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

Spence L. Wilson

Spence L. Wilson

Chairman, Board of Directors

Professional Associations

Chairman of the Board, Orange Lake Country Club,Inc.
Director, Kemmons Wilson Family Foundation
Trustee, Rhodes College
Director, Thomas W.Briggs Foundation
Trustee, Baptist Memorial Health Care System,Inc.
Director, BMHC Metropolitan Board of Directors
Board Member, Society of Entrepreneurs
Director, Meritage Capital,LLC

Military

Lt.Colonel Retired/Command Pilot, Tennessee Air

Family

Married to Becky Webb of Jackson,TN
Four married children: Spence Wilson,Jr., Rebecca Wilson Macsovits, Lauren Wilson Young, and Webb Wilson
Eleven grandchildren: Olivia, Spence III, Stuart, Wilson, Parker, Guion, Hoke, Rae, Webb Jr., Sims, Brant

Education

East High School (1960)
Vanderbilt University (1964), Bachelor of Arts with a major in Economics, minor in Business Administration
Harvard Business School (1968), Masters of Business Administration

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