A Flexible Approach to Private Equity
Building Businesses.
Creating Value.
PCM Companies partners with founders and management teams to provide capital, resources, and long-term commitment.
Who We Are
A Private Investment Firm Built on Partnership
PCM Companies is a private investment firm focused on partnering with founders, families, and management teams in the lower middle market. We bring capital, experience, and genuine long-term commitment to every business we partner with.
We believe in building lasting businesses — not just completing transactions. Our approach is hands-on, transparent, and built on trust earned over decades of working alongside exceptional operators.
Founded in 1998, PCM Companies has a proven track record of identifying businesses with real potential and helping them reach the next level of growth through capital investment, strategic guidance, and operational support.
We invest for the long term, with prudent use of leverage and the flexibility to pursue an exit when the timing and outcome are right, without traditional, institutional timelines.
What We Seek
Investment Criteria
Revenue
Target
$10+
million
EBITDA
Target
$2 – 10
million
Equity
Check Size
$10+
million
Business Characteristics
- Consistent revenue and profitability history
- Defensible market positions
- Actionable growth opportunities
- Strong management team in place or identified transition opportunity
Transaction Types
- Management buyouts
- Owner / founder transitions
- Corporate divestitures
- Recapitalizations
Target Sectors
- Manufacturing
- Industrial Services
- Industrial Products
- Business Services
- Distribution
OUR TEAM
Brian Smith
Founding Chairman
Steve Halverson
Partner
James Inman
Vice President
Parker Smith
Vice President
Portfolio
OUR COMPANIES
TMI Coatings
TMI Coatings is an industrial and public infrastructure restoration and maintenance provider specializing in high-performance painting, protective coatings, and linings. The company delivers a full suite of services including abrasive blasting and surface preparation, corrosion mitigation, containment and environmental controls, and complex field application across critical assets. The Company serves a diverse base of municipal and industrial customers.
Suburban Manufacturing
Suburban Manufacturing produces mission-critical components for the fluid power industry through three distinct brands. Python offers protective sleeves and fastening solutions for hydraulic and pneumatic applications. Tsunami Compressed Air Solutions provides air purification and filtration systems that safeguard pneumatic equipment from contamination and corrosion. Lubeminder Grease Systems designs automatic lubrication systems that ensure consistent, reliable greasing of machinery and equipment.
APG Solutions
APG Solutions is a global manufacturer of cash management solutions that serve as a critical component within point-of-sale ecosystems. The company designs and produces a broad portfolio of cash drawers, smart tills, and integrated cash management devices used across retail, hospitality, healthcare, and financial services environments. APG's products are engineered for durability, security, and seamless integration with POS hardware and software platforms, enabling efficient cash handling, loss prevention, and improved operational workflows.
Get In Touch
CONTACT US
We welcome conversations with business owners, advisors, and intermediaries. Reach out to learn more about PCM Companies.
Our Office
PCM Companies400 Selby Ave, Suite B
Saint Paul, MN 55102