Our Philosophy

We are changing the private equity paradigm.

1

Aligned partnerships

We and our management partners win only if our businesses grow and succeed.

Stewardship

We invest only our own money. We have no outside investors or fee streams to distract us from our focus on building great companies.

Partnership

We believe that strong partnerships with great leaders, more than well-structured transactions, are what really drive investment success.

Focus

We aim to make only a few investments per year; every company matters to us.

2

Value-Added Expertise

We actively support substantial growth and change at our companies.

Experience

Collectively, we have 60 years of experience managing $8 billion of equity invested in over 40 countries worldwide.

Mindset

We aim to drive results like a private equity fund, but with the mindset of a permanent business owner.

3

Long-term investment horizon

We think in decades, not quarters.

Patience

Our capital has no fixed time horizon. We believe that great companies have many avenues for growth, and realizing each one can take years.

Durability

We invest for long-term payoff and view economic downturns as opportunities to re-invest in businesses we know and like.

Investment Criteria

Industries

Business Services, Healthcare, Consumer, Industrials, TMT

Investment size & structure

$5-35M+ EBITDA / $25M-150M+ equity investment

Transaction Types

Control or significant minority equity position; opportunistic/ special situation investments

Geography

Primarily North America, however we consider international opportunities

Add-on Investments

We work closely with our management teams to identify and pursue add-on acquisitions

ALIGNED

VALUE

ADDED

LONG -

TERM