Investment criteria
Businesses slightly outside these ranges are still worth sending if the operating profile fits.
- Revenue
- $2,000,000 to $20,000,000
- EBITDA
- $500,000 to $2,000,000
- Ownership
- Majority, founder-owned
- Geography
- United States and Canada
Sectors
Where we spend our time
- Facilities services
- Industrial and field services
- Healthcare services
- Business process and back office
- Professional services
- Distribution, parts and install
- Inspection, testing and compliance
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.