Red Top Capital LLC was started in 1993 in Hartland, WI by Ted and Tom Rolfs. Red Top Capital LLC affiliated with two partners and investors located in North Carolina for seven years. While these two partners do not currently participate in transactions with Red Top Capital LLC they were involved with the earlier transactions completed by Red Top Capital LLC.

In total Red Top Capital LLC has participated in over 15 transactions since 1993. Ted and Tom are the active partners in Red Top Capital LLC and over the years we have accumulated a number of affiliated investors who will lend expertise and advice on any particular transaction. These affiliated investors are offered significant equity interests in our transactions. Their backgrounds vary from many different industries.


Theodore R. Rolfs

Ted is the owner/partner of Red Top Capital LLC a private equity investment partnership since 1993. Prior to Red Top Capital LLC Ted was with Arthur Andersen specializing in tax matters. Ted is a member of the Board of Directors for all portfolio companies held by Red Top Capital LLC. In a capacity unrelated to Red Top Capital LLC, Ted served as a director for PanVera Corporation, and currently serves on the Board of Directors for Quintessence Biosciences.


  • B.S. in Electrical Engineering (’86), an MBA (’90) and JD (’90) all from the University of Notre Dame and is currently admitted to practice law in the State of Wisconsin.
  • Advisory Council for The University of Notre Dame Law School
  • Public Service Prosecutor Waukesha County, WI 5/2005—12/2007
  • Numerous non-profit boards – primary in land conservation and private schools

Thomas J. Rolfs Jr.

Tom is a partner with Ted in Red Top Capital LLC. Tom serves on the Board of Directors for several portfolio companies controlled by Red Top Capital LLC.

Tom holds an Industrial Engineering degree B.S. (’80) and MBA (’83) from the University of Notre Dame.

Prior to working at Red Top Capital LLC, Tom worked at Robert W. Baird and Co. for over twenty years in the institutional bond sales department.

In addition to the two listed partners Red Top Capital LLC maintains affiliations with many industry executives from both public and private companies. All of our affiliated investors are invited to participate in our transactions on the same basis as the Red Top Capital LLC partners. In addition they provide us with expertise in many different industries.