Investment Criteria & Focus

Transaction size:

Check size between $5 million and $25 million, with additional capital in reserve to support future growth opportunities.

Ownership type:

Majority, with meaningful equity incentives for management

Revenue and EBITDA:

Revenue of $2 million to $40 million, and EBITDA of $1 million to $8 million.

Leverage:

Minimal to zero leverage

Geography:

United States

Industries:

• Industrial and Commercial Services
• Manufacturing

Company Characteristics:

• Strong and durable competitive positions
• Products and services highly valued by customers
• Attractive (current or in some cases potential) economic models

Market:
• Recurring demand
• Necessary product, not easily replaced and no substitute readily available
• Proprietary product with historical customers
• Significant market presence in niche industry
• Business to business
• Absence of off-shore substitutes

Operations:
• Hardened, proven methods of production
• Lower cost producer/servicer
• Strategic use of off-the-shelf technology, current and proven
• Production/service efficiency

Manufacture of Goods And Services “We build the things that build America”
Commercial End-User:
• OEM
• Distributor
• Contractors
• Specifying Engineers
• Builders