Transform your company.
Preserve your values.

On the cusp of the next phase in life or business? Endura invests to own companies for a generation. Together, we can create a long-term plan for your business.
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our approach

Longevity

We invest with discipline, knowing that lasting value creation requires concentrated patience over a generation.

Partnership

Fueled by a people-first philosophy, Endura believes that building mutually supportive relationships is the key to success.

Humility

We lead by serving—listening first, learning always, and stepping up to help without ego.

Endura exists to grow long lasting businesses, respect legacies, and empower the people that make it happen every day.

We navigate complexity with calm, confidence, and respect. We do not quit.

Investment Criteria

We seek partnerships with businesses to which we are confident we can add value.

Our deep understanding of the manufacturing sector allows us to help this industry’s companies—and communities—thrive.
  • EBITDA $4–15 million (smaller for add-on acquisitions)
  • Industrials and food manufacturing
  • Located in the US and Canada
  • Majority and minority investments

About Endura

We are a collection of engineers, manufacturers, and creative problem-solvers who will carefully guide you through your business transition—every step of the way.

David Bartelme

Founder
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Matthew Pikus

Vice President
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Brad Schmidgall

Senior Advisor
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News

Endura Launches as Trusted Equity Partner for Manufacturing Businesses, Emphasizing People-First Relationships and Long-Term Growth

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It’s your legacy. Take control. Contact us today to discuss a fresh start to the next chapter in your life and business.

David Bartelme

Founder

A dynamic leader, David brings a wealth of experience from diverse roles as a C-suite executive, entrepreneur, and investor. Before founding Endura, David co-founded Borgman Capital, a lower middle market private equity firm focused on the manufacturing and food and beverage sectors. Prior to that, he was on Shell’s corporate development team, contributing to over fifty mergers and acquisitions in the energy sector, spanning both domestic and international markets. David’s professional journey began as a chemical engineer in the energy and chemical processing industries, where he held managerial roles for over a decade.

David was raised in a family-owned metal fabrication and machining business—instilling in him a strong sense of responsibility for preserving a business’s legacy while prioritizing the well-being of its employees. Now, deeply passionate about developing the next generation of business leaders, David is an adjunct professor at Marquette University, where he empowers his students with the technical knowledge, professional skills, and personal growth strategies needed to thrive in both business and life.

David holds an MBA from the University of Alberta and a BSE in Chemical Engineering from the University of Washington. He enjoys Crossfit and anything that gets him outdoors with his wife, Valerie, and their two daughters.

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Matthew Pikus

Vice President

Matthew began his career on Wells Fargo’s middle market banking team where he worked primarily with founder-owned manufacturing and distribution companies. As a Portfolio Manager, he was responsible for the credit management of 20 businesses and served as a mentor for new analysts.

Prior to joining Endura, Matthew was Vice President at Borgman Capital—executing new acquisitions and divestitures, as well as overseeing portfolio company performance and working closely with management teams on strategic initiatives. His work spanned a range of industries and included both operational and financial leadership roles within portfolio companies.

Matthew holds a BSBA in Finance from Saint Louis University. Outside of work, he serves on the marketing committee at Pathways High, a diverse, project-based learning public charter school. Matthew also mentors college students by helping them navigate careers in M&A. In his free time, you’ll find him on the golf course or out on the lake. While he’s proud to now call Wisconsin home, he remains a loyal supporter of his hometown Kansas City sports teams.

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Brad Schmidgall

Senior Advisor

Brad is Chief Executive Officer of County Materials, a leading building materials and concrete products manufacturing company. His role focuses on continuing the proud legacy of the company and leading it towards strategic expansion through market-leading products and solutions, as well as fostering a culture that encourages team members to unleash their full potential. 

As a result of his grandfather, Hank Schmidgall, starting The Hawkeye Group (now Afinitas) in 1949, Brad is a fourth-generation family member in the concrete pipe and precast industry. Brad served in multiple leadership roles in engineering, sales, and operations based out of a variety of locations within the United States and Europe. When BW Forsyth Partners purchased the company in 2016, Brad was named President and ultimately CEO of Afinitas and charged with building a premier platform of concrete technology companies. Over the next 7 years, Brad and his team built Afinitas into the world’s leading and largest supplier of machinery and services for the precast concrete infrastructure market.

Brad holds a BSE degree in Mechanical Engineering from Iowa State University. In his free time, he enjoys doing Crossfit, traveling, serving in church, and spending time with his wife, Megan, and their two children.

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