Criteria

We specialize in scaling niche market leaders

Investment Criteria

Company Size
  • $5-150MM of revenue
  • $2-15MM of EBITDA
  • Add-ons of any size
Business Characteristics
  • Niche market leaders
  • Defensible market position
  • Growth potential –⁠ organically or through acquisition
Management
  • Management continuity is preferred, but not required
  • Family-owned or retiring founder
Transaction Types
  • Leveraged buyouts
  • Corporate carve-outs
  • Recapitalizations
  • Family-held business succession

Industry Focus

Industrial technology
Industrial technology
  • Industrial Services
  • Analytical & Test equipment
  • Value-added Industrial Distribution
  • Quality Control Instrumentation
  • Industrial & Process-control Sensors
  • Infrastructure & Engineering Services
  • Industrial Automation
  • Aerospace & Defense
Food & consumer
Food & consumer
  • Private Label & Contract Manufacturing
  • Branded Food & Beverage
  • Specialty & Functional Ingredients
  • Pet Food & Products
  • Confectionary
  • Personal Care & Household Products
  • Value-add Food Distribution
  • Food Flavors & Additives
  • Bakery Products & Inclusions
  • Food Safety & Traceability
  • Unique Supermarket Formats
Agriculture products & services
Agriculture products & services
  • Products and services that support commercial crop and animal production
  • Sensors & diagnostic tools
  • Handling & processing equipment
  • Agricultural building products
  • Animal health and nutrition
B2B e-commerce
B2B e-commerce
  • Catalog, e‐commerce, and omni‐channel distributors
  • Marketers of commercial, safety, lighting, and RFID products
  • Unique product‐focused companies
  • Marketers of products and gear to enthusiast, prosumer, and niche markets