Innovative GrowthManagement LLC
Chicago skyline along the Chicago River at dusk

Your partners in growth.

A firm built by operators

IGM was founded in Chicago in 2016 by the Lagisetty family after building and running manufacturing and technology businesses; it invests its principals' capital alongside partners in private companies it can help operate.Private investment firm based in Chicago, USA. Unlocking Potential, Guided by Trust

The firm

Strategy

We buy established, traditional businesses — often together with the property they operate from — and create value two ways: the operator-led way private equity investors know, and with our own AI operating system, working on the levers that drive value.

Beyond capital, IGM is an operator with its own operating system. VionOS — Vision On OS — the AI operating system we build with our technology partner USSP, keeps a continuous view of each business we own, takes the routine off managers' desks, anticipates the week and runs the customer relationship — and moves each business, step by step, toward one that is autonomous in the routine, with people setting the goals and deciding the exceptions. Today every action it proposes is approved by a person. We build it on our own floor, use it in every business we own at different stages of maturity, and reuse every integration, playbook and capability in the next business we acquire. People set the direction; the business runs the day.

IGM typically acquires both the operating business and the real estate it operates from — owning the property alongside the business helps manage risk and puts a tangible asset behind the investment. Today IGM owns two commercial buildings, home to its Launch family entertainment center and its Goddard School early-childhood education center. We own what we operate

An operating system that senses, runs, anticipates and learns — built once, used in every business we own. How we operate: VionOS

Related companies

USSP (US Software Professionals Inc.), a Chicago-based IT services and AI solutions firm founded in 2003, is IGM's technology partner. We co-develop VionOS and Aria with USSP. USSP is not an IGM portfolio company. www.ussp.co

Founded in 2016 and headquartered on North Michigan Avenue in Chicago, IGM invests its own capital and that of aligned partners in private companies with revenue up to $50 million and EBITDA up to $5 million. Investment criteria

A family of operators

Our Leadership

Entrepreneurial spirit and family values drive our investment approach. As a family of entrepreneurs with a strong manufacturing background, we have established an investment office committed to empowering growth and creating value. Our leadership team, comprised of experienced entrepreneurs, brings diverse expertise to evaluate opportunities strategically. We prioritize long-term partnerships, offering not only capital but also strategic guidance and operational support. With responsible investing at our core, we integrate environmental, social, and governance considerations. Join us in unlocking opportunities, driving growth, and making a lasting impact as we embrace the power of our family-based approach at Our Investment Office.

Since our founding in 2016, IGM's investment solutions have allowed us to successfully grow small and lower middle-market companies across a variety of industries.

IGM has experience working with a variety of investment solutions and a key to every structure is our ability to bring our capital in a very conservative structure to ensure success depending on each company’s unique situation and goals. We have a proven track record of success creating flexible solutions for companies, while also creating lasting value for the company, its employees and investors.

Our Philosophy

Empowering Entrepreneurial Journeys: At IGM, we believe that every entrepreneur possesses the seed of greatness. Our philosophy is rooted in the conviction that with the right support, guidance, and resources, these seeds can grow into flourishing enterprises that not only create jobs but also contribute to economic prosperity and community well-being. We see potential where others see risk, and we're committed to turning visionary ideas into reality.

Our Approach

Partnership Beyond Investment: We understand that starting a business involves navigating through a maze of challenges. Our approach goes beyond mere financial investment; we offer a hand-in-hand partnership that brings time, expertise, and an extensive network to the table. By combining our resources with the passion and innovation of entrepreneurs, we create a synergy that accelerates growth and reduces the hurdles on the path to success.

How We Support You

Structured for Success: Our support framework is meticulously designed to address the critical elements of entrepreneurial success:

  • Risk Mitigation: Through strategic planning and continuous mentorship, we help you understand and manage the risks inherent in starting and scaling a business.
  • Time Optimization: We share strategies to maximize efficiency, ensuring that you can focus on what truly matters - growing your business.
  • Building Your Team: Recognizing that a strong team is the backbone of any successful venture, we assist in identifying and nurturing the talent that aligns with your business values and objectives.
  • Accelerating Outcomes: Our goal is to shorten the path to success. By providing access to capital, knowledge, and networks, we not only support your business's growth but also enhance its impact.

Joining Our Ecosystem

A Community of Innovators: When you partner with us, you become part of an ecosystem that's vibrant with innovators, disruptors, and forward-thinkers. We foster a culture of collaboration, where shared knowledge and experiences multiply opportunities for success. Our networking events, workshops, and forums are designed to keep you engaged and inspired.

Your Journey Begins Here

Taking the First Step: We know that the decision to start your entrepreneurial journey is a leap of faith. At IGM, we're ready to leap with you. Our process is straightforward and transparent, designed to get you from concept to launch with confidence. If you're driven by a vision to create, innovate, and lead, we're here to amplify your impact.

Let's Create Success Together

A Call to Action: If you're on the sidelines, wondering if your idea can become the next big thing, let's talk. We're not just looking to invest; we're looking to partner with people who are passionate about making a difference. Together, we can build a future where your business thrives, creating jobs and opportunities for many.

FAQ

Working with IGM

How does IGM work with business owners?
IGM offers a hand-in-hand partnership that brings capital, time, expertise and an extensive network. Owners can bring on IGM as a majority partner, a minority partner (keeping control), or as a provider of subordinated debt alongside a bank loan.
How do I contact IGM about my business?
Submit your business through the form at igmfund.com/business-owners (IGM's principals review it confidentially and sign an NDA before requesting detailed financials), use the contact form at igmfund.com/contact and select “Business owner seeking capital”, or email contact@igmfund.com.
What is Innovative Growth Management LLC (IGM)?
Innovative Growth Management LLC (IGM) is a private investment firm based in Chicago, USA. It was founded in 2016 by a family of entrepreneurs with a strong manufacturing background and invests in private companies in North America, India and Africa.
Where is IGM located?
IGM's office is at 875 N Michigan Ave, Suite 3100, Chicago, IL 60611, United States. Phone +1 (224) 343-3221; email contact@igmfund.com.

Let's talk about your business.

Whether you are a business owner seeking a partner or an investor evaluating IGM, we would be glad to hear from you.