Our focus at Centerfield is to invest in leading companies in the lower middle market. While we pursue investment opportunities across the United States, our preference is to invest in companies in the Midwest, a region where we maintain a broad network of relationships and which is historically underserved by private equity.
Centerfield seeks companies that generally meet the following characteristics:
Financial Characteristics
- Revenue of $15 to $75 million
- EBITDA of $2.5 to $8 million
- EBITDA margins of 10% or more
- Profitable operating profits
Business Characteristics
- Experienced and complete management team (continuity preferred)
- Management ownership in the business
- Market leadership, or the potential to achieve it
- Established and growing end markets
- Sustainable competitive advantages
Industries of Interest
- Manufacturing
- Business services
- Consumer products and services
- Healthcare services
- Transportation and distribution
Centerfield Does Not Invest In
- Early stage or developmental stage businesses
- Public companies
- Turnaround situations
- Project oriented financings
- Retailers
- Real estate
- Finance or investment companies
Geography
- United States, with a preference towards the Midwest