We invest where we have operated.

Bonuso Capital is a private holding company. We put capital and operating experience behind established business-to-business services companies, and we work alongside the people already running them.

Most of the capital in this market arrives with a timetable attached. Ours does not.

What we bring

Ownership that shows up, and capital that can wait.

Capital

Committed, and ours. There is no fund behind us, no investment committee to persuade, and no deployment schedule that decides when a deal has to happen. Structures get built around what a business needs.

Operating experience

We have run services businesses rather than modeled them. Utilization, pricing, delivery risk, and the daily work of keeping good people are familiar ground, and that is where we are useful after closing.

Permanence

We buy to hold. Nothing in our model requires an exit, which means the plan for year ten carries more weight with us than the plan for year three.

Where we focus

Asset-light services companies, where the value sits in the clients, the team, and the reputation.

Established businesses in the lower middle market, generally with revenue in the low single-digit millions and a base of clients who come back. We look nationally, and we pay closer attention in Chicago and the broader Midwest because we can be in the room.

  • Technology and digital services
  • IT and managed services
  • Marketing, creative, and growth
  • Professional and technical consulting
  • Cloud and infrastructure
  • Tech-enabled B2B outsourcing

What we believe

Capital is stewarded, not deployed

Every dollar is underwritten as though it were the last one, because it is ours.

The truth arrives early

Bad news does not improve with age, and a fast no is worth more than a slow maybe.

Reputation outlives the deal

There are not enough good businesses in this market to burn the people who bring them to us.

The market is not a strategy

If a deal needs multiple expansion, cheap leverage, or good timing to work, it is a bet.

Patrick Bonuso, founder of Bonuso Capital

Who we are

Bonuso Capital was founded by Patrick Bonuso, who has built and sold two companies and has sat in the CEO and CTO chairs along with most of the seats in between.

His career has been spent inside services businesses: running delivery and sales, carrying the P&L, and learning what a company of this kind actually costs to operate well. He continues to own and operate a services business today, and works from the Chicago area.

linkedin.com/in/pbonuso

If you are thinking about what comes next for a business you built, it is worth a conversation.

Owners, advisors, and intermediaries are all welcome to write. We reply within two business days, and we do not discuss the businesses we are reviewing.

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