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Private equityFirmbuyoutlower middle market

Brass Ring Capital, Inc.

Private Equity

Minnetonka, MN

Brass Ring Capital is a private investment firm dedicated to investing in established, privately-held businesses in foundational sectors of the American

This is the graph view. The full profile, with its team, deals and sources, is on Private Equity.Open the full profile →

Search this name across graphsid dfx:pe:192b99a2-77b9-45ba-869f-f5a0ee59148f

Data as of Sep 21, 2026 (this record's last observation) from federal regulator filings, firm and issuer disclosures. Page built Sep 21, 2026, 9:58 PM UTC and rebuilt at most every 15 minutes.

Relationships: 26
Dated events: 12
On other graphs: 2
Observed: Sep 13, 2026 to Sep 21, 2026
36 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Independent Sponsorsidentity

Brass Ring Capital, Inc.

Capital provider to sponsors · shared crd

RIA / Wealth Managementidentity

BRASS RING CAPITAL, INC.

Registered adviser · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Funds: 4
PE funds: 4
Vintages: 2019 to 2024
PE GAV, 2024 filing: $36.5Mgross asset value on Form ADV; never dry powder
Investments: 19
Active investments: 19
Size band: LOWER MIDDLE MARKETderivedproxy: $0.04bn Private Equity Fund GAV on the Form ADV filed 2024-03-11
Stated sectors: business_services,industrials,manufacturing,technology
Stated EBITDA range: $1.0M to $5.0M
Latest ADV filing: Mar 11, 2024
Website: brassringcapital.com

Funds

Fund	Vintage	Lifecycle	ADV type	Form D sold	GAV
Pcrii Liquidating Trust	2024	Unknown	Private Equity Fund	n/a	$413,893
Walleye Capital Partners, L.P.	2019	Harvest	Private Equity Fund	n/a	$36.1M
Renovare Capital Partners, L.P.	n/a	Wound down	Private Equity Fund	n/a	$0
RCP Fund II Ai, LP	n/a	Wound down	Private Equity Fund	n/a	$7.9M

Investments

Company	State	Role	Control	Invested	Exited	Status
Aesc	n/a	Add on	control	Dec 24, 2025	n/a	active
Creative Learning Systems	n/a	unknown	unknown	n/a	n/a	active
Portu-Sunberg Marketing	n/a	unknown	unknown	n/a	n/a	active
RIE Coatings	n/a	unknown	unknown	n/a	n/a	active
DPIS Builder Services	n/a	unknown	unknown	n/a	n/a	active
Classic Brands	n/a	unknown	unknown	n/a	n/a	active
Franklin Energy Services	n/a	unknown	unknown	n/a	n/a	active
American Finishing Resources	n/a	unknown	unknown	n/a	n/a	active
IGC Technologies	n/a	unknown	unknown	n/a	n/a	active
Infinity Precision Systems	n/a	unknown	unknown	n/a	n/a	active
Harvest Valuations	n/a	unknown	unknown	n/a	n/a	active
Madden Media	n/a	unknown	unknown	n/a	n/a	active
Acterra Group	n/a	unknown	unknown	n/a	n/a	active
CRI Environmental Solutions	n/a	unknown	unknown	n/a	n/a	active
XeteX	n/a	unknown	unknown	n/a	n/a	active
Elenco Electronics	n/a	unknown	unknown	n/a	n/a	active
Summit Drilling	n/a	unknown	unknown	n/a	n/a	active
SentriForce	n/a	unknown	unknown	n/a	n/a	active
Franklin Energy	n/a	platform	unknown	n/a	n/a	active

Relationships

Invested in (19)

→ Franklin EnergyCompanyplatform
factNews and newswire
→ AESCCompanyAdd on
Dec 24, 2025 to presentfactNews and newswire
→ SentriForceCompanyunknown
factThe subject's own site
→ Creative Learning SystemsCompanyunknown
factThe subject's own site
→ Portu-Sunberg MarketingCompanyunknown
factThe subject's own site
→ RIE CoatingsCompanyunknown
factThe subject's own site
→ DPIS Builder ServicesCompanyunknown
factThe subject's own site
→ Classic BrandsCompanyunknown
factThe subject's own site
→ Franklin Energy ServicesCompanyunknown
factThe subject's own site
→ American Finishing ResourcesCompanyunknown
factThe subject's own site
→ IGC TechnologiesCompanyunknown
factThe subject's own site
→ Infinity Precision SystemsCompanyunknown
factThe subject's own site
→ Harvest ValuationsCompanyunknown
factThe subject's own site
→ Madden MediaCompanyunknown
factThe subject's own site
→ Acterra GroupCompanyunknown
factThe subject's own site
→ CRI Environmental SolutionsCompanyunknown
factThe subject's own site
→ XeteXCompanyunknown
factThe subject's own site
→ Elenco ElectronicsCompanyunknown
factThe subject's own site
→ Summit DrillingCompanyunknown
factThe subject's own site

Employs (3)

→ David James RaffelPersonCfo
May 1, 2011 to presentfactForm ADV
→ William L. GrindellPersonManaging Director
Apr 1, 2012 to presentfactForm ADV
→ Steven David PetersonPersonChief Marketing Officer
May 1, 2011 to Feb 21, 2019inferenceForm ADV

Manages (4)

→ Pcrii Liquidating TrustFundPrivate Equity Fund
Mar 11, 2024 to presentfactForm ADV
→ Renovare Capital Partners, L.P.FundPrivate Equity Fund
Mar 14, 2012 to presentfactForm ADV
→ RCP Fund II Ai, LPFundPrivate Equity Fund
Mar 14, 2012 to presentfactForm ADV
→ Walleye Capital Partners, L.P.FundPrivate Equity Fund
Feb 21, 2019 to presentfactForm ADV

Dated events

8 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Dec 24, 2025
Transaction announced
Franklin Energy Acquires AESC, Unleashing a New Era of Clean Energy Leadership
News and newswireobserved today
Occurred
Feb 21, 2019
Person left
Steven David Peterson (Chief Marketing Officer) no longer on Schedule A of Brass Ring Capital, Inc.
Form ADVobserved 8 days ago
Occurred
Apr 1, 2012
Person joined
William L. Grindell joined Schedule A of Brass Ring Capital, Inc. as Vice President
Form ADVobserved 8 days ago
Occurred
Mar 14, 2012
Adviser first adv filing
Brass Ring Capital, Inc. first filed Form ADV in the extract (ERA)
Form ADVobserved 8 days ago

Show 8 bookkeeping events

First seen by DFX
Sep 17, 2026
date not stated
Brass Ring Capital Fund III Closing Announcement
Occurred
Mar 30, 2026
Brass Ring Capital, Inc.: Private Equity Funds on Form ADV 2 (2024 extract) -> 1 (roster 2026-09-01)
Occurred
Mar 11, 2024
Pcrii Liquidating Trust first reported on Form ADV by Brass Ring Capital, Inc. (Private Equity Fund), GAV $413,893
Occurred
Mar 11, 2024
Fund 805-9018355652 no longer reported on Form ADV by Brass Ring Capital, Inc.
Occurred
Feb 21, 2019
Walleye Capital Partners, L.P. first reported on Form ADV by Brass Ring Capital, Inc. (Private Equity Fund), GAV $50,000,000
Occurred
Feb 23, 2016
Fund 805-6357987426 no longer reported on Form ADV by Brass Ring Capital, Inc.
Occurred
Mar 14, 2012
Renovare Capital Partners, L.P. first reported on Form ADV by Brass Ring Capital, Inc. (Private Equity Fund), GAV $7,000,000
Occurred
Mar 14, 2012
RCP Fund II Ai, LP first reported on Form ADV by Brass Ring Capital, Inc. (Private Equity Fund), GAV $28,000,000

Who to call

the organisation, the role and the published line, with the filing or website that published it; revealed to signed-in accounts

The firm's published line

Revealable: 1 business phone (Form ADV), 1 office address (Form ADV), 1 website (Form ADV), 3 work emails (firm website) · as of 2026-09-17

Also named here, with no published line of their own (reach them through the firm): David James Raffel (Cfo), William L. Grindell (Managing Director).

Who to call is the organisation, the person's role and the line they published themselves: a business phone, office address, website or profile link from Form ADV, Form 13F or their own website, with that source named on every value. The counts above are what a reveal returns; a personal email is rarely published, so most reveals are the firm's line. Never data bought from a provider, never anything personal. Reveals by plan

Provenance

Graph: Private Equity
Canonical id: dfx:pe:192b99a2-77b9-45ba-869f-f5a0ee59148f
First observed: Sep 13, 2026
Last observed: Sep 21, 2026 2 h ago
Source families: Federal regulator filings, Firm and issuer disclosures
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

Brass Ring Capital, Inc.

Private Equity

Minnetonka, MN

Brass Ring Capital is a private investment firm dedicated to investing in established, privately-held businesses in foundational sectors of the American

This is the graph view. The full profile, with its team, deals and sources, is on Private Equity.Open the full profile →

Search this name across graphsid dfx:pe:192b99a2-77b9-45ba-869f-f5a0ee59148f

Data as of Sep 21, 2026 (this record's last observation) from federal regulator filings, firm and issuer disclosures. Page built Sep 21, 2026, 9:58 PM UTC and rebuilt at most every 15 minutes.