
Long-term business builders with permanent capital, flexible structures, disciplined judgment, and a multigenerational stewardship mindset.
Latest articles
View allWaveDivision Capital, Stephens Capital Partners, and The Pritzker Organization Partner with Management to Acquire EarthLink
Steward Partners Adds More Than $2.2 Billion in Client Assets Across Six Advisor Teams in Q3 2026
AAR accelerates its aftermarket platform strategy by agreeing to acquire a controlling interest in MRO Holdings
We believe that there are three keys to every business: People, people and people.
Investment spotlight
For over 70 years, we’ve partnered with visionary management teams across industries to build lasting, enduring businesses that stand the test of time.
- Go to Hyatt page

Hyatt
Chicago-based hospitality company operating 1,450+ hotels and resorts in 79 countries.
- Go to Lithko page

Lithko
One of the nation’s largest concrete contractors, operating across 26+ locations nationwide.
- Go to STV page

STV
Engineering and design firm delivering infrastructure projects across North America.
Strategy
A permanent capital partner for long-term business building.
TPO is looking for opportunities to acquire, found, or provide growth capital to businesses across all stages of the company life cycle.
The character of our capital (no LPs) allows us to be highly flexible in transaction structuring, with the ability to invest in both majority and minority situations. Through separate dedicated teams, we are also able to invest in hybrid capital (2065 Capital) and venture (53 Stations). We prioritize situations where our capital is viewed as differentiated.
“Building a business is a journey. There is no finish line.”
