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.
Buyouts and Recaps of privately held businesses
Consolidations & Build-ups
Strong Preference for direct control positions
Open to Strategic Co-Investment opportunities where our operational and distribution strengths add significant value
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
Differentiated products - preferably that are either Natural, Organic, or both.
Products with Premium Positioning that allow for attractive gross margins (Branded and/or Private Label)
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.
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:
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.
We regard fairness, transparency, passion, and follow-through as key ingredients to success. We say what we do, and do what we say.
We partner with management in many ways to create value:
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.
Offer substantial analytic, strategic, financial and operating support to help implement fundamental improvements in sales, marketing, operations and financial controls.
Invest for growth. We provide capital for internal growth and add-on acquisitions