Investment Preferences
- EBITDA of not less than $2 million
- Interest in controlling equity stake or minority positions with like-minded partner(s)
- Willing to provide mezzanine financing as part of broader capital stack
- No startups, turnarounds or distressed businesses
- Partner with strong management teams with extensive experience in applicable industry
- Not interested in independent sponsor driven transactions
Investment Characteristics
- Family or entrepreneurially owned business
- History of stable cash flows
- Diversified customer base
- Protected intellectual property and/or other established competitive advantage
- Potential for add-on opportunities or industry roll-up in fragmented market
- Sustainable organic growth and earnings power
