Investment Characteristics

We look for companies that meet all the criteria below and with our diverse operating history, we remain opportunistic to investing in businesses outside our seven key industries.

COMPANY

  • Profitable companies under $100 million in revenues
  • Significant, organic and/or acquisition growth potential
  • Leading market position with a defensible product or service that competes on more than price
  • Value-based employee culture with a customer and goal oriented focus

MARKET

  • Primarily Southeastern US but will consider anywhere in US
  • Industry neutral
  • Niche markets where the larger market participants are not as focused or cannot compete

OWNERSHIP / MANAGEMENT

  • Interested in the following investment-stage scenarios:
    • GROWTH investing to enable profitable, growing companies to fund internal growth and/or acquisitions
    • BUYOUTS where owners are looking to exit completely
    • RECAPITALIZATION providing partial liquidation of the owner’s equity position
  • Interested in acquiring a majority or meaningful minority ownership stake, with board involvement
  • A strong management team with a successful track record,
    and looking to retain a meaningful ownership stake
  • Situations where we are typically the first institutional investor

Third Party Solutions

A Memphis-based company, leveraging its technology platform to handle the credit verification and automation, based on individual state mandates, for workers compensation prescription claims, serving as an intermediary between the retail pharmacies and the payor market taking the workload and risk of collection off of the retail pharmacies.  Acquired business from the founder in 1999 and sold to a strategic in 2003.