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Investment Criteria
Our firm seeks to identify and invest behind high quality companies led by motivated and skilled executives. We then align both our short and long-term interests by providing our management teams with a meaningful ownership stake in the businesses they lead. While we will actively pursue opportunities across a broad range of industries, we seek certain characteristics within each of our investments:
- Ongoing participation with existing management
- A history of consistent growth with operating profits greater than $7 million and operating margins greater than 10%
- A base level of predictable, stable revenues
- The opportunity to significantly increase profitability - through revenue growth, consolidation of expenses, add-on acquisitions leading to efficiencies of scale, or other operating improvements
Transaction Types
- Corporate Divestitures
- Buy-outs
- Recapitalizations
- Growth Equity
- Add-on Acquisitions
Transaction Size
- Companies valued between $50 million and $200 million Equity investments of $20 to $45 million
- Larger transactions are pursued in collaboration with our strategic partners
- No minimum size for add-on acquisitions
Management
- Seek seasoned, experienced management teams with strong entrepreneurial drive
- Prefer to acquire and expand companies in concert with existing management
- Selectively pursue opportunities that require management transition