Established in 1988, we are a private family holding company investing our own capital in U.S. headquartered companies. We build companies with enduring intellectual property, tangible products, and growth.
We build and hold businesses for the long-term. The Randolph Group creates a partnership with management using a long-term approach to growth - we call it Buy, Build, and Hold. We provide significant capital for prudent growth and we augment and assist management as needed.
The Randolph Group team has worked together for many years and brings extensive expertise to building strong businesses with enduring values. Our team is focused on delivering more than just equity capital to each portfolio company – we bring together a highly skilled and experienced investment team to collaborate with management on compelling value creation opportunities while maintaining the highest integrity and values.
Who We Are Not
- We are not a private equity firm or fund.
- We are not "flippers" - we are long-term business owners and operators with no exit timeframe.
- We are not financial engineers - we have a history of helping develop significant growth in revenue and profitability post-acquisition.
Does Your Business Fit Our Business?
Profile
- We are actively looking for companies that fit well with our existing businesses and that will benefit from our Buy, Build and Hold long-term business-building philosophy.
- The Randolph Group purchases companies with enduring intellectual property (i.e., brand, engineering, proprietary distribution), tangible products and growth.
- We provide equity opportunities for management, capital for growth and financial and management expertise.
Revenues
- Companies we acquire have revenues up to $50 million.
Profits
- We purchase add-ons of any size even those with operational and/or financial challenges
Investment Size
- Any size strategic add-on will be considered.
Control
- The Randolph Group will have a majority interest in acquired companies.
Location
- Companies headquartered in the United States.
Our Commitment to You for Acquisitions
- As business owners, we understand the importance of confidentiality – we will always keep all conversations and information provided to us with strict confidentiality.
- We will provide quick feedback and not waste your time if we don’t have a strong attraction to the opportunity.
- Where the fit is good, we will move quickly to close and minimize disruption to your business – we can close within 45 days with no financing contingency required.
- Our reputation has been built on honesty, integrity, flexibility and strong partnerships – we are happy to provide a reference at each company.
Community
From volunteering at local food banks and homeless shelters to helping out youth organizations, The Randolph Group businesses make it their mission to help their local communities.
The Randolph Group Team
The co-founder and a principal of The Randolph Group, Mr. Eck formed the company in 1988. Prior to the company's founding, Mr. Eck served as a Management Consultant for David Abrams & Associates, Inc. In addition, Mr. Eck spent five years with American National Bank, now the Midwest middle market banking group of J.P. Morgan Chase, where he originated, completed and managed numerous middle market commercial banking transactions.
Mr. Eck holds a BA in Economics with honors from the University of Notre Dame and MBAs from UCLA and National University of Singapore.
Mr. Eck is Chairman or Director of each company and works extensively on strategy and growth initiatives.
Ken is a Principal at The Randolph Group. Previously, Ken was the Managing Director Industrial Products Sector at Akoya Capital Partners, LLC. Ken’s operating experience includes President and CEO of Arens Controls Company, LLC and Executive Vice President for Cherry Corporation, a NASDAQ listed company and President Cherry Automotive.
Ken holds a BSME from Bradley University and an MBA from Keller Graduate School of Management.
In addition to evaluating, executing and monitoring investments, Ken is Chairman or Director of each company and works with our companies in the areas of strategy and operational excellence.
Rocky is a Principal & Chief Financial Officer at The Randolph Group. Rocky focuses on financing, sourcing, evaluating, and executing acquisitions. In addition, Rocky is a Board Director of each company and is responsible for growing and improving our businesses.
Prior to joining The Randolph Group, he was a Vice President at Prism Capital, a subordinated debt, private equity and venture capital firm. While at Prism Capital, he sourced investment opportunities, conducted investment due diligence and worked closely with company management teams. Before joining Prism Capital, he was in the Syndicated & Leveraged Finance group at SunTrust Robinson Humphrey in Atlanta, GA where he executed various transactions including leveraged buyouts, mergers & acquisitions, debt restructurings and strategic corporate re-financings across various industries.
Rocky holds a BBA in Finance and Accounting from Emory University and an MBA from Northwestern University's Kellogg School of Management.
An active member of the Chicago community, Rocky serves on the Board and Executive Committee's at The Daniel Murphy Scholarship Fund, Enlace Chicago, and Friends of Prentice (Northwestern Medicine Women's Hospital).