Key Facts

2010

Year Founded

We do not believe in private equity – we believe in permanent equity. We do not have GPs and LPs. We simply partner with key management to own businesses together for the long term.

3

Key Offices

Our offices span the country. We know business is local. We let our local teams work together to find solutions that fit to preserve our corporate culture and value but with local appeal and intelligence.

300

Operating Team

Our portfolio ops teams are the core of our competitive advantage. The greatest outcomes come from great teams. Our people are our most valuable asset. They are skilled problem solvers that believe challenges can be opportunities.

10

Transactions

We know what we know and what we don’t. We think we are good listeners. We have been consistently successful by employing a risk management approach over a returns approach.

Investment Criteria

$50-3,000m

Size

Revenue of $50M to $3,000M+
Growth and Consistency

$1-200m

EBITDA

EBITDA of $1M to $200M+
CapEx and Surety

Flexible

Investment Horizon

No plans to sell a business
10-20 year time horizon

Ownership Positions

Majority Ownership

Majority, Typically 100%
Founders, Private & Public

Target
Infrastructure

Heavy
Civil

Water
Infrastructure

Transit
Transportation

Foundation
Drilling

Other
Construction

Support
Services

PERMANENT EQUITY NOT PRIVATE EQUITY

EXPERIENCE
  • Two decades with a consistent strategy
  • Currently own and operate growing infrastructure platform
  • We know the space: maintain significant bonding
  • We care about people: we invest in people
VALUE CREATION
  • Proven record of working increasing long term value
  • We have relationships that can open doors quickly
  • We work to create great companies
  • We work to create respectful, high character premium companies
STEWARDSHIP
  • Commitment to improving company mission
  • Conservative capital structures – no financial engineering
  • Local – we live and work in the region as our companies
  • Long term – enjoying the experience and building trust
LONG-TERM PERSPECTIVE
  • We believe in partnering with management for success
  • We are not private equity – we are permanent equity
  • We believe that “slow and steady” will certainly win the race
  • We believe reputation is everything