Investment Criteria

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

JW Hill Capital Overview & Investment Criteria