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Investment Strategy and Criteria
Target Firm Criteria
Strategic Profile
Essential solution to a pressing, recurring problem
High-percentage of repeating/recurring revenue
Increasing barriers to entry (and/or existing supply constraints)
High industry fragmentation
High customer-defined product/service value differentiation
Low customer concentration
Financial Profile
$2 - 3M in Gross Revenue per year
60%+ revenue from business customers
25%+ Net Income margins
5%+ annual growth for the trailing 5 years (adjusted for COVID)
Operational Profile
10 - 15 employees; at least 3 of which are in technical knowledge roles
Average tenure of employee is 5+ years
Owner ready to assist with transition, and client continuity for 9 - 12 months
~100% employee retention post-acquisition
Highly rated customer feedback/reviews on product/services offered
Locations of Interest