OUR INVESTMENT CRITERIA (download PDF)
We acquire small businesses that have consistent profits, defensible market positions and strong customer and supplier relationships. We have outlined our investment criteria in detail in the table below but recognize that there are exceptions to every rule. If you’re unsure whether the company you’re selling meets our criteria, please contact us. We’d be happy to discuss it with you.
Revenue: $1.0 – $25.0 million
Cash Flow: $0.20 – $5.0 million
Geography: Continental US
Management:
- Historically stable team
- Willing to consult for a transition period post-close
Businesses of Interest:
- Niche manufacturers, electro-mechanical assembly in particular
- Business-to-business service providers
- Specialty publishing and new media companies
- Niche software companies
Industries of Interest:
- Products and services for Public Safety - Police, Fire, EMS, Military
- Communication accessories for two-way radios
- Vehicle and motorcycle accessories (both OEM and aftermarket)
Situations of Interest:
- Change of control transactions
- Family owned and closely held companies
- Divestitures of divisions by corporations
Areas We Avoid:
- Restaurants
- Convenience stores
- Franchises
- Turnarounds
- Start-ups
- High technology
- Real estate
- Biotech
- Construction contractors