About Us
We are an independent private equity firm based in Santa Monica, California. We formed the firm with the belief that there was a better and more efficient way for our investors to access superior private equity investment opportunities. Our investment focus is inefficient markets, as defined by either the size or the complexity of the transactions. We believe these markets are largely under-served by private equity investors and offer both the most numerous opportunities and the best risk-adjusted returns.
Our Investment Approach
Centered on identifying and profiting from market inefficiencies inherent in small-cap and/or complex situations.
Representative Transaction Characteristics
- Buyouts
- Thematic Platform Builds
- Recapitalizations
- Growth
- Special Situations
- Carve-outs
- Turnarounds
Representative Business Characteristics
- Founder Owned
- EBITDA of $3-$15mm
- Fragmented Market
- Defensible Position
- Opportunity to Improve Operations
- Headquartered in the US or Canada
Investment Characteristics
- $10-$25mm Equity Investment
- LP Co-Invest Available
- Majority or Minority Stakes
- Board Observer Seat
- Hurdled Economics