The Courtney Group
in Private Equity
Private Equity
Investment Criteria

The Courtney Group is focused on identifying, executing and leading direct private equity investments in established small-cap companies that can satisfy a majority of the following criteria:

Revenues: $5 - $500 million
Equity Investment: $1 - $100 million per transaction
Management: The Courtney Group team of operating executives can augment existing management where necessary. We prefer that management have a significant equity interest post-closing; prefer direct dialogue with senior management rather than with third party.
Targeted Sectors: Renewable Energy and Waste Management Technology: municipal solid waste, electronic waste, chemical and industrial waste, medical waste and biomass waste.

Environmental Services: environmental construction, project management, consulting, remediation, training, education, testing, laboratory, and transportation.

Financial Services: electronic trading, information systems, transaction processing, alternative and traditional asset management platforms, including family offices, separate account managers, institutional managers, fund of funds, hedge funds.

Health Care: telemedicine, disease management, health care information technology, products and services for obesity, clinical research organizations.

Manufacturing & Industrial: Niche manufacturing companies with excellent market position, strong asset base.

Technology: software, services, hardware and niche technology products.

Desired Business Variables: Companies with established products/services

Stand-alone, high-growth platforms; corporate carveouts; corporate orphans; organic or acquisition buildups

Potential for highly profitable internal growth

Strong return on capital

Opportunity for significant market share capture

Low technology risk
Profitability: Businesses with solid fundamentals are strongly preferred. Operating profit margins exceeding 10% (ideally 15-20% within 1-2 years). Certain distressed situations will be considered.
Capital Structure: Adequate asset base or cash flow to support debt is preferred