Investment Criteria

What we look for. And what we don't.

We're disciplined about fit. The companies we acquire share a common shape — profitable, durable, and built on relationships worth protecting.

EBITDA
$1M – $5M

Profitable businesses with a track record of consistent earnings.

Revenue
$3M – $30M

Established companies with proven product-market fit.

Geography
St. Louis & Surrounding

Preferably St. Louis, MO and surrounding areas. Select Midwest opportunities considered.

Ownership
Founder / Family

Owner-operated, family-held, or corporate carve-outs.

Team
Existing Management

Strong second-tier leadership willing to stay or transition over time.

Hold Period
Long-Term

We hold for the long term — no fund timer, no forced exit.

Where We Fit

The right shape of business.

Strong Fit

  • Owner ready to retire or transition
  • Family-owned succession with no clear successor
  • Owner wants to take chips off the table but keep operating
  • Recurring or contracted revenue streams
  • Strong customer relationships and brand reputation
  • Diversified customer base (no >25% concentration)
  • Clean financial reporting and reasonable working capital
  • Corporate carve-outs and non-core divisions

Not a Fit

  • Pre-revenue or early-stage startups
  • Cyclical commodity businesses
  • Heavy R&D or technology bets
  • Restaurants, retail, or hospitality
  • Turnarounds requiring rescue financing
  • Single-customer or single-project dependencies
Targeted Industries

Where our experience compounds.

Industry-agnostic in principle, disciplined in practice. We focus where our operating playbook, network, and capital create the most durable value.

Facilities Services
Residential Services
Industrial Services
Infrastructure
Automotive Aftermarket
Professional Services
Environmental Services
Utilities Products & Services
Chemicals
Energy / Power
Distribution
Asset-Light Trucking & Logistics
Deal Structure

Built around the seller.

No rigid playbook. We tailor each transaction to what the owner needs from the outcome.

Cash at Close

The bulk of consideration is paid in cash at closing — funded with committed capital, no financing contingencies.

Rollover Equity

Owners can retain a meaningful equity stake to participate in the company's next chapter of growth.

Earn-Outs When They Fit

We thoughtfully structure earn-outs when they align incentives and reflect a credible path to growth.

Seller Notes

Where appropriate, seller financing can bridge valuation and provide steady post-close income.

Think your business fits?

Send a quick note — confidential, no obligation. We'll respond personally within a few business days.