Types of Businesses
- Manufacturing
- Value-add distribution
- Industrial services
Focus Areas
- Highly engineered systems, products, assemblies or components
- Industrial, aerospace, defense, nuclear, energy, medical device, electronics
Desired Characteristics
- EBITDA of $2 million to $20 million
- Sustainable competitive advantage
- Primarily B2B
- Value creation opportunities through organic revenue growth, operational improvements and/or strategic acquisitions
- North America based, preference for Southwest U.S.
- Open to distressed or special situations, particularly those with significant operational improvement opportunities
Example Sample Sub-Sectors of Interest
- Electrical components and assemblies
- RF/microwave electronics
- Electromechanical systems
- Aircraft systems and components
- Maintenance, repair and overhaul (MRO)
- Specialized industrial products
- Precision manufacturing (e.g. machining, injection molding, stamping, etc.)
Types of Transactions
- Corporate divestitures, owner liquidity, growth equity, management buy-outs and recapitalizations
- Control equity, but will consider minority equity under right circumstances