Tulsa, OK – July 7, 2025 – Achieve Capital, a leading private equity firm specializing in middle market investments across the Central US, is pleased to announce the initial closing of Achieve Industrial Fund I. Targeting deployment of $80 million in capital, the fund will focus on businesses in the manufacturing, distribution, and services sectors, leveraging Achieve Capital’s proven track record of acting as a value-add partner to its portfolio companies while driving superior results for its investors. This closing marks a significant step in the firm’s mission to partner with high-potential industrial companies and deliver transformative outcomes.
“We are overwhelmed by the support of our existing and new investors and thrilled to announce the initial closing of Achieve Industrial Fund I, which marks a significant milestone in our firm’s ability to continue partnering with exceptional businesses and management teams,” said Tom Ritchie, Partner at Achieve Capital. “Our team’s deep operational experience and long-term mindset allow us to serve as true value-add partners, and we are excited about the opportunities ahead including a number of promising prospects at various stages of evaluation.”
Eric Clower, Partner at Achieve Capital, added, “This fund underscores our commitment to building lasting partnerships with businesses that share our vision for operational excellence and responsible, sustainable growth. We are well-positioned to further deploy capital thoughtfully across the middle market in our industries of expertise, and we are confident in our ability to continue creating value for our investors and portfolio companies alike. Achieve Industrial Fund I is a testament to our team’s past successes and ongoing belief from our investors in our differentiated investment approach.”
While Achieve Industrial Fund I represents the firm’s first formal fund, Achieve Capital has a robust track record, having made 16 unique platform investments and currently managing a portfolio of 12 companies. The firm’s investment professionals, with over 30 years of mergers and acquisitions experience, have deployed more than $200 million across the middle market and small business ecosystem. Achieve Capital distinguishes itself through its family approach to collaborating with management teams and hands-on operational experience, enabling portfolio companies to balance the pursuit of near-term growth opportunities while following a path towards long-term success.
About Achieve Capital: Achieve Capital, located in Tulsa, OK, is a leading lower-middle market private equity firm focused on investments in the industrials and services sectors. With a values-driven culture and long-term mindset, Achieve positions itself as a differentiated, patient capital partner consistently driving sustainable growth and proven results through a familial, collaborative approach.
