An Average Building Material Manufacturer’s
Protopian Capital is a private company investor with a focus on Construction Materials Manufacturing in the middle market, investing in established manufacturers with experienced management teams and good growth prospects. We help companies increase their multiples and liquidate without selling or doing any extra work with our Double Sale Method, while also increasing the wealth of their employees and taking care of their communities.
Protopian has built an experienced and cohesive team of investment professionals. The firm’s general partners have worked together since the early 2000s, and collectively bring 120+ years of experience in private company investing, business management, investment banking, venture capital, management consulting, and public accounting. Beyond providing capital, our investment team has the knowledge, expertise, contacts, and other resources to assist management in all aspects of corporate growth.
Our Objectives
Maximizing Value Through Direct Market Access
At Protopian, we pay more than traditional buyers because we go directly to the stock market instead of relying on private equity or bank financing. By leveraging public market structures, we unlock higher valuations, greater liquidity, and more favorable terms for business owners. This approach ensures that you receive the maximum possible value while retaining control and upside potential. With over 300 years of combined experience, we specialize in financial solutions that align with your goals, giving you the best deal available —without compromise.
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Unlock Liquidity Without Selling Your Business
At Protopian, we offer a unique Equity Collar strategy that allows you to liquidate a portion of your equity without giving up ownership or control. This approach provides downside protection while securing upside potential, enabling you to access capital while maintaining the long-term value of your business. Unlike traditional exits or buyouts, our strategy is tailored to your specific needs, ensuring flexibility and alignment with your growth objectives. With over 300 years of combined experience, we specialize in structuring innovative financial solutions that maximize value while preserving your legacy.
Learn MoreRisk Protection & Free Capital Through Blended Finance
At Protopian, we de-risk your liquidity event by leveraging blended finance—a powerful strategy that combines private investment with government grants, subsidies, and low-cost capital. This approach not only reduces downside risk but also provides access to *non- dilutive “free money” to fuel your growth. By structuring deals that integrate public and private funding, we ensure you get maximum value with minimal risk, all while maintaining control of your business. With over 300 years of combined experience, we specialize in securing financial advantages that others overlook.
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Our People
Protopian has built an experienced and cohesive team of investment professionals. The firm’s general partners have worked together since the early 2000s, an collectively bring 120+ years of experience in private company investing, business management, investment banking, venture capital, management consulting, and public accounting. Beyond providing capital, our investment team has the knowledge, expertise, contacts, and other resources to assist management in all aspects of corporate growth.
Collectively, our team has completed dozens of acquisitions and integrations in residential construction material manufacturing and more than 200 across various industries worldwide
Get To Know Us
John Bowater
Deputy CEO/CFO at Aggregate Industries
David Deters
CTO at Orion Engineered Carbons
Dave Beltz
VP/CIO At Trinsio
Investment Strategy
Protopian has built an experienced and cohesive team of investment professionals. The firm’s general partners have worked together since the early 2000s, and collectively bring 120+ years of experience in private company investing, business management, investment banking, venture capital, management consulting, and public accounting. Beyond providing capital, our investment team has the knowledge, expertise, contacts, and other resources to assist management in all aspects of corporate growth.
Collectively, our team has completed dozens of acquisitions and integrations in residential construction material manufacturing and more than 200 across various industries worldwide.
Learn MoreInsights
Diversity vs. Homogenization in Roll-ups
How to balance efficiency and individuality in roll-ups to preserve what makes businesses unique while driving growth.
Sustainability in Roll-ups
Turning Green Practices into Competitive Advantages
The Future of Roll-ups in Niche Markets
When you roll up businesses in a niche market, you can achieve things that individual companies can’t do on their own.