Building
character
partnership
adaptability
service
over time.
We invest time and capital,
so great businesses can
keep going.
Our purpose is to
build value that extends beyond ourselves and our lifetimes.
We invest
enduring equity
to perpetuate
the forward motion
of a great business.
We acquire and operate businesses that create long-lasting value—for customers and investors alike.
We pair excellence and a relational approach to our services.
We believe in the
power of partnership—and in leadership grounded in character and service.
1. Purpose
Our purpose is to build value that extends beyond ourselves and our lifetimes.
We are a team of investors, building with shared values. We seek to create enduring value for many—not short-term gain for a few.
1. Purpose
We are a team of investors, building with shared values. We seek to create enduring value for many—not short-term gain for a few.
We're building with these values:
Partnership over time
We will be a trusted partner to great businesses. Because endurance needs relationship.
Character over time
We will bring integrity and a Midwestern work ethic to everything we do. Because endurance doesn’t take shortcuts.
Adaptability over time
We will try, test, learn, and build in pursuit of continuous improvement. Because endurance embraces new possibilities.
Service over time
We seek to honor people and their interests ahead of our own gain. Because endurance requires sacrifice.
2. Philosophy
We invest enduring equity to perpetuate the forward motion of a great business.
Enduring equity is an investment strategy that positions businesses for the great possibilities that can only be built with a long-term outlook. The businesses we invest in are meeting needs and solving problems that make lives and communities better. We ensure they can keep building without the risk of interruption, whether when a founder departs or otherwise.
2. Philosophy
Enduring equity is an investment strategy that positions businesses for the great possibilities that can only be built with a long-term outlook. The businesses we invest in are meeting needs and solving problems that make lives and communities better. We ensure they can keep building without the risk of interruption, whether when a founder departs or otherwise.
The mindset of Enduring Equity:
Holds a company indefinitely
Ensures operations and culture continue as they are
Preserves a founder’s legacy and vision
Develops existing management team
Creates long-term value for many
Negotiates without an exit in mind
3. Portfolio
We acquire and operate businesses that create long-lasting value—for customers and investors alike.
The companies in our portfolio are in diverse industries, but have a common commitment to excellence and innovation. We are highly selective about the companies we acquire, with a focus on quality not volume. Our team continues to seek strategic acquisitions to operate and help scale over the long-term.
3. Portfolio
The companies in our portfolio are in diverse industries, but have a common commitment to excellence and innovation. We are highly selective about the companies we acquire, with a focus on quality not volume. Our team continues to seek strategic acquisitions to operate and help scale over the long-term.
Our Companies
Eagle River Utility Solutions
Eagle River specializes in horizontal directional drilling, fiber optic installation, and underground utility construction with a commitment to bring unmatched effort and attention to detail. The Eagle River mission is to deliver utility solutions that elevate the lives of people and strengthen American infrastructure.
Inaru
Inaru owns and operates an organic cacao processing and distribution business located in the tax-free zone of Santo Domingo, Dominican Republic. Inaru’s farmers-first approach enriches producers without middlemen and markups, through direct payments to farmers via exclusive contracts. Farmers enjoy a profit share from products made from their beans, directly aligning Inaru’s success with their own. Inaru sources and supplies only premium Dominican cacao beans by building end-to-end production and traceability capabilities that span all phases of the supply chain—farming, fermentation, refinement, product development, and all logistics therein.
Five Star Storage
Five Star Storage has offered clean, premium, and competitively priced storage units across the Midwest and Rocky Mountain West since 2004. Five Star’s management has decades of professional real estate investment and property management experience. The mission of Five Star Storage is to make a positive impact in its communities by providing reliable, convenient, and innovative space to residents, students, and businesses alike.
4. Services
We pair excellence and a relational approach to our services.
To better serve our investors we provide asset management services alongside our direct investment to our portfolio companies. Asset management services are provided by the Endurance Capital team, which collectively has 70+ years experience in asset management, investment strategy, and operational excellence.
4. Services
To better serve our investors, we provide asset management services and operations guidance to our portfolio companies in addition to direct investment. Asset management services are provided by the Endurance Capital team, which collectively has 70+ years’ experience in asset management, investment strategy, and operational excellence.
Our two areas of service:
Long-term holding company
Buying and holding great companies indefinitely
Asset management services
Stewarding capital appreciation with a long-term focus
3. People
We believe in the power of partnership—and in leadership grounded in character and service.
We are driven by Midwestern values, and a commitment to honesty, integrity, and transparent dealings. A mindset of collaboration is at our core; this applies to how we partner with each other and with the companies we own. With a builder’s mindset and a long-term focus, we are motivated to steward our time and capital in service of the ideas and leaders that outlast us.
5. People
We are driven by Midwestern values, and a commitment to honesty, integrity, and transparent dealings. A mindset of collaboration is at our core; this applies to how we partner with each other and with the companies we own. With a builder’s mindset and a long-term focus, we are motivated to steward our time and capital in service of the ideas and leaders that outlast us.
Our Management
Jake Hendricks
CEO & President
Jake Hendricks is a founding principal, board member and the CEO of Endurance Capital. Prior to launching Endurance Capital, Jake was a partner and member of the board of directors at Felhaber Larson in Minneapolis, where his legal practice focused on complex finance, real estate and business transactions. Jake leads all functions of Endurance Capital, including acquisitions, financing, investor relations, asset management, and business strategy. Jake received degrees in Business and Economics from Concordia College (Moorhead) and his law degree from University of St. Thomas School of Law in Minneapolis. In addition, Jake serves as a member of the board of directors of First Resource Bank based in Minneapolis, and the Minnesota Self Storage Association. Jake is also active in a variety of youth sports organizations and TreeHouse, a nonprofit organization focused on ending hopelessness among teens.
Jimmy McGuire
CFO
Jimmy is the CFO of Endurance Capital and has 30 years’ experience in a variety of finance and operational roles. Jimmy plays a crucial role in developing and executing the financial strategy and planning for Endurance Capital and its subsidiaries, including debt and equity financing, reporting, and oversight. Jimmy graduated from the University of Notre Dame.
Chris Kampmeyer
Director of Acquisitions & Development
Chris is the Director of Acquisitions for Endurance Capital and joined the team after a successful tenure as a broker at Marcus & Millichap focusing on self-storage sales. Chris’ primary role will be identifying potential acquisitions, leading underwriting and due diligence and closing new deals. Chris graduated from the University of Minnesota Duluth where he played varsity baseball.
Bill Schneider
Vice President & Portfolio Company Manager
Bill Schneider is a founding principal, board member, and officer of Endurance Capital. Bill has held senior leadership roles in both publicly traded and privately held organizations, including serving as CEO at Knife River Corporation in Bismarck, North Dakota. Bill assists the Endurance Capital acquisitions team with sourcing of investment opportunities, asset management, and investor relations. Bill also serves as a portfolio company manager and advises senior management of businesses acquired by Endurance Capital. Bill and his wife Karen have a deep passion and partnership with Unbound, an organization that partners with families living in poverty, empowering them to fulfill their potential. Each year, Bill and Karen travel around the world with the organization.
Our Board Members
Jake Hendricks
Jake Hendricks is a founding principal, board member and the CEO of Endurance Capital. Prior to launching Endurance Capital, Jake was a partner and member of the board of directors at Felhaber Larson in Minneapolis, where his legal practice focused on complex finance, real estate and business transactions. Jake leads all functions of Endurance Capital, including acquisitions, financing, investor relations, asset management, and business strategy. Jake received degrees in Business and Economics from Concordia College (Moorhead) and his law degree from University of St. Thomas School of Law in Minneapolis. In addition, Jake serves as a member of the board of directors of First Resource Bank based in Minneapolis, and the Minnesota Self Storage Association. Jake is also active in a variety of youth sports organizations and TreeHouse, a nonprofit organization focused on ending hopelessness among teens.
Rick Moulton
Rick Moulton is a founding principal and board member of Endurance Capital. He is also a member of the management team and a lead portfolio manager at Riverbridge in Minneapolis. He has been with Riverbridge for almost all of its 30-year history and is a member of the board of governors. Rick earned a BSB degree in finance from the University of Minnesota Carlson School of Management. He is a member of CFA Institute and CFA Society of Minnesota. He also serves on the board of the Heritage Christian Academy Foundation in Minneapolis. He enjoys spending time with his two children and cheering on his “beloved” Minnesota Vikings.
Mark Thompson
Mark Thompson is a founding principal and board member of Endurance Capital. Mark is also the co-founder of Riverbridge, an investment firm with a mindset for long-term investing. He serves as Executive Chairman of Riverbridge. He earned his BSB in finance from University of Minnesota Carlson School of Management. In addition, Mark serves as a member of the board of directors of Wiland Direct, Inc., Tradition Bancshares, Inc., Macro Biologics, Inc., Prospera, Inc., Qbench, Inc., Motivation AI, Inc., a Trustee of the LoCorr Mutual Funds, director of TreeHouse and Opportunity International Nicaragua. Mark is active in the Minneapolis City of Lakes Rotary Club and his local church.
Charles Hendricks
Chuck is a member of the board of directors at Endurance Capital and has over 45 years of construction and real estate investment experience ranging from multifamily to self-storage. In addition to his role as a board member, Chuck also advises the Endurance Capital acquisitions team on new self-storage development projects and acquisitions. Chuck graduated from Montana State and is a certified property manager (CPM®).
Ben Hendricks
Ben is a member of the board of directors at Endurance Capital and the CEO of Five Star Storage, an Endurance Capital affiliate, and is a nationally-recognized expert on self-storage operations and facility management. He also assists Endurance Capital and its subsidiaries with strategic planning, asset management, new acquisitions and investments and development projects. Ben graduated with a degree in Business and Marketing from North Dakota State.
Bill Schneider
Bill Schneider is a founding principal, board member, and officer of Endurance Capital. Bill has held senior leadership roles in both publicly traded and privately held organizations, including serving as CEO at Knife River Corporation in Bismarck, North Dakota. Bill assists the Endurance Capital acquisitions team with sourcing of investment opportunities, asset management, and investor relations. Bill also serves as a portfolio company manager and advises senior management of businesses acquired by Endurance Capital. Bill and his wife Karen have a deep passion and partnership with Unbound, an organization that partners with families living in poverty, empowering them to fulfill their potential. Each year, Bill and Karen travel around the world with the organization.
