Granville
Partners LLC is a long-term investor who seeks to build a portfolio
of privately-held companies for capital appreciation over a
10 -20 year time horizon. We invest in business where we can
identify a strong combination of capable people, unique and
valuable products, quality customer service and supply relationships.
Second,
we see businesses and owners where there is recognition that
wealth-building can be accelerated with the addition of new
capital and additional managerial expertise and experience.
We prefer to include the owners or management as equity partners
so that our long-term incentives are aligned.
Third,
we invest in companies that either have an established history
of profitability, or where we can identify specific areas to
enhance profitability from current levels and where we can structure
the business balance sheet with a prudent capital structure.
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Desirable Industry Characteristics:
- Businesses
with proprietary technology, product/brands and/or manufacturing
methods.
- Businesses
with interrelated mix of services and product offerings.
- Stable
and attractive aftermarket business or consumable products
companies.
- Companies
able to benefit from enhancements in the application of information
technology, manufacturing productivity improvements, global
sourcing, and global marketing.
- Strong
and sustainable niche market position.
- Real
estate, oil and gas properties, high technology or regulated
industries..
- Early
stage situations, such as startups seeking venture capital.
- Prefer
investments in Ohio and contiguous states especially if
the business is under-performing.
- Will
consider investments throughout the US and Canada.
- Investments
outside the US and Canada require outstanding management
in place, excellent growth potential coupled with strong
historical profitability.
- Evolving
technology, product based businesses; OEM components
and assemblies are of particular interest.
- Industrial
products and markets.
- Select
specialty chemical, wholesale distributions or service
companies.
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- Private
companies that are transitioning ownership with either a partial or
complete sale of the business.
- Corporate divestitures.
- Successful companies
with sales in excess of $8M and generally below $50M.
- Investments
with and aggregate transaction value between $10M and $25M with EBITDA
of $2 - $5M.
- Will consider
unprofitable companies only where clearly identifiable turnaround
actions can be established.
Favored
Transactions:
GP will invest
either as a buyer of the entire business or as part of a partial liquidity
transaction where management is looking for a structured path to eventual
retirement. GP will only invest in a controlling position.
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