INVESTMENT MANDATE

BUSINESS SIZE

• ~$0-8mn EBIT

• ~$2-50mn revenue

INDUSTRIES

• Healthcare (including veterinary)

• Education

• Information technology (including SaaS)

• B2B services

• Niche industrial

• Consumer non-discretionary

OWNERSHIP

• Typically, 20-49% shareholding alongside owner operators

• Flexibility to take majority shareholdings

LEVERAGE

• No leveraged buyouts

CHEQUE SIZE

• ~$5-15mn

GEOGRAPHY

• Australia