Investment Criteria
We like to partner with owners that have pride in their company, and we want to continue that tradition. However we can’t own everyone, and so our investment criteria is somewhat limited to those we know we can be successful with.
Operational Metrics
Here are our list of some of our considerations:
100% family owned business
Been operating for greater than 10 years
Trade Services Adjacent - Plumbing, HVAC, Electrical
Diversified Customer base
Good management team
Financial Metrics
What we like to see in our companies:
Greater than $10M revenue
Consistently growing
Greater than $1M Free Cash Flow
Asset Neutral - We are fine with long billing cycles and many trucks