Aaron Maeng
Partner · American Securities LLC
Get their honest, personalized take on your startup.
Sign in to pitch Aaron →At a glance
- Title
- Partner
- Role
- Private Equity Investor / Operating Committee Member
- Firm
- American Securities LLC
- Firm Type
- Private Equity
- Investment Stage
- Buyout / Growth Equity (middle-market and upper middle-market)
- AUM
- Approximately $26 billion under management (American Securities and affiliates)
- Location
- New York, NY (590 Madison Avenue, 38th Floor, New York, NY 10022)
Background
Aaron Maeng is a Partner at American Securities, a leading U.S. private equity firm, where he has been since 2014. He is a member of the firm's Operating Committee and focuses on investments in building products, distribution, and services sectors. He currently serves as Chairman of the Board of Aramsco and Chairman of the Board of RealManage, two of American Securities' active portfolio companies. He has previously served as a board director for Foundation Building Materials, Henry Company, Hexion, Oregon Tool, The Aspen Group, and United Distribution Group.
Prior to joining American Securities, Maeng was an Associate at Battery Ventures, where he focused on growth and buyout transactions in software, services, and industrial technology. Before Battery Ventures, he worked as an investment banking analyst at Jefferies & Company in the TMT (Technology, Media & Telecommunications) Investment Banking group and as a management consultant at L.E.K. Consulting. He began his career as a systems engineer at CenturyLink, Inc.
Maeng holds a BS in Electrical Engineering from the University of Texas at Austin and an MBA from the Wharton School at the University of Pennsylvania. He is also affiliated with Robert F. Kennedy Human Rights, a nonprofit human rights advocacy organization.
Investment Thesis & Focus
American Securities invests in market-leading North American companies with annual revenues generally ranging from $200 million to $2 billion and/or $50 million to $250 million of EBITDA. The firm takes a long-term, operationally focused approach to value creation, working closely with management teams to drive organic growth, pursue strategic acquisitions, and improve operational performance. Maeng's personal sector expertise centers on building products, distribution, and services businesses, with a track record of helping portfolio companies scale through both organic growth and acquisitions. The firm's affiliate, Ascribe Capital, manages approximately $2 billion of long-term capital focused on investing in the debt and sometimes equity securities of middle-market companies.
Notable Investments
- Aramsco (2023) -- Leading specialty distributor to contractors and facility maintenance professionals across the U.S. and Canada; 80+ branches, 45,000+ products, 1,000+ employees. Maeng serves as Chairman of the Board.
- RealManage (2022) -- Third-largest HOA and condominium management company in the U.S., serving 3,000+ communities across 19 states. Maeng serves as Chairman of the Board.
- Foundation Building Materials (2021, exited 2025) -- Leading North American distributor of interior building products (drywall, metal framing, ceiling systems). Grew to 370+ locations under American Securities/CD&R ownership with 27% annual revenue growth and 31% annual EBITDA growth. Sold to Lowe's for $8.8 billion.
- Hexion -- Global specialty chemicals company focused on adhesives and performance materials (Columbus, OH). Maeng served as board director.
- Oregon Tool -- Global manufacturer of professional-grade cutting tools and equipment. Maeng served as board director.
- Henry Company -- Building envelope systems company. Maeng served as board director.
- The Aspen Group -- Healthcare services company. Maeng served as board director.
- United Distribution Group -- Distribution company. Maeng served as board director.
Unlock the full research
Get how to approach them, recent activity, sources, contact links — plus pitch their AI twin for a candid read on your raise.
One-time. Stays unlocked for you.