Criteria

We seek to invest in companies with leadership positions in niche markets

We invest in small and medium-sized enterprises, typically with enterprise values between $50-500 million, with high-quality, value-added products, favorable growth prospects and proven, motivated management teams who take significant equity ownership positions in their companies.

Specifically, we seek businesses which possess leading market share positions, proven technologies, proprietary concepts and/or strong brand names; in short, businesses with a sustainable competitive advantage. Moreover, we seek to participate in industries that have positive growth characteristics or stable competitive dynamics, and are not highly cyclical or capital intensive.