Kinderhook Industries, LLC
Founded in 2003, Kinderhook Industries, LLC is a private investment firm that has raised over $10 billion of committed capital.
- Regulatory AUM
- $11B
- PE fund assets
- $11B
- PE funds
- 12
- Investments held
- 37 of 93
- Deals, last 12 months
- 6
35 additional team members, 19 additional counterparties and placement agents, 109 additional funds, deals and LP commitments, 7 events
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 180 days. Last change: 23 Mar 2026, Filed a Form D on 23 Mar 2026, the first public sign that a vehicle is taking commitments.
People to know
View all people- Managing DirectorWhy: Managing directorPhoneProfile
- Managing DirectorWhy: Managing directorPhoneProfile
- Managing DirectorWhy: Managing directorNo route on file yet
Capital path
who backs this record, through what, into what; each name opens its own path- Kinderhook Capital Waste Cv, L.P.vintage 2025
- Kinderhook Capital Fund 8, L.P.vintage 2024
- UBS Securities LLCplacement agent, 10 shared
- Kirkland & Ellis LLPlegal adviser, 3 shared
- Evercore Partners, LLCplacement agent, 3 shared
Relationship network
171 connected entities6 observed deals2 repeat counterparties5 dated deals shown here, 2026
From announced deals and their parties, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the private equity graph. Dollar figures appear only where a source disclosed one.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the deals and sources behind it. Line weight is deals together; dashed lines are inferred.
- Company
- Service provider
- Fund or vehicle
- Person
›How strength and recency are read
Strength is read from the deals: three or more is a strong observed relationship, two a repeat counterparty, one a single interaction. People and vehicles are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Classification, Form ADV and stated criteria
Classification, Form ADV and stated criteria
How this organization is classified, and on what basisBuyout firm · 2 in historyShowHide
- Class
- Buyout firmconfirmed, confidence 85%
- Basis
- 18 of 18 distinct vehicles are sworn Private Equity Funds; 17 reported gross assets on a filing in 2022 or later
- Size band
- Upper middle marketdefined by: proxy: $11.46bn Private Equity Fund GAV on the Form ADV filed 2026-08-11
- Strategies
- Secondaries
Classification history (2)
- Sep 23, 2026Buyout firm (confirmed, 85%)18 of 18 distinct vehicles are sworn Private Equity Funds; 17 reported gross assets on a filing in 2022 or later
- Sep 13, 2026Buyout firm (confirmed, 85%)15 of 15 distinct vehicles are sworn Private Equity Funds; 14 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)RAUM $11B · 12 PE funds · filed Aug 11, 2026ShowHide
- Adviser type
- Registered investment adviser
- Form ADV filings
- Feb 14, 2012 to Aug 11, 2026
- RAUM
- $11Bregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 12
- PE fund GAV, latest filing
- $11Breported gross assets (Form ADV), not fund size
- All private fund GAV
- $11Bevery private fund type, latest filing
- 2024 PE fund GAV
- $12Bsum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 100%
- Fund type mix
- Private equity fund: 12 funds, $11B reported gross assets, 18 ever reported
- Employees
- 28
- Headquarters
- New York, NY
Stated criteria beside observed behaviour2 of 8 criteria stated · 93 observed dealsShowHide
- Sectors
- Industrials, manufacturing, healthcare, environmental services
- Geography
- not stated or not yet read
- Revenue
- not stated or not yet read
- EBITDA
- not stated or not yet read
- Enterprise value
- not stated or not yet read
- Equity check
- not stated or not yet read
- Control
- not stated or not yet read
- Thesis
- We seek to partner with strong management teams to build market leaders through targeted growth opportunities.
- On record
- 93 companies, 93 holdings, 6 transactions
- Period
- 2026 (12 dated observations, 87 holdings undated)
- Most deals
- Industrial services (5 of 93, e.g. Pete & Pete Container Service and Boyas Recycling & Excavating and Rizzo Environmental Services), industrial manufacturing (4 of 93), healthcare services (1 of 93) and 2 more
- Subsectors
- Miscellaneous manufacturing (4 of 93), waste collection (3 of 93), home health (1 of 93), remediation environmental (1 of 93) and 2 more
- Deal roles
- 4 platforms, 2 add-ons, 1 standalone holding, 86 with role not stated
- Add-ons per platform
- 0.50 add-ons per platform
- Control
- 5 control, 88 not stated
- By year
- 2026: 2 platforms, 2 add-ons, 2 other deals
- Repeat counterparties
- Kirkland & Ellis LLP (legal adviser) on 3 deals
93 companies on the graph (6 transactions); most in industrial services (5); 4 platforms and 2 add-ons; observed 2026 to 2026
Funds
How vehicles are groupedFeeders, parallels, executive funds, alternative investment vehicles and lettered sleeves are folded under the fund they belong to, read from the vehicle names. Deal-by-deal co-investment vehicles are pooled. Current funds come first: families are ordered by vintage, newest first, among those holding at least a twentieth of the largest family’s assets, then by size. The figure is the sum of each vehicle’s latest reported gross assets on Form ADV, not a fund size.Kinderhook Capital Waste Cv · 1 vehicle · vintage 2025$640M
- Kinderhook Capital Waste Cv Continuation vehicle · 2025$640M
Kinderhook Capital Fund 8 · 2 vehicles · vintage 2024$3.4B
- Kinderhook Capital Fund 8 buyout or unlabelled$1.9B
- Kinderhook Capital Fund 8-B Feeder or parallel$1.6B
Decision makers
- Christian Peter Michalik · Managing DirectorWhy this person: Managing director; Named with investment responsibility; Confirmed current on the firm's own site 2026-09-30Business phone and LinkedIn or profile link on file (their bio on the firm's website, firm website), confirmed 2026-09-30, confidence 90%
- Corwynne Carruthers · Managing DirectorWhy this person: Managing director; Named with investment responsibility; Confirmed current on the firm's own site 2026-09-30Business phone and LinkedIn or profile link on file (their bio on the firm's website, firm website), confirmed 2026-09-30, confidence 90%
- Cor Carruthers · Managing DirectorWhy this person: Managing director; Named with investment responsibility
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 2 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Team
Where the team comes fromEach row names its source in short; hover the source for its full description. Sources on this list: SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites); The deal's own announcement page (press release, sponsor, lender or law firm news page); Investment organization websites (team, portfolio, strategy, criteria, news). A person named by two sources under two spellings is shown once, with both sources.- Managing Director · since May 1, 2003
- Managing Director
- Managing Director
Deals
How deals are mergedOne row per deal. A portfolio relationship and a transaction that describe the same deal (the same transaction, or the same company on the same date) are printed once, with the columns of both. 93 portfolio relationships and 6 transactions are on this record.| Date | Company | Deal | This firm’s role | Status | Partner | Source |
|---|---|---|---|---|---|---|
| Jul 20, 2026 | Pete & Pete Container Service and Boyas Recycling & Excavating | Platform acquisition | Sponsor (confirmed) | active held 2 months | Robert Eric Michalik (confirmed) | kinderhook.com |
| Jul 17, 2026 | American Aero | Type not stated | Sponsor (confirmed) | active held 3 months | Nate Druckenmiller (confirmed) | kinderhook.com |
| Jun 10, 2026 | Tower Compactor Rentals add-on to Compactor Rentals of America | Add-on acquisition | Sponsor (confirmed) | active held 4 months | Robert Eric Michalik (confirmed) | kinderhook.com |
Portfolio credit
Where these figures come fromPortfolio companies matched to a BDC borrower by an identity-graded bridge, read from each BDC’s own schedule of investments: the lenders’ marks, their accrual footnotes, PIK and maturities. Observed, never forecast. Firms whose own BDC lends to the company are left out.- Principal held
- $10.1M
- 1 lenders
- Weighted mark
- 100.0
- unchanged on the quarter, same 1
- Non-accrual now
- 0
- 0 placed at Jun 30, 2026
- Marked down
- 0
- 2 pts or more on the quarter
- 1 portfolio company on a BDC schedule at Jun 30, 2026: 0 with ownership stated current, 1 listed on a portfolio page with no date or status.
- Lenders mark them at 100.0 on cost, weighted by principal (1 borrower with a mark inside the plausible band).
- On the 1 borrower marked at both Mar 31, 2026 and Jun 30, 2026, the weighted mark moved 0 points; 0 fell 2 points or more and 0 rose 2 points or more.
- 1 borrower has debt maturing within 12 months as the BDC schedules state it.
- Not counted above: 1 borrower still on a BDC schedule whose ownership by this sponsor is recorded as exited.
Show the credit outlook: 1 borrowers, 1 lenders, 8 quartersas of Jun 30, 2026
1 borrower is in every figure above and named with Private Credit Intelligence.
1 lender is counted here and named with Private Credit Intelligence.
| Quarter end | Held | Principal | Mark | Non-accrual placed | PIK added or up |
|---|---|---|---|---|---|
| Sep 30, 2024 | 1 | $7.3M | 100.0 | 0 | 0 |
| Dec 31, 2024 | 1 | $7.3M | 100.0 | 0 | 0 |
| Mar 31, 2025 | 1 | $7.3M | 100.0 | 0 | 0 |
| Jun 30, 2025 | 1 | $10.1M | 100.0 | 0 | 0 |
| Sep 30, 2025 | 1 | $10.1M | 100.0 | 0 | 0 |
| Dec 31, 2025 | 1 | $10.1M | 100.0 | 0 | 0 |
| Mar 31, 2026 | 1 | $10.1M | 100.0 | 0 | 0 |
| Jun 30, 2026 | 1 | $10.1M | 100.0 | 0 | 0 |
A look back at today’s portfolio companies, not a record of what the sponsor owned then. Mark is fair value over cost across every position inside the plausible band.
- A mark is the lender's own fair value over cost for the quarter. Below 90 means the lender carries the loan at a discount of 10 or more on the dollar; it is that lender's valuation, not DFX's.
- Two lenders on the same facility 10 points apart are valuing the same loan differently; which one is right is not something a schedule of investments says.
- Non-accrual is read from the BDC's own footnote, never inferred from a mark. PIK is interest the borrower pays in more debt rather than cash.
- No forecast is made here. DFX does not publish a default or distress prediction for a sponsor.
Population: portfolio companies matched to a BDC borrower by an identity-graded bridge, on a BDC schedule of investments at Jun 30, 2026, ownership not recorded as exited. Firms whose own BDC lends to the company, and private credit managers, are left out: that is lending, not ownership. Marks, principal and accrual status are the BDCs' own filed figures; the quarter before is Mar 31, 2026.
Placement agents, lenders, advisers and co-investors
- UBS Securities LLC 10 shared · very strong · last Mar 23, 2026
- Evercore Partners, LLC 3 shared · strong · last Jan 1, 2024
- Kirkland & Ellis LLP 3 shared · strong · last Jul 20, 2026
Placement agents by fund generation
| Agent | Funds | Years | Strategies | Latest generation |
|---|---|---|---|---|
| Jefferies LLC | 1 | vintage 2025 | Cv | on it |
| Evercore Partners, LLC | 3 | vintages 2020 to 2024 | not stated | on it |
| Aviditi Financial, LLC | 2 | vintage 2024 | Co-Invest | on it |
From Form ADV Schedule D, which names the placement agents on each private fund an adviser reports, year by year.
LP commitments
How LPs are totalledOne line per LP, largest disclosed total first. A commitment that the same LP reports again in a later document is counted once in its total; both documents stay in the full list. Rows repeated line for line from one document are shown once.Events
- Aug 28, 2026Bestop Acquires the ReadyLIFT, TeraFlex, Falcon, and LOGIQ Suspension Brands, Plus Smittybilt
- Aug 27, 2026Kinderhook Announces the Sale of Kingwire to OmniCable
- Aug 11, 2026Kinderhook Industries, LLC: Private Equity Funds on Form ADV 13 (2024 extract) -> 12 (roster 2026-09-01)
- Jul 20, 2026Building Northeast Ohio’s C&D Platform: Kinderhook Acquires Pete & Pete Container Service and Boyas Recycling
Kinderhook Industries, LLC is the same institution as 4 records in Allocators, Independent Sponsors, RIA and Wealth and Private Credit.
DFX found 4 relationships across 4 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Kinderhook Industries, LLC sits on 7 traced paths of capital across the graphs.
DFX traced 7 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Fits
- Buyer for a companyscore 24.3confidence 35%Why: observed subsector dealsWhy now: sponsor fund active deployment; sponsor fund early deployment
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.
Record history
- Firm news2026-08-28source on record
- Firm news2026-08-27source on record
- PE fund count changed2026-08-11source on record
+19 more changes on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.