Marwit Investment Focus

On new platform investments, the Firm's investment focus has been and remains on lower middle market businesses headquartered in the Western U.S. We seek businesses that are leaders in sizable and expanding niche markets that have established competitive advantages, scalable core competencies and clearly identifiable growth opportunities. We partner with experienced and committed Operating Managers in each transaction and focus on value creation from Day 1 against a written Operating Plan. We are active investors executing operating discipline that is focused on producing strong business fundamentals and maximizing equity value upon exit. While we prefer to invest in proven business models, we also consider sub-optimized businesses and can bring extensive operational experience and our own internal resources to upgrade and expand management, systems, and growth pathways.

Company Size
  • Revenues of $20-200MM, EBITDA in range of $4-20MM
  • Enterprise value generally up to $100MM, at the time of investment
Geography
  • Platforms generally headquartered in Western U.S. with a geographic footprint that may be regional, national or global
Investment Size
  • Equity investments of $10-40MM per Platform Company
Industries
  • Broad interest across a variety of industries including: Infrastructure, healthcare services, healthy living products and services, industrial products/services, business services, renewable resources and retail/entertainment
Business Fundamentals
  • Leader in niche markets
  • Management strength and depth
  • Prefer entrepreneur and family-owned businesses which have not yet had professional (private equity) ownership
  • Strong growth potential: organic growth and acquisition potential
  • Identifiable value creation and realization possibilities
Types of Transactions
  • Control Equity: buyouts and recapitalizations
  • Growth Capital: growth capital financing expansions and acquisitions
Sellers
  • Founders seeking liquidity
  • Divestiture from larger corporation
  • Recapitalizations
  • Owners or operators seeking a partner with the expertise to help take the business to its next phase of growth
  • M&A consolidation strategies
  • Going private transactions