# Percheron Capital

> Percheron Capital is a San Francisco private equity firm focused on North American essential-services businesses, from tire shops and veterinary specialists to roofing, restoration, pest control, HVAC and fire safety. Founded in 2020 by Chris Collins and Chris Lawler, it combines buy-and-build investing with a large portfolio support group and an in-house applied-AI engineering capability. The firm reports more than $8 billion in assets under management, more than 200 investments including add-ons and a team of more than 80 people.

- **Founded:** 2020
- **Headquarters:** San Francisco, United States
- **Founders:** Chris Collins (Co-Founder and Managing Partner), Chris Lawler (Co-Founder and Managing Partner)
- **Team size:** 80+ people, firm-reported as of April 1, 2026
- **Products:** Essential-services private equity, Portfolio Support Group, Percheron AI Ops, High-velocity M&A and integration
- **Notable:** Closed Fund I at its $770 million hard cap in 2021., Closed oversubscribed Fund II at its $1.55 billion hard cap in 2024., Closed significantly oversubscribed Fund III at its approximately $3.1 billion hard cap in 2026.

## Products & services

- **Essential-services private equity** — Control-oriented investment capital for North American service businesses in resilient, fragmented markets.
- **Portfolio Support Group** — Functional support across talent, technology and AI, portfolio M&A, post-merger integration, go-to-market acceleration and the Office of the CFO.
- **Percheron AI Ops** — An in-house forward-deployed applied-AI engineering team that builds proprietary production systems alongside portfolio-company frontline employees.
- **High-velocity M&A and integration** — A repeatable sourcing, acquisition and post-merger integration capability used to assemble regional operators into scaled platforms.

## Achievements

- Closed Fund I at its $770 million hard cap in 2021.
- Closed oversubscribed Fund II at its $1.55 billion hard cap in 2024.
- Closed significantly oversubscribed Fund III at its approximately $3.1 billion hard cap in 2026.
- Reported more than $8 billion in assets under management, more than 200 investments including add-ons and more than 80 team members in 2026.
- Big Brand Tire & Service grew revenue more than tenfold and profitability more than fifteenfold between Percheron’s 2021 investment and its 2025 recapitalization, according to the firms.
- Lookout Pest Control completed 17 acquisitions during 2024.
- Caliber Car Wash passed 50 operating locations across six states in 2023 after tripling its open-location count since Percheron’s 2021 investment.
- Named an Inc. Founder-Friendly Investor for three consecutive years through 2025, with the firm disclosing the paid-designation relationship.

## Latest updates

- **2026-07** — Portfolio company Big Brand Tire & Service announced the strategic acquisition of Belle Tire.
- **2026-04** — Percheron closed Fund III at approximately $3.1 billion, taking firm-reported assets under management above $7.5 billion; its homepage subsequently reported more than $8 billion.
- **2025-11** — Percheron launched ASPYRE Fire & Life Safety through a foundational acquisition.
- **2025-11** — Vanterra reported doubling revenue and expanding into eight new states during 2025.
- **2025-10** — Big Brand acquired Burt Brothers and Percheron completed a $1.625 billion recapitalization of the automotive-services platform.
- **2025-09** — Percheron partnered with Enervise and launched Solidaire HVAC & Energy Solutions.
- **2025-09** — Manish Goyal joined as Managing Director and Head of the Portfolio Support Group.

## Links

- Website: https://percheron.com
- LinkedIn: https://www.linkedin.com/company/percheroncapital

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Profile page: https://yespress.io/percheron-capital
Published by YesPress — https://yespress.io
Last updated: 2026-08-17