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Private equityFirmbuyoutlower middle market

Madison River Capital LLC

Private Equity

New York, NY

Madison River Capital is a private equity investment firm dedicated to partnering with businesses while providing strategic capital and operational resources to help businesses overcome growth hurdles and achieve long-term success.

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:b3d2157a-a514-4694-b3c9-b44156820b4b

Data as of Sep 17, 2026 (this record's last observation) from federal regulator filings, firm and issuer disclosures. Page built Sep 21, 2026, 5:19 PM UTC and rebuilt at most every 15 minutes.

Relationships: 26
Dated events: 6
On other graphs: 4
Observed: Sep 13, 2026 to Sep 17, 2026
36 observations

Across DFX

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

Family Officesidentity

Madison River Capital LLC

Family office · shared crd

Independent Sponsorsidentity

Madison River Capital LLC

Capital provider to sponsors · shared crd

Venture Capitalidentity

Madison River Capital LLC

Venture manager · shared crd

RIA / Wealth Managementidentity

MADISON RIVER CAPITAL LLC

Registered adviser · shared crd

Facts

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

Funds: 3
PE funds: 3
Vintages: 2022 to 2023
PE GAV, 2024 filing: $177Mgross asset value on Form ADV; never dry powder
Regulatory AUM: $1.3B
Investments: 6
Active investments: 0
Size band: LOWER MIDDLE MARKETderivedproxy: $0.18bn Private Equity Fund GAV on the Form ADV filed 2024-03-27
Stated EBITDA range: $5.0M to $50.0M
Stated control: control
Latest ADV filing: Mar 27, 2024
Employees (ADV): 11
Website: mrivercapital.com

Funds

Fund	Vintage	Lifecycle	ADV type	Form D sold	GAV
Madison River Capital I-B, L.P.	2023	Unknown	Private Equity Fund	n/a	$2.5M
Madison River Capital I-A, L.P.	2023	Unknown	Private Equity Fund	n/a	$174M
Follett Acquisition LP	2022	Unknown	Private Equity Fund	n/a	$835M

Investments

Company	State	Role	Control	Invested	Exited	Status
Industrial Services MRC	n/a	unknown	unknown	n/a	n/a	unknown
Business Services MRC	n/a	unknown	unknown	n/a	n/a	unknown
Healthcare Services MRC	n/a	unknown	unknown	n/a	n/a	unknown
Business Services Predecessor Firm \| Current Investment*	n/a	unknown	unknown	n/a	n/a	unknown
Healthcare Services Predecessor Firm \| Current Investment*	n/a	unknown	unknown	n/a	n/a	unknown
Healthcare Services Predecessor Firm \| Realized Investment*	n/a	unknown	unknown	n/a	n/a	unknown

Relationships

Employs (15)

→ Robert BarthelmesPersonOperating Advisor, Enterprise Technology
factThe subject's own site
→ Beate BellinaPersonExecutive Assistant / Office Manager
factThe subject's own site
→ David Martin WittelsPersonManaging Partner And President
Feb 1, 2016 to presentfactForm ADV, The subject's own site
→ Richard DresdalePersonPartner
factThe subject's own site
→ Michael SommaPersonPartner
factThe subject's own site
→ Matthew ClancyPersonManaging Director
factThe subject's own site
→ Aaron HazanPersonPrincipal
factThe subject's own site
→ Adam CohenPersonPrincipal
factThe subject's own site
→ Ari CepelewiczPersonVice President
factThe subject's own site
→ Ben OrdonezPersonAnalyst
factThe subject's own site
→ Derek IrwinPersonSenior Managing Partner, Chief Financial Officer And Chief Compliance Officer
Feb 1, 2022 to presentfactForm ADV, The subject's own site
→ Jeffrey WinterPersonSenior Managing Director, Operating Partner, Healthcare
factThe subject's own site
→ Kenneth BrownPersonSenior Managing Director, Operating Partner, Industrials
factThe subject's own site
→ Jennifer Steeves-KissPersonOperating Advisor, Digital Marketing
factThe subject's own site
→ Grace NilandPersonOperating Advisor, Human Resources & Talent Acquisition
factThe subject's own site

Invested in (6)

→ Business Services Predecessor Firm | Current Investment*Companyunknown
factThe subject's own site
→ Healthcare Services Predecessor Firm | Realized Investment*Companyunknown
factThe subject's own site
→ Industrial Services MRCCompanyunknown
factThe subject's own site
→ Business Services MRCCompanyunknown
factThe subject's own site
→ Healthcare Services MRCCompanyunknown
factThe subject's own site
→ Healthcare Services Predecessor Firm | Current Investment*Companyunknown
factThe subject's own site

Manages (3)

→ Follett Acquisition LPFundPrivate Equity Fund
Mar 30, 2022 to presentfactForm ADV
→ Madison River Capital I-A, L.P.FundPrivate Equity Fund
Mar 22, 2023 to presentfactForm ADV
→ Madison River Capital I-B, L.P.FundPrivate Equity Fund
Mar 22, 2023 to presentfactForm ADV

Dated events

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

Occurred
Feb 1, 2022
Person joined
Derek Irwin joined Schedule A of Madison River Capital LLC as Senior Managing Director And Chief Financial Officer
Form ADVobserved 7 days ago
Occurred
Jan 3, 2017
Adviser first adv filing
Madison River Capital LLC first filed Form ADV in the extract (ERA)
Form ADVobserved 7 days ago

Show 4 bookkeeping events

Occurred
Mar 27, 2026
Madison River Capital LLC: Private Equity Funds on Form ADV 2 (2024 extract) -> 5 (roster 2026-09-01)
Occurred
Mar 22, 2023
Madison River Capital I-A, L.P. first reported on Form ADV by Madison River Capital LLC (Private Equity Fund), GAV $170,000,000
Occurred
Mar 22, 2023
Madison River Capital I-B, L.P. first reported on Form ADV by Madison River Capital LLC (Private Equity Fund)
Occurred
Mar 30, 2022
Follett Acquisition LP first reported on Form ADV by Madison River Capital LLC (Private Equity Fund)

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), 1 work email (firm website) · as of 2026-09-17

Robert Barthelmes
Operating Advisor, Enterprise Technology · Revealable: 1 professional profile (firm website)
Beate Bellina
Executive Assistant / Office Manager · Revealable: 1 professional profile (firm website), 1 work email (firm website)
David Martin Wittels
Managing Partner And President · Revealable: 1 professional profile (firm website), 1 work email (firm website)
Richard Dresdale
Partner · Revealable: 1 professional profile (firm website), 1 work email (firm website)
Michael Somma
Partner · Revealable: 1 professional profile (firm website), 1 work email (firm website)
Matthew Clancy
Managing Director · Revealable: 1 professional profile (firm website), 1 work email (firm website)
Aaron Hazan
Principal · Revealable: 1 professional profile (firm website), 1 work email (firm website)
Adam Cohen
Principal · Revealable: 1 professional profile (firm website), 1 work email (firm website)
Ari Cepelewicz
Vice President · Revealable: 1 professional profile (firm website), 1 work email (firm website)
Ben Ordonez
Analyst · Revealable: 1 professional profile (firm website)
Derek Irwin
Senior Managing Partner, Chief Financial Officer And Chief Compliance Officer · Revealable: 1 professional profile (firm website), 1 work email (firm website)
Jeffrey Winter
Senior Managing Director, Operating Partner, Healthcare · Revealable: 1 professional profile (firm website), 1 work email (firm website)
Kenneth Brown
Senior Managing Director, Operating Partner, Industrials · Revealable: 1 professional profile (firm website), 1 work email (firm website)
Jennifer Steeves-Kiss
Operating Advisor, Digital Marketing · Revealable: 1 professional profile (firm website), 1 work email (firm website)
Grace Niland
Operating Advisor, Human Resources & Talent Acquisition · Revealable: 1 professional profile (firm website), 1 work email (firm website)

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:b3d2157a-a514-4694-b3c9-b44156820b4b
First observed: Sep 13, 2026
Last observed: Sep 17, 2026 4 days 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.

Madison River Capital LLC

Private Equity

New York, NY

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:b3d2157a-a514-4694-b3c9-b44156820b4b

Data as of Sep 17, 2026 (this record's last observation) from federal regulator filings, firm and issuer disclosures. Page built Sep 21, 2026, 5:19 PM UTC and rebuilt at most every 15 minutes.

Fund

Vintage

Lifecycle

ADV type

Form D sold

GAV

LPs

Madison River Capital I-B, L.P.

2023

Unknown

Private Equity Fund

n/a

$2.5M

Madison River Capital I-A, L.P.

2023

Unknown

Private Equity Fund

n/a

$174M

Follett Acquisition LP

2022

Unknown

Private Equity Fund

n/a

$835M

Company

State

Role

Control

Invested

Exited

Status

Industrial Services MRC

n/a

unknown

n/a

unknown

Business Services MRC

n/a

unknown

n/a

unknown

Healthcare Services MRC

n/a

unknown

n/a

unknown

Business Services Predecessor Firm | Current Investment*

n/a

unknown

n/a

unknown

Healthcare Services Predecessor Firm | Current Investment*

n/a

unknown

n/a

unknown

Healthcare Services Predecessor Firm | Realized Investment*

n/a

unknown

n/a

unknown