Our History

Headquartered in Chicago, Thurston Group was founded as an advisory firm in 1986 by Patrick J. Haynes, III. With a keen eye for market trajectory and trends, Mr. Haynes evolved Thurston Group into a private equity firm noted for its investment approach focused on growth and quality, underscored by the philosophy of buying and building businesses the right way. At Thurston Group, we build strong operations that deliver both the highest quality outcomes for customers and long-term value for investors.

For over three decades, Thurston Group has developed specific area expertise through skilled investing in healthcare and business services companies and through proactive industry research. This approach and Thurston Group’s reputation in the industry have enabled the firm to originate deals and become value-added partners to, and investors in, its portfolio companies.

Leveraging their extensive investment and operating experience alongside the application of a consistent, disciplined and repeatable methodology, Thurston Group consistently empowers companies to reach their full potential at an accelerated pace—often several years ahead of anticipated schedule. This powerhouse strategy has returned over $3B of invested capital across varying economic, industry and financing cycles.

Marine Corps - Law Enforcement Foundation

Outside of the office, Thurston Group supports The Marine Corps-Law Enforcement Foundation (MC-LEF), a not-for-profit organization providing financial support for the children of veterans who have sacrificed their lives for our country. With several former military servicemen on the Thurston Group management team, patriotism and support for our Armed Forces and their families run deep.

What We Look For

Thurston Group has curated a sophisticated and successful investment strategy for healthcare services and business services based on simple, specific criteria.

We are looking for:

  • Strong Entrepreneurs
  • Partnership Commitment
  • Organic Growth
  • Differentiated Service Offerings
  • Strong Market Reputation

When these attributes are present, we can confidently identify the company as the right partner for Thurston Group to support to growth and greatness.

What We Look For

Thurston Group has curated a sophisticated and successful investment strategy for healthcare services and business services based on simple, specific criteria.

When these attributes are present, we can confidently identify the company as the right partner for Thurston Group to support growth and greatness.

Our Approach

Thurston Group Approach - Stage

Stage

$1-20M EBITDA
≥ $10M Equity Investment

Thurston Group Approach - Sectors

Sectors

Healthcare Services
Business Services

Thurston Group Approach - Value Creation

Value Creation

Plan
Strengthen
Accelerate
Evaluate

Thurston Group Approach - Culture

Culture

Committed
Entrepreneurial
Collaborative
Growth-oriented