October 28, 2025 – “White Wolf’s founder-friendly approach has been essential to our evolution. This Inc. recognition validates what we’ve always believed—that true partnership with entrepreneurs at every phase is what drives results. Our value creation framework shows what we can achieve when we work together to transform businesses.” said Elie P. Azar, White Wolf’s Founder and Chief Executive Officer.

The Inc. list recognizes firms that entrepreneurs can trust and collaborate with while receiving the financial and strategic support they need to help accelerate growth. All the firms on the Inc. list have remained actively involved with the businesses in which they invest for at least one year after investment. Inc. compiled its list by surveying founders who have sold to private equity and venture capital about their experiences partnering with the firms, and by examining data on how portfolio companies have grown during these partnerships.

Since its founding in 2011, White Wolf has completed over eighty (80) acquisitions (platform investments plus add-ons) in the United States and Canada.

“Raising capital is no small feat for today’s entrepreneurs. That’s why discovering investors who offer more than just financial backing—those who bring mentorship, resources, and a true spirit of partnership to your growth journey—is both rare and invaluable,” says Bonny Ghosh, editorial director at Inc. “The 2025 Founder-Friendly Investors are collaborators and dedicated to helping their portfolio companies succeed.”

To see the complete list, visit https://www.inc.com/founder-friendly-investors/2025 

About The “Founder-Friendly Investors” Award[1]

Introduced in 2019, the Founder-Friendly Private Equity Firms list has, according to Inc. Magazine, quickly established itself as one of Inc.’s most resourceful franchises. It has become a go-to guide for entrepreneurs who want to grow their companies while retaining an ownership stake.

The “Founder-Friendly Investors” award is a program designed by Inc. Magazine to help founder-led companies accelerate growth and create revenue.

Private equity and venture capital firms that have exited U.S.-based, founder-led portfolio companies are eligible to apply. For investments to qualify, portfolio company founders must have remained actively involved in their business for at least one-year post-investment. Winning firms are selected based upon their track record, reputation, leadership, and founder references.

All participants provided compensation to be considered for this recognition. This award is not to be construed as indicative of White Wolf’s future performance. Reference to an award is only one piece of information relevant to an evaluation of an investment adviser such as White Wolf. Finally, this award represents information as of October 2025 and may not reflect important information related to an evaluation of the investment adviser which has occurred prior to, or subsequent to, the award.

About Inc.[2]

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print.

For more information, visit www.inc.com.

[1] As published in Inc.’s website as of October 2025

[1] As published in Inc.’s website as of October 2025

About White Wolf Capital Group

White Wolf Capital Group is a private investment firm focused on the lower middle market.

White Wolf Capital is focused on making both direct and indirect investments in leading North American middle market companies.

In general, White Wolf seeks private equity and private credit investment opportunities in companies with $20 million to $200 million in revenues and up to $20 million in EBITDA. Typical situations include management buyouts, leveraged buyouts, recapitalizations, and investments for growth. Preferred industries include manufacturing, business services, government services, information technology, security, aerospace, and defense.

In addition to making direct private equity or private credit investments in operating companies, White Wolf also looks to invest with other private fund managers as a limited partner, or as a financing partner. In general, targeted investment candidates are North American-focused private credit and equity funds looking to raise $50 million to $500 million, with a focus on the lower-middle-market.

White Wolf’s headquarters is located in Miami, Florida.

For further information, please visit https://www.whitewolfcapital.com.

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