DFX Intelligence
Private Equity Intelligence
Firms, funds, people, portfolio companies and transactions from sworn filings and cited announcements, kept as a graph with a date and a source on every edge. Reported gross assets are never fund size, regulatory AUM is never dry powder, and a deal value prints only when someone disclosed it.
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Firms / S••••••• E••••• A••••••• L••
S••••••• E••••• A••••••• L••
Buyout firm · probableLower middle marketAnn Arbor, MIs•••••••••.comSEC registered investment adviser
S••••••• Equity makes control investments in middle-market businesses with histories of profitability. Targeted portfolio companies often possess balance-sheet, legal, environmental, labor, or transactional complexity causing financial or operational stress.
Classification
- Class
- Buyout firmprobable, confidence 80%
- Basis
- own website statement
- Size band
- Lower middle marketdefined by: proxy: $0.36bn Private Equity Fund GAV on the Form ADV filed 2024-09-10
Classification history (2)
- Sep 18, 2026Buyout firm (probable, 80%, cls-pe-2)own website statement“S••••••• Equity is a private equity firm that makes control investments in middle-market businesses.”speysideequity.com
- Sep 13, 2026Buyout firm (confirmed, 85%, cls-pe-1)R6: 2 of 2 distinct vehicles are sworn Private Equity Funds; 2 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)
- Adviser type
- registered investment adviser
- Form ADV filings
- Mar 31, 2023 to Sep 10, 2024
- RAUM
- $622Mregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 2
- PE fund GAV, latest filing
- $358Mreported gross assets (Form ADV), not fund size
- All private fund GAV
- $358Mevery private fund type, latest filing
- 2024 PE fund GAV
- $358Msum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 100%
- Fund type mix
- filed 2024-09-10, latest gav Private Equity Fund $358M, latest counts Private Equity Fund 2, lifetime distinct Private Equity Fund 2
- Employees
- 3
- Headquarters
- Ann Arbor, MI
- Office address
- 24 FRANK LLOYD WRIGHT DRIVE, SUITE H3225, Ann Arbor, MI, 48105
- Business phone
- 616-502-7731
Stated criteria beside observed behaviour
29 observed deals
Stated by the firm
- Sectors
- manufacturing, distribution
- Geography
- North America
- Revenue
- up to $500M
- EBITDA
- not stated or not yet read
- Enterprise value
- not stated or not yet read
- Equity check
- not stated or not yet read
- Control
- control
- Thesis
- The transaction enables S••••••• to further invest in Reed Minerals’ next growth phase.
Observed from deals on record
- roles
- add on 2, unknown 25, platform 2
- period
- to 2026-08-04, from 2025-01-09, undated holdings 26, dated observations 6
- window
- last 2026-08-04, first 2025-01-09
- control
- control 3, unknown 26
- companies
- 29
- geography
- investments
- 29
- seller kinds
- family 1
- transactions
- 3
- cadence by year
- 2025 add ons 1, platforms 1, 2026 add ons 1
- platform add on
- add ons 2, platforms 2, add ons per platform unknown
- sector known for
- 7
- disclosed value usd
- n 0
- sector distribution
- count 6, share 0.207, value industrial manufacturing, examples Western Industries Plastic Products, United Initiators, Midland Stamping & Fabricating, GSC Technologies Inc, count 1, share 0.034, value specialty distribution, examples U.S. Minerals, Inc.
- holding period years
- n 0
- repeat counterparties
- subsector distribution
- count 4, share 0.138, value plastics rubber products, examples Western Industries Plastic Products, GSC Technologies Inc, F&M Tool & Plastics, Inc, F&M Tool and Plastic, Inc., count 1, share 0.034, value chemical manufacturing, examples United Initiators, count 1, share 0.034, value fabricated metal products, examples Midland Stamping & Fabricating, count 1, share 0.034, value misc durable wholesale, examples U.S. Minerals, Inc.
29 companies on the graph (3 transactions); most in industrial manufacturing (6); 2 platforms and 2 add-ons; observed 2025 to 2026
Funds
2 on record
| Fund | Vehicle | Vintage | Reported gross assets (Form ADV), not fund size | GAV by year | Form D sold | Lifecycle |
|---|---|---|---|---|---|---|
| S••••••• E••••• F••• I• L• ADV: Private Equity Fund | buyout or unlabelled | 2024 first reported on Form ADV | $800,903 as of Sep 10, 2024 | no Form D | Unknown | |
| S••••••• E••••• O••••••••• F••• L• ADV: Private Equity Fund | buyout or unlabelled | 2023 first reported on Form ADV | $357M as of Sep 10, 2024 | no Form D | Unknown |
Team
10 current, 0 former
Partner (6)
- E••• W••••••• · Member · since Jan 1, 2023 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
- E••• W••••••• · Managing Director · start date unknown Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
- K•••• D•••••••• · MANAGING DIRECTOR · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
- K•••• D•••••••• · Member · since Jan 1, 2023 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
- N••• L•••• · Director at GSC and Managing Director · start date unknown Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
- N••• L•••• · Managing Director · start date unknown Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
Principal (1)
- K••• C••• · PRINCIPAL · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Vice president (1)
- S•••• N•••••• · SENIOR ASSOCIATE · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Business development (1)
- K•••• F•• · DIRECTOR OF BUSINESS DEVELOPMENT · start date unknown Investment organization websites (team, portfolio, strategy, criteria, news)
Platform (1)
Portfolio
29 relationships, 2 platforms, 2 add-ons
Transactions
3 on record
| Date | Type | Target | This firm’s role | Source |
|---|---|---|---|---|
| Aug 4, 2026 | Add-on acquisition | U••• M•••••••• I••• | Sponsor (confirmed) | speysideequity.com |
| Jun 9, 2025 | Add-on acquisition | F•• T••• a•• P••••••• I••• | Sponsor (confirmed) | speysideequity.com |
| Jan 9, 2025 | Platform acquisition | G•• T••••••••• I•• | Sponsor (confirmed) | speysideequity.com |
Placement agents, lenders, advisers and co-investors
2 relationships
Placement agents (1)
- G•• S•••••• A•••••••• L•• 1 shared · one time · last Jan 1, 2018
Co-investors (1)
- S••••••• F••• A••••••• L•• 2 shared · recurring · last Aug 4, 2026
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
5 most recent
- Sep 17, 2026GSC Completes Bolt-On Acquisition of F&M T••• and P••••••
- Sep 17, 2026S••••••• Completes Acquisition of GSC
- Aug 4, 2026R••• M••••••• COMPLETES STRATEGIC ACQUISITION OF U.S. MINERALS
- Jan 9, 2025S••••••• Completes Acquisition of GSC
- Mar 31, 2023S••••••• E••••• A••••••• L•• first filed Form ADV in the extract (IA)
Across the graphs
S••••••• E••••• A••••••• L•• 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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