Operators. Originators. Partners.
A private investment firm focused on acquiring and building enduring businesses for long-term ownership.
We serve as the principal buyer in acquisitions we originate, leading transactions from start to finish and remaining actively involved throughout ownership.
We pursue proprietary, buyer-led opportunities and do not represent sellers or run auction-driven sale processes.
Our Approach
Investment Focus
We acquire established, founder-owned businesses with durable economics.
Target profile:
$5–$50M in revenue, $1M+ EBITDA, and established operations
Founder-owned businesses exploring first institutional capital or transition
Industries where operational improvement can drive long-term value
Control or significant minority investments
Best suited for:
Relationship-driven, non-auction processes
Situations where operational expertise complements capital
Discretion, confidentiality, and thoughtful structuring
We prioritize fit and alignment and invest selectively.
Our Commitment
We engage directly with founders exploring transition, growth, or liquidity. Our work is highly selective and relationship-driven, focused on situations with genuine alignment on approach, values, and long-term vision.
Every conversation is confidential. We approach ownership as a long-term commitment, not a transaction.
Team
Our team brings decades of experience building, scaling, and operating founder-led businesses. This operator background informs our disciplined approach to acquiring and building enduring companies.
David Miller | Managing Partner
Co-Founder of LABEL and Alts, where he served as CFO and President, building finance, operations, and strategic planning functions. Former investment banker at Barclays. MBA from The Wharton School, BA from Northwestern University.
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David Miller is a Managing Partner at Miller Bay Capital, where he oversees investment strategy, capital allocation, and portfolio stewardship. David brings a rare combination of institutional high-finance expertise and hands-on operational leadership to the firm. As Co-Founder, President and CFO of LABEL and Alts, David led the companies from early-stage concepts to established multi-market platforms, building the financial, marketing, and operational infrastructure necessary to scale to more than 20 locations across major U.S. markets. David leads with a focus on disciplined capital allocation and long-term value creation— principles that guide Miller Bay Capital’s investment approach.
Prior to cofounding LABEL and Alts, David worked in the Investment Banking Division of Barclays, where he advised large multinational companies on mergers and acquisitions, capital raising and complex strategic transactions.
David earned an MBA from The Wharton School of the University of Pennsylvania and holds a BA in Economics and Political Science from Northwestern University.
Jeremy Miller | Managing Partner
Founder & CEO of LABEL and Alts for over a decade, bootstrapped to eight figures, with nearly 200 employees across 20+ locations. Forbes 30 Under 30 honoree. Featured in WSJ, Forbes, Fast Company, and Entrepreneur. BS from University of Michigan.
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Jeremy Miller is a Managing Partner and Co-Founder of Miller Bay Capital, a New York-based private investment firm focused on acquiring and building enduring businesses. He brings a rare combination of entrepreneurial vision and operational depth to the firm, the product of over a decade founding, building, and scaling businesses from the ground up.
Prior to founding Miller Bay, Jeremy was the Founder and CEO of LABEL and Alts, businesses he built from the ground up over more than a decade. The businesses were bootstrapped to eight figures in revenue, growing to nearly 200 employees across 20+ locations — without outside capital.
A Forbes 30 Under 30 honoree, Jeremy and his businesses have been featured in Forbes, WSJ, Fast Company, and Entrepreneur. He has spent over a decade developing brands, scaling operations across multiple markets, and building the teams and infrastructure to sustain long-term growth.
Jeremy holds a BS from the University of Michigan.
Contact Us
Confidential inquiries are welcome.