NEW YORK–(BUSINESS WIRE)–Star Mountain Capital, LLC (“Star Mountain”), a specialized private investment firm focused on the private U.S. businesses that have a low correlation to the public markets (the U.S. lower middle-market), announces the successful exit of its investment alongside White Wolf Capital Group (“White Wolf”) in Design Consulting Construction Management (“DCCM”), a national engineering and infrastructure consulting firm.
About DCCM
Headquartered in Houston, Texas, DCCM is a leading provider of engineering, planning, surveying, and construction management services for critical public infrastructure, including transportation and water systems. While formally established in 2021, DCCM’s legacy dates back to the 1950’s. Today, the company operates in 46 states with over 1,100 employees and serves a diverse base of municipal, state, and commercial clients. Under the ownership of White Wolf and with Star Mountain’s capital support, DCCM achieved significant growth milestones.
“Our partnership with DCCM and White Wolf exemplifies Star Mountain’s commitment to providing strategic capital solutions that empower our investment partners and portfolio companies to execute value creating growth strategies,” said John McCarty, Managing Director at Star Mountain. “We are proud to have helped White Wolf capitalize on the consolidation opportunities in the fragmented infrastructure services market and scale a national platform.”
Elie P. Azar, Chief Executive and Chief Investment Officer of White Wolf, noted, “DCCM is a testament to what can be achieved through vision, discipline, and world-class leadership. From a standing start, we built a firm that now ranks among the ENR Top 100, with over 1,100 dedicated professionals serving communities across the United States. This sale marks a significant milestone for the incredible team at DCCM whose hard work and commitment made this growth story possible. We’re confident that DCCM is poised for even greater success in its next chapter.”
Portfolio Company Leadership
“White Wolf and Star Mountain were a thoughtful and responsive partner during a critical phase of our growth,” said Jim Thompson, Chairman & CEO of DCCM. “Their support helped us build a broader platform and deliver high-quality service at scale.”
Investment Thesis
This exit highlights Star Mountain’s approach of leveraging trends in the lower middle-market, particularly as more business owners seek to sell their companies due to aging demographics. By acquiring and combining smaller businesses – often at attractive prices – Star Mountain creates larger, more efficient enterprises that can command higher market valuations. This strategy aims to generate substantial long-term returns, in addition to the steady income from its debt investments, for investors looking to diversify their portfolios. Star Mountain also partners closely with business owners with its distinctive Collaborative Ecosystem® and Portfolio Optimization team to enhance long-term value, ensuring that the interests of all stakeholders are aligned throughout the process.
About Star Mountain Capital
With over $4 billion in AUM (committed capital including debt facilities as of 8/31/2025), Star Mountain specializes in providing scalable and data-driven investment solutions across two core strategies:
- Direct Investments: Providing debt and equity capital to established lower middle-market businesses.
- Secondary Investments: Acquiring LP interests, direct assets, and making primary LP commitments.
Star Mountain’s investors include public and private pensions, insurance companies, commercial banks, endowments, foundations, family offices, and high-net-worth individuals. Employee-owned and sharing profits with 100% of its U.S. full-time employees, the firm prioritizes alignment of interests to maximize value for stakeholders.
Since 2010, Star Mountain has completed over 300 direct investments and 50 secondary/fund investments in the North American lower middle-market. The firm has been recognized as one of the Inc. 5000 fastest-growing private companies and a Best Place to Work by Crain’s New York Business and Pensions & Investments.
For more information, visit www.starmountaincapital.com.
Legal Disclaimer:
This press release does not constitute an offer to sell or a solicitation of an offer to purchase interests in any investment product. Awards and recognitions by third-party rating agencies, companies, or publications should not be interpreted as a guarantee of future results or performance. They should not be considered as an endorsement, recommendation, or referral of Star Mountain Capital or its representatives by any client or third party. Rankings published by media and industry organizations are based on information provided by the recognized advisor. Additionally, readers should understand that past performance is not indicative of future results. Award descriptions and selection methodologies may vary.
Awards and Recognition Disclosure:
Star Mountain Capital’s awards and recognitions are based on third-party evaluations and criteria, which may be subjective. These honors do not imply a guarantee of future performance or an endorsement by current or past clients.
Ranking Methodologies:
- Crain’s Best Places to Work: Evaluations were conducted through a two-part process, assessing workplace policies, practices, and employee satisfaction via surveys. Participation required a fee solely for survey processing purposes. More details are available at Crain’s eligibility criteria.
- Pensions & Investments Best Places to Work: Companies were evaluated based on surveys measuring employee engagement (75%) and employer policies (25%). Participation required a minimum of 20 U.S. employees and $100 million in discretionary assets under management. Further details can be found at P&I eligibility criteria.
- Inc. 5000 Rankings: Companies were ranked based on revenue growth from 2019 to 2022. To qualify, firms had to be U.S.-based, privately held, and independent, with revenue thresholds of at least $100,000 in 2019 and $2 million in 2022. More details are available at Inc. 5000 criteria.
Contacts
Media Contact:
John Polis – [email protected]