We seek to acquire or invest in
profitable middle market
eCommerce companies.
We seek to acquire or invest in profitable middle market eCommerce companies.
Company Types
B2C & B2B eCommerce
Companies selling to business and/or retail customers
Highly defensible competitive position based upon any of the following business characteristics:
Branded proprietary products
Vertical integration
Customized or made-to-order products or services
Complex, technical and highly researched products or services
24-month variable contribution per customer of at least $50
Marketing Services for eCommerce
Specialized offering serving eCommerce companies with differentiation based upon intellectual property and/or technology-enablement
Marketing Technology for eCommerce
SaaS tools and platforms serving eCommerce companies
Transaction Types
Majority re-capitalizations
Corporate carve-outs
Minority investments
Co-investments alongside other investment firms
Financial Characteristics
EBITDA positive to $50M in EBITDA
Add-ons
Customized or made-to-order products
Renovation Brands: Home improvement and building products companies selling direct