Acquisition Criteria

Strong businesses. Sound fundamentals. A credible next chapter.

We pursue established companies where responsible ownership, management continuity and focused support can create enduring value.

What matters
01Established operating history
02Resilient commercial fundamentals
03Capable management and employees
04Practical opportunities for growth
Considered decisionsCommercial judgementManagement continuityLong-term value

What we seek

Criteria that guide judgement—not a rigid formula.

We are interested in established businesses with genuine customer value, understandable economics and a defensible market position.

Each opportunity is considered individually. Sector, geography, size, ownership situation and transaction structure may vary where the underlying business and long-term rationale are compelling.

Preferred characteristics

The foundations we value.

Not every business will exhibit every characteristic. These are the qualities that help begin a productive conversation.

01

Established operations

A demonstrable track record, repeatable activity and products or services that customers value.

02

Resilient revenue

A credible base of demand, sensible customer economics and manageable concentration risk.

03

Healthy fundamentals

Understandable earnings and cash dynamics with scope for responsible reinvestment.

04

Capable people

Management and employees whose expertise, relationships and commitment support continuity.

05

Defensible position

Customer trust, specialist capability, brand, know-how or other meaningful competitive strengths.

06

Value-creation potential

Practical opportunities to improve visibility, operations, customer outcomes and sustainable growth.

Situations we consider

Flexible about circumstances. Consistent about substance.

1

Owner transition

A founder or shareholder considering succession or a full or partial transition.

2

Growth partnership

A good business seeking ownership support for its next stage.

3

Corporate divestiture

A non-core subsidiary or division that may thrive under focused ownership.

4

Management continuity

A transaction where an existing leadership team can remain central to the future.

5

Special situations

A fundamentally sound business facing a solvable ownership or performance challenge.

Our framework

What helps us assess an opportunity efficiently.

Please provide high-level information initially. Sensitive documents should be shared only through an agreed, secure process.

  • High-level business overview
  • Ownership objectives and timing
  • Recent financial summary
  • Customer and market context
  • Management overview
  • Reason for the proposed transaction
  • Known priorities or constraints

Next step

Does the business sound like a potential fit?

We welcome introductions from owners, brokers, advisers and management teams.