Target Investment Criteria

While our funding structure allows us to be opportunistic, we are primarily interested in opportunities that meet the following criteria:

  • Basic industries with particular comfort in business to business models
  • Simple, established business models with positive cash flow 
  • Enterprise values <$100 million; EBITDA from $2 million to $10 million
  • Stable cash flow profiles with modest growth and low capex requirements
  • Business models including manufacturing, distribution and service
  • Cash flows with limited exposure to technological obsolescence, regulatory risk, commodity price risk or boom/bust construction risk
  • Businesses located in the United States with a bias toward the southwest
  • Owners or management teams that are willing to retain a substantial stake in the business
  • Transaction types:
    • Buyouts
    • Corporate carveouts
    • Growth equity
    • Recapitalizations

Sound like your company?