Types of Transactions

    • Owner recapitalizations
    • Leveraged buyouts
    • Family successions
    • Management buyouts
    • Buy-and-build strategies

Investment Structure

  • Control Investments
  • For non-100% change of control transactions, investments are structured as common and/or preferred equity instruments

Target Transaction Size

    • Enterprise values between $25 to $150 million
    • Initial equity investment of $10 to $75 million

Attractive Candidates Will Possess All or a Majority of the Following Characteristics:

    • Annual revenues greater than $20 million
    • Annual EBITDA greater than $3 million
    • Proven product or service adoption
    • Strong competitive advantages
    • Stable and diversified or diversifiable customer base
    • Favorable market dynamics
    • Large addressable market(s)
    • Significant identifiable growth opportunities

Add-on Investments:

    • We seek to support all of our platform companies with capital and resources for add-on acquisitions
    • No size minimum

Areas of Interest

While we will consider investments in any United States based business that fits the above criteria, we have a particular interest in companies that compete in the following industries:

  • Health and Wellness
  • Business Services
  • Security
  • Technology, Media and Telecommunications

Areas Generally Not of Interest

    • Early-stage
    • Minority investments
    • Oil & gas exploration & production

Geographic Presence

United States

Finder’s Fees

We pay finder’s fees in cash for proprietary introductions that result in a closed transaction.