# Crest Rock Partners

> Crest Rock Partners is a Denver-based private equity firm that makes control-oriented investments in lower-middle-market software, technology, business services and industrial companies. Backed by a roughly $400 million debut fund, the team writes equity checks of $25-75 million and specializes in the messy, operations-heavy situations - carve-outs, turnarounds, companies in transition - that most buyers pass on, then does the unglamorous work of making them run better.

- **Founded:** 2019
- **Headquarters:** Denver, Colorado, United States
- **Founders:** Steve Johnson (Founding Partner), Jeff Carnes (Founding Partner)
- **Team size:** Approximately 15-23 professionals
- **Products:** Control Buyouts, Corporate Carve-Outs & Divestitures, Recapitalizations & Growth Capital, Operational Value Creation
- **Notable:** Raised an approximately $400 million debut fund (Crest Rock Fund I, 2020 vintage)., Built a portfolio of roughly 11 platform companies across software, technology, business services and industrial sectors., Team carries experience across 60+ acquisitions, divestitures, mergers and integrations and 30+ years of combined investment and operating experience.

## Products & services

- **Control Buyouts** — Control-oriented equity investments in lower-middle-market companies, with equity checks of roughly $25-75 million and capacity up to $100 million per transaction.
- **Corporate Carve-Outs & Divestitures** — Acquiring non-core divisions from larger corporations and standing them up as independent businesses, as with Motus Fibers becoming NexForm Technologies.
- **Recapitalizations & Growth Capital** — Flexible capital with limited debt financing for owners seeking liquidity, growth investment, or a partner to fund add-on acquisitions.
- **Operational Value Creation** — Hands-on operating support drawing on the team's experience across 60+ acquisitions, divestitures, mergers and integrations.

## Achievements

- Raised an approximately $400 million debut fund (Crest Rock Fund I, 2020 vintage).
- Built a portfolio of roughly 11 platform companies across software, technology, business services and industrial sectors.
- Team carries experience across 60+ acquisitions, divestitures, mergers and integrations and 30+ years of combined investment and operating experience.
- Executed active buy-and-build activity, including add-on acquisitions by Opti9 (Aptible) and Lumin8 (Rommel Infrastructure).

## Latest updates

- **2026-07** — Strategic growth investment in Andrew Site Work, a Southwest Florida infrastructure contractor specializing in water, sewer and underground utility work.
- **2026-03** — Recapitalized Motus Fibers, a carve-out from Motus Integrated Technologies' Fiber Solutions segment, rebranding it NexForm Technologies.
- **2025-11** — Portfolio company Opti9 Technologies acquired Aptible, a Platform-as-a-Service provider for managed cloud services.
- **2025-05** — Strategic growth investment in Productive Programming Inc. (PPi), a Wisconsin-based provider of care-management, EHR and TPA software for healthcare organizations.
- **2024-08** — Portfolio company Lumin8 Transportation Technologies acquired Rommel Infrastructure, expanding traffic-signal services in Maryland and Delaware.

## Links

- Website: https://crestrockpartners.com
- LinkedIn: https://www.linkedin.com/company/crest-rock-partners

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Profile page: https://yespress.io/crest-rock-partners
Published by YesPress — https://yespress.io
Last updated: 2026-08-16