|
Private
Equity Partners provides equity capital in partnership
with management to facilitate later-stage internal
growth, intra-industry acquisitions, recapitalizations,
and buyouts, all with the fundamental objective
of achieving superior, long-term capital appreciation.
The firm focuses its investment activities on
manufacturing, distribution and service enterprises
that a) have the proven ability to achieve high
rates of return on invested capital b) possess
a sustainable competitive advantage and c) exhibit
attractive prospects in light of industry dynamics.
Private
Equity Partners seeks opportunities requiring
equity investments ranging from $2 million to
$10 million, and will provide additional follow-on
financing when warranted. In addition to providing
equity capital, Private Equity Partners can arrange
senior or subordinated debt financing to complete
transactions. The firm's aim is to utilize sufficient
leverage to bolster equity returns without jeopardizing
the flexibility needed to grow a business. Private
Equity Partners will act as lead investor or co-investor,
and the firm will consider either minority or
controlling positions.
The
principals of Private Equity Partners have complete
authority for all investment decisions; thus,
the ability to respond quickly is not dependent
upon an investment committee. Private Equity Partners'
disciplined approach requires valuations that
will provide its partners a fair return for the
risks inherent in private investing. To help mitigate
this risk, the firm looks to ensure alignment
of interests through meaningful equity participation
by management.
Private
Equity Partners relies on portfolio company management
to make day-to-day operating decisions. The principals
manage the firmís investments through active board
participation, particularly in the areas of corporate
finance, business strategy, and organizational
development. The firm views value creation as
a long-term process, and seeks flexibility with
regard to liquidity opportunities rather than
being tied to a particular exit strategy. As stewards
of its partners' capital, Private Equity Partners
will work with management to explore timely opportunities
to realize investment returns.
|