When a client is thinking about what comes next

What we look for

Established, owner-operated companies in the Southeastern United States with between $500,000 and $2,000,000 in annual earnings, and an owner thinking about what comes next. We bring particular depth in defense and aerospace manufacturing.

How we work

We start with what the owner wants to accomplish, not with a structure. We invest for our own account. We are not brokers, we do not list companies, and we do not run auctions. Conversations are confidential, and if a business is not a fit we say so early and plainly, to you and to your client.

The structures we use

In the order we usually consider them:

1. An acquisition financed with senior bank debt and our equity, with most of the proceeds paid at closing where the financing supports it.
2. A leveraged acquisition, in which part of the price is financed against the company's own assets, again with most of the proceeds at closing where the financing supports it.
3. Seller financing, for the owner who would rather be paid over time than at closing, secured, and on terms your client's advisors can test.
4. An investment rather than an acquisition, for the owner who wants to keep running the company with a partner and capital behind it.

Which of these fits depends on the business and on what the owner wants. Detailed material on any of them is available on request.

What we do not do

We pay no transaction-based compensation for sourcing or introductions, to advisors or to anyone else. That is a structural rule rather than a negotiating position. We do not act as an agent for either side, and we do not ask an advisor to represent anyone. If a client of yours may fit, the next step is a conversation in which you can press us directly.