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

Cecil Carney

Cecil Carney

President, Private Investments

Prior Experience

Zephyr Associates, Inc., Chairman 2007-2012
Promus Hotel Corporation, Sr. Director Strategic Planning 1997-2000
Orange Lake Resorts, VP and Corporate Controller 1993-1997
Arthur Andersen LLP, Audit Division 1988-1993

Philanthropic and Professional Boards
Imagineer Technology Group LLC, Chairman

History and Current Role

Cecil joined the company in 2000. Since joining the company, he has been actively involved in our private investments initiative and now leads those efforts for the company. He has primary responsibility for setting the company’s strategy for private investing, as well as managing the process and allocation of capital among the company’s private investments, including acquisitions, investments, dispositions and financial reporting. He has primary responsibility to seek out, analyze and recommend new investment opportunities, as well as work closely with the management teams of several of those businesses in providing oversight and input into the development and execution of their business strategy. Currently, he is Chairman of Imagineer Technologies Group LLC and has oversight responsibilities for the Wilson Air Center business, as well as the owner representative for a number of other private investments.

Family

Cecil is married to Jamie and they have three children, Kelly, Lindsay and Aidan.

Education

Christian Brothers University, Memphis TN (B.S. Accounting 1998)

Hobbies & Interests

Family and church
Coaching youth sports
Tennis and golf
Outdoor activities

Contact me