We want to partner with leaders who share our values and vision for growth.
CRITERIA
Closely-Held, Family Owned or Entrepreneurial Owned Organizations; Small Cap Public Companies
Prefer Majority Ownership and Shared Control Transactions; Open to Minority Investments in Select Situations
Typical Target Company Size:
$500K to $10 mm in Adjusted EBITDA
TARGETED INDUSTRIES & SELECT SUB-SECTORS
Business & Industrial Services
Contractors & Construction Services
Facilities Management, Landscaping / Snow Removal & Property Services
Education & Training Services
Infrastructure Services
Industrial Services
Outsourced Engineering, Automation & Electrical / Control Services
Revenue Cycle Management
Testing & Inspection
Audit, Compliance, Certification & Regulatory
Technology-Enabled Business Services
Financial Technology & Payments Services
Healthcare
Devices (Technology Products)
Disposable / Niche Products
Revenue Cycle Management
Animal Health
Product Distributors
Lab / Diagnostics Services
Multi-Site Retail/Consumer
Franchisees / Franchisors
Dealers
Consumer / Retail Services
Niche Retail Concepts
Health & Wellness Products
Food & Beverage Products & Ingredients
E-Tailers
Niche / Branded Products
Car Washes and Automotive Maintenance
Value-Added Distribution & Logistics
3rd Party Logistics & Supply Chain Management
Specialty Distribution
Food Distribution
After-Market Parts Distribution
Building Products Distribution
Maintenance, Repair & Operations Supplies
Technology Distribution & Integration
GEOGRAPHY
Preference for the Eastern half of the United States, but open to other locations; no geographic limitation for add-on acquisitions
EXAMPLE SITUATIONS
•Growth Capital
•Management Buyouts
•Partial Shareholder Liquidity
•Buying out of a Partner / Family Member
•Owner Transition / Retirement
•Required refinancing of an existing investor / lender
•Hostile disputes requiring “white knight” capital
•Corporate divestitures
CHARACTERISTICS
•Superior management team, the core of which will remain active after closing
•Strong history of profitability & growth
•Team-oriented culture
•Limited customer concentration
•Fragmented Industry structured for a “Buy &Build” Opportunity
•High Free Cash Flow Generation
We focus on the smaller end of the middle market as it continues to be underserved from the broader financial community and substantial growth opportunities remain.