INVESTMENT CRITERIA - Hidden Harbor Capital Partners

WHAT WE LOOK FOR

Lower middle market companies up to $500 million in revenue (or any size for add-on opportunities to existing portfolio companies)

EBITDA up to $30 million – willing to look at unprofitable businesses

Strong strategic positions – market leadership

Companies headquartered in North America

Founder and family owned businesses

Corporate carve-outs

Facilities Services

Electrical
Elevator Services
Fire & Life Safety
Garage Maintenance
HVAC & Plumbing
Landscaping & Veg. Mgmt
Property Restoration
Roofing

Residential Services

Electrical Maintenance
Environmental Testing & Compliance
Foundation Repair
Generator Services
HVAC & Plumbing
Property Restoration
Septic Services

Industrial Services

Cleaning
Safety/Compliance
Plant & Equipment Maintenance

Infrastructure

Telecom Infrastructure Maintenance
Transport Infrastructure Products & Services

Automotive

Aftermarket Auto Parts
Aftermarket Truck / Commercial Parts
Auto Repair Shops
Fleet Maintenance & Repair
Powersports Parts
Recycled & Remanufacturing Parts

Professional Services

Architecture Services
Cybersecurity & IT Managed Services
Engineering Services

Environmental Services

Beneficial Re-Use & Recycling
Waste Collection
Waste Management

Utilities Products & Services

Electrical Utility
Natural Gas Utility
Water Utility

Chemicals

Chemicals Distribution
Specialty Chemical Manufacturing

Energy/Power

Back-Up Power Products & Services
Data Center Products & Services
Renewables Services & Inspection

Distribution

Building Products
Food
Specialty Gases

Other Themes

Asset Light Trucking
Aviation MRO
Specialty Packaging

Partner for Founders & Families

Hidden Harbor has deep experience buying businesses from founders and families.

Flexibility for the founder or family on whether they will roll into a new capital structure
Flexibility for founder or family roles going forward including management roles and board participation
Dedicated and experienced Operations Team that can provide interim leadership

Founder & Family Owned In the Portfolio

current

realized

Corporate Carve-Out Capabilites

Hidden Harbor’s operational excellence makes us a partner of choice for complex situations, including
corporate carve-outs.

Comprehensive, tested playbook – prepared to address the hundreds of issues that arise Significant experience carving out IT systems: establishing a new system or new instance of the parent system
Improve accounting, sales and other capabilities including interim management
Track record of meeting deadlines and retiring Temporary Service Agreement with the parent ahead of expiration
Dedicated and experienced Operations Team that provides interim leadership

Corporate Carve-Outs in the Portfolio