Borgman Capital Expands to Indianapolis with Addition of Matt Kreutz as Managing Director of Deal Originations

MILWAUKEE – (JULY 15, 2025) – Borgman Capital, a Milwaukee-based private investment firm, today announced the addition of Matt Kreutz as managing director of deal originations. Based in Indianapolis, Kreutz will lead Borgman Capital’s efforts to source direct investment opportunities in Indiana and the surrounding region.

Kreutz has more than 27 years of experience building, scaling, advising, and selling companies. He has partnered with middle-market business owners across the technology, consumer products, and food and beverage sectors.

“We believe mid-sized markets like Indianapolis are full of opportunity with founders and business owners seeking a thoughtful transition partner,” said Sequoya Borgman, founder and CEO of Borgman Capital. “These markets offer less competition for deals, stronger access to local brokers and owners, and more room to establish a platform. We’re thrilled to have Matt join the team because of his deep experience advising and operating businesses, and his strong connections in the region.”

Before joining Borgman Capital, Kreutz spent nine years at a boutique investment bank focused on middle-market technology companies, advising on a wide range of M&A and financing transactions. Earlier in his career, he founded and exited two high-growth e-commerce businesses and acquired and scaled a specialty coffee roasting company. He began his career as a business valuation analyst at a Big Four accounting firm and later served as an analyst at a Chicago-based bank.

“I’m excited to join Borgman Capital because they truly value working closely with business owners to achieve their goals,” said Kreutz. “I look forward to helping grow the firm’s presence and connecting with the strong dealmaking community in Indianapolis and nearby regional markets.”

Kreutz holds a B.A. in Economics from DePauw University, in the Management Fellows Program, and an M.B.A. in International Management from Thunderbird.

Founded in 2017, Borgman Capital has completed 20 acquisitions to date. The firm introduced a real estate practice in 2021 and expanded its footprint to the Twin Cities in 2023 and Portland, Oregon, in 2024. Borgman Capital invests in profitable, stable companies with annual revenue of $10 million to $100 million and EBITDA of $2 million to $15 million. Its current portfolio includes eight businesses across manufacturing, food, and professional services.

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About Borgman Capital
Founded in 2017, Borgman Capital is a private investment firm focused on acquiring successful lower middle market businesses that are poised for growth, and real estate properties with untapped potential. Borgman Capital partners with business owners, management teams, and property owners seeking private equity as a growth or exit strategy. Headquartered in Milwaukee, the firm also has operations in the Twin Cities; Portland, Oregon; and Indianapolis.

 
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