Investment Approach
Our Criteria
We search out investment opportunities that meet two critical criteria:
1.
Operational improvements generate meaningful returns, with a focus on back-office scaling expertise, system implementation, and business process improvement.
2.
Ability to unlock top line growth through disciplined and effective reinvestment in commercial initiatives.
Size
Transaction size up to $1B
Equity investment up to $300M
Geography
Headquartered in North America
Sector Focus
Consumer
Industrials
Industrial Services
Other
Ability to unlock value through operational improvement
Strong free cash flow conversion
Fragmented sector with a platform for M&A
Our Philosophy
Regardless of the investment opportunity or portfolio company situation, these four principles guide us through everything we do. This is what sets us apart and guarantees that every decision we make is reflective of the standards we have set for our investment thesis and operational execution.
Embrace Complexity
History of navigating complex situations
Present opportunities that other investors may overlook
Track record of executing complicated carve outs
Lean on Integration Expertise
Platform for consolidation
Deliver value through bolt-on acquisitions
Leverage scale created by cost structure, systems and policies
Seek Out Untapped Growth
Create foundation for growth and effective reinvestment
Partner with strong commercial leaders to unlock growth
Instill discipline about how and where to reinvest capital
Focus on What We Can Control
Back office scaling expertise
Best-in-class systems
Disciplined reporting, policies and processes
Data-driven culture of engagement