For advisors and brokers
Easy to deal with. Reliable to the finish line.
We invest our own capital, alone or alongside partners we know. Responsive, discreet and straightforward — and we won’t waste your time.
You are deciding whether we are worth your client’s time, and you will decide quickly. So, briefly:
- We invest our own capital, alone or alongside partners we have worked with before. We do not need to raise a fund to complete a transaction.
- We have completed acquisitions in Victoria, New South Wales and Western Australia.
- We are comfortable in competitive, advisor-run processes. We bid credibly, keep to the timetable, and stand behind what we put on paper.
- We are unconstrained by fund lifecycle dynamics, so we can offer your client a permanent home and mean it.
- We can be flexible and creative on structure, including partial sales.
- The vendor is your client. We will not go around you.
How we behave
Four things you can hold us to.
- Discretion, efficiency and transparency, and we are dependable on all three.
- Standard commercial diligence, focused on items of real criticality and on keeping momentum.
- A fair deal. If your client is selling purely to the highest bidder with no regard for what follows, we are the wrong buyer and will say so early.
- Your time respected. It is the most precious resource any of us has, and we won’t waste yours.
Investment criteria
Our mandate is open, so we will look at anything. These are our preferences.
- A simple business selling an essential, non-deferrable product or service. To us, boring is beautiful.
- A long, consistent history of $1–10 million in annual cash earnings, from a broad base of recurring customers, at healthy margins.
- High — ideally improving — returns on equity, achieved with little debt.
- Favourable long-term prospects, from a defensible market position and a durable value proposition.
- Proven, aligned managers and engaged employees with low turnover.
- Headquarters in Australia.
- Full or partial sale. We prefer a majority position alongside the existing or incoming management team.
Send us something.
An email with a one-page summary is enough to get a same-week answer, and a fast, specific no if it’s a no.