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PRIVATE INVESTMENT FIRM WITH GLOBAL EXPERIENCE

200+

PORTFOLIO EMPLOYEES

$400M

CAPITAL DEPLOYED

3

PORTFOLIO
COMPANIES

ABOUT US

Impel Capital provides capital to support lower middle market companies in the following industries*:
ABOUT US
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GOVERNMENT SERVICES
BUSINESS SERVICES
HEALTHCARE SERVICES
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NICHE MANUFACTURING
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TELECOM SERVICES
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STAFFING SOLUTIONS

* No startups      |      *No International

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Impel Capital is a private investment firm whose principals have closed over $3 billion in transactions. The firm leverages its operating and financing capabilities to strengthen enterprises in the lower middle market.

INVESTMENT CRITERIA

Impel investments typically have the following characteristics:
INVESTMENT CRITERIA
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REVENUE
EBITDA
LOCATIONS
TRANSACTIONS
We focus on Platform companies with Revenues between
$8 to $50 million (any size for Add-Ons)
Our companies will typically have over
$1 million in EBITDA
Impel focuses on U.S. based companies
with Headquarters
in the Eastern U.S.
We support Buyouts, Recapitalizations and Growth Capital opportunities

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PROVEN LEADERSHIP

Impel Capital is led by a team of experienced entrepreneurs, financiers and operating executives
LEADERSHIP
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LAMAR BARNES
Managing Partner
Lamar Barnes is a Managing Partner for Impel Capital and is primarily responsible for sourcing, originating, and strategy of investments. He co-founded Impel Capital with Lonnie Chestnut, III in 2020.
 
Prior to forming Impel Capital, he was the Principal of BW Capital Advisors, a lower middle market merchant bank advising and investing in private debt and equity transactions from 2017 to 2020. Lamar began his career as an analyst for Branch Banking & Trust (“BB&T” and, now “Truist”) in 2006 and worked at the firm until 2017
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Lamar serves on the boards of Provizor Solutions and Sky Communications. 
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LONNIE B. CHESTNUT, III
Managing Partner
Lonnie Chestnut, III is a Managing Partner for Impel Capital and is primarily responsible for originating, risk management and strategy of investments. He co-founded Impel Capital with Lamar Barnes in 2020.
 
He began his career as a Commercial Lender for BB&T in 2005 and worked at the firm until 2012. Lonnie served in a variety of senior commercial lending roles prior to forming Impel Capital. He was the Regional President for First South Bank (later acquired by First Citizens Bank), a community bank which issued loans in the lower middle market from 2016 to 2019. 


Lonnie serves on the boards of Provizor Solutions and Sky Communications.
DUANE MCKNIGHT
SENIOR ADVISORS
DAVID BOYER
Board of Director for Truist Bank (Chair of the Trust Committee)
Advising Principal
Duane McKnight is currently Managing Member of NiteCap Advisors, a financial and strategic consulting firm serving tech-enabled start-ups and growth-oriented, underserved businesses operating primarily in the lower middle market.
 
He is also a founding member of MFP, the general partner of the Marathon Fund (“Marathon”), an early-stage equity fund focused on tech-enabled companies primarily led by founders representing disproportionally underrepresented communities. 
 
Duane serves on the boards of Baldi Management Group and part of the investment committee for Impel Capital.
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PORTFOLIO COMPANIES

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PORTFOLIO

NEWS

NEWS
Impel Capital and Sky Communications announce Strategic Partnership
Herndon, Va., Dec. 5, 2023 /PRNewswire/ -- Through an affiliate of Impel Capital ("Impel"), a private equity firm focused on investing in lower middle-market companies supporting both the public and private sectors, announced today that it has entered into a strategic partnership with Sky Communications, Inc., ("SkyCom"), a long-standing telecommunications and information technology management firm.

Read More Here

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CONTACT US
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CONTACT US

Send us a message here. We look forward to connecting with you!

Thank You for connecting with Impel Capital!

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