Fieldstone Partners is increasingly focused on private equity investment opportunities for our own account, along with equity investment partners which we have worked with over the past two decades.
The following summarizes our primary investment criteria:
Revenues
- Revenues generally of $25 million to $200 million
EBITDA
- EBITDA generally of $5 million and higher
Growth Profile
- Potential for considerable growth
- Often companies that can be positioned as buy-and-build platforms for additional growth
Management Perspective
- Engaged owner/managers that want to move to the next level in their corporate development
Industry
- Industry agnostic – we consider transactions across a broad spectrum of business sectors
In approaching potential private equity investments, we are especially interested in recapitalization opportunities, where we can apply our considerable experience to that form of transaction. We often find that owner/managers are faced with the perceived binary choice of status quo vs. an upstream merger, without realizing that there might be an in-between solution.
A recapitalization can provide owner/managers with much of the liquidity and capital gains tax advantages of a sale, but with a continuing significant equity ownership and management participation. Long term estate planning and charitable gifts planning can also be addressed. Fieldstone Partners joins with the owner/manager as an investor partner, along with other qualified investor partners that might add value to the opportunity.
