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- Owner recapitalizations
- Leveraged buyouts
- Family successions
- Management buyouts
- Buy-and-build strategies
Types of Transactions
Investment Structure
- Control Investments
- For non-100% change of control transactions, investments are structured as common and/or preferred equity instruments
Target Transaction Size
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- 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:
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- 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:
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- 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
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- 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.