NEW YORK, September 05, 2025 — Cantilever Group, an independent investment firm specializing in middle-market GP stakes, announced today that they have made a minority equity investment in Tecum Capital, a private investment firm providing capital solutions to growth-oriented middle-market companies. Based in Pittsburgh, Pennsylvania, Tecum offers mezzanine debt and equity investments in a variety of industries, including manufacturing, value-added distribution, and business services.
The capital provided by Cantilever will enable Tecum to continue building its leadership position within the small business investment company (“SBIC”) industry by investing in its team and strategic growth initiatives. Tecum’s existing management team will stay in place to guide these efforts as it redoubles its efforts to deploy capital to US-based small businesses in the lower middle market.
“Cantilever’s investment is a strong endorsement of our team, our track record and our shared vision for long-term growth,” said Stephen Gurgovits, Managing Partner at Tecum Capital. “We look forward to leveraging their experience and resources to accelerate the growth of our business.”
David Ballard, Managing Partner at Cantilever Group, added “We are thrilled to partner with Tecum Capital and their exceptional management team as we mark the first close of our fund. Their unique expertise in the SBIC program and flexible capital solutions strengthens our confidence in the investment we have made. We look forward to supporting Tecum’s continued success.”
Sidley Austin LLP served as legal advisor to Cantilever. Republic Capital Group served as financial advisor and Goodwin Procter LLP and Bass, Berry & Sims PLC served as legal advisors to Tecum Capital.