We focus on strong service or product oriented businesses in the "business to business" (B2B) space
We focus solely on evergreen businesses who have been operating 10+ years with a durable competitive advantage.
We focus exclusively on the water management industry, inclusive of:
water treatment, recapture, filtration & recycling
point of service solutions
industrial wastewater solutions
wastewater contamination remediation
We focus on businesses with an EBITDA from $1M to $5M, and revenues for $3M to $30M
We focus on businesses with EBITDA margins of 12%+
We focus on owners who are:
Seeking to retire without clear successor
In need of additional management and/or board expertise to capture long-term growth opportunities
In need of liquidity and wishing to diversify personal net worth
Primary Focus
Water Management
Niche Water Management Solutions for specific industries
Point of Use systems
Industrial Recapture and Filtration
Secondary Focus
Property Management
Managed Service Providers
IT / Engineering / Consulting Services
Logistics & Distribution
Commercial Contract Services (painting, landscaping, laundering, cleaning, etc)
Everyone loves exponential growth, but we believe that there's inherently a lot of nuances and challenges inherent to high growth companies (we've been there and seen it first hand). So, we target more steady growth profiles in the 0% - 10% annual growth rate range and focus on how we can help provide value to build that growth rate to the mid to high teens.
Our expertise lies in serving and partnering with some of the world's largest organizations. So, we thrive in an environment where we have a set of large customers (whether in size or customer concentration relative to revenue distribution) which we can relentlessly focus on building long term relationships, drive value, and earn the right to grow with them.
We love to see businesses that own real estate that is critical to their day to day operations, or leverage real estate as part of the overall strategy. We welcome the opportunity to partner on deals that consider both business and real estate assets
From a location perspective, we are focused on two markets: (1) Denver, Colorado, and (2) Tampa/St. Petersburg/Sarasota, Florida.
However, while we believe in the power of being in person, but we also know that with the abundant advances in technology, that remote work has it's home. Therefore, we are open to businesses with a remote or hybrid workforce, wherever they may be physically located assuming they can be effectively operated remotely.