Investment Criteria
Explore the verticals we're actively investing in, and what we look for in each.
Expertise that maximizes your outcome.
Our acquisition partners are actively acquiring privately owned businesses that meet the criteria listed below. These groups focus across multiple industries including commercial and residential services, manufacturing, distribution, managed services, software, healthcare, and more.
Transaction structures typically involve purchasing 51-100% of the business equity, with owners having the option to stay on moving forward or transition out immediately.
The criteria below serve as guidelines for “platform” acquisitions—criteria for “add-on” acquisitions in specific industries may differ.
Revenue Range
$1M - $250M
EBITDA Margin
10%+
Business Trajectory
Not in decline
Customer Base
Minimal customer concentration
Market Position
Niche offering with defensible market position
HVAC, Plumbing & Electrical
‧ Profit margins of at least 10%
‧ Minimal new construction
‧ Residential or Commercial
Roofing & Exteriors
‧ Residential or commercial
‧ Minimal new construction
Landscaping, Tree or Lawn Care
‧ Includes landscaping maintenance, tree & lawn care
‧ Residential or Commercial
Restoration
‧ Focus on water restoration
‧ Majority residential
‧ Most revenue from mitigation
Access Solutions
‧ Doors, gates, access control, video surveillance
‧ Residential or Commercial
‧ Profit margins 10%+
‧ Limited customer concentration
Commercial Services
‧ HVAC, Refrigeration, Mechanical, Plumbing, Controls
‧ Commercial or Industrial
Managed IT Services
‧ Strong retention & recurring revenue
‧ Minimal customer concentration
Niche Manufacturing
‧ Profit margins 10%+
‧ Strong market position
‧ Limited customer concentration
Pet Care
‧ Pet Resorts (boarding, grooming, training, etc) & Veterinary Practices
Pest Control
‧ Residential or Commercial
Fire Suppression
‧ Fire detection, fire sprinkler, fire suppression, security and communication systems, and life safety drills & training
Facility Services
‧ Facility maintenance, cleaning, janitorial, etc.
Pool Service
‧ Pool cleaning, maintenance, or repair
‧ Residential or commercial