Investment Criteria
Bridlewood Partners focuses on founder- and family-owned businesses when ownership is ready to transition or seeking a strategic partner to help scale the company. We look for U.S.-headquartered, lower middle market companies exhibiting a mix of the following characteristics:
1
EBITDA
>$3mm (tuck-ins open to any size)
2
EBITDA margins
>10%
3
Capital Intensity
Low-to-medium capital needs
4
Headquarters
United States
Investment Criteria
EBITDA
>$3mm (tuck-ins open to any size)
EBITDA margins
>10%
Capital Intensity
Low-to-medium capital needs
Headquarters
United States
Capital Structure
Majority Ownership
Minority Investments (with a path to control)
Prudent capital structure
-
Majority Ownership
-
Minority Investments (with a path to control)
-
Prudent capital structure
Business Characteristics
- Organic growth and bolt-on acquisition opportunities
- Recurring / re-occurring revenue streams
- Regional or category leader
- Differentiated products or services
- Loyal and/or diverse customer base
- Margin stability
- >10 years operating history
- Management team in place or strong tier-2 leaders
- Not distressed or turnaround
Target Industries
Services
- Commercial / residential
- Environmental & facilities
- Industrial & infrastructure
- Not professional or healthcare
Industrials
- Niche / precision mfg.
- Industrial technology
- Engineered equip. / components
Miscellaneous
- Supply chain & logistics
- Specialty distribution
- Water & wastewater utilities