Investment Criteria
Our firm seeks to identify and invest in 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 meaningful ownership stakes 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:
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Ongoing participation with existing management
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A history of consistent growth and profitability with EBITDA greater than $4 million and EBITDA margins greater than 10%
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Predictable, stable revenues and cash flows
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The opportunity to significantly improve profitability through revenue growth, consolidation of expenses or expense reductions, and add-on acquisitions leading to efficiencies of scale or other operating improvements
Transaction Size
$25 million - $100 million
Company Valuation
$10 million - $30 million
Equity Investment
$4 million - $10 million
EBITDA
Larger transactions are pursued in collaboration with our strategic partners
No minimum size for add-on acquisitions
Sector Focus
business services
industrial services
value-added manufacturing
Transaction Types
Buy-outs
Recapitalizations
Growth Equity Infusions
Add-on Acquisitions
Management
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Seek seasoned, experienced management teams with strong entrepreneurial drive
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Prefer to acquire and expand companies in concert with existing management
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Selectively pursue opportunities that require management transition
