Strategy

Industry Focus

We perpetually leverage our research and relationships to identify and cultivate actionable investment theses in defensive growth niches insulated from macroeconomic cycles.

Technology
Sample sub-sectors of focus include:
  • Vertical software / SaaS
  • Tech-enabled services
  • Communications technology and connected devices
Business Services
Sample sub-sectors of focus include:
  • Facilities and industrial services
  • Business process outsourcing services
  • Information and IT services
Financial Services
Sample sub-sectors of focus include:
  • Insurance distribution and services
  • Specialty finance
  • Niche asset management

Investment Criteria

We strive to generate unique investment opportunities that fit our criteria and invest when our platform creates distinct advantages.
Growth Stage Focus:

Companies with proven business models and a clear path for organic or acquisition growth opportunities

Use of Our Capital:

Situations where our capital is used to provide liquidity to shareholders, working capital for growth, or financing for acquisitions

Investment Size:

We typically invest $25-$200 million in equity. Our investment can be scaled over time

Ownership & Governance:

We can take minority or majority positions. We seek to be active, value-added investors, engaging with management at the board level to design and implement entrepreneurial growth strategies. Regardless of ownership position, we leave day-to-day operations to our trusted management partners

Investment Structure & Term:

We invest in common equity or structured securities and seek to create bespoke solutions for unique situations. Our capital base allows for flexible hold periods so that we can prioritize and plan for long-term value creation

Leverage:

We use leverage conservatively and design capital structures to support growth rather than engineering returns