Investment Criteria
Revenue
We acquire companies with $1 million to $10 million of revenue that have a track record of growth and profitable performance.
Transactions Type
We are focused on acquisitions with the intent to hold and grow the companies in our family.
Management
We look to partner with managers who have proven track records. If necessary, we will assume an active role in management to better understand the business needs and build a “complete” management team with the long-term objective of a well rounded leadership team that does not require daily involvement on our part.
Incentive-based compensation for senior managers is an integral part of our philosophy.
Location
We are interested in companies headquartered in Minnesota and Wisconsin with a preference for companies in the local region. We will consider investments in other areas on an exception basis.
Business Characteristics
Business-to-Business companies with stable cash flow and a defensible market position that are non-cyclical and not easily impacted by technological change are most desirable.
Industry Preferences
We are interested in a broad range of companies as long as they meet the criteria listed above.
At this time, we are not interested in the food & beverage industry or start-ups.
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