Alturus Capital
Invests the capital of The Albany Group
Also known as Alturus
Dallas investment firm founded by Chad Hufsey and Jacob Jones alongside A.V. Jones Jr.'s family office, The Albany Group; invests family-office capital in US growth equity and recapitalizations.
USEFUL FOR Business owners seeking a long-term partner · Co-investors
Dallas investment firm founded by Chad Hufsey and Jacob Jones alongside A.V. Jones Jr. and his family office, The Albany Group (A.V. Jones Jr. and Jean Jones and William E. Tucker families). Not the family office itself, which is The Albany Group.
Family & background
- FAMILY
- Jones (A.V. Jones Jr. and Jean Jones) and William E. Tucker families (The Albany Group)
- WEALTH ORIGIN
- Oil and gas (The Albany Group's assets are described as oil and gas partnerships, direct private equity investments and managed accounts)
- HEADQUARTERS
- Dallas, United States
Investment approach
- GEOGRAPHY
- United States
- STAGES
- GrowthBuyout
- ROUTES
- Companies (own capital)
- STRATEGIES
- Private equityDirect investments
- INBOUND
- Accepts submissions
Overview
Alturus Capital is a Dallas-based investment firm founded by Chad D. Hufsey and Jacob B. Jones alongside A.V. Jones Jr. and his family office, The Albany Group, which its website says represents the A.V. Jones Jr. and Jean Jones and William E. Tucker families and has been making investments in private companies for more than 50 years. The website says Alturus invests capital on behalf of family offices, which it says lets it invest "for generations in the future and not for the next fundraising round". It pursues majority and minority recapitalizations, executive-led acquisitions and growth equity in companies domiciled and operating in the United States with revenues of $10–150M, EBITDA of $3–15M and enterprise values of $10–100M, in business services, software and tech-enabled services, consumer, and specialty distribution and manufacturing. Its investments page lists ten transactions since 2015, including Dialexa (acquired by IBM in 2022), Encapture (acquired by SMA Technologies in 2024) and Baseline Energy Services (acquired by Pennybacker Capital in 2025).
Investment thesis
Partners with management teams of mature businesses with stable or growing EBITDA, or younger businesses with significant revenue growth and profitability, in the US lower middle market (revenue $10–150M, EBITDA $3–15M, enterprise value $10–100M), using flexible structures from minority growth equity to majority recapitalizations and executive-led acquisitions; focus sectors are business services, software and tech-enabled services, consumer, and specialty distribution and manufacturing.
Holdings & investments (9)
- DialexaNOTABLESoftware & SaaS · since 2020 · Acquired (IBM, 2022)
- EncaptureNOTABLESoftware & SaaS · since 2019 · Acquired (SMA Technologies, 2024)
- Baseline Energy ServicesNOTABLEIndustrial & Manufacturing · since 2016 · Acquired (Pennybacker Capital, 2025)
- HealthTech · since 2022
- Industrial & Manufacturing · since 2020
- Industrial & Manufacturing · since 2017
- GrowersFood & Agriculture · since 2016 · Acquired (ICL, 2020)
- TerraNavigatorClimate & Energy · since 2015 · Acquired (Ameresco, 2018)
- Timberline GasIndustrial & Manufacturing · since 2015 · Acquired (ThompsonGas, 2021)
People
Frequently asked questions
Alturus Capital is a single family office based in Dallas, the United States.
Alturus Capital invests on behalf of the Jones (A.V. Jones Jr. and Jean Jones) and William E. Tucker families (The Albany Group) family (Oil and gas (The Albany Group's assets are described as oil and gas partnerships, direct private equity investments and managed accounts)).
Alturus Capital invests its own capital into companies. Its stated asset mix includes private equity and direct investments.
Alturus Capital invests at Growth and Buyout stages in Software & SaaS, Consumer & E-commerce and Industrial & Manufacturing.
Key people at Alturus Capital include Chad D. Hufsey (Co-founder and President), Jacob B. Jones (Co-founder and Managing Director) and Will Robinson (Operating Partner).
Alturus Capital's holdings and investments include Dialexa, Encapture, Baseline Energy Services, Physicians Rehab Solution, Reliance Aircraft International, Springboard Manufacturing, Growers and TerraNavigator, among others.
The most recent publicly reported investment by Alturus Capital is Physicians Rehab Solution (Majority recapitalization and growth equity), announced in Oct 2022.
Alturus Capital states that it accepts submissions through its official contact page.