Buy & Build
Strategy
Recession-resistant
Target
USA/Canada
Geography
Criteria
We thoroughly research and validate each investment thesis, a process that includes an intensive, tactful, and informed calling effort to business owners and other market participants.
We partner with the best of the best in our selected focus areas. Once we establish a relationship, we work expeditiously to diligence each investment and close with certainty. This approach, coupled with our unwavering belief in doing right by our stakeholders, has created a track record of successful results.
Industry Characteristics
- Highly-fragmented
- Recession-resistant
- $1 billion+ total addressable market
Revenue Profile
- Recurring or re-occuring
- Non-concentrated
Geography
- United States
- Canada
Competitive Strengths
- Steady organic growth
- Immediate market impact
- Industry leading margins
Target Acquisitions
- EBITDA of $2-14 million
- 30%+ Gross margins
- 10%+ EBITDA margins
- 90%+ FCF conversion
Target Sectors
- Business & Outsourced Services
- Industrial Services
- Specialty Manufacturing
- Value-Added Distribution
Strategy
How We Work
- Control equity investments
- No financing contingencies
- Speed and certainty to close
- Commercial terms
- Alignment of interests
Approach
Our proven approach is designed to build and develop scalable platforms for growth through add-on acquisitions, efficient integration, organic growth initiatives, and performance improvements.
Execution
Cradle-to-grave investment team accountability for analytical rigor, detailed diligence, machine-like deal execution, and platform governance. Repeatable processes ensure quality and pace, speed and certainty, and high velocity of deal flow.
Origination
Dedicated in-house sourcing engine responsible for thesis development, targeted outreach, and relationship management.
Growth / Performance
Fine-tuned systems integration and build-out process, investment and add-on acquisition strategy, and development, coaching, and governance initiatives.
Shared values
Commitment to core values, including the highest ethical standards, transparency, collaboration, citizenship, and team development.
