How we underwrite, and what changes after close.

Underwriting

Earnings quality first

Before any operating thesis, a company has to stand on its own: durable cash flow, a stable customer base, sound regulatory standing and an operating model with headroom. We study customer concentration, contract language, pricing history and the labor model. A plan that only works if everything goes right is a plan we will not underwrite.

Structures are built around what the owner needs. Some owners want a clean exit. Others retain meaningful equity and stay to build alongside us.

First 24 to 36 months

Investing ahead of the growth

In the first two to three years we invest behind the operating infrastructure, the team and an expanded set of services. Technology amplifies that work: routine, high-volume tasks are automated so staff can move to higher-value work, senior judgment is captured and shared, and real-time visibility sharpens decisions on pricing, scheduling and capacity. The result is higher profitability and sustainable excess cash flow.

Our plans are built around capacity and output per person, because capacity is much of what makes a services company valuable.

What we keep

The people are the asset

The team, the culture and the institutional knowledge inside a company are what we are investing in. Our role is to put modern infrastructure beneath the foundation the founder built, and to bring a hiring and talent engine that companies of this size rarely have access to. Viridis also takes on the back office, removing a meaningful load from the founder.

What compounds

Advantages that deepen over time

As a company matures, what it knows about its customers, its market and its own operations informs better decisions and opens the way to new services. An operating improvement becomes an advantage that lasts.

Partnership and hold

A majority partner, for the long term

We take a majority position because a multi-year operating plan needs one clear decision path and the capital to see it through. We own a limited number of companies at any given time, so each receives our full attention. Management stays in the business and shares meaningfully in the upside, and founders can step back or keep building, whichever fits. We hold for the long term and are not selling into a predetermined exit date.