What we look for.
For a self-funded search acquisition to be successful, there must be holistic alignment between the entrepreneur, the company, and the transaction structure.
We make investments in essential businesses while prioritizing incentive alignment, staying power, and risk mitigation.
The Business
• In the services, manufacturing, or distribution industries
• Non-cyclical and recession resistant
• Essential product or service
• Enduring staying power over a long history
• Consistent EBITDA of at least $750k
• Insulated from disruption
The Entrepreneur
• Leadership and industry experience
• P&L experience
• Emotional intelligence
• Personality fit
• Integrity
• Motivation and goals
The Transaction
• Acquisition and investment terms
• Margin of safety
• Downside mitigation
• Incentive alignment
• Investor protections