size

(Larger with Additional Equity Co-investment Alongside AEP):

  • Equity Investments: $5-20MM

  • Enterprise Values: $15-150MM

  • Revenue: $10-150MM

  • EBITDA: $3-15MM

  • No minimum size for add-ons


sectors

  • Business Services

  • Niche Manufacturing

  • Information Technology

  • Healthcare

  • Education

  • Consumer

  • Industrials


Transaction types

  • Buy and builds

  • Founder-owned and family businesses in transition

  • Operator-led and non-sponsor buyouts

  • Management-led buyouts


Geography

  • Core focus on companies headquartered in the South

  • Ability to invest across the United States


Management

  • Partner-oriented entrepreneurs

  • Proven and talented management teams with deep industry expertise

  • Management teams poised for the next phase of growth

  • Strong alignment of interests


Targeted Companies

  • High free cash flow conversion

  • History of strong financial performance

  • Defensible market position and competitive advantages

  • Diversified customer base / end markets

  • Tangible and executable growth opportunities


Structures

  • Control investments (and select minority positions)

  • Management rollover

  • Conservative capital structures