Our Portfolio.
Investing in sectors where execution is the bottleneck and family-owned operators are the backbone.
Legacy Holdings owns a permanent capital vehicle that acquires and operates family-owned American infrastructure businesses across the Southeastern United States.
Investing in sectors where execution is the bottleneck and family-owned operators are the backbone.
Led by operators who have built and scaled industrial businesses across construction, energy, and capital markets.
Benjamin is the Co-Founder of Legacy Holdings and the Managing Partner of American Gridwork Partners, a permanent capital vehicle acquiring and scaling profitable, family-owned American infrastructure businesses positioned at the critical bottleneck of the infrastructure grid.
He brings more than 15 years of experience across industrial construction, entrepreneurship, investing, and operational leadership. Benjamin is the Founder of Urban Umbrella, which expanded to 18 cities across the U.S. and Canada, serving clients including Apple, Louis Vuitton, Gucci, and Prada.
Prior to Legacy, Benjamin built his investment career at Compound Ventures and managed investments for a family office focused on acquiring family-owned energy businesses. He is a graduate of Syracuse University and New England School of Law.
Dan co-founded Legacy Holdings and is a seasoned executive, investor, and operator with a proven track record of building, scaling, and acquiring businesses across multiple industries. Dan co-founded Metaversal, a merchant bank for the digital culture economy. He also co-founded and served as CEO of Andover National Corporation, which acquired profitable small businesses across the United States, including seven companies across the Southeast in commercial landscaping and pest control.
Earlier in his career, Dan was Director of Investment Research at Fairholme Capital Management. Before that, he held senior roles in the U.S. government at the White House, State Department, and U.S. Treasury. As Chief Operating Officer of the Public-Private Investment Program, he helped manage a $30 billion initiative in response to the 2007 financial crisis.
Dan holds a BA from the University of Pennsylvania, an MSc from the London School of Economics, and an MA from Georgetown University.
Grant is a Partner at Legacy Holdings and a Managing Partner at American Gridwork Partners. He brings more than 20 years of experience in capital allocation, investment diligence, operations, and public policy. A Chartered Financial Analyst, he has spent his career investing across public and private markets, with deep experience in infrastructure, energy, technology, transportation, and industrial manufacturing.
He previously served as a Partner at CapWealth Group, where he co-managed public and private investments across $1.6 billion of discretionary assets under management and deployed nearly $400 million into strategic investments tied to grid modernization, energy infrastructure, and the GenAI revolution.
Grant also co-founded VMAC Holdings, a national transportation-as-a-service fleet owner that successfully exited to one of New York's largest private taxi portfolios. Earlier in his career, Grant was an Investment Research Analyst at Fairholme Capital Management.
Spencer serves as Director of Operations for Legacy Holdings and Director of Southeast Operations for the AGP portfolio, where he supports portfolio company execution, business development, post-acquisition integration, and operational growth.
Spencer brings more than 10 years of experience across civil engineering, construction operations, field execution, and business development. He has spent his career helping infrastructure and construction services businesses improve operational performance, strengthen execution, and scale effectively.
Prior to Legacy, Spencer was an early employee at Urban Umbrella and later served as Director of Operations and Business Development. He is also an entrepreneur, having owned and operated a construction services business in Vermont. Spencer holds a B.S. in Civil Engineering from the University of Vermont.
Phil is the Founder and President of PMT|SITE, the Nashville-based, self-performing earthwork and industrial utility contractor at the operating core of the AGP grid-infrastructure portfolio. With 15+ years of execution experience across underground utilities, site preparation, and critical infrastructure, Phil has built PMT into a full-lifecycle site development platform serving residential, commercial, and public infrastructure end-markets across the Southeast.
Under Phil's leadership, PMT delivers across underground utilities, site prep and grading, emergency maintenance, municipal infrastructure, and behind-the-meter sovereign and alternative power infrastructure.
Legacy Holdings applies a disciplined investment framework. Every acquisition must satisfy four primary criteria before secondary diligence even begins.
Thousands of owner-operated businesses available at attractive cash flow yields, with no dominant player and no auction process.
When companies combine, synergies are immediate. Shared bonding, procurement, estimating, and cross-sell across the platform.
Blended portfolio company age over eight years, LTM EBITDA margin above 15%, with maximum debt-to-equity limits.
Every acquisition generates positive free cash flow on day one. No turnarounds, no projections.
Operating companies serve overlapping Southeast markets. Shared mobilization, equipment, and crews reduce cost per project.
Legacy retains the operators who built the business, adding capital and platform infrastructure without replacing what works.
Legacy Holdings is focused on investments across the Southeastern United States, concentrating capital, operating expertise, and platform resources in the region where America's strongest demographic, infrastructure, and economic tailwinds converge.
