Not Private Equity. Not a Search Fund. Not a Sponsor.

Kumular was built because existing investment models don’t fit the realities—or the opportunities—of today’s fragmented, microcap, industrial service landscape.

We are neither a blind-pool PE fund, nor a rigid search fund, nor a deal-by-deal sponsor.
We combine the discipline of private equity, the entrepreneurial spirit of operators, and the flexibility of independent investing—all within a structured, repeatable model.

Feature Private Equity Search Funds Independent Sponsors KUMULAR
Capital Model Blind-pool multi-asset Single-deal focus Deal-by-deal fundraising Dedicated fund per platform
Target Size $5M+ EBITDA $1–2M EBITDA Opportunistic Micro-to-mid market, scalable via M&A
Leadership Passive ownership First-time CEOs Varies Dual leadership: Operator + Investing Partner
Growth Strategy Financial engineering Organic-only Transactional Thesis-driven buy-and-build
Investor Alignment Fee + carry structures High equity for searcher Deal fees + carry Aligned incentives across all stakeholders
Exit Approach Fixed timelines Long-term hold Variable Built for strategic consolidation exits

Why this matters to our partners:

  • For Operators:
    We offer true partnership—not employment. Our Operating and Investing Partners lead platforms with equity-aligned ownership and strategic support.

  • For Investors:
    Gain access to proprietary, thesis-driven platforms with pre-structured capital deployment, clear M&A pipelines, and disciplined governance.

  • For Business Owners & Advisors:
    We are long-term builders, not financial tourists. We provide continuity, growth, and integration into something larger—not just an exit.