We acquire U.S.-based, owner-built businesses generating $3M to $12M of EBITDA.
Durable customer demand.
Provides an essential product or specialized service customers need repeatedly, supported by trusted relationships, mission-critical availability,
or local presence.
Earned market position.
Defensible niche that is difficult to displace, built through reputation, long-standing relationships, domain expertise, and service quality.
Attractive cash-conversion.
Proven margins, sensible capital requirements, and a demonstrated ability to convert earnings into cash.
Physical-world resilience.
Businesses where technology can improve the operating model, but the underlying service remains physical, relationship-driven, or operationally critical.
Focused sectors.
Sectors with stable or growing demand, including but not limited to, sports operating infrastructure, medical waste, aftermarket aviation, and specialty insurance brokerage.