Schilling Ventures

Schilling Ventures, LLC is a privately held operations-focused holding company founded in 2010 and based in Naperville, Illinois. The firm acquires small lower-middle-market manufacturing and industrial-service businesses (targeting companies with USD 2 to 20 million in revenue and USD 0.5 to 5 million in EBITDA), with sector interests including non-automotive transportation, building products, material handling, food, water treatment, and energy components. Rather than operating as a traditional fund-based private-equity firm, Schilling Ventures is structured as a permanent-capital holding company focused on owner transitions, recapitalizations, and long-term operational transformation through Lean enterprise methodology. The firm is led by Chief Executive Officer Paul E. Golden and has co-invested alongside Prospect Partners on deals including the 2014 recapitalization of Cyclonaire Corporation, a specialist in pneumatic conveying systems for dry-bulk materials handling.