what we look for
We seek established, high-quality medium-sized businesses with proven track records, strong fundamentals, and a clear path to continued growth. Our preferred investments typically share the following characteristics:
ENDURING TRACK RECORD
10+ years of operating history, with evidence of resilience across cycles and changing conditions.
$2-20m in annual revenue (approximately), consistent profitability, with a stable customer base and a business model that has demonstrated repeatability.
SIZE AND PROFILE
CONSISTENT
PERFORMANCE
Steady and growing revenue streams year over year, supported by customer retention, recurring or repeat purchase behaviour, and healthy unit economics.
STRONG OPERATIONAL FOUNDATIONS
Proven operational fundamentals, with processes and capabilities that can scale. We value businesses where day-to-day execution is reliable and where there is an appetite to strengthen the platform further as the business grows.
CLEAR VALUE CREATION
OPPORTUNITIES
We look for businesses with identifiable, actionable opportunities for sustainable growth - where strategic focus and operational excellence can unlock the next stage of performance. This may include expansion into new channels or geographies, product and pricing optimisation, commercial effectiveness, targeted capability building, or operational improvements that support scale - without disrupting what already works.
We work best with owners and management teams who care about legacy, people, and customers - and who want a long-term partner committed to building an enduring business.