Firm at a glance
Bow River Capital is a platform private equity firm headquartered in the United States, per its own website, and reported to manage approximately $7.4 billion in capital as of March 31, 2026 [S1].
What they buy
Based on publicly reported transactions over the past 24 months, Bow River Capital appears to pursue acquisitions across multiple sectors. Recent activity includes infrastructure services, business advisory, asset management, and specialty finance businesses [S2][S3][S4][S5]. The firm’s transaction pattern suggests an interest in both operating companies and financial services platforms, though no comprehensive portfolio list was surfaced in public materials reviewed.
Portfolio
Public sources reviewed as of March 2026 did not surface a comprehensive portfolio company list. Recent acquisitions identified include Elite Surface Infrastructure (infrastructure services, acquired August 2024) [S2], SBI Growth Advisory (business consulting, acquired February 2026) [S3], Spur Capital Partners (asset management, acquired March 2026) [S4], and the asset-based financing business of Park Cities Asset Management (specialty finance, acquired August 2025) [S5].
Recent activity (last 24 months)
* **March 2026**: Acquired Spur Capital Partners to expand evergreen investment strategy [S4]
* **February 2026**: Made strategic investment in SBI Growth Advisory [S3]
* **August 2025**: Acquired asset-based financing business of Park Cities Asset Management [S5]
* **August 2024**: Acquired Elite Surface Infrastructure, with D.A. Davidson acting as exclusive financial advisor to the seller [S2]
How this firm fits a seller
Bow River Capital’s recent transaction history suggests the firm pursues both traditional operating businesses and financial services platforms. The August 2024 Elite Surface Infrastructure transaction demonstrates experience working with middle-market infrastructure services companies [S2]. For owner-operators in infrastructure, business services, or specialty finance sectors, the firm’s approximately $7.4 billion in managed capital indicates capacity for substantial platform investments [S1]. The firm’s March 2026 acquisition of Spur Capital Partners specifically to expand evergreen strategies suggests interest in alternative investment structures beyond traditional buyout funds [S4].
Sources
[S1] https://www.bowrivercapital.com (as of 2026-03-31)
[S2] https://www.businesswire.com/news/home/20240801657390/en/D.A.-Davidson-Acts-as-Exclusive-Financial-Advisor-to-Elite-Surface-Infrastructure-on-Its-Sale-to-Bow-River-Capital (as of 2024-08-01)
[S3] https://www.consulting.us/news/13444/sbi-growth-advisory-receives-strategic-investment-from-bow-river-capital (as of 2026-02)
[S4] https://pulse2.com/bow-river-capital-acquisition-of-spur-capital-partners-to-expand-evergreen-strategy/ (as of 2026-03-28)
[S5] https://pulse2.com/bow-river-capital-to-buy-asset-based-financing-business-of-park-cities-asset-management/ (as of 2025-08-30)
Frequently asked questions
Does Bow River Capital buy infrastructure businesses?
Yes, based on publicly reported transactions. In August 2024, Bow River Capital acquired Elite Surface Infrastructure, an infrastructure services business [S2]. This transaction suggests the firm pursues opportunities in the infrastructure sector, though the full scope of sector focus was not detailed in public materials reviewed.
What companies has Bow River Capital acquired recently?
Recent acquisitions include Spur Capital Partners in March 2026 [S4], SBI Growth Advisory in February 2026 [S3], and the asset-based financing business of Park Cities Asset Management in August 2025 [S5]. In August 2024, the firm acquired Elite Surface Infrastructure [S2].
Where is Bow River Capital based and how big is the firm?
Bow River Capital is based in the United States and reported to manage approximately $7.4 billion in capital as of March 31, 2026, which includes regulatory assets under management and ownership-adjusted debt capital [S1]. Specific office locations were not detailed in public materials reviewed.
Is Bow River Capital still actively acquiring?
Yes, Bow River Capital appears to be actively acquiring. The firm completed its most recent publicly reported acquisition in March 2026 with the purchase of Spur Capital Partners [S4], and has completed four transactions in the trailing 24 months through March 2026.
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.