INVESTMENT STRATEGY
Investment Scope
Late-stage development, Lower Mid Market
Primarily mature businesses of comparable scale and quality originated
from succession-driven buyouts of stable businesses with
healthy cash flow and ones that require external impetus to further
their development
Primarily mature businesses of comparable scale and quality originated from succession-driven buyouts of stable businesses with healthy cash flow and ones that require external impetus to further
their development
Investment Criteria
Only Majority Shareholdings
Management and control of targets solely through majority interest. Any minority positions remain in the hands of the original owner(s) or management
Agile investor
Seeking investment opportunities that require the team’s pro-active buy-and- build, hands-on growth and/or consolidation strategies to reposition investments
No Start-ups and Debt Financing
Start-up investment avoided and no leveraged finance provided
Target Company KPIs
Enterprises
Small and medium-sized enterprises typically valued up to
€ 10 M
Profitability
Minimum EBITDA (excluding add-ons) of
€ 0,2 M
Annual Sales
Annual sales revenue of
€ 2–20 M
Revenue
Stable revenue generation /
regular cash flow
Ticket Size
€ 2 – 5 M
Sweet spot
€ 3 M
Well diversified
Well-diversified,
long-term customer base
Geography
Primarily investing into commercial expansion in Slovakia, which we know best, as well as Czech Republic with “add-ons” in other CEE countries
Due to the confidential nature of the prior investments, the track record will be submitted upon request.