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S•••••••• P•••••••

Buyout firmClassification probableLower middle marketSEC registered investment adviser· Houston, TXs•••••••••.com

••• Locked

Regulatory AUM
$157M
Form ADV
PE fund assets
$100M
Form ADV
PE funds
1
Form ADV
Investments held
1 of 21
DFX transaction tape
Deals, last 12 months
1
DFX transaction tape
As of · identity and classification; each section below carries its own date
Classification
How this organization is classified, and on what basisBuyout firm · 3 in historyShow
Class
Buyout firmprobable, confidence 80%
Basis
own website statement
Size band
Lower middle marketdefined by: proxy: $0.10bn Private Equity Fund GAV on the Form ADV filed 2024-01-17
Classification history (3)
  1. Sep 18, 2026
    Buyout firm (probable, 80%, cls-pe-2)
    own website statement
    ••• Locked
    s•••••••••.com
  2. Sep 13, 2026
    Hybrid manager (probable, 65%, cls-pe-1)
    R4: Private Equity Funds are 0 of 1 distinct vehicles; hedge, securitized or liquidity vehicles 0
  3. Sep 13, 2026
    Buyout firm (probable, 65%, cls-pe-1)
    R6: 1 of 1 distinct vehicles are sworn Private Equity Funds; 1 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)
Adviser type
registered investment adviser
Form ADV filings
Aug 18, 2023 to Mar 24, 2026
RAUM
$157Mregulatory assets under management of the adviser; not dry powder, not a fund size
PE funds, latest filing
1
PE fund GAV, latest filing
$100Mreported gross assets (Form ADV), not fund size
All private fund GAV
$157Mevery private fund type, latest filing
2024 PE fund GAV
$100Msum over funds typed Private Equity Fund with a 2024 or later as-of date
PE share of funds, lifetime
100%
Fund type mix
filed 2024-01-17, latest gav Private Equity Fund $100M, latest counts Private Equity Fund 1, lifetime distinct Private Equity Fund 1
Employees
5
Headquarters
Houston, TX
Office address
••• Locked
Business phone
••• Locked
Stated criteria beside observed behaviour
20 observed deals
Stated by the firm
Sectors
not stated or not yet read
Geography
not stated or not yet read
Revenue
not stated or not yet read
EBITDA
from $5.0M
Enterprise value
from $25.0M
Equity check
$10.0M to $20.0M
Control
not stated or not yet read
Thesis
••• Locked
Observed from deals on record
roles
unknown 19, platform 2
period
to 2026-07-08, from 2024-11-01, undated holdings 19, dated observations 4
window
last 2026-07-08, first 2024-11-01
control
control 2, unknown 19
companies
20
geography
count 1, share 0.05, value LA
investments
21
seller kinds
transactions
2
cadence by year
2024 platforms 1, 2026 platforms 1
platform add on
add ons 0, platforms 2, add ons per platform unknown
sector known for
2
disclosed value usd
n 0
sector distribution
count 1, share 0.05, value industrial services, examples Submar, LLC, count 1, share 0.05, value financial services, examples VRGL
holding period years
n 0
repeat counterparties
subsector distribution
count 1, share 0.05, value remediation environmental, examples Submar, LLC, count 1, share 0.05, value financial services, examples VRGL

20 companies on the graph (2 transactions); most in industrial services (1); 2 platforms and 0 add-ons; observed 2024 to 2026

Funds
1 on record
FundVehicleVintageReported gross assets (Form ADV), not fund sizeGAV by yearForm D soldLifecycle
S•••••••• P••••••• F•••• L•
ADV: Private Equity Fund
buyout or unlabelled2024
first reported on Form ADV
$100M
as of Jan 17, 2024
no Form DUnknown
Team
5 current, 0 former
Portfolio
21 relationships, 2 platforms, 0 add-ons
CompanyRoleStatusInvestedHeldPartnerSource
S•••••• L••PlatformexitedJul 8, 2026
transaction announcement
3 monthsunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
S•••••• L••PlatformactiveJul 8, 2026
transaction announcement
3 monthsK••• B••••••••• (confirmed)Fact Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
A••••••• S••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
C••• M••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
E••••• C••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
E•••••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
G••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
G•••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
M•••••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
N••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
P••••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
R••••• O••••••••• C•••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
R••• E•••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
R••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
S•••••••• C••••••••• F••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
T••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
T• W•••••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
T••••• T•••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
V•••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
V•••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
W•••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
Transactions
2 on record
DateTypeTargetThis firm’s roleSource
Jul 8, 2026Platform acquisitionS•••••• L••Sponsor (confirmed)prnewswire.com
Nov 1, 2024Platform acquisitionS•••••• L••Sponsor (confirmed)s•••••••••.com
Placement agents, lenders, advisers and co-investors
0 relationships
No counterparty collected yet. These are counted from transactions that name both this firm and the other party, and from placement agents on this firm’s funds.
LP commitments
0 disclosed
No LP commitment collected yet. An LP edge needs a public disclosure with a quote, such as a pension plan’s report or an announcement naming the LP.
Events
6 most recent
Across the graphs

S•••••••• P••••••• is the same institution as 2 records in Independent Sponsors and RIA and Wealth.

Independent Sponsors1RIA and Wealth1

Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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