Targeted and consistent investment criteria.

Transaction types

• We make control equity investments in management-led recapitalizations — looking to back business owners and management teams

Lower middle market focus

• Deal sizes typically between $25 million and $150 million for platform investments
• Equity investment sizes generally between $10 million and $30 million, with ability to tap our network for co-investments to commit significantly more equity

Stable and mature cash flows

• Companies with stable cash flow trajectory, generally with EBITDA greater than $5 million
• Predictable capital needs in support of existing business

Midwestern values

• Business owners and management teams who share our values — we place a premium on cultural alignment

Sector focus

• Our sectors of expertise include specialty manufacturing, value added distribution, consumer products, and business services.

Attractive business attributes

• Management teams with a vision and aptitude for growth
• Strong and healthy company culture
• Compelling value proposition
• Market leaders with a competitive advantage
• Actionable growth opportunities