About | Lundgren Holdings LLC

AUM

About Us

Investment Focus: Industry, Technology, and Legacy Businesses

Lundgren Holdings LLC is a single-family office that strategically invests own capital in industries positioned for long-term growth—focusing on operationally sound, scalable, and sustainable businesses. Our portfolio spans sectors aligned with our core expertise and the evolving needs of the global economy.

Lundgren Holdings maintains a meaningful reserve of cash, fixed income, and marketable securities to support timely investments, stabilize portfolio risk, and pursue opportunistic capital deployment without external reliance.

Criteria for Direct Investments

Lundgren Holdings LLC applies a disciplined, data-driven approach to capital deployment, ensuring alignment with strategic priorities and robust operational standards.

Core Investment Requirements

Active Partnership Approach: Lundgren Holdings takes an involved, hands-on approach to its investments—partnering closely with management to accelerate growth, improve operations, and unlock long-term value.
Typical Investment Size: Three tiers—in equity, debt, or structured capital solutions.:
- $100,000 to $500,000 for most deals
- $500,000 to $2 million for high-conviction opportunities with scalable potential
- $2 million to $5 million for strategic, long-term positions in core sectors
Revenue Threshold: Minimum of $250,000 in annual revenue. Exceptions may be considered for high-potential, pre-revenue ventures with clear product-market fit and near-term monetization potential.
Cash Flow & Profitability: Preference for companies with positive cash flow or a credible path to profitability within 12 to 24 months.
Industry Focus: Must align with Lundgren Holdings’ core verticals:
- Critical Materials & Mining
- AI & Automation
- Crypto & Data Mining
- Automotive
- Franchise & Legacy Businesses
- Real Estate & Infrastructure
Operational Strength: Must be led by experienced management teams with a demonstrated track record of execution.
Market Strategy: We target companies with defensible competitive advantages, high barriers to entry, and scalable operations.
Capital Structure Flexibility: We invest across the capital stack—taking majority or minority positions and providing equity, debt, or hybrid capital solutions.
Asset-Backed Security (for Debt Investments): Preference for collateralized structures, including real estate, equipment, or inventory.

Our disciplined investment approach is rooted in long-term value creation, risk-adjusted growth, and active investment management. We partner with entrepreneurs, operators, and market leaders to bundle successful businesses, optimize financial performance, and deliver lasting value to stakeholders.

Meet the Team – A Family-Led Firm

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Managing Member

Alexander Lundgren

Founding Member & Initial Investor | Evolution Metals & Technologies
Co-Founder, Principal & CIO | Lundgren Holdings LLC

Alexander Lundgren is a founder and investor reshaping future industries—spanning critical materials, digital infrastructure, and energy—with a reputation for turning complex ecosystems into scalable enterprises. His work in finance spans the critical materials sector, mining, energy infrastructure, and large-scale crypto mining, placing him at the nexus of industries reshaping the global economy and supply chains.

He began his career as a founding member of Zafra LLC, a start-up crypto co-location and infrastructure provider, where he served as Head of Business Development and Interim CFO. Zafra became one of the few cryptocurrency operators in the United States to secure a BitLicense from the New York State Department of Financial Services—one of the most stringent regulatory frameworks in digital finance. In Plattsburgh, New York, Zafra developed and operated a 10+ megawatt hydro-powered mining facility, leveraging sub–$0.03/kWh electricity, making it one of the most cost-efficient and legally compliant mining operations in North America. In partnership with Sangha Systems, Zafra co-developed and operated an 82-megawatt crypto-mining site at 82 River North, a repurposed steel mill in Hennepin, Illinois—the largest bitcoin mining operation in the state. His work at Zafra earned national recognition, with coverage in The Wall Street Journal, MIT Technology Review, Forbes, PBS, The New York Times, and Yahoo Finance.

Following Zafra, Alexander transitioned into the global critical minerals sector by joining Evolution Metals Corp (EMC), a mining-focused asset management firm with a portfolio of assets across Africa, Asia, the United States, and Central America. At EMC, he focused on structuring complex transactions, conducting diligence on large-scale mining projects, and managing capital deployment across the critical materials supply chain. During this time, he also worked at boutique UK consulting firm AVASK Group in Southampton, advising on EU/UK tax structuring and cross-border regulatory compliance, and served as the liaison between its U.S. and UK offices.

Driven by a shared desire with his partner & founder of EM&T, David Wilcox, to bring a vertically integrated, U.S.-anchored solution to public markets, Alexander went on to become a founding member and initial investor in Evolution Metals LLC, a spinoff formed to consolidate midstream and downstream capabilities across the battery recycling, rare earth, and advanced manufacturing sectors. The company’s platform spans lithium-ion battery processing in the U.S. and magnet, alloy, and AI-enabled automation technologies across South Korea. In May 2025, Welsbach Technology Metals Acquisition Corp. and Evolution Metals LLC announced that the SEC had declared their Form S-4 registration statement effective, clearing the way for the business combination via de-SPAC. The merger is expected to close in July 2025, with the combined entity, Evolution Metals & Technologies Corp. (Nasdaq: EMAT), listing at a pre-money valuation of $6.2 billion.

He holds a Bachelor of Arts in Pre-Law from Palm Beach Atlantic University.

Vice President

Brooke Byers

Partner & Shareholder | Byers Automotive

Co-Founder & Vice President | Lundgren Holdings

Brooke Byers is a seasoned entrepreneur, investor, and operator with over 15 years of experience across automotive, retail, and real estate. As a shareholder in Byers Auto, one of the largest family-owned dealership groups in the United States with over $700 million in annual revenue, Brooke developed deep operational expertise across all facets of the business.

In 2024, Brooke completed a majority equity exit from Byers Auto to pursue her long-term vision of building a next-generation dealership platform.

As a co-founder and principal of Lundgren Holdings LLC, Brooke leads investment strategies across venture capital and commercial & residential real estate. She currently oversees the firm’s high-end residential real estate development portfolio, with active projects in select U.S. markets. Her work encompasses end-to-end development, including land acquisition, the architectural design process, and construction management with an emphasis on long-term asset value.

Brooke is deeply engaged across all Lundgren Holdings investments, applying a hands-on approach that prioritizes disciplined execution and scalable growth.

Outside of her business pursuits, Brooke is a passionate automotive enthusiast and collector, with a focus on Lamborghini and Porsche. She is also a dedicated Belgian Malinois trainer, drawn to the breed’s intelligence, discipline, and drive—qualities that mirror her own values in leadership and entrepreneurship.