Voices of Experience told by Our Partners

Since our founding in 2005, Ashland has built enduring relationships with many of the same investors who have joined us from the start. Their continued supports over two decades reflects one key reason: consistent performance.

We also take pride in the trust placed in us by business owners. Many choose to roll a portion of their equity forward and co-invest alongside Ashland—seizing the opportunity to share in the upside we strive to create together. These partnerships are not just financial; they are rooted in aligned goals, mutual respect, and a shared commitment to long-term value.

The following testimonials—from both our investors and those who have sold some equity in their businesses to Ashland—offer direct insight into the performance, partnership, and follow-through that define the Ashland approach.

“A Wonderful Partnership”

I have known Ashland since 2005, when my partner and I sold our business. My partner fully exited, and I stayed on as CEO and a minority owner. I have since retired, but I have continued my ownership position, sit on the Board of Directors, and my son is still involved in the business. I’ve always found Ashland to be in support of the business through good times and bad. Thankfully, the business has significantly grown during the years that Ashland has been involved. It has been a wonderful partnership."

- Bill Baalmann, Founder, KBK Industries

“The Perfect Partner”

"Ashland Capital Partners has proven to be the perfect partner to help us improve and grow our business. ACP’s commitment to strategic management and operational performance allows their portfolio companies to focus on growing and improving their business for the long term."

- Todd Plage, CEO of Mayco Industries

“One of my Best Decisions”

“Investing in the Ashland’s portfolio companies has been one of my best decisions I have made. In two of the deals, I have received all of my full initial capital back and continue to receive distributions. The businesses have grown significantly under Ashland’s management and are worth far more than we originally paid -making the capital appreciation in another major win.”