Firm at a glance
Calera Capital is a platform private equity firm founded in 1991 and headquartered in Boston, MA, with approximately $2.8 billion in assets under management, per its own website [S1].
What they buy
Calera Capital’s portfolio reflects a focus on business services, logistics, and specialty industrial companies [S1]. The firm appears to pursue a buy-and-build strategy, acquiring platform companies and subsequently adding bolt-on acquisitions to expand geographic reach or service capabilities. Recent transaction activity shows particular concentration in logistics and transportation services, with multiple add-on acquisitions completed in 2025 [S2].
Portfolio
Business Services
**F&I Sentinel** (platform, acquired February 2022) operates in the automotive finance and insurance sector [S1]. **ImageFIRST** (platform, acquired October 2018) provides services in the healthcare linen and uniform space [S1]. **Transaction Services Group** is also held within the business services vertical [S1].
Logistics
**The Evans Network of Companies** (platform, acquired February 2017) serves as the firm’s logistics platform [S1].
Recent activity (last 24 months)
* **January 2026**: Acquired ReVamp Companies [S2]
* **September 2025**: Added Hometown Logistics to the portfolio [S2]
* **April 2025**: Completed two add-on acquisitions, High Point Logistics and PENTONIX Freight [S2]
* **January 2025**: Acquired McCune, Murphy, & Potter Physical Therapy as an add-on [S2]
How this firm fits a seller
Calera Capital demonstrates an active buy-and-build approach, completing four add-on acquisitions in the trailing twelve months as of early 2025 [S2]. This pattern suggests the firm may appeal to business services and logistics operators seeking to join a consolidation platform with access to follow-on acquisition capital. The firm maintains offices in both Boston and San Francisco, potentially offering geographic reach for portfolio company support [S3]. Sellers in fragmented service industries where regional consolidation creates value may find alignment with Calera’s observed investment pattern.
Sources
[S1] https://caleracapital.com (as of 2025-01-15)
[S2] https://caleracapital.com/news/ (as of 2025-01-15)
[S3] https://caleracapital.com/sector-focus/portfolio/f-and-i-sentinel.html (as of 2025-01-15)
Frequently asked questions
Does Calera Capital buy business services businesses?
Yes, business services represents a core sector for Calera Capital, with multiple portfolio companies including F&I Sentinel (acquired February 2022), ImageFIRST (acquired October 2018), and Transaction Services Group [S1]. The firm’s recent acquisition of ReVamp Companies in January 2026 demonstrates continued activity in this vertical [S2].
What companies has Calera Capital acquired recently?
Calera Capital’s most recent platform acquisition was ReVamp Companies in January 2026 [S2]. The firm has been particularly active with add-on acquisitions, including Hometown Logistics in September 2025 and both High Point Logistics and PENTONIX Freight in April 2025 [S2].
Where is Calera Capital based and how big is the firm?
Calera Capital is headquartered in Boston, MA, with an additional office in San Francisco, CA [S3]. The firm reports approximately $2.8 billion in assets under management as of early 2025 [S1].
Is Calera Capital still actively acquiring?
Yes, Calera Capital remains active, having completed five transactions in the past 24 months, including a platform acquisition of ReVamp Companies as recently as January 2026 [S2]. The firm completed four add-on acquisitions in 2025 alone, indicating ongoing buy-and-build activity [S2].
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.