We make investments in companies that operate in fragmented industries and meet the following criteria:

Industry
Preferences

Manufacturing

  • Niche manufacturers
  • Engineered products
  • Gross margins > 25%

Distribution

  • Value-added assembly / kitting
  • Technical or design services
  • Gross margins > 20%

Business Services

  • Specialty technical services
  • High switching costs
  • Scalable business platform

Company
Parameters

$3 to $12 million

EBITDA

$20 to $150 million

Revenue

$15 to $100 million

Transaction Value

Will consider companies of any size as add-on investment opportunities

Transaction
Types

  • Privately held businesses
  • Corporate divestitures
  • Strategic add-on investments for platform companies
  • Select special situations

Geographic
Preference

  • Platforms headquartered in the United States
  • Globally for growth and add-on investments

Control

Required (alone or with a compatible co-investor)

Contact

deals@pfingsten.com