firm that focuses on acquiring, managing, and growing middle-market businesses primarily in the hardware and manufacturing industries. Founded in 2003 and based in New York, New York, Stelaris aims to build significant and enduring companies by capitalizing on their operational experience and strategic understanding of the sectors they target. Recognizing that capital alone doesn't drive success, Stelaris takes an active role in portfolio companies by participating in strategic decisions and collaborating closely with management teams. This partnership approach involves addressing operational, leadership, and financial challenges and opportunities in order to enhance value for stakeholders and communities alike. Stelaris employs a buy-and-build strategy that emphasizes long-term stakeholder value creation, rather than short-term financial engineering, and makes use of a strong network of industry experts for valuable market insights and guidance. This helps the firm ensure strong relationships with vendors, customer satisfaction, protective moats around existing products/services, and positive unit economics, all of which contribute to building lasting businesses. Given the widening knowledge gap faced by many small to medium-sized firms in the US and the difficulties they encounter due to economic, geopolitical, technological, and human capital challenges, Stelaris is focused on offering both capital and domain knowledge to help bridge this gap. They aim to identify sustainable business models that can provide the foundation for long-term employment, which in turn promotes individual growth and community well-being. The firm engages with companies looking for generational transitions, divestitures, or those in stressed situations. Stelaris targets businesses with a minimum revenue of $5M and minimum EBITDA of $1M. Areas of interest include business services that offer technology solutions and sectors where they believe their approach can help nurture and develop companies to compete effectively and responsibly, in-line with their social and financial objectives.