A picture of downtown Spokane WA on Lakeside Private Equity Group's Homepage

Investing in Relationships to Build Communities

Meet Lakeside Capital

Based in Spokane, Washington we are a private equity firm dedicated to growing communities by creating jobs, developing businesses, and putting good land to use.

Making a measurable difference by:

  • Managing ~20,000 acres of farmland in Washington and Idaho
  • Investing in the growth of sustainable businesses
  • Creating more than 250 jobs in the Inland Northwest and dozens more in communities throughout the country
  • Building 350+ homes for local families with thousands more planned
  • Giving back to Gonzaga University, the Boys and Girls Club of America, Children’s Mercy Hospital in Kansas City, and other local organizations that develop youth and help the most vulnerable in our communities
  • Injecting growth into our investments as active owner-operators
  • Strategically making minority investments in excess of $60mm in local businesses that support growth in our regions

History

Founded in 1997 by John Hemmingson, Lakeside Capital Group was always designed to transform our region by attracting industry and adding well-paying jobs. In the two decades since, we’ve become a business leader in our communities. See our journey to become one of the leading private equity companies in the area through our milestone moments below:

1997
1999
2006
2008
2010
2012
2013
2015
2017
2018
2019
2020
2021

1997

John Hemmingson founded Lakeside Capital Group with the goal of attracting industry & jobs to Spokane & Coeur d’Alene

1999

Lakeside made its first investment in Assessment Technologies Institute (ATI)

2006

Lakeside made its first investment in PetrolinkUSA (now Reliable Industrial Group)

2010

Lakeside made its first investment in Advanced Thermoplastic Composites Manufacturing (ATC Manufacturing)

 

Lakeside invested in local banks to bolster their capital bases

2012

Lakeside started investing in land for farming and homebuilding in the Inland Northwest

2013

Lakeside created Architerra Homes to build neighborhoods of enduring value where people want to live

 

Lakeside founded Coeur Development for further vertical integration

2015

Architerra Homes sold its first home

 

ATC Manufacturing moved to a new 67,000 SQFT facility

2017

Construction begins on The Lux, a Lakeside commercial investment in luxury garage condos in Overland Park, Kansas

2018

PetrolinkUSA acquired Cogen Cleaning Technology and Energy Services International to form Reliable Industrial Group

2019

Reliable Industrial Group partnered with ExxonMobil

 

Lakeside purchased over 1,050 acres for future community development, the partnership’s largest individual investment

 

Lakeside founded Kootenai County Land Company

2020

Lakeside purchased Rainier Seeds in Davenport, Wa.

2021

Lakeside Capital Group purchased the Flint Road Building (formerly Triumph Composite Systems, Inc.) in Spokane, Wa.

Lakeside invests in innovative businesses in multiple industries. Currently, our portfolio companies operate in Agriculture, Industrial, and Real Estate. You can learn more about individual companies below or visit our operating segments page.
Lakeside Capital Group is dedicated to making strategic investments to support regional growth and to help our community thrive. Learn more about our work in the stories below.
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Spokane Journal Of Business - Triumph

Press Coverage: Lakeside Capital buys Triumph Composite Plant

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Ronald Mcdonald House Partners with Architerra Homes Blog Cover

Press Coverage: Architerra Homes partners with Ronald McDonald House Charities

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WSJ Article - WSJ/Realty.com name Coeur d'Alene, Spokane hottest cities in the US.

Press Coverage: WSJ/Realtor.com name Coeur d’Alene and Spokane as two of America’s “Hottest Housing Markets”

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Kootenai County Land Company to Develop 1,050 Acres in the heart of Kootenai County

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workers at an industrial plant

ExxonMobil Expands MobilServ℠ Program with Reliable Industrial Group

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