Investment Strategy > Investment Criteria

Targeted companies will generally posses the following characteristics:

• Manufacturing, distributing, fabrication or service businesses.
• Private and closely held.
• Annual revenues greater than $10 million (based on latest fiscal year).
• EBITDA greater than $3 million (based on latest fiscal year).
• EBITDA margin greater than 10% (based on latest fiscal year).
• Proven and committed management teams.
• Minimal or manageable technology risk.
• A diverse mix of products, customers, geographic markets and suppliers.
• Sound historical financial performance.

We will not invest in the following:

• Dramatic “turnaround” situations.
• Hostile takeovers or other adversarial situations.
• Other investment partnerships.
• Companies based outside the United States.
• Real estate, farmland, mining or oil and gas production.