Investment Criteria
Industry
Growing industry
Large addressable market
Preferably non-cyclical
Particular interest in industrial manufacturing, niche industrial & medical equipment distribution, building systems services, industrial equipment repair & maintenance, fire & life safety services, specialty trades
Company
Diverse and loyal customer base
Defensible competitive advantage
Ideally 50%+ of recurring revenue
Between $2M - $10 million EBITDA
Minimum 5+ years of profitability and positive free cash flow
Ownership Situation
Owner nearing retirement
Owner looking to reduce involvement
Owner planning to pursue other ventures