Investment Criteria
ONCAP considers investment opportunities in a wide range of industry sectors that include many of the following characteristics (all amounts in US$):
- Headquartered in North America
- Target enterprise value: $50-$500 million
- Target equity investment: $20-200 million
- EBITDA: in excess of $5 million
- Significant ownership position (including minority investment)
- Management team interested in ownership stake
- Strong, sustainable free cash flow
- Market leadership in fragmented industries
ONCAP invests in companies that offer meaningful organic and add-on acquisition growth opportunities. These investment opportunities are typically event driven and include, but are not limited to:
- Complete or partial sale of a closely held private company
- Sale of non-core asset by a larger corporate owner
- Company seeking equity capital to pursue key strategic initiatives
- Public company undertaking a going private transaction
Industry Focus
ONCAP focuses on investments in three industry verticals in which we have deep experience: Consumer, Industrials and Services.
Consumer
- Consumer Products
- Consumer-facing Healthcare Services
- Multi-location Services
- Auto Aftermarket
Industrials
- Machinery & Equipment
- Advanced Manufacturing
- Industrial Electronics
- Packaging
- Agriculture
- Flow Control
- Aerospace
Services
- Facility Services
- Education & Training
- Infrastructure & Utility Services
- Software
- Managed Service Providers