Adirondack Growth Capital

INVESTMENT FOCUS

Adirondack is actively looking to acquire businesses with owner-operators seeking full or partial liquidity as they transition out of day-to-day operations. Our acquisition structures are highly flexible and creative; however, we require a controlling interest: we are not minority investors. The business must be located in the United States and should satisfy most of the following criteria.

Ownership Situation

Rapidly Growing Business Retirement Ready
  • Entrepreneur / owner looking to exit
  • Need experienced day-to-day management
  • Would benefit from access to capital
  • Owner looking to diversify personal wealth
  • Ready to transition out of a day-to-day operating role
  • No successor in place
  • Cares about the future of the organization and its employees

Financial Attributes

  • $5 to $25 million of revenue
  • $750K to $3 million of EBITDA
  • 15%+ EBITDA Margins preferred
  • Consistent cash flow
  • Significant growth potential
  • Limited capital expenditures

Industries of Interest

Click here for NAICS codes of interest
  • Business Services
  • Value-added Distribution
    assembly, kitting, or configuration
    • Chemicals, medical, dental and other consumable products
    • B2B or B2C ecommerce
  • Light Manufacturing
    • Chemicals, electronics, misc. niche products
  • Healthcare
    • Services, distribution, and manufacturing
    • Medical records technology, healthcare IT, software
Adirondack will opportunistically look at most industries other than heavy manufacturing, construction, and brick & mortar retail.

Company Attributes

  • Consistent revenue growth
  • Diverse customer base with high retention rates
  • Recurring revenue and / or repeat customer base
  • Identifiable growth opportunities
  • Clear value proposition for customers
  • Sustainable competitive advantages
Adirondack will not invest in a start-up company, a turn-around situation or a business with project-based revenue.