Investment criteria
Businesses slightly outside these ranges are still worth sending if the operating profile fits.
- Revenue
- $2M to $20M
- EBITDA
- $500K to $2M
- Investment type
- Majority
- Founder-owned
- Geography
- United States
Sectors
Where we spend our time
- Mechanical, electrical and building trades
- Facilities and grounds services
- Industrial services and fabrication
- Healthcare services
- Inspection, testing and compliance
- Professional and technical services
- Specialty distribution and equipment services
- Transportation and logistics
Recurring or contracted revenue, a manual operating model and an owner ready for a partner are what we screen for first.
Process
From teaser to close
- 01ScreenYou send the teaser. We respond within two business days with a yes or a no, and the reason attached.
- 02NDA and information requestWe sign, then send a focused request sized to a founder who has never been through a process before.
- 03Indication of valueA range with the basis shown, so the seller and the broker can see how we got there.
- 04Confirmatory diligenceQuality of earnings, customer and contract review, and an operating plan built together with management.
- 05CloseDocumented, funded, and followed by the operating plan already agreed in step four.