Investment Criteria

Revenue: $10 – $100 million
EBITDA: $2 – $10 million
Investment Size: $5 – $25 million per transaction (additional capital available through LP and co-investment partners)
Industry Sectors:
  • Business Services / Tech-Enabled Business Services
  • Industrial and Niche Manufacturing
  • Consumer Products and Services
  • Distribution and Logistics
  • Health Care Services
  • Aerospace and Defense
  • Franchising
  • SaaS-based Businesses
  • Food & Beverage
Company Attributes:
  • Outstanding management team with strong ownership
  • Proven historical financial performance, including recurring revenue and strong free cash flow dynamics
  • Industry leader, with sustainable competitive advantages
  • Non-cyclical end-markets
  • Attractive industry dynamics with strong fundamentals
  • Executable growth strategy / value creation plan

Niche: “a comfortable position; a specialized segment of the market for a product or service.”  niCH,nēSH/

We invest in niche businesses with sustainable barriers.