Investment Criteria
- $3M to $15M of EBITDA
- Founder-owned companies
- Headquartered in North America
- Control or minority positions
Company Characteristics
- Large and growing market
- Alignment with founders
- Sustainable competitive differentiation
- Attractive recurring or re-occurring revenue
- Diversified, loyal customer base
- Multiple growth levers (organic and M&A)
- Limited regulatory risk
- Add-on acquisitions may be smaller and located anywhere in the world