Mandates
Mandates.
Six mandates. We act on one side of a transaction, for one firm per thesis, for as long as the mandate runs.
01AcquisitionBuy-sideWe hold coverage of owners who are not for sale, through the years before they are. The mandate transacts before a book exists.Perspective · Origination Ahead of Process02Add-onBuy-sideWe map the whole set inside the thesis and work it from before the platform closes. The programme does not stall at the second acquisition.Perspective · The Buy-and-Build Spread03SuccessionSell-sideWe act for the owner while the decision is still being considered, not once it is announced. The terms beside price are treated as terms.Perspective · Succession in Owner-Operated Businesses04Carve-outEither sideWe read the parent's timetable in its own filings and reach the division in the quarters before a banker is appointed. The standalone cost base is settled before exclusivity.Perspective · Carve-Outs and Separation Cost05Capital raiseRaiseWe fix the structure first, then define the short list of providers who can price it. Nothing goes to a party who could never have transacted.Perspective · Financing the Lower Middle Market06Fund formationRaiseWe establish attribution and access in a form an allocator can verify without us, then set the order of the meetings. The first close is not asked to carry the story.Perspective · Attribution and Access