We are a Durham based private investment firm that seeks direct equity investments in lower middle-market companies located in the Southeastern, United States. We define lower middle market companies as those having annual revenues between $5 million and $100 million and earnings before interest, taxes, depreciation and amortization (“EBITDA”) between $1 million and $10 million. Our investment objective is to generate attractive risk-adjusted returns from capital appreciation from our equity investments.
We target family-owned or closely-held businesses in the Southeastern, United States. These companies will typically have established markets and customer bases, long-term track records with consistent financial performance and strong management teams.