NB Group invests $10-100M of total capital in companies with $2-15M+ of EBITDA. Our preference is for control (51%+ ownership) or significant minority recapitalization, but we are flexible and customize every transaction. While we do not look to operate companies day-to-day, we are active investors who work closely with management teams to help grow businesses. Unlike a traditional private equity firm, we only focus on a handful of opportunities at a given time, which allows us to be a more valuable resource to our portfolio companies.
Buyouts / majority recapitalizations
Minority recapitalizations (details here)
Corporate carve-outs / divestitures
Industry consolidations through rollups
Consumer & Retail
Technology & Telecommunications
We consider all opportunities in these sectors, but focus most closely on a varying set of sub-segments at any given time (see Insights).
IDEAL INVESTMENT CRITERIA
Growing revenue base with recurring characteristics
Strong competitive position
Loyal customer base with limited concentration
Attractive unit economics
Multiple growth levers
$10M or greater revenue and growing
10%+ EBITDA margins
Low to moderate capital expenditure
Low cyclicality, non "fad-driven"
Industries undergoing some type of transition or with tailwinds that create growth opportunities
Niche or fragmented industries without dominant players, opportunity to consolidate
Existing management team with desire to remain, or willingness to help transition to new leadership
Ability for NBG to add value by working collaboratively with the management team, including enhancing the Board and making strategic hires