Investment Criteria

Our Investment Focus

We seek to develop long-term relationships with intermediaries who represent business owners in our target market and sectors.  We strive to be responsive and open in our assessment of new opportunities and maintain flexibility to work within a broad range of processes.

We welcome introductions to intermediaries to build a better understanding of our strategy, approach and process.  To discuss a specific opportunity, or to simply learn more about our firm, please contact:

Mark Murray
m.murray@turningbasin.com
804-780-1903

 

Investment Criteria

Sector: Service providers and equipment manufacturers focused on the operation, maintenance and installation of critical energy and other infrastructure.. Areas of Focus
Type of Investment: Control equity or minority equity with certain control provisions.
Stage Focus: Established multi-year operating history with positive EBITDA and limited technology, regulatory or commodity risk.
Transaction Type: Buyout/ownership transition and growth capital.
Investment Size: $2 million to $5 million of equity per company.  EBITDA from $1 million to $5 million for new platforms.
Geography: North America with a primary focus on mid-Atlantic, Southeast and Gulf Coast regions.  Our targeted markets include the following states: OH, WV, PA, VA, NC, SC, GA, FL, AL, TN, MS, LA, TX, OK.
 
Valuation: EBITDA multiples that are typical for established and growing businesses in the lower-end of the middle market.