Partners for Growth

Investment Criteria

Operating Company Investments

Our operating company investment mandate focuses on lower middle market companies with the following characteristics:

Transaction Attributes

 

  • Preference for majority positions
  • Absentee owners or strong management teams with equity ownership
  • Strong, defensible market positions
  • Proprietary products, systems and/or processes
  • Profitable and predictable financial performance
  • Capital efficient business models, i.e. ability to scale without large fixed cost increases
  • Headquartered in the U.S. or Canada

Size

 

  • Established annual revenues between $1 million and $25 million, with potential for internal growth or growth through acquisition
  • EBITDA exceeding $0.5 million
  • Strategic add-on investments for our existing portfolio companies can be smaller but must have positive operating cash flow/EBITDA

Industries of particular interest

  • Building Materials & Products
  • Business Services
  • Consumer Products & Services
  • Healthcare
  • Oil & Gas Services
  • Specialty Manufacturing
  • Value-Added Distribution

Transaction types

  • Acquisition of family-owned businesses
  • Management Buyouts
  • Growth or Expansion Investments
  • Corporate Divestitures
  • Distressed Opportunities

 Please review our operating company investment criteria for more details.