INVESTMENT CRITERIA

 

Equity Partners

Mezzanine Partners

Structure
  • Preferred or common equity
  • Senior or subordinated debt
Investment Type
  • Management-backed recapitalizations, corporate divestitures, growth financings 
  • Growth capital, working capital expansion, refinancings& recapitalizations, management buyouts, fundless sponsor transactions
Size
  • Companies with EBITDA greater than $1.5 million
  • Investment sizes from $2 – 10 million
Industry
  • Generalist approach across a broad range of industries
  • Past investments include: business services, manufacturing, healthcare, consumer products & services, value-added distribution
  • Do not invest in venture, high technology or real estate
Target Profile
  • Niche businesses with strong competitive positions in small and/or fragmented industries
  • Strong regional businesses where physical location and relationships are important
  • Companies with recurring revenues, attractive cash flow characteristics and meaningful growth opportunities
  • Either profitable companies in need of a growth capital partner or underperformers, turnarounds, and special situations experiencing operational difficulties or navigating a complex sale process
Geography
  • Entire United States and selectively in Canada
Management
  • Exceptional management teams with a proven track record seeking a growth-oriented capital partner