Through extensive experience working with small and lower middle-market businesses, we have identified a significant opportunity for attractive returns in companies with revenues between $1M and $10M. With record levels of dry powder, private equity competition continues to intensify in the upper middle market and valuations continue to rise—even in the face of higher interest rates. However, sub-$10M businesses remain overlooked by sophisticated investors, largely due to the hands-on effort required to unlock their full potential.

These businesses often possess strong cash flow and favorable risk profiles relative to their low valuation multiples. Unlike many private equity-owned firms that are managed with a short-term exit in mind—sometimes at the expense of stability and employee engagement—our long-term holding strategy prioritizes sustainable growth. By combining patient capital with a relentless focus on people, we create resilient businesses with stable cash flows that generate consistent investor returns year after year.