EBITDA: $0 – $5.0M
Prefer companies with 10%+ EBITDA margins
Geographically Agnostic
Though we will emphasize companies West of the Mississippi
Strong cultures focused on building great teams and delivering superior customer service
Management/Senior Leadership:
Generally, we prefer opportunities with continuing management and senior leadership, but we are also happy to consider an investment in which management and manager/owners are transitioned out immediately or over a reasonable time period.
Attractive compensation programs and incentive-based options for owners and/or senior managers are an integral part of our investment philosophy.
Preferred Investment Structure:
Flint strives to keep the structure simple for the Sellers while aligning incentives for the team and management. We do this by utilizing the following elements when structuring investments:
- Cash payment/investment for the Seller
- Rollover equity (if desired) for owners/managers seeking to maintain an ongoing ownership stake
- Seller debt (when 3rd party debt is unavailable or cost prohibitive)
NOTE: We do not use earnouts as they often create tension with the Seller and misalign incentives