Investment Criteria
Service Businesses
We focus on essential service business in the US with recurring or re-occurring revenues. Current areas of focus include:
- Consumer services (education, home services, healthcare, fitness)
- Businesses services (facilities services, staffing)
- Value-added distribution (branch based, ecommerce )
Lower Middle Market
We target platform companies with $1 million to $10 million of EBITDA. Add on acquisitions of any size. We have the ability to buy operating business and real estate to provide a one-stop transaction solution.
Multiple Ways to Win
Our approach works best when the target company has both organic and M&A driven growth levers available to it. As such, we seek niche leaders within sizable fragmented markets with room to grow.
Partnership with Management
Strong management is key to the success of service organizations. We aim to identify and empower great people to build leading companies, both within the organizations we partner with and outside of them.
Value Add
We have developed unique relationships with extraordinarily talented individuals across a variety of functional areas (finance, sales, marketing, IT, operations, supply chain) and industries, and are humbled to count on their support and partnership. They’ve impressed us along the way, and we think you’ll be impressed too.
Experience
We have spent decades gaining experience across a number of services sub-sectors, and complement this experience with deep, fundamental research regarding our sectors of interest. We aim to be a well informed partner to management teams and intermediaries, not just another player "bidding the book"