Investment Criteria
Balustrade Capital seeks to partner with successful, long-tenured businesses which need capital, commitment and creativity to reach their full potential.
Ideal partner companies will offer multiple opportunities for both organic as well as bolt-on growth without overreliance on fast-changing and disruptable technologies
Ideal Business Profiles
Strong Track Record
Maintains a track record of high quality financial performance based on relationships with multiple long-term customers
Scaleable
Offers an opportunity for accelerated growth through incremental capital infusions and/or committed strategic leadership and vision
Fragmented Niche
Participates in a niche industry without a concentrated number of dominant players, allowing potential growth through future bolt-on acquisitions
"Old" Economy
Does not primarily generate revenue based on software code or other advanced technologies
Example Industries
Participates in historically under-appreciated industries, e.g.:
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Home / Business services
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Niche Manufacturing
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Experiences / Content
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Distribution / Wholesale
SDE between $1-5M
Generates Seller Discretionary Earnings between $1m and $5m, though exceptions are made for targets with a strong strategic fit
Location
Headquartered in the US Midwest, with a strong preference for the greater Chicagoland area