PHILOSOPHY
We Invest in Founder Owned Businesses
We partner with family or founder-owned companies in the US and Canada, typically investing $10 to $50 million in businesses with $3 to $15 million of EBITDA and attractive growth opporunties. We prefer majority ownership but remain highly flexible, collaborating with owners to structure win-win transactions that meet their specific needs.
We are Focus Driven
Unlike traditional firms managing dozens of assets, we focus on only a handful of investments at a time. This concentrated approach allows us to provide more dedicated support to our portfolio companies. While our typical hold period is 4–6 years, we have the patience and capital to remain invested much longer when the situation calls for it.
We are Growth Partners
We do not operate companies day-to-day - that’s for the management team and owners we invest behind. Instead, we work actively with the companies we invest in, particularly around growth initiatives. Whether it’s investing in building a sales force, ramping up marketing spend, or acquiring competitors, we look for opportunities where our firm’s skillset can help accelerate sales and profitability.
INVESTMENT CRITERIA
Core parameters for investments:
$3 to 15 million of EBITDA in our target sectors: Multi-Unit Services and Healthcare
Businesses that are growing and where our involvement can help accelerate their growth trajectory
Majority or significant minority ownership
WHY NBG
We have a few core attributes that set us apart from a typical private equity firm:
While some firms have dozens of investments, we are highly selective and keep our portfolio small. This gives us time to actually support each of our companies and makes us more personally invested in their success
Many firms have large teams with layers of Analysts, VPs, and Partners. You may not even be talking to the real decision makers. Our team is small, enabling quick decisions and meaning you only deal with the founders of our firm.
We generate the vast majority of our investment returns by aggressively growing our portfolio companies. After making an investment, a majority of our time is focused on helping to grow revenue and profitability. We only get excited about a business if we believe there’s an opportunity to 2-3x or more the size of a business over the course of a few years.
We perform significant industry research prior to even talking to potential investment targets, which allows us to have insights on how we can help a company grow. We also work closely with a team of Operating Advisors who can serve in strategic board roles or as executives in companies we invest in.
Our team has deep experience in our target sectors and we also have entrepreneurial DNA. We are always willing to do real work to assist a company’s management team, which can include everything from putting together a long-term strategic plan, creating more robust financial reporting, evaluating M&A, or helping recruit new team members.
VALUE CREATION
We are collaborative partners for growth
