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Rainier Partners Acquires Apex Insurance Services, a Leading Automotive Insurance MGA Platform

Portfolio Company News, Press Release

Seattle, WA (October 29, 2026) — Rainier Partners, a private equity firm investing in lower middle-market services businesses, is pleased to announce its investment in Apex Insurance Services, a leading multi-brand managing general agency (MGA) platform focused on the Texas non-standard auto insurance market. Headquartered in Richardson, Texas, Apex manages five MGAs — Apollo MGA,… Read More

Rainier Partners Named a 2026 Inc. Founder-Friendly Investor

Press Release

Seattle, WA (October 27, 2026) ­— Rainier Partners, a private equity firm investing in lower middle-market services businesses, is pleased to announce that it has been named to Inc. Magazine’s 2026 list of Founder-Friendly Investors. The recognition marks Rainier’s first inclusion on the list, reflecting the firm’s continued growth and commitment to being a trusted… Read More

Rainier Partners Appoints Moses DeBord as CEO of Kleen-Tech to Lead Next Phase of Company’s Growth

Portfolio Company News, Press Release

Seattle, WA (January 6, 2026) ­- Rainier Partners and its portfolio company, Kleen-Tech Services, are pleased to announce the appointment of Moses DeBord as Chief Executive Officer of Kleen-Tech, a janitorial services provider with operations across more than 30 states. Moses brings over two decades of leadership and professional experience to the position, having most… Read More

Rainier Partners Acquires Kleen-Tech Services, a National Janitorial Services Provider

Case Studies, Portfolio Company News, Press Release

Seattle, WA (September 4, 2025) – Rainier Partners, a private equity firm investing in lower middle-market services businesses, is pleased to announce its investment in Kleen-Tech Services, a janitorial services provider with operations across more than 30 states. Kleen-Tech was founded in 1993 in Denver, Colorado, and has since grown into a leading national provider… Read More

Rainier-Backed Wilmar Adds EZRED to Automotive Tool and Equipment Platform

Case Studies, Portfolio Company News, Press Release

Seattle, WA (August 14, 2025) ­- Rainier Partners and its portfolio company Wilmar, LLC are pleased to announce the platform’s acquisition of EZRED, a leading designer, manufacturer, and distributor of lighting, tool organization, and hand tools for the automotive aftermarket. EZRED was founded in 1966 and has grown to be a premier designer and engineer… Read More

Rainier-Backed SCI Flooring Acquires Flooring Partners

Case Studies, Portfolio Company News, Press Release

Seattle, WA (August 5, 2025) ­- Rainier Partners and its portfolio company, SCI Flooring (“SCI”), are pleased to announce the platform’s third add-on acquisition, Flooring Partners. The investment solidifies the company’s position as a leading flooring provider in the Midwest and expands operations to the East Coast. Founded in 1990 and employee-owned since 2021, Flooring… Read More

Rainier Partners Announces Three Key Promotions

Press Release

Seattle, WA (July 14, 2025) ¬- Rainier Partners, a private equity firm investing in lower middle-market services businesses, is pleased to announce the promotions of Henry Anderson and Luke Bench to Principal and Dave Shephard to Executive Director. Henry joined the Rainier team in 2020 and is a Principal. Prior to Rainier, Henry served as… Read More

Rainier Partners Announces Platform Investment in Welfare & Pension Administration Service

Case Studies, Portfolio Company News, Press Release

Seattle, WA (December 19, 2024) ­- Rainier Partners, a private equity firm investing in lower middle-market services businesses, is pleased to announce its investment in Welfare & Pension Administration Service (“WPAS”), a third-party administration (TPA) firm specializing in multi-employer benefit plan administration. Based in Mercer Island, WA, WPAS has a 70+ year history of dedicated,… Read More

Rainier-Backed Omega Fitness Leads Anytime Fitness Franchisee Growth; Acquires MDS Fitness’ Wisconsin Gyms

Case Studies, Portfolio Company News, Press Release

Seattle, WA (September 25, 2024) ­- Rainier Partners, a private equity firm investing in lower middle-market services businesses, and its portfolio company Omega Fitness are pleased to announce the acquisition of 21 gyms in Wisconsin from MDS Fitness. Along with additional tuck-ins and new gym openings, this acquisition adds to Omega’s position as the fastest-growing Anytime… Read More

Rainier-Backed SCI Flooring Builds Momentum in the Midwest with Add-On Acquisition

Case Studies, Portfolio Company News, Press Release

Seattle, WA (June 25, 2024) – Rainier Partners and its portfolio company, SCI Flooring (“SCI”), are pleased to announce the platform’s second add-on acquisition, Carpetbaggers, Inc. Founded in 1984, Carpetbaggers offers flooring installation services in the greater Indianapolis metro area, with a core focus on multi-family tenant turnover and new construction. The acquisition will allow… Read More

United Carpet Joins Rainier-Backed Flooring Platform SCI Flooring

Case Studies, Portfolio Company News, Press Release

Seattle, WA (November 29, 2023) ­- Rainier Partners and its portfolio company, SCI Flooring (“SCI”), are pleased to announce the addition of United Carpet to the firm’s flooring platform. United Carpet is a full-service floor covering provider serving customers in the multi-family, commercial, and residential markets. United Carpet was founded in 1981 in St. Louis,… Read More

Rainier Partners Backs Leading Anytime Fitness Franchisee, Omega Fitness

Case Studies, Portfolio Company News, Press Release

Seattle, WA (November 16, 2023) ­- Rainier Partners, a private equity firm investing in lower middle-market services businesses, is pleased to announce its acquisition of Omega Fitness, a preeminent Anytime Fitness franchisee formed by the combination of businesses built by two franchise operators, Andy Gundlach and Russ Allen. Omega Fitness is the second largest Anytime… Read More

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