01
Founder-Aligned Capital
We structure investments to align incentives between founders, management, and our capital — prioritizing long-term value over short-term extraction.
Private Equity & M&A
Building
enduring
value.
Coppice Capital partners with exceptional management teams to acquire, transform, and grow businesses with lasting competitive advantage.
$750M+
M&A & Capital
14+
Companies
6
Strategic Exits
Our Story
Disciplined
capital. Decisive
partnership.
Coppice Capital is a private equity firm based in Eagle Mountain, Utah, focused on acquiring and growing businesses with durable competitive moats. We bring patient, long-term capital alongside hands-on operational expertise to every investment.
Our name reflects our philosophy — a coppice is a grove that grows stronger with each harvest cycle. We believe businesses, like forests, flourish when cultivated with intention, patience, and deep knowledge of the terrain.
02
Operational Partnership
Beyond capital, we provide strategic, financial, and operational expertise to accelerate growth and build sustainable competitive advantages.
03
Patient Time Horizon
We take a long view on value creation — willing to hold, nurture, and grow businesses over multi-year cycles rather than chasing quick exits.
Investment Strategy
Where we
put capital
to work.
We focus on middle-market opportunities where our operational experience, sector knowledge, and capital structure create differentiated returns. Our thesis is built around businesses with strong unit economics, defensible market positions, and capable leadership teams.
01
Platform Acquisitions
We acquire established, cash-flowing businesses with $5M–$50M in revenue to serve as platforms for organic growth and bolt-on M&A strategies.
B2B Services
Manufacturing
Distribution
02
Growth Equity
We partner with high-growth companies seeking growth capital and operational expertise to reach the next stage — without losing founder control.
Consumer Leisure
Marine
Specialty Retail
03
Carve-Outs & Transitions
We pursue corporate divestitures and succession-driven transitions where our capital and partnership model can unlock trapped value.
Corporate Carve-outs
Succession
04
Target Characteristics
EBITDA-positive businesses with recurring revenue, strong customer retention, and identifiable paths to margin expansion or market expansion.
$5M–$50M Revenue
Profitable
05
Value Creation Levers
We work with management teams on revenue acceleration, operational efficiency, strategic M&A, and talent development to compound value over time.
M&A Integration
Ops Excellence
06
Geographic Focus
Headquartered in Eagle Mountain, UT with a national investment mandate, we have particular depth in the Mountain West and Western US with select international reach.
Mountain West
North America
Western US
Our Companies
A diversified
portfolio built
to last.
Coppice Capital holds active positions across marine, real estate, manufacturing, precious metals, and leisure — alongside a track record of notable strategic exits.
New · 2026
Dock Holiday
Dockside Leisure Company DBA Dock Holiday
Marine and waterfront leisure platform delivering on-water experiences and lifestyle products in the recreational lake and coastal markets. Co-founded and led by President Courtney Smith, who brings Fortune 500 leadership and sales-organization-building experience to a category built for scaled, consumer-first execution.
Active
Wyoming Reserve
Precious metals and collectibles vaulting platform offering gold and silver buying, selling, and secure storage. Serving individuals and institutions seeking tangible asset preservation.
Active
Built Trailers
Manufacturer of high-quality trailers serving commercial, agricultural, and recreational markets. Built Trailers is known for durable construction and custom-configured builds.
Active
Elevated Marine
Full-service marine dealership offering new and pre-owned boat sales, service, parts, and accessories. Representing premium brands including Nautique and Bennington across the Western US.
Active
Built Properties
Real estate development firm focused on residential and mixed-use projects across high-growth markets. Built Properties emphasizes thoughtful design, community integration, and long-term asset value.
Active
Coppice GA
A dedicated real estate portfolio concentrated in Georgia, comprising residential, commercial, and income-producing properties. Managed for long-term appreciation and cash flow generation.
Recent Activity
Updates & milestones
through 2026.
A chronological view of recent Coppice Capital activity — new investments, exits, leadership additions, and portfolio company milestones.
Q2 2026
New Investment
Dock Holiday joins the portfolio. Coppice Capital welcomes Dockside Leisure Company, doing business as Dock Holiday, as a portfolio company — a marine and waterfront leisure platform led by Co-Founder and President Courtney Smith.
Marine · Leisure
Q2 2026
Operating Partner
Courtney Smith named Operating Partner. Fortune 500 leader and former D1 athlete joins as Co-Founder and President of Dock Holiday, bringing expertise in building sales organizations, leadership development, and operational problem solving.
Leadership
Q1 2026
Portfolio
Elevated Marine expands premium brand representation across the Western US, deepening relationships with Nautique and Bennington and growing service capacity ahead of the 2026 boating season.
Marine Retail
Q4 2025
Portfolio
Wyoming Reserve grows institutional vaulting client base as demand for tangible-asset preservation broadens across individuals, family offices, and institutional accounts.
Precious Metals
Q3 2025
Portfolio
Built Trailers scales custom-configuration output with continued investment in manufacturing capacity and commercial channel development.
Manufacturing
2024
Strategic Exit
Genesis Aggregates Holdings completes strategic sale following multi-year operational scaling and regional footprint expansion.
Mining
2024
Strategic Exit
Marine Venture Group strategic sale to industry buyer at approximately $120M annual run rate, capping a multi-year acquisition and repositioning thesis.
Marine
2019
Firm Milestone
Coppice Capital founded in Eagle Mountain, Utah by Todd Soelberg with a mandate to acquire and grow middle-market businesses with durable competitive moats.
Founding
The Team
Experienced
operators & investors.
Todd began his career at Ernst & Young in Silicon Valley, where he advised some of the world's most influential technology and biotech companies including Salesforce, Google, Sun Microsystems, Intel, HP, Oracle, and CV Therapeutics. He subsequently served as Controller and CFO for a range of technology companies across California and Utah, building deep expertise in corporate finance, operations, and capital strategy.
Todd went on to found and scale multiple companies in the technology and retail sectors. As principal shareholder and CEO of Marine Venture Group, he led the business to a $120M annual run rate before executing a strategic exit. Across his career, Todd has been a principal in M&A transactions and capital raising efforts exceeding $750M — spanning acquisitions, divestitures, growth financings, and strategic partnerships across diversified industries. He founded Coppice Capital to deploy that experience as an investor and operator, acquiring and growing exceptional businesses for the long term.
Todd Williamson is a proven entrepreneur with a track record of building and exiting businesses across manufacturing and transportation. He previously founded, scaled, and successfully exited Williamson Ocean Trailers and Aztec Trailers, establishing himself as a leader in the trailer manufacturing industry. He also founded and grew a major shuttle company operating across Utah before executing a strategic exit. Todd brings that founder's mindset and operational depth to Built Trailers as Operating Partner, driving manufacturing excellence and commercial growth.
Josh Phair is Co-Founder and CEO of The Wyoming Reserve, and the Founder and CEO of Scottsdale Mint — a U.S.-based global precious metals company he built from the ground up in 2008 after serving as Vice President at Willis Towers Watson, where he ran the North American Mining Practice and personally managed risk operations for dozens of the world's largest mining companies.
At Scottsdale Mint, Josh has overseen the management, trading, and hedging of billions of dollars in precious metals inventory, currencies, and digital assets, serving central banks, Fortune 500 companies, and sovereign nations across more than 20 countries. An early adopter of digital assets, he serves on the Advisory Board of Monarch Wallet and holds a degree in Business Risk Management from Florida State University.
Nick Stiller is a seasoned marine industry leader with a proven track record of consistently driving performance beyond natural capacity through exceptional leadership and a relentless focus on the customer experience. He has built a reputation for assembling loyal, high-performing teams that are unified around a winning culture — delivering best-in-class results through discipline, accountability, and a customer-first mindset at every touchpoint. At Elevated Marine, Nick brings that same proven playbook to bear, elevating the dealership experience and setting the standard for what recreational retail can look like in the Western US market.
Courtney Smith is Co-Founder and President of Dockside Leisure Company, doing business as Dock Holiday. Courtney brings extensive Fortune 500 experience to the Coppice Capital portfolio, with deep expertise in leadership, building and scaling high-performing sales organizations, and structured problem solving in complex operating environments.
A former Division I athlete, Courtney leads with the same mindset that defined his playing career — he grinds until the win is on the board. He combines competitive intensity with a player-coach approach to talent development, recruiting and developing teams that compound results over multi-year cycles. At Dock Holiday, Courtney is building a consumer-first marine and waterfront leisure brand designed to scale.
Contact Us
Let's explore
the opportunity.
Whether you're a business owner considering a sale, a management team seeking a capital partner, or an intermediary representing a client — we'd like to hear from you.