Orchard Management is a build equity fund that runs synthetic roll-ups. We raise the capital, build the companies, own them until exit.
A traditional private equity roll-up buys dozens of independent companies in a category and sells them as one platform. We build those companies ourselves, in house, on a shared foundation of capital, talent, and technology, so the platform has scale from day one and no entry multiple.
We then consolidate them into a single platform and exit to the strategic and private equity buyers who would otherwise spend years assembling it.
We create the platform companies ourselves, funded by the Orchard build equity fund. Where a piece of talent or technology would take too long to build, we graft it on.
We combine the companies into one platform with one balance sheet and one team.
We sell the platform to strategic and private equity buyers at a platform multiple.
A fund raised like private equity but deployed in house: the capital creates, owns, and operates the companies itself rather than buying them or funding someone else's.
Venture capital funds companies. Private equity buys them. Build equity builds them.
A roll-up assembled from companies we built rather than companies we bought, consolidated into one platform, and exited.
Same outcome as a private equity roll-up, without the acquisitions.