Size
- Revenue of $5 - $25 million
- Require companies to have EBITDA greater than $1 million
Business Characteristics
- Manufacturing and service companies
- Recurring revenue
- Healthy EBITDA margins (15+%)
- Defensible or unique market position
- Moderate capital intensity
Investment Size
- Equity investments in the $2 - $8 million range
Deal Type
- Buyout of retiring owner or majority/minority shareholder
- Management buyout
- Generational transfer in a family business
- Recapitalization of existing ownership/management
- Corporate divestitures