Acquisition Criteria

General Company & Transaction Preferences

• U.S. based companies with stable and diverse customer relationships that can be enhanced by additional financial, operational and strategic resources
• Compelling competitive advantage or defensible market niches
• Companies managing through Special Situations - Turnarounds, Underperforming Periods, Negative Short-term Market Dynamics and Bankruptcy
• Companies with attractive growth opportunities
• Partnership opportunities with capable managers
• Companies operating in fragmented industries
• Headquartered in the United States

Key Financial Criteria

• Revenue from $10 million to $50 million
• EBITDA above $2 million (lower and negative EBITDA companies will be considered with Special Situation transactions)
• Target EBITDA margins of at least 10%
• Solid assets and/or a consistent record of positive cash flow

Industries of Interest

• Transportation, Warehousing and Logistics
• Food Processing and Packaging
• Business and Commercial Services
• Construction and Infrastructure Subcontractors
• Niche Consumer Goods and Services
• Aerospace and Defense