Tinicum Incorporated

Tinicum Incorporated began as the holding company through which the Ruttenberg family placed its permanent capital in industrial businesses. It later took in outside money and now invests on a long horizon rather than a fixed exit date.

What Tinicum Incorporated offers

• Patient capital: investment from families and individuals who accept a long holding period.
• Long-term investment vehicle: Tinicum L.P., set up in 2012 with an indefinite life and successive commitment periods.
• Operating support: industrial experience applied to strengthen organisations, enter new markets, improve operations and make add-on acquisitions.
• Flexible deals: sellers may leave fully or keep a stake and stay involved in running the business.
• Manager equity: management is offered the chance to earn an ownership interest and co-invest.

Who it works with

The firm favours businesses with strong market positions and capable management, mostly in industrial sectors. It puts a substantial amount of its own money into each deal so its interests match those of its partners.

Key facts

• Outside capital since: the 1990s
• Long-term vehicle formed: 2012
• Capital source: families and individuals