EVERGREEN PRIVATE CAPITAL
Thoughtful capital for the companies that built America.
We acquire and actively partner with profitable lower-middle-market manufacturers, distributors, and service businesses — bought directly from the owners who built them, and held for the long term.
Permanent
Evergreen capital structure
Disciplined
Realistic valuations only
Proprietary
Direct owner partnerships
Focused
North American lower middle market
OUR PHILOSOPHY
Worth Investment Group is an evergreen private investment firm focused on the lower middle market. Since 2009 we have acquired and held profitable manufacturers, distributors, and service businesses across North America.
We are not in the business of financial engineering or quick flips. We are in the business of building enduring value alongside the management teams and owners who created these companies — underwriting the downside first, and holding for the long term.
| Structure | Evergreen / Permanent Capital |
| Target EBITDA | $2M – $25M |
| Enterprise Value | $8M – $150M |
| Hold Period | Indefinite / Generational |
| Geography | North America |
| Sectors | Manufacturing · Distribution · Industrial Services |
THE WORTH LENS
DISCIPLINE - PROPRIETARY - PERMANENT
DISCIPLINE
Entry price
Entry price is the one thing you fully control. When capital is abundant and impatient, the temptation is to pay up to win. We'd rather lose the deal.
PROPRIETARY
Direct from owners
We don't compete in the auctions setting 12x prints. We buy directly from owners — a conversation about legacy and trust, not just price.
PERMANENT
No fund clock
No fund that has to be spent or sold by a certain date. That freedom is worth the most precisely when everyone else feels rushed.
This is why realistic valuations and disciplined entry prices remain the foundation of every investment we make.
OUR PORTFOLIO
A family of operating companies.
Diversified across manufacturing, distribution, and industrial services — held for the long term and supported with active operational partnership.
HILLSDALE, MICHIGAN
Qualite Sports Lighting
A vertically integrated U.S. manufacturer, installer, and servicer of high-performance LED sports lighting — for high schools, colleges, parks & recreation, and entertainment venues.
PREFERRED TOPGOLF LIGHTING PARTNER
NORTH AMERICA · EST. 1986
American Copper & Brass
A value-added distributor of copper, brass, plumbing, and HVAC products, serving the contractors and builders who keep North American infrastructure running.
DOMESTIC SUPPLY-CHAIN STRENGTH
NORTH AMERICA
Curtis, LLC
Distribution of pipe, valves, and fittings to industrial and commercial markets, built on deep customer relationships and dependable service.
SPECIALTY DISTRIBUTION
ONTARIO, CANADA
RIPCO, ULC
Precision metal fabrication and value-added manufacturing serving diverse industrial and commercial customers with high-quality, on-time delivery.
PRECISION FABRICATION
NORTH AMERICA · FOUNDED 2025
Cascata Holdings
A growth platform consolidating water conditioning and treatment businesses, building regional scale through disciplined add-on acquisitions.
GROWTH PLATFORM
Fifteen years. Fourteen acquisitions.
Curtis, LLC
Every one bought directly from an owner — never through a banker's auction.
TRACK RECORD
Held for the long term. Exited on strategic terms.
2020
Energy Systems
One of North America's largest industrial distributors of backup power and energy systems, acquired directly from its owner and grown under Worth ownership.
ACQUIRED BY
Generac Holdings (NYSE: GNRC)
2015
Recreation Creations
A Hillsdale, Michigan manufacturer of commercial playground and outdoor fitness equipment, sold to a strategic industry buyer.
ACQUIRED BY
Kidstuff Playsystems
2015
Lotus Bank
A minority position in a Michigan community bank — realized when the bank was acquired by a larger regional partner.
MINORITY STAKE · REALIZED IN SALE TO
Level One Bank
Prior transactions are shown for background and informational purposes only and are not indicative of future results.
THIS MONTH
The supply is the story.
Founder-led and multigenerational companies are one of the most active sources of deal flow into the back half of 2026. A trillion dollars of impatient capital next to a growing wave of retiring owners creates both opportunity and risk.
Discipline stops being a slogan and becomes the only thing that protects returns.
LEADERSHIP & TEAM
M. Eric Boorom
Eric founded Worth on a simple thesis: acquire well-run middle-market businesses directly from the owners who built them, and hold them permanently with active operational partnership. Across his career he has participated in more than $1.5 billion of transactions since 1996.
His career began not on the buy side but in credit, workouts, and turnarounds, years spent understanding how businesses break before he ever bought one. He served in the special assignments group at Bank of Tokyo-Mitsubishi and as a credit analyst at ABN AMRO / LaSalle National Bank, and has provided expert testimony on business valuation in U.S. Bankruptcy Court. That discipline, underwriting the downside first, runs through everything Worth owns today.
Eric holds a B.S. in Finance from the Eli Broad School of Business at Michigan State University and completed the ABN AMRO North American Credit Training Program. He is a member of the Turnaround Management Association, AIMR, the Association of Certified Turnaround Professionals, and INSOL International. He is a certified private pilot, land and sea.
Daniel Cortez
Vice President of Business Development
Daniel leads Worth's capital formation and investor relations and is the primary point of contact for prospective investors and advisors. He joined in 2023 from CNL Securities Corp., where he served on the distribution team bringing alternative investments to financial advisors. B.S.B.A., University of Central Florida.
Marci Ramirez
Human Resources Director
Marci joined Worth in 2012 and leads human resources across the firm and its portfolio companies, bringing more than eighteen years of experience in HR, payroll, and team leadership.
Lizzie Hobart
Office Manager & Executive Assistant
Lizzie joined Worth in 2025 with more than six years in client support and corporate hospitality, previously with Pegula Sports & Entertainment. She coordinates firm operations, guests, and events. B.A., Canisius University.
ADVISORY BOARD
Experienced counsel behind every decision.
Worth is supported by an advisory board of operators, investors, and industry leaders who lend judgment across sourcing, operations, distribution, and capital.
Tim Walsh
Retired Senior Managing Director, TIAA
A financial services executive with decades of leadership in retirement and institutional investing. At TIAA he led Institutional Investment Solutions Distribution, advancing innovative retirement offerings including the TIAA RetirePlus® Series. Series 7 and 24; B.A., University of Massachusetts Dartmouth.
Steve Ankerstar
Founder & CEO, Ankerstar Wealth
Founder, CEO, Chief Compliance Officer, and Chief Investment Officer of Ankerstar Wealth, an SEC-registered, fee-only RIA. A retired U.S. Air Force officer and former F-117 Nighthawk pilot, he brings a disciplined, long-horizon approach to capital allocation. CFP®.
John Slawson
Global Sales & Marketing Leader
A global sales and marketing leader with deep experience guiding turnarounds and organizational transformation across industrial markets.
Kyle O'Malley
President, Walton Insurance Group
Rolf Berg
Founder, Infinitive, Inc.
Founder of Infinitive, Inc., a manufacturer supplying Class 1 railroads and short lines, with more than four decades of operating experience.
In Memory
We remember two advisors whose counsel helped shape this firm.
Bill Donahue
1950 – 2022
The late Mr. Donahue was the former President of O&P Designs and a Partner in Boorom Industrial Properties, having previously founded and led several companies including Biomedical Horizon, Century XXII Innovations, and Camp International. He held a Bachelor's degree from Texas Tech University.
Dr. Frederick Miller
1956 – 2016
The late Dr. Frederick Miller, MD, MHA, MBA, was President and CEO of MASLOM Enterprises and former President of Pediatrix Medical Group. He held degrees from Morehouse College, Emory University, and the University of Colorado.
Portfolio Leadership
Worth does not run its companies from a spreadsheet. Each is led by people who know their industry from the inside, and who stay to build it.
Qualite Sports Lighting Manufacturing, Sports Lighting
Corey Lines
National Sales Support & Regional Sales Manager
Corey has served on the IESNA Sports Lighting Committee since 2003 and leads national sales support across Qualite's field and installation network.
Bob Denning
Senior VP, West Coast Sales & Construction Services
Bob joined Qualite in 2015 following a career at Verizon, and leads West Coast sales and construction services for the company's lighting systems.
Veronica Wagner
Project Coordinator
Veronica brings more than thirty years of project coordination experience, managing installations from order through commissioning.
Heather Jeffrey
Marketing & Sales Manager
Heather joined in 2017 and leads marketing and sales for Qualite, bringing two decades of experience. She previously served as executive editor of several Michigan newspapers.
Sam Spragg
Sam is the Production and Facilities Manager, with more than 15 years of experience in managing and
organizing production and transportation.
Patricia Del Rio
Senior Lighting Engineer
Patricia is an Orlando-based Lighting Design Engineer with over 20 years of experience in manufacturing
engineering and the lighting industry.
Marci Ramirez
General Manager
Marci serves as General Manager of American Copper & Brass, overseeing day-to-day operations. She joined Worth in 2012 and also leads human resources across the firm, bringing more than eighteen years of experience in operations, HR, and team leadership.
Madison Wynn
E-Commerce & Marketing
Madison leads e-commerce and digital marketing for American Copper & Brass, managing the company's online channel and customer experience.
Tim Brantley
Sales Manager
Tim is an experienced outside sales professional with a demonstrated history of working in the warehousing industry.
Brittany Witbeck
Purchasing Agent
Brittany is a dedicated and detail-oriented Purchasing Agent with over 8 years experience in procurement for American Copper & Brass, as well as 10 years previous experience as a Supply Chain Coordinator.
Steve Timmer
Director Of Purchasing
Steve is the Director of Purchasing at American Copper & Brass.
Jim Brotz
General Manager, Director of Sales
Jim joined RIPCO in 2012, bringing 15 years of manufacturing experience and 20 years in management. He maintains close customer relationships while overseeing daily operations, with a focus on quality custom manufacturing.
Curtis, LLC DistributioN · Pipe, Valves & Fittings
Lovelle Johnson
Vice President of Sales
Lovelle Johnson is Vice President of Sales at Curtis, LLC, bringing a customer-first focus to the company's tradition of quality products and dependable service.
Cascata Holdings WATER CONDITIONING & TREATMENT
Dan Watts
Managing Director
Mr. Watts brings over 20 years of hands-on water treatment experience, currently serving as President of Tri-County Water Conditioning Inc, one of the most successful EcoWater Systems dealers in North America.
For Accredited Investors
We are currently offering Class B units to support platform growth and new acquisitions. Our evergreen structure removes the pressure of fund cycles and aligns our incentives with long-term value creation.
Securities offered only to verified accredited investors, pursuant to Rule 506(c).
For Business Owners
WORTH INVESTMENT GROUP
Creating enduring value in North American industry since 2009.
CONTACT