We invest in established businesses with successful track records and clear potential for further growth. Enterprise values typically range between $10 million and $75 million with the capability to invest in larger opportunities in partnership with our institutional limited partners.
Typically, the niche industrial companies in which we invest either design and manufacture highly-engineered, non-commodity products or provide critical, high-value, and difficult to replicate services to a commercial or industrial customer base. Within these parameters, we invest across a broad range of industries and employ both qualitative and quantitative investment criteria when evaluating a new investment opportunity.
When considering an acquisition, our evaluation process consists of two components: a quantitative analysis that analyzes both current and historical performance and a qualitative evaluation that examines the company as well as the industrial ecosystem in which it operates.