Bennett Capital Partners looks to partner with companies that meet the following criteria:
Company Attributes:
- Expanding industry sectors
- Strong revenue growth dynamics
- Consistent cash flow generation with strong growth potential
- Diverse customer base
- Differentiated product lines
- Product base not subject to rapid technological change or obsolescence
- Proven and established management team
Financial Attributes:
- Sustainable gross margins consistent with past operating performance
- EBITDA between $3 and $20 million for platform companies (unlimited for add-on acquisitions)
- EBITDA Margins of at least 10%
Bennett Capital Partners will consider multiple segments of the U.S. and global economies, with a focus on industries where the product base is not subject to rapid technological change or obsolescence. Through our disciplined evaluation process, BCP looks to identify industry niches that are likely to sustain strong and consistent growth. Acquisition opportunities will initially target, but will not be limited to, companies located throughout North America, focused predominately in the Midwest, Mid-Atlantic, and Southeast regions of the U.S. We believe there are significant opportunities to invest in these underserved markets. However, we are open to partnership opportunities in regions outside of these areas if the target meets our criteria.
Our model and investor base favors partnerships focused on companies with market-leading businesses that serve attractive demand niches with characteristics that provide downside protection and the potential for long-term value creation. We will look at companies with leading market share, expanding industry sectors, and differentiated product lines that represent quality and value. Ideal companies will have superior business models that leverage advantages such as low-cost manufacturing assets, value-added products or processes, proprietary technology, deep customer relationships, and steady cash flows with upside potential through capital investment.