Investment Criteria

GEOGRAPHY

TEXAS TRIANGLE

Houston | Austin | San Antonio | DFW

REVENUE

$5mm – $25mm

Annual Revenue

EBITDA

$1mm – $5mm

Annual EBITDA

Target Industries

Niche Manufacturing

Critical Equipment Service & Maintenance

Waste & Environmental Services

Medical Supplies & Services

Calibration & Testing

Consumable Supplies

Energy & Oilfield Services

Utility & Infrastructure Services

Safety & Workforce Training

Regulatory Compliance

Business Characteristics

Attractive Characteristics
      What I am actively looking for
Three or more years of consistent profitability
Recurring or repeat revenue from loyal customers
Stable, predictable cash flow
A defensible position in a niche market
A strong team and established operating foundation
An owner who cares about what happens next
What I Am Not Looking For
      Situations I will pass on
Turnarounds or distressed situations
Customer concentration above 30%
Highly cyclical or trend-dependent industries
Early-stage or pre-profit companies
Businesses requiring relocation outside Texas
Competitive auction processes