Encore One, L.L.C. is a Minnetonka, Minnesota-based family office and private holding company that makes direct equity co-investments in U.S. lower middle-market companies. The firm focuses on buyout and change-of-control platform investments alongside sponsors, typically investing $2 million to $10 million. Its sector exposure includes finance, manufacturing, construction, security, and aerospace and aviation, with flexible family-office capital suited to sponsors and founders pursuing control-oriented transactions.