Investment Strategy
Our investment strategy is grounded in more than 100 years of combined experience as operators, investment partners, consultants and community leaders.
Our investment strategy is:
- Provide flexible, debt and equity capital solutions to help emerging companies, established enterprises and founder/family-owned businesses grow and transition
- Typically invest $10 to $30 million in each investment
- Structure investments as senior secured debt, second lien/subordinated debt and preferred/common equity
- Focus on lower middle-market companies with at least $10 million of revenue and/or $3 million of EBITDA
- Invest across the U.S.
Industry Expertise
We invest in companies across a broad range of industries, including markets in which our team has in-depth experience and strong networks, such as:
Business Services
Industrial Services
Residential Services
Information Technology
Manufacturing
Value-Added Distribution
Investment Criteria
We take a partner-first approach by forming strong bonds with our partners.
We invest in companies that have:
- A defensible competitive advantage and/or differentiated product or service offerings
- A solid and sustainable margin structure
- Limited customer concentration
- A seasoned and committed management team
- The ability to maintain positive cash flow through various business cycles
Competitive Advantages
Our team has the practical business experience and industry knowledge to be as hands-on or hands-off as companies need us to be. We invest more than capital. We invest our time and expertise to add real value.
Experienced Team and Extensive Network
Our team has 100+ years of combined experience, leanding to and investing in small and mid-size businesses. Deal flow is generally sourced through our network, rather than broad auctions.
Flexible Capital Solutions
Our team has participated in a wide variety of transaction types and draw upon that vast experience to structure customized capital solutions for each unique situation.
Efficient and Timely Decision-Making
Our cohesive and responsive team drives a focused, efficient underwriting process. We react quickly and move from introduction to close in a timely manner.
Operational Expertise
We know the challenges business leaders face because we’ve been in their shoes. Our team has led successful companies as CEOs or executive leaders. Beyond providing capital, we have the expertise to provide strategic value. We’ve helped companies find and acquire talent, connect commercial relationships, reimagine strategic objectives and so much more.
Underserved Market
Small businesses are at the forefront of driving innovation, jobs and economic growth. They are vital to the U.S. economy. The Fund targets the robust and underserved lower middle market across the U.S.
Uses of Capital
We help businesses embark on their next chapter. With our capital, our partner companies have achieved:
- Growth
- Acquisition
- Refinancing
- Recapitalization
- Transition
- Management Buyout
- Generational Transfer
- Independent Sponsor Buyout
