INVESTMENT CRITERIA
We seek to develop a balanced portfolio of investments that meets our return and diversification objectives across multiple business cycles.
Investment Size:
$2 - $10 million per portfolio company
Company Characteristics:
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Minimum Revenue: $10 million
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Minimum EBITDA: $1 million
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Sustainable free cash flow
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Proven management team with at-risk capital
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Diversified customers, markets and suppliers
Investment Structures:
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Coupon-only, fixed rate, subordinated debt
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Subordinated debt with nominally priced warrants
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Minority equity co-investments
Geographic Focus:
Southeast and Mid-Atlantic US
Transaction Types:
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Private equity sponsored buyouts
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Management and family-driven ownership transitions
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Acquisitions
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Recapitalizations
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Growth capital
Industry Focus:
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Business services
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Light manufacturing
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Healthcare services
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Consumer products
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Wholesale distribution
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Recurring revenue business models