Investment Criteria

transaction types

• Prefer family- and founder-owned businesses in which we are the first meaningful outside investor

• Invest equity in control transactions (flexibility to make minority investments in certain situations)

Target industries

• B2B manufactured products and business services

• Healthcare products, services, and devices

• Other industries opportunistically (including industries undergoing meaningful change)

Target size

• Equity investment of $1 to $25 million

• $5 to $50 million of revenue

• >$750,000 of EBITDA