Management Profile
- Existing management team with proven track record or an experienced CEO/partner
- Significant management ownership
Company Characteristics
- EBITDA up to $3.0 million for platform acquisitions; add-on acquisitions of any size considered
- Diversified customer base and product/service offering
- Low seasonality and cyclicality preferred
- Stable or growing cash flows
- Opportunities for growth through acquisition
- Strong, defensible competitive position in stable or growing industry
- Differentiated products, services, and/or brands
- Identifiable value creation characteristics, preferably through investment in sales and marketing and growing product lines
Industry Characteristics
- Fragmented industries with opportunity to emerge as the market leader through organic growth or acquisitions
- Will consider any industry that meets our criteria; however, our preferred industries include: distribution, logistics, and transportation services
Geography
- Platform companies based in the Mid-Atlantic, Northeast, and Southeastern United States
- Add-on acquisitions can be anywhere in the United States or Canada
Transaction Structure
- Control ownership position
- Common or preferred equity
