Diligence memo · auto-generated · as of July 3, 2026

Cardinal Winchester Holdings, L.P.

Cardinal Winchester Holdings, L.P. looks over-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Cardinal Winchester Holdings, L.P. operates in Construction, based in DALLAS.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Cardinal Winchester Holdings, L.P. has raised $65M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $40M on 2022-06-28.

Most recent recorded round closed around 2022-06-28.

Valuation (modeled)modeled

Provath models Cardinal Winchester Holdings, L.P. at approximately $222M (range $100M–$583M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.06× the median modeled value of Series B Construction companies in 2022–2024 (14 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 16 months.

Last raise 4.0 yr ago; this sector typically re-raises about every 12 months.

Silent for over 3× the sector's normal cadence.

The last round stepped up 1.6× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 98% of Construction peers (1338 compared).

Modeled value ranks above 97% of those peers.

Closest niche peers: Mount Bay, LLC, Pengyou Partners One LLC, Thunderbird CC Land Partners, LLC, Traffic Marking Service, Inc., Blue Ridge Repair Aggregator, LLC.

Peoplefiled

2 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.