Search Fund  —  Manufacturing & Industrial

Acquiring and Operating
Exceptional Businesses

A search fund focused on acquiring owner-operated businesses, with a particular interest in manufacturing and industrial companies. We partner with sellers who want their legacy preserved and grown for the long term.

Get in Touch

A Long-Term Partner for Owner-Operators

Wintersun Equity is a search fund focused on acquiring and operating a single established, owner-operated business. We seek companies with durable competitive advantages and strong operational foundations, partnering with sellers who want their people, their culture, and their craft preserved and grown for the long term.

How We Think About Acquiring Businesses

01

Patient Capital

We are not a fund with a forced exit horizon. Wintersun Equity takes a long-term ownership perspective, allowing us to invest in a business's future without pressure to flip. Our capital is patient, and our commitment to the companies we acquire is permanent.

02

Operational Focus

As an operator-buyer, we plan to be actively involved in running and improving the businesses we acquire. We are not passive investors. We bring hands-on management, operational discipline, and a genuine commitment to making the business better every year.

03

Owner Partnership

We understand that selling a business is one of the most significant decisions an owner will make. We approach every conversation with respect and transparency, working closely with sellers to structure transitions that honor what they have built and the people who depend on it.

What We Are Looking For

We focus on profitable, established businesses where an owner is ready for the next chapter. If this sounds like your situation, we would enjoy a confidential conversation.

No business broker required. We work directly with owners and their advisors. All conversations are strictly confidential.
Industry Focus on Manufacturing & Industrial
EBITDA $100K – $1.5M
Deal Type Owner-operated businesses seeking succession
History Established operations, 5+ years preferred
Employees Existing team that will remain post-close

From First Call to Close

01

Confidential Conversation

We start with a no-obligation call to understand your business, your goals, and whether there's a mutual fit.

02

Valuation & Offer

We conduct a thorough but efficient valuation and present a clear, fair offer, typically within two to three weeks.

03

Due Diligence

We handle diligence with minimal disruption to your operations. We respect your time and your team's time.

04

Close & Transition

We close with certainty and work with you on a smooth transition plan that protects employees and preserves legacy.

Connor Leemhuis, Founder of Wintersun Equity

Connor Leemhuis

Founder & Managing Director

Prior to founding Wintersun Equity, Connor spent three years at Bridgewater Associates. He is currently pursuing his MBA at The Wharton School, concentrating in Entrepreneurship & Innovation and Organizational Effectiveness. He holds a BS in Computational Finance from Carnegie Mellon University.

Outside of work, Connor is an Ironman triathlete and enjoys spending time outdoors.

Let’s Connect

Whether you are a business owner considering your options, an advisor with a client in transition, or an investor interested in learning more, we welcome your outreach. Every conversation is completely confidential.

connorleemhuis@wintersunequity.com

Focus

Any Industry (focus on Manufacturing & Industrial)