Argosy Capital was founded in 1990 by Kirk B. Griswold and John P. Kirwin III. Over the past 25 years, Argosy Capital has grown to be a diversified lower middle market firm with three business lines: Argosy Credit Partners, Argosy Private Equity and Argosy Real Estate.

Argosy Credit Partners was founded in 2015 by Zachary S. Furman and Matthew J. Hall to acquire underperforming and nonperforming business loans from commercial banks and other lending institutions.