AdFi
PE

Princeton Equity Group

SEC Registered

Built Differently, by Design

Princeton, NJhttps://princetonequity.com609-454-5700
Assets Under Management
$1B–$5B
Employees
25
Office Locations
2 offices
Total Accounts
8

About the firm

Princeton Equity Group is a private equity firm focused on investing in and partnering with franchisor and multi-location businesses, combining a people-first investment approach with hands-on value creation to support long-term growth.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

Pooled Vehicles

Areas of expertise

Private EquityFranchisorsMulti-location BusinessesValue CreationFranchise InvestmentConsumer ServicesBoutique FitnessEssential Services

Services

Strategic investment and hands-on value creation partnerships with franchisor and multi-unit concepts, supporting long-term growth and scale.

Private funds / alternatives
Private Equity

Who they serve

Franchisor and multi-location businesses, including boutique fitness and essential services concepts.

Client segmentClientsAssets managed
Individuals (Non-HNW)0$0
High Net Worth Individuals0$0
Investment Companies0
Pooled Investment Vehicles0$0
Pension/Profit Sharing Plans8$1.7B
Charitable Organizations0$0
State/Municipal Entities0
Insurance Companies0
Sovereign Wealth Funds0
Corporations0$0

Leadership

Llc Princeton Equity Group
GENERAL PARTNER
Douglas Liam Kennealey
MANAGING PARTNER & LIMITED PARTNER
Douglas Liam Kennealey
MEMBER
James Nmn Waskovich Jr.
MANAGING PARTNER & LIMITED PARTNER
James Nmn Waskovich Jr.
MEMBER
Austin Thomas Cade
CHIEF FINANCIAL OFFICER & CHIEF COMPLIANCE OFFICER

Office locations

2 offices in 2 states
NJ
PrincetonHQ
TX
Dallas

Regulatory & compliance

CRD number
#310405
SEC Number
801-121932
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Performance-based
Minimum: $5,000,000 (waivable)

Data as of March 30, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. Princeton Equity Group has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.

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