We invest in scalable branded and private label consumer packaged goods companies. We have a particularly strong interest in products selling through food, drug, mass, club, and convenience store channels.
INVESTMENT
FOCUS
TARGET
CATEGORIES:
Revenue of:
EBITDA of:
$15 Million
to
$150 Million
$2 Million
to
$15 Million
TRANSACTION TYPES
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Buyouts and Recaps of privately held businesses
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Growth Capital
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Corporate Carve-Outs
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Consolidations & Build-ups
STRUCTURE
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Strong Preference for direct control positions
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Open to Strategic Co-Investment opportunities where our operational and distribution strengths add significant value
GEOGRAPHY
Domestic U.S. market focus with headquarters office located within one-hour drive of an airport with direct air service to DFW
Target Operating Profile
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Differentiated products - preferably that are either Natural, Organic, or both.
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Products with Premium Positioning that allow for attractive gross margins (Branded and/or Private Label)
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Prefer businesses that manufacture their own products in SQF certified environments, although not opposed to businesses that have their products manufactured by a third party.
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Opportunities to create value through product line extensions, market expansions, and/or operational improvements
GUIDING PRINCIPLES & PHILOSOPHY
We take a long-term view with our investments. Our general investment horizon is five to seven years, sometimes longer. We place an emphasis on execution of a clearly defined value-creation plan, encourage management to maintain tight focus, and motivate key employees with performance-based compensation tied to common goals. Our three guiding principles are:
FOCUS:
Our Exclusive focus on Consumer Products allows us to bring operating expertise and deep industry relationships to support our companies. We add more than just capital - we add value.
INTEGRITY:
We regard fairness, transparency, passion, and follow-through as key ingredients to success. We say what we do, and do what we say.
RESULTS:
We partner with management in many ways to create value:
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Provide management with extraordinary autonomy and support them with top-flight resources - human talent, regulatory insight, customer POS data, production processes, product innovation ideation, and technological expertise among others.
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Offer substantial analytic, strategic, financial and operating support to help implement fundamental improvements in sales, marketing, operations and financial controls.
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Invest for growth. We provide capital for internal growth and add-on acquisitions