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We assist in planning for long-term success by developing strategies that address current challenges, support growth and create platforms for future innovation.
We are NOT able to consider businesses involving exotic or complex technologies, business-to-consumer services, real estate or retail, start-up ventures, or passive investments. Rather, our target industries are proven and mature, and that maturity begets consolidation.
Investment criteria
In reaching our investment decisions, we consider several criteria, including the character and assets of the company, its location, and the size of the investment it represents.
Our focus is on several key industries that our research has shown to have solid long term prospects and that are well positioned for a roll-up. We are interested in acquiring companies operating in the following industry segments:
Medical
Manufacturers of simple medical devices or components for medical devices.
Metal Parts
Companies that make, engrave, coat or plate metal parts.
Waste
Providers of services for collecting, mitigating or treating waste products.
Water
Competitors in the water delivery, sanitation or purification industry.
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Companies that draw our interest match these characteristics:
Attractive industry
We look to balance manageable risks with real opportunities.
Strategic plan
We want a blueprint for how to keep or gain profitability.
High-quality management team
We prefer that top performers remain in place following the acquisition.
Business-to-business
We have strong experience with this marketplace.
Manufacturing
We prefer to work with companies involved with manufacturing and/or distribution offerings.
Transaction size of $2 to $5 million
We consider larger transactions, and smaller if operations can be merged into our existing businesses.
Strong performers
We look for strong historical cash flow, positive current cash flow and recurring revenue streams.
Underperformers
We may work with underachieving companies in need of restructuring or turnaround situations.
Proximity
We prefer companies located within drive time of our offices in the Twin Cities area.
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