OFS Capital Corporation

What is OFS Capital Corporation?

OFS Capital Corporation, operating under the brand name Milton Street Capital, is a private equity firm based in Houston, Texas, with profound emphasis on the industrial lower middle market in North America. The firm is renowned for focusing on control investments, and their investment thesis is built around generating market-leading returns by transforming lower middle market industrial companies into sustainably great businesses.

They achieve this through hands-on engagement in strategy, human capital, and commercial and operational improvements.

Founded in 2016 by a team with over a decade of collective experience at a large institutional private equity fund manager, Milton Street Capital addresses the limitations of traditional private equity models by prioritizing investments in smaller companies where structured value creation programs can have a significant impact.

With over 150 years of cumulative investment experience, the team of 12 professionals at Milton Street Capital has completed 31 platform acquisitions and invested $1.1 billion in equity. Their differentiated investment model relies on strategic operational focus rather than passive investments, collaborating with robust management teams to foster transformative change.

They pride themselves on their core values which include transparency, integrity, respect, great decision-making through thoughtful dissent, the broad sharing of wealth creation, and a promotion of diversity in experiences, skills, and thinking. Milton Street Capital specializes in complex transactions, aligning with management to craft strategies and improve people and processes, before spearheading commercial and operational enhancements.

Their approach is encapsulated in a proven value creation playbook, which is the cornerstone of their investment strategy. The sectors they target include Software, IT & TMT, BioTech, Business Solutions, FinTech & Financial Services, HealthTech & Fitness, Logistics & Distribution, Material Science, and Aerospace & Defense.

Their expertise lies in equity investments, specifically within the private equity fund structure.