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Family HoldingAllocates capital directlyLAST VERIFIED Oct 2026 · 10 SOURCES

Berwind Corporation

Also known as Berwind

Sixth-generation family-owned Philadelphia investment company (roots in 1886) buying and holding 100% of niche-leading manufacturing and service firms; also an LP in 100+ VC, growth and buyout funds.

USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors

Philadelphia family-owned investment company of the Berwind family (roots in 1886). Not Spring Point Partners, the family's separate social impact organization, and not the Berwind operating companies themselves (Colorcon, CRC Industries, Maxcess, etc.).

Family & background

FAMILY
Berwind
HEADQUARTERS
Philadelphia, United States
FOUNDED
1886

Investment approach

SECTORS
Industrial & ManufacturingHealthTech
GEOGRAPHY
Global
STAGES
Buyout
ROUTES
Direct investments · Funds (as LP)
STRATEGIES
Private equityDirect investmentsFunds (as LP)
TICKET
$300M–$1.5B
INBOUND
Accepts submissions

Overview

Berwind Corporation is a sixth-generation family-owned investment management company based in Philadelphia whose roots go back to 1886. It follows a buy-and-hold strategy, seeks 100% ownership as a cash buyer, and its website lists ten operating companies with 10,000+ employees across more than 150 locations, including Colorcon (acquired 1978), CRC Industries (1981), Maxcess (2018), Medbio (2021) and Levitronix (2026). The site gives a deal size of $300 million to $1.5 billion for new platform companies (preferred $500 million to $1 billion), with bolt-on acquisitions of any size if assimilated into an existing Berwind company. Separately, Berwind is a limited partner in over 100 venture capital, growth equity and buyout funds, primarily with managers based in the US and Europe.

Investment thesis

Acquires high-performing, high-gross-margin businesses that lead their niche markets, operate in industries with sustainable organic growth above GDP, have an international focus and emerging entrepreneurial management teams, and holds them long term under private ownership.

Holdings & investments (9)

People

  • Andrey Galiuk
    Senior Vice President – Corporate Development & Chief Investment Officer · source
  • Timothy Callahan
    President & Chief Executive Officer · source
  • Raymond Baran
    Chief Operating Officer · source
  • Stephen Aldrich
    Senior Vice President & Chief Financial Officer · source
  • Pamela Lehrer
    Senior Vice President & General Counsel · source

Classification

Family Holding. A family's holding company that owns stakes in several separate businesses or invests beyond its own group, without calling itself a family office. How family capital is classified →

FAQ

Berwind Corporation is a family holding based in Philadelphia, the United States, founded in 1886.

Berwind Corporation invests on behalf of the Berwind family.

Berwind Corporation invests directly in companies and in third-party funds as an LP. Its stated asset mix includes private equity, direct investments and funds (as lp).

Berwind Corporation invests at Buyout stage in Industrial & Manufacturing and HealthTech.

Berwind Corporation's stated ticket size is $300M–$1.5B.

Key people at Berwind Corporation include Timothy Callahan (President & Chief Executive Officer), Raymond Baran (Chief Operating Officer), Stephen Aldrich (Senior Vice President & Chief Financial Officer) and Andrey Galiuk (Senior Vice President – Corporate Development & Chief Investment Officer).

Berwind Corporation's holdings and investments include Colorcon, CRC Industries, Levitronix, Maxcess, Medbio, Oliver Healthcare Packaging, Protective Industries and TASI Measurement, among others.

Berwind Corporation states that it accepts submissions through its official contact page.