Investment Criteria

Waveblock #176

Investment Philosophy

Our decisions support whatever path will maximize the probability of a successful outcome. The output of this strategy combines significant value creation and a substantial risk reduction.

Waveblock #176

Our Criteria

We buy a majority and partner with leadership teams for the long-haul.

Investment Criteria Detail

  • Internet
  • Digital media
  • B2B SaaS/Services
  • Logistics
  • Climate solutions
  • Consumer products
  • Partner Equity
  • Majority Control
  • Liquidity or Recapitalizations
  • Carve-Outs
Deal Size
  • EBITDA: $2 to $10 million
  • No minimum for add-ons co’s
  • North America

Upside for our partners

Upside for Owners
  • Long-term focus
  • Refreshed and clean cap table
  • Talent attraction
  • Pragmatic alignment of incentives
  • Speed and certainty to close
Upside for Management Teams
  • Autonomous and entrusted management
  • In touch, operationally minded ownership
  • Ability to invest additional capital
  • Focus on team, culture and purpose
Upside for Intermediaries
  • Direct and decisive feedback
  • Optimize for fair and simple deal terms
  • Flexible and creative with deal fees