Wilsquare Capital LLC

CandidateSEC-registered adviser· St. Louis, MissouriWILSQUARE.COM

WILsquare Capital is a St. Louis-based private equity firm focused on acquiring and growing lower-middle market businesses in the Midwest and Southern U.S., with an emphasis on business services, niche manufacturing, distribution and technology companies.

In the firm's own words, from its website.

Reported fund assets
$145M
sum of its funds' Form ADV filings, last 30 months
Investment team
6
Latest vintage
2020
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsFundsInvestmentsTeam (8)
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

4 additional team members, 1 event, 10 verified contacts (5 published business email, 3 professional url, 1 general firm email, 1 firm phone)

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.

People to know

View all people
  • Bill Willhite
    Managing Partner
    Why: Managing partner: runs the firm
    Profile
  • William L. Willhite
    Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • Andrew Scharf
    Managing Director
    Why: Managing director
    No route on file yet

Relationship network

9 connected entities

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Fund or vehicle
  • Person

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people 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.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Wilsquare Capital LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Wilsquare Capital LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

0 companies on record, 0 new in 12 months
Investments on record
0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
industrial
Stages
not stated or not yet read
Geography
midwest
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors: no observed deals yet
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

8 current, 0 departed
Decision makers
who to call first, and why; then everyone else by function
  • Bill Willhite · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
    LinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
  • William L. Willhite · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Andrew Scharf · Managing Director
    Why 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. 1 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.

Investment team
8 current, 0 departed
Contacts
1 general firm email, 5 published business email, 1 firm phone, 3 professional url

1 general firm email, 5 published business email, 1 firm phone, 3 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

3 vehicles, 0 LPs disclosed
Funds and vehicles
3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Wilsquare Capital Partners Fund II, L.P.Fund · ADV: Private Equity Fund2020 adv first reportedMature$145M
Mar 9, 2026
43unknownunknown
Wilsquare Capital LLCFund2019 form d first saleMatureunknownunknown$165MMar 7, 2019
Wilsquare Capital Partners Fund I, L.P.Fund · ADV: Private Equity FundunknownUnknown$148,831
Mar 9, 2026
5unknownunknown
Limited partners
0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Known LPs and allocators
0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

0 co-investors · on 5 other DFX graphs
Co-investors
0 counted from shared deals, for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Across DFX and the capital chainon 5 other DFX graphs Show
Across DFX
  • Sponsor-market profile (matched by same CRD)
  • The same institution is held on RIA and Wealth, Allocators, Independent Sponsors, Private Equity, Private Credit, matched by identifier. See which records
Across the graphs

Wilsquare Capital LLC is the same institution as 5 records in RIA and Wealth, Allocators, Independent Sponsors, Private Equity and Private Credit.

RIA and Wealth1Allocators1Independent Sponsors1Private Equity1Private Credit1

DFX found 5 relationships across 5 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…

Evidence and history

6 dated events, 89 observations from 4 sources
Timeline
6 dated events
  1. seen on or beforeSep 24, 2026
    Wilsquare Capital LLC: PE_WITH_VENTURE_ACTIVITY -> CANDIDATE_VC (no sworn venture fact yet (name or round mention only))
    Classification changedClassificationInferenceno URL
  2. Jan 23, 2020
    Wilsquare Capital Partners Fund II, L.P. first reported on Form ADV by Wilsquare Capital LLC (Private Equity Fund), GAV $186,937,170
    Fund first reported on Form ADVFundsFactWilsquare Capital Partners Fund II, L.P.Form ADV
  3. Jan 1, 2020
    Kathy Ann Kristof-Chapman joined Schedule A of Wilsquare Capital LLC as Chief Compliance Officer & Controller
    Person joinedPeopleFactKathy Ann Kristof-ChapmanForm ADV
  4. Mar 7, 2019
    WILsquare Capital Partners Fund II, L.P. filed Form D: $164,500,000 sold (indefinite offering), Private Equity Fund
    Form D filedFundraisingFactForm D
  5. Apr 26, 2018
    Wilsquare Capital LLC first filed Form ADV (ERA)
    First SEC adviser filingOrganizationFactForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 9, 2026 · 2 private fundsShow
Headquarters
St. Louis, MOadviserinfo.sec.gov
Office address
unknownsec.gov
Business phone
unknownadviserinfo.sec.gov
Website
WILSQUARE.COM
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 9, 2026
Private funds reported
2 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$145Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$181Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
11
Classification history
Every classification this record has carried2 on recordShow
  1. Sep 24, 2026
    Candidate (candidate, 50%)
    No sworn venture fact yet (name or round mention only)
  2. Sep 12, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 0% of 2 private funds
Evidence
89 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeRegistered investment adviserMar 9, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 25, 2024FactForm ADV
First Form ADV filing2018-04-26Mar 9, 2026FactForm ADV
First Form ADV filing2018-04-26Mar 25, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-09Mar 9, 2026FactForm ADV
Latest Form ADV filing2024-03-25Mar 25, 2024FactForm ADV
Venture share of reported funds0Mar 9, 2026FactForm ADV
Venture share of reported funds0Mar 25, 2024FactForm ADV
Business phoneMar 25, 2024FactForm ADV
Contact page urlOct 1, 2026Factno URL
Contact page urlSep 16, 2026Factno URL
DescriptionOct 1, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 15, 2026Factno URL
Employees11Mar 25, 2024FactForm ADV
Entity typeLimited PartnershipFactForm D
Entity typeLimited PartnershipMar 7, 2019FactForm D
Form D fund typePrivate Equity FundFactForm D
Form D fund typePrivate Equity FundMar 7, 2019FactForm D
Form D industry groupPooled Investment FundFactForm D
Form D industry groupPooled Investment FundMar 7, 2019FactForm D
AmendmentfalseFactForm D
AmendmentfalseMar 7, 2019FactForm D
Revenue range (Form D)Not ApplicableFactForm D
Revenue range (Form D)Not ApplicableMar 7, 2019FactForm D
HeadquartersSt. Louis, MOMar 25, 2024FactForm ADV
IncorporatedwithinFiveYearsFactForm D
IncorporatedwithinFiveYearsMar 7, 2019FactForm D
JurisdictionDelawareFactForm D
JurisdictionDelawareMar 7, 2019FactForm D
Amount sold (Form D)164,500,000FactForm D
Amount sold (Form D)164,500,000Mar 7, 2019FactForm D
Exemptions06b, 3C, 3C.7FactForm D
Exemptions06b, 3C, 3C.7Mar 7, 2019FactForm D
First sale2019-02-28FactForm D
First sale2019-02-28Mar 7, 2019FactForm D
Indefinite offeringtrueFactForm D
Indefinite offeringtrueMar 7, 2019FactForm D
Investors (Form D)37FactForm D
Investors (Form D)37Mar 7, 2019FactForm D
Minimum investment (Form D)0FactForm D
Minimum investment (Form D)0Mar 7, 2019FactForm D
Securities offeredpooledFactForm D
Securities offeredpooledMar 7, 2019FactForm D
Office addressFactForm D
Office addressMar 25, 2024FactForm ADV
Office addressMar 7, 2019FactForm D
Portfolio pageOct 1, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 15, 2026Factno URL
Private funds reported2Mar 9, 2026FactForm ADV
Private funds reported2Mar 25, 2024FactForm ADV
Private fund gross assets (reported)$145MMar 9, 2026FactForm ADV
Private fund gross assets (reported)$130MMar 25, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$181MMar 25, 2024FactForm ADV
Stated geographymidwest
“geography words on the home page”
Oct 1, 2026Factno URL
Stated geographymidwest
“geography words on the home page”
Sep 16, 2026Factno URL
Stated geographymidwest
“geography words on the home page”
Sep 15, 2026Factno URL
Stated sectorsindustrial
“sector words on the home page”
Oct 1, 2026Factno URL
Stated sectorsindustrial
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsindustrial
“sector words on the home page”
Sep 15, 2026Factno URL
Team pageOct 1, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 15, 2026Factno URL
Venture funds reported0Mar 9, 2026FactForm ADV
Venture funds reported0Mar 25, 2024FactForm ADV
WebsiteMar 25, 2024FactForm ADV
Site titleOct 1, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 15, 2026Factno URL
Year of incorporation2018FactForm D
Year of incorporation2018Mar 7, 2019FactForm D
How this is scored
Scores, classification basis and filing advisersCandidate, candidateShow
Importance
5
low
Active deployment
0
low
Emerging
0
low
Freshness
100
high
CandidateSEC registered investment adviser

No sworn venture fact yet (name or round mention only)

The inputs behind each score
importance
gav: 0 · funds: 0.08 · people: 0.24 · investments: 0 · scale basis: Venture-typed funds only (Candidate): 1 fund, $0M of $145M reported · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 3 · reported gav: $145M · first adv filing: 2018-04-26 · years since first filing: 8.4

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

3 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-24
  • Form D filed
    2019-03-07source on record
  • Adviser's first ADV filing
    2018-04-26source on record

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.

Not yet on record: new companies, 12 mo.